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United Kingdom

Svea Herbst-Bayliss

Exclusive: Jana liquidates two hedge funds, to focus only on activism

15 Jan 2019

NEW YORK Jana Partners LLC, founded by Barry Rosenstein, is shutting down two stock-picking hedge funds following losses and will focus instead on its main strategy of investing in a handful of companies and pushing management to improve their performance.

Proxy advisory firm ISS backs two dissident nominees in Luby's fight

14 Jan 2019

NEW YORK Proxy advisory firm Institutional Shareholder Services is recommending that shareholders elect two dissident nominees at Luby's Inc after the current board oversaw "alarming underperformance" at the casual dining chain.

UPDATE 1-Proxy advisory firm ISS backs two dissident nominees in Luby's fight

14 Jan 2019

NEW YORK, Jan 14 Proxy advisory firm Institutional Shareholder Services is recommending that shareholders elect two dissident nominees at Luby's Inc after the current board oversaw "alarming underperformance" at the casual dining chain.

Citigroup allows hedge fund ValueAct more access

11 Jan 2019

NEW YORK Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist hedge fund are deepening their relationship roughly a year after ValueAct first invested in Citi.

Citigroup allows hedge fund ValueAct more access

11 Jan 2019

NEW YORK, Jan 11 Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist investing firm are deepening their relationship roughly a year after ValueAct first invested in Citi.

Third time may be a charm as Jeff Vinik relaunches hedge fund

10 Jan 2019

NEW YORK Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm Vinik Asset Management after sitting out the last six years.

Third time may be a charm as Jeff Vinik relaunches hedge fund

10 Jan 2019

NEW YORK, Jan 10 Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm Vinik Asset Management after sitting out the last six years.

Starboard building stake in MGM Resorts: sources

10 Jan 2019

Activist hedge fund Starboard Value LP is building a stake in MGM Resorts , two people familiar with the matter said on Thursday, as the U.S. hotel and casino operator comes under investor scrutiny over its profit targets.

Luby's calls hedge fund's nominees unqualified as contest heats up

08 Jan 2019

BOSTON Luby's Inc on Tuesday hit back at criticisms from a long-time investor that wants to shake up the casual dining chain's board by questioning the qualifications of the hedge fund's director nominees.

Luby's calls hedge fund's nominees unqualified as contest heats up

08 Jan 2019

BOSTON, Jan 8 Luby's Inc on Tuesday hit back at criticisms from a long-time investor that wants to shake up the casual dining chain's board by questioning the qualifications of the hedge fund's director nominees.

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