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Today: April 09, 2025
Today: April 09, 2025
Svea Herbst-Bayliss

Svea Herbst-Bayliss

Staff Writer

Latest From Svea Herbst-Bayliss

Business|Economy|Finance|Political|Stock Markets|US

Activist Ancora drops U.S. Steel campaign after Trump orders review of Nippon Steel bid

Investment firm Ancora Holdings on Wednesday walked away from a bitter board room fight with U.S.

Activist Ancora drops U.S. Steel campaign after Trump orders review of Nippon Steel bid
Business|Economy|Finance|Stock Markets|Technology|US

Anson Funds names its 3 candidates in board fight at Match Group

Hedge fund Anson Funds blamed Match Group's board for the online dating company's underperformance and named publicly for the first time its three director

Anson Funds names its 3 candidates in board fight at Match Group
Business|Economy|Finance|Stock Markets|US

Trump tariffs, economic uncertainty fuel more settlements between CEOs and activists

Shares of Yeti Holdings tumbled in December and again in March when President Donald Trump threatened tariffs against China, where the company had some of

Trump tariffs, economic uncertainty fuel more settlements between CEOs and activists
Business|Economy|Finance|Stock Markets|US

Activists step up demands on companies globally in Q1, focus on US corporations

Corporate agitators increased pressure on companies globally to perform better by targeting more of them worldwide during the first quarter, with most

Activists step up demands on companies globally in Q1, focus on US corporations
Business|Finance|Stock Markets|US

Activist investor Engine Capital nominated 2 director candidates at Lyft, sources say

Hedge fund Engine Capital Management is gearing up for a boardroom fight at ride-hailing company Lyft and has nominated director candidates, sources familiar

Activist investor Engine Capital nominated 2 director candidates at Lyft, sources say
Business|Finance|Stock Markets|Technology|US

Rapid7 nears settlement with activist Jana Partners, sources say

Rapid7 is nearing a settlement with activist investor Jana Partners after the cybersecurity company and the hedge fund discussed ways to

Rapid7 nears settlement with activist Jana Partners, sources say
Business|Economy|Finance|Stock Markets|US

Yeti expands board by two after discussions with activist Engaged

Outdoor goods company Yeti Holdings, which makes cooler boxes and insulated cups, on Monday said it would add two new directors, expanding the size of its

Yeti expands board by two after discussions with activist Engaged
Business|Finance|US

T. Rowe Price's head of governance Donna Anderson to retire at year-end

Donna Anderson, who heads corporate governance at T.

T. Rowe Price's head of governance Donna Anderson to retire at year-end
Business|Economy|Finance|US

Bank of America cuts 150 junior jobs in investment banking, sources say

Bank of America has eliminated 150 junior banker jobs in its investment bank, two sources familiar with the matter told Reuters on Tuesday.

Bank of America cuts 150 junior jobs in investment banking, sources say
Business|Finance|Stock Markets|US

Anson Funds eyes proxy fight at Match, plans to nominate directors, sources say

Hedge fund Anson Funds is gearing up for a boardroom fight at Match Group and plans to nominate several directors to the online dating company's 10-member

Anson Funds eyes proxy fight at Match, plans to nominate directors, sources say
Business|Economy|Finance|US

Bank of America eliminates some investment banking roles, sources say

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the

Bank of America eliminates some investment banking roles, sources say
Business|Economy|Finance|Stock Markets|US

Dealmakers in wait and see mode, expect M&A pace to pick up later in 2025

Facing unexpected market volatility and geopolitical uncertainties, normally optimistic dealmakers are sounding a

Dealmakers in wait and see mode, expect M&A pace to pick up later in 2025
Business|Economy|Finance|Political|US

Trump policies cast chill on Wall Street dealmaking

A private equity firm in early talks to buy a small U.S. snack food maker and merge it with a Canadian rival was

Trump policies cast chill on Wall Street dealmaking
Americas|Business|Finance|Stock Markets|US

Elliott nominates 7 directors at Phillips 66, ratchets up pressure

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes that include spinning off or

Elliott nominates 7 directors at Phillips 66, ratchets up pressure
Business|Economy|Food|US

Shoppers turn to smaller food brands, cutting into Unilever, P&G profits

Big Food's worst nightmare is unfolding across U.S. supermarket aisles.

Shoppers turn to smaller food brands, cutting into Unilever, P&G profits
Business|Finance|Health|Stock Markets|US

Investor Deep Track launches proxy fight at Dynavax, nominates 4 directors

Life sciences investment firm Deep Track Capital is launching a board fight at Dynavax Technologies, pressing for new directors to prioritize the development

Investor Deep Track launches proxy fight at Dynavax, nominates 4 directors
Business|Finance|Stock Markets|US

Ackman says his plans for Howard Hughes won't impact how his portfolios invest

Billionaire investor Bill Ackman's plans to turn real estate company Howard Hughes Holdings into a diversified holding company will not impact how his

Ackman says his plans for Howard Hughes won't impact how his portfolios invest
Business|Economy|Finance|Stock Markets|US

Ancora demands U.S. Steel board records, ratchets up proxy fight

Activist investor Ancora Holdings is demanding access to records from U.S.

Ancora demands U.S. Steel board records, ratchets up proxy fight
Business|Finance|Stock Markets|US

Matthews announces governance changes as vote on boardroom fight looms

Matthews International on Friday announced a number of corporate governance changes aimed at pushing up the casket maker's stock price less than a week

Matthews announces governance changes as vote on boardroom fight looms
Business|Finance|Stock Markets|US

Glass Lewis backs all 3 Barington nominees in Matthews International fight

Proxy advisory firm Glass Lewis recommended that Matthews International shareholders elect all three of activist Barington Capital's director nominees to

Business|Economy|Finance|Political|Stock Markets|US

Third Point's Loeb expects favorable stock investment environment, letter says

Billionaire investor Daniel Loeb is betting 2025 will bring a more favorable stock investing environment despite the Trump administration's "unconventional"

Third Point's Loeb expects favorable stock investment environment, letter says
Business|Economy|Finance|Stock Markets|Technology

D.E. Shaw takes stake in bitcoin miner Riot Platforms, sources say

Investment firm D.E.

D.E. Shaw takes stake in bitcoin miner Riot Platforms, sources say
Business|Finance|Stock Markets|US

Mantle Ridge secures enough votes for board seats at Air Products, sources say

Activist investor Mantle Ridge has secured enough support from Air Products and Chemicals investors to win several seats on the industrial gases company's

Mantle Ridge secures enough votes for board seats at Air Products, sources say
Business|Finance|Stock Markets|US

Activist Ananym plans to launch proxy fight at Henry Schein, sources say

Activist investor Ananym Capital Management plans to nominate as many as half a dozen directors to the board at Henry Schein, arguing the dental and medical

Activist Ananym plans to launch proxy fight at Henry Schein, sources say
Business|Finance|Stock Markets|US

BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds

BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back

BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds

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