The poor performance of recent spinoffs is creating an overly negative sentiment around any such deals, fund managers say.
Amid GE Pension Crisis, Welch & Immelt Should Pay Back Their $600 Million Golden Handshake
Nov 19, 2019
Both former CEO’s of General Electric Co. (NYSE: GE) should pay back their combined half-a-billion severance packages to restore their reputations. Jack Welsh was awarded $417 million dollars when he parachuted out of the company in 2001 and Jeff Immelt should do the same with the $211 million he took in 2017.
Furious John McAfee Slams Facebook’s Libra As An “Abomination”
Nov 5, 2019
Controversial fugitive John McAfee has launched an astonishing attack on Facebook’s planned cryptocurrency Libra by blasting it as an “abomination,” and he says it will give CEO Mark Zuckerberg never-before-seen domination over its users.
Bed Bath & Beyond Investors Set For Infinity As Activist Says Market Undervalues Company By Billions
Oct 29, 2019
The Beverly Hills-based activist who is spearheading the turnaround of Bed Bath & Beyond, Inc. (NASDAQ: BBBY) says investors can expect new highs as his plan to reinvigorate the struggling retailer gathers pace.
Mattel’s Time Is Running Out Amid Federal Securities Probe, And Not Even Barbie Can Save It
Oct 22, 2019
With its 75th birthday right around the corner in January, Mattel, Inc. (NASDAQ: MAT) faces one of the biggest crises of its life in a perfect storm that could spell game-over if a recession bites. The company, which unleashed the iconic Barbie brand to the world 60 years ago, is struggling with its $3 billion debt and is facing a probe as to whether it violated federal securities laws.
Why UK Discount Retailer Primark Should Spinoff To Unleash Real Value For Investors
It’s become an international brand giant with 373 stores in 12 countries and employing 75,000 staff, and this could just be the tip of the iceberg for Primark if the board of Associated British Foods Plc (LON: ABF) capitalize on its growth and decide to Spinoff the crown jewel segment.
US Defense Firms Will Strike It Rich Amid Saudi Oil Hit And Iranian 2020 Election Hack
At least three of America’s biggest defense companies stand to make fortunes for investors after US President Donald Trump ratcheted up war rhetoric and sanctions on the Iranian regime following the Saudi Aramco oil drone strikes last month.
Tire Companies Goodyear And Cooper Seem Ready For A Blowout As Market Declines Point To A Merger
It has all the hallmarks of the kind of special situation that encourages any activist investor worth their salt to get out of bed in the morning. The potential of a merger between the under-pressure American-based tire companies Goodyear (NASDAQ: GT) and Cooper (NYSE: CTB) should have sharks circling to take a bite out of them, says The Edge.
MSG Is Courting A Slam Dunk For Investors With Plans To Spinoff The Knicks And Rangers
He’s hated by the majority of New York sports fans and for good reason, but James Dolan knows exactly what he has in store for loyal followers of the Knicks and the Rangers. Most die-hards will do anything for their favorite teams, and that is exactly what Trump-supporting impresario Dolan is banking on with his plans to offer fans the chance to own them.
‘Champions League’ Hedge Fund Says Puma Spinoff Is Part Of Its 17 Percent Stellar Performance
In an exclusive interview with The Edge, 40-year-old Per Johansson (CIO and founder of Sweden’s Bodenholm Capital AB) keeps a piece of advice in mind that Charlie Munger of Berkshire Hathaway gave him 10 years ago when he is picking staff, and tells why Bodenholm is active in Spinoffs and spends a good proportion of their time researching them.