-
The Latest On Nelson Peltz And The Procter & Gamble Board Seat
Thursday, November 16, 2017 - 9:05am | 408Read More...Nelson Peltz initially lost a proxy campaign against Procter & Gamble Co (NYSE: PG), but a recount found he may have actually won by a slim margin. What You Need To Know Procter & Gamble's shareholders voted in October not to nominate Peltz to the company's board after a hotly...
-
What Is A 'Snake Pit' And Why Should Procter & Gamble Shareholders Care?
Monday, October 16, 2017 - 12:31pm | 315Read More...Many investors aren't familiar with the term "snake pit," but for Procter & Gamble Co (NYSE: PG) investors, this term will likely be mentioned often moving forward. A snake pit is used by participants in a proxy-fight battle to describe the process of investigating contested votes, CNBC...
-
Nelson Peltz Loses Prelim Procter & Gamble Board Vote
Tuesday, October 10, 2017 - 11:24am | 450Read More...Shares of Procter & Gamble Co (NYSE: PG) moved lower by more than 1 percent on heavy volume late Tuesday morning after preliminary results from a board election were released. Investors decided Tuesday not to appoint activist investor Nelson Peltz, whose fund owns a $3.5 billion stake to the...
-
Peltz's Activist Campaign Nears A Vote And Looking Favorable
Monday, October 9, 2017 - 9:52am | 430Read More...Activist investor Nelson Peltz's campaign against Procter & Gamble Co (NYSE: PG) will soon be decided by shareholders. Peltz made the case as to why he deserves a seat at P&G's board and the company responded with an opinion that the billionaire investor has nothing new or unique to bring...
-
A Global Consumer Staples Idea
Monday, October 2, 2017 - 11:22am | 525Read More...The U.S. consumer staples sector is modestly higher on a year-to-date basis, though the group trails the S&P 500 by a wide margin. However, with the group retreating from some recently elevated valuations, investors may want to consider exchange-traded funds offering a global approach to...
-
Procter & Gamble CEO: Nelson Peltz's Activist Campaign Is 'Very Dangerous'
Tuesday, September 12, 2017 - 10:45am | 452Read More...Billionaire investor and Procter & Gamble Co (NYSE: PG) shareholder Nelson Peltz made his activist campaign against the consumer products company public in a 93-page white paper report. The company almost immediately shut down the ideas presented by the activist investor, and on Monday, P&G...
-
Benzinga's Bulls And Bears For The Past Week: Disney, GE, Tesla And More
Saturday, September 9, 2017 - 4:50pm | 614Read More...Benzinga has featured a look at many investor favorite stocks over the past week. Bearish calls included an iconic industrial and a popular consumer products maker. Bullish calls featured a media giant and the leading EV producer. From the holiday last week to the hurricanes, forest fires and...
-
Here's Why Procter & Gamble Is Wrong In Pushing Peltz Away
Friday, September 8, 2017 - 1:21pm | 669Read More...Billionaire activist investor Nelson Peltz thinks Procter & Gamble Co (NYSE: PG)'s current business strategy is flawed, and he has the answers. But the company's management team disagrees and thinks that Peltz's massive 92-page white paper brings no new or credible ideas to the table. But P...
-
Procter & Gamble Responds To Trian's White Paper Proposal
Thursday, September 7, 2017 - 8:25am | 600Read More...Activist investor and Procter & Gamble Co (NYSE: PG) shareholder Nelson Peltz detailed his activist campaign against the consumer packaged giant Wednesday in a white paper presentation. Peltz's Trian Partners controls a $3.5 billion stake in P&G and made his desires to control a seat on...
-
Activists Gonna Activate: Hedge Funds Send Letters To Acorda, Taubman Centers Boards
Monday, August 7, 2017 - 2:41pm | 896Read More...Last week was big for activist investors, with Barington Capital Group and NuOrion Partners toppling Avon Products, Inc. (NYSE: AVP)’s CEO, Nelson Peltz and Bill Ackman forcing out Mondelez International Inc (NASDAQ: MDLZ)’s CEO, and Ackman’s Pershing Square inciting a drop in...
-
What Irene Rosenfeld Accomplished At Mondelez
Wednesday, August 2, 2017 - 2:10pm | 488Read More...Irene Rosenfeld's tenure as CEO of Mondelez International Inc (NASDAQ: MDLZ) has come to an end. The executive confirmed Wednesday she will step down as CEO in November and will give up her board of director seat next year. Rosenfeld was instrumental in Kraft's 2010 acquisition of UK-based Cadbury...
-
Peltz Says Procter & Gamble Suffers From A 'Suffocating Bureaucracy'
Monday, July 17, 2017 - 1:01pm | 354Read More...Activist investor Nelson Peltz has officially launched a proxy battle against Procter & Gamble Co (NYSE: PG) and his comments on Monday may lead some to conclude it won't be as hostile compared to other campaigns. For instance, Peltz acknowledged during a CNBC interview that P&G is a...
-
Nelson Peltz And Procter & Gamble: The Biggest Proxy Battle Ever
Monday, July 17, 2017 - 8:23am | 392Read More...Nelson Peltz's Trian Fund Management has declared a proxy war against Procter & Gamble Co (NYSE: PG), according to a report from The Wall Street Journal. Peltz, an activist investor and co-founder of Trian, also owns $3.3 billion worth of P&G stock and is looking to gain representation...
-
Cramer's Quick Thoughts On Under Armour, Procter & Gamble
Tuesday, June 13, 2017 - 2:20pm | 422Read More...CNBC's Jim Cramer is keeping a very close eye on Procter & Gamble Co (NYSE: PG) in anticipation of "fireworks" in the stock. Nelson Peltz's Trian Fund Management is likely "very happy" with the recent CEO changes at one of its core holdings, General Electric Company...
-
Could An Ouster Of Mondelez's Irene Rosenfeld Mean A Deal For Buffett's Berkshire?
Saturday, April 22, 2017 - 11:39am | 914Read More...On April 9, the Wall Street Journal reported, quoting sources, Mondelez International Inc (NASDAQ: MDLZ) is seeking to replace its CEO Irene Rosenfeld. Does a potential exit by Rosenfeld mean more power for billionaire investor Warren Buffett, with whom Rosenfeld had run-ins in the past? Update...















