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Elon Musk offers to pay $100 to Wisconsin voters who sign a petition against ‘activist judges’

Elon Musk’s America PAC is offering registered voters in Wisconsin $100 each if they sign a petition against “activist judges who impose their own views.” Those payments come as another Musk-backed group is spending heavily in the state ahead of a Wisconsin Supreme court race. At the same time, The Washington Post reports Musk has … Read more

Syrian rights activist Ribal al-Assad condemns Europe for supporting new Islamist regime

Syrian human rights activist Ribal al-Assad tore into Europe for lifting sanctions against the nation’s new “terrorist” regime, which he warned is no better than his first cousin, ousted leader Bashar al-Assad.  After days of bloodshed, Syria’s interim president, Ahmed al-Sharaa, leader of the forces that overthrew Assad, Hayat Tahrir al-Sham (HTS), on Thursday signed … Read more

Activist Spectrum has a stake in Landis+Gyr, and it may be poised to build value

Landis+Gyr Group AG’s residential and commercial FOCUS electric meter installation.  Landis+Gyr Group AG Company: Landis+Gyr Group AG (LAND-CH) Business: Landis+Gyr Group is a Switzerland-based company primarily engaged in the electrical components and equipment manufacturing business. It specializes in metering solutions for electricity, gas, heat/cold and water for energy measurement solutions for utilities. Landis+Gyr product portfolio … Read more

Kenvue settles proxy fight with activist Starboard, adding three directors

Kenvue settled its proxy fight with activist Starboard Value, adding three new directors to its board. Starboard’s Jeff Smith will join the board of the Johnson & Johnson spinoff, along with Sarah Hofstetter, president of Profitero, an e-commerce performance analytics platform, and Erica Mann, former head of pharmaceutical company Bayer’s consumer health division. “Sarah’s brand … Read more

Activist Elliott calls for a three-pronged approach to streamline Phillips 66

The Phillips 66 Los Angeles Refinery Wilmington Plant stands on November 28, 2022 in Wilmington, California.  Mario Tama | Getty Images Company: Phillips 66 (PSX) Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment provides crude oil … Read more

Activist hedge fund Elliott builds stake in struggling BP

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Activist hedge fund Elliott Management has built a stake in struggling UK oil major BP, according to two people with knowledge of the move. The exact size of Elliott’s stake could not be … Read more

Starboard takes a stake in Qorvo. How the activist may help improve margins

Qorvo logo of a US semiconductor company is seen displayed on a smartphone and pc screen. Sopa Images | Lightrocket | Getty Images Company: Qorvo Inc (QRVO) Business: Qorvo is a global supplier of semiconductor solutions. The company operates through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG) and Advanced Cellular Group … Read more

Irenic takes a position at KBR. How the activist may improve shareholder value

KBR headquarters in Houston, TX. Courtesy: KBR Company: KBR Inc (KBR) Business: KBR provides scientific, technology and engineering solutions to governments and companies around the world. The company operates through two segments: Government Solutions and Sustainable Technology Solutions. Its Government Solutions (GS) business segment provides full life-cycle support solutions to defense, intelligence, space, aviation and … Read more

Qorvo Inc. Sees Boost from Activist Investor: What’s Behind the Surge?

Today, I want to talk about a stock that’s making headlines with its impressive gains – Qorvo Inc. (QRVO). This semiconductor solutions provider has seen its shares jump by 9.82% today alone, marking one of the biggest percentage increases on the board. As we dig into what’s driving this surge, it becomes clear that activist … Read more

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