News by subject: SHA

Eileen P. Drake (the CEO of Aerojet Rocketdyne today issued the following statement addressing Executive Chairman and Conflicted Stockholder Warren Lichtenstein's recent commentary: "The claims in Mr. Lichtenstein's recent press release would be...

NexPoint Advisors, L.P., investment adviser to the NexPoint Diversified Real Estate Trust ("NXDT" and together with affiliated entities "NexPoint"), announced today that it submitted a letter to the Board of Trustees (the "Board") of United...

Eileen P. Drake (the CEO of Aerojet Rocketdyne ) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization today announced that they delivered a demand for a special meeting of stockholders to elect a new Board...

The Wendy's Company today issued the following statement regarding the Schedule 13D/A filed by Trian Fund Management, L.P. and certain of its affiliates with the Securities and Exchange Commission:...

Eileen P. Drake (the CEO of Aerojet Rocketdyne ) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") today announced that Egan Jones has recommended that stockholders consent to the...

FTE Networks, Inc. ("FTE" or the "Company"), today issued a shareholder update. The full text of the letter from interim CEO Michael P. Beys follows....

MoneyGram International, Inc. (the "Company"), a global leader in the evolution of digital P2P payments, today announced that stockholders overwhelmingly approved the transaction with affiliates of funds managed by Madison Dearborn Partners, LLC...

Eileen P. Drake (the CEO of Aerojet Rocketdyne ) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") filed a definitive solicitation statement with the Securities and Exchange Commission...

All Blue Capital ("AB"), a global investment firm, today announced that Siddhartha Mukherjee, MD, Associate Professor of...

Spirit Airlines, Inc. ("Spirit" or the "Company") today announced that its Board of Directors (the "Board"), after consultation with its outside financial and legal advisors, has unanimously determined...

Eileen Drake (the CEO of Aerojet Rocketdyne ) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") today announced that Institutional Shareholder Services ("ISS")  has recommended that...

Prescience Point Capital Management LLC ("Prescience Point"), a research-focused, catalyst-driven investment firm that beneficially...

McDonald's Corporation today issued the following statement in response to a report published by proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") on May 17, 2022, regarding the election of directors to McDonald's Board...

McDonald's Corporation today announced that leading proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that McDonald's shareholders vote on the WHITE proxy card FOR ALL of McDonald's director nominees in connection with...

Eileen Drake (the CEO of Aerojet Rocketdyne ) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization (the "Committee") today announced that Glass, Lewis & Co. has recommended that stockholders consent to the...

Eileen P. Drake, the CEO of Aerojet Rocketdyne Holdings, Inc. ("Aerojet Rocketdyne" or the "Company") issued the following statement: "I'm pleased the Company has finally released the findings from the Non-Management Committee's independent...

Expresses Disappointment in the Board's Failure to Articulate a Plan to Maximize Shareholder Value Amid Prolonged Product Development Efforts Despite the Company's Strong Cash Position Criticizes the Company's Dismal Efforts to Communicate with...

Eileen Drake (the CEO of Aerojet Rocketdyne ) and the other members of the Committee For Aerojet Rocketdyne Shareholders and Value Maximization today issued a comprehensive presentation that details the urgent need for...

Blue Ocean Structure Investment Company Ltd., together with its affiliates ("Blue Ocean"), is a significant shareholder of Global Cord Blood Corporation (the "Company") , owning over 79.5 million shares* of the Company, equivalent to approximately...

Starboard Value LP (together with its affiliates, "Starboard"), one of the largest stockholders of LivePerson, Inc. ("LivePerson" or the...

Legion has Received "Cease and Desist" Letter from Law Firm Representing Mr. Marciano ? In What Legion Believes is an Appalling Attempt to Silence a Significant Minority Shareholder Believes Corporate Resources are Being Used as Part of These Efforts...

Prescience Point Capital Management LLC ("Prescience Point"), a research-focused, catalyst-driven investment firm that beneficially owns approximately 6.7% of the outstanding common stock of MiMedx Group, Inc. ("MDXG" or the "Company") , today issued...

Eileen Drake (the CEO of Aerojet Rocketdyne ) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.) (three of its Independent Directors) today issued the following statement: "On April 5, 2022, Mr. Lichtenstein delivered notice to...

Eileen Drake (the CEO of Aerojet Rocketdyne ) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.) (three of its Independent Directors) today issued the following statement: "We are pleased that Executive Chairman Warren...

The Shareholder Commons, a not-for-profit organization that advocates for the fiduciary interests of diversified shareholders, today issued an open letter to Elon Musk in response to his agreement to acquire Twitter, Inc. for $54.20 per share....

The WindAcre Partnership LLC, together with its affiliates ("WindAcre"),  today announced that it intends to vote "against" Proposals 7, 8 and 9 (collectively, the "Equity Issuance Proposals") on the agenda for shareholder consideration at the...

Elliott Investment Management L.P. ("Elliott"), which manages funds that have an approximately $1 billion investment in Western Digital Corporation (the "Company" or "Western Digital"),...

Eileen Drake (the CEO of Aerojet Rocketdyne ) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.) (three of its Independent Directors) announced today that they have filed a definitive...

Over the last ten years, Kirkland's has generated approximately $300 million in operating cash flow or 3x the current market cap Over the last 20 years, Kirkland's has generated approximately $600 million in operating cash flow or 6x the current...

Elliott Investment Management L.P. ("Elliott"), which manages funds that have made an investment representing approximately a 3.4% economic interest in Suncor Energy Inc. (the "Company" or "Suncor"),1 today sent a...

Southern Empire Resources Corp. (Southern Empire; TSXV: SMP; Frankfurt: 5RE; OTCQB: SMPEF) is pleased to present an analysis of its first core drilling program, completed February 14, 2022, at the Pedro Gold Project, located in the Mapimí mineral...

Major items approved by today's Annual General Meeting include: A dividend of 1.86 SEK per share to be paid in two equal instalments of 0.93 SEK per share  Mandate to repurchase up to 10 percent of all shares in the Company   Withdrawal of 55,000,000...

Eileen P. Drake (Aerojet Rocketdyne's CEO), a member of the Committee for Aerojet Rocketdyne Shareholders and Value Maximization issued the following statement to set the record straight on a myriad of misleading and irresponsible statements set...

Abbott received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation (TRC) to purchase up to 1,000,000 Abbott common shares, representing approximately 0.06% of the company's outstanding shares. TRC's offer price of...

Neuberger Berman, a private, independent, employee-owned investment manager, announced the third year of its advance proxy voting disclosure initiative, NB Votes, whereby the firm will regularly disclose its voting intention and rationale on select...

Southwest Gas Holdings, Inc. ("Southwest Gas" or the "Company") today announced it is mailing a letter to its stockholders in connection with its upcoming Annual Meeting of Stockholders (the "Annual...

Eileen Drake (Aerojet Rocketdyne's CEO) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.) (three of its Independent Directors) today announced that they have filed preliminary solicitation materials with the Securities and...

Eileen Drake...

McDonald's Corporation today issued the following statement in response to Carl Icahn:  McDonald's cares about the health and welfare of the animals in our supply chain and has long led the industry with our animal welfare commitments. Our...

Led by The Shareholder Association of Research and Education (SHARE), a group of investors, representing US $2.7 trillion in assets under management, is urging Meta Platforms shareholders to support moves to establish an independent board of...

ISS and Glass Lewis Determine that Change is Needed at Guess and Cite Serious Risks to the Company from Marciano Brothers Remaining on the Board Glass Lewis Observes that Paul Marciano's Continued Presence at Guess "Paints a Picture that the [2018]...

Twitter, Inc. today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan"). The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter....

Legion Partners...

Enbridge will face a shareholder proposal at its annual general meeting on May 4 regarding the adequacy of its net zero plans. While the company claims to have a net zero strategy, the proposal asks for this to be "science based," with several...

Lucerne Capital Management, L.P. (Lucerne), a long-term shareholder of Just Eat Takeaway.com (the "Company"), disclosed how it intends to vote at the Company's Annual General Meeting (AGM),...

Cohen & Steers Capital Management, Inc, an affiliate of Cohen & Steers, Inc. released the following statement regarding Southwest Gas Holdings : As an investor in Southwest Gas Holdings ("SWX"), we are aware that IEP Utility Holdings LLC, a Delaware...

HPIL Holding , announces that it has filed complaint against GPL Ventures, LLC, Alexander Dillon and Cosmin Panait, seeking $16,000,000 for multiple alleged violations of Federal Securities and RICO Laws. Shareholders can review the complaint at this...

Believes the Company's Most Recent Presentation and Materials Fail to Address Reality Notes That Guess Does Not Deny Any of the Allegations of Sexual Harassment and Assault Against Paul Marciano Company's Statements that it "Takes Allegations of...

LivePerson, Inc. ("LivePerson" or the "Company"), a global leader in conversational AI, today issued the following statement:...

Southwest Gas Holdings, Inc. ("Southwest Gas" or the "Company") today announced it is mailing a letter to its stockholders in connection with its upcoming Annual Meeting of Stockholders (the "Annual Meeting"), scheduled for May 12, 2022. The Board...