Silver as an investment

Category Archives: Nelson Peltz

Proctor & Gamble Concedes Proxy Fight, Names Nelson Peltz To Board

Two months after narrowly losing a proxy vote that would have granted him a seat on Proctor & Gamble’s board, Trian’s Nelson Peltz has somehow managed to win a crucial battle in the largest and most expensive corporate proxy battle in modern history. To wit, the consumer-products giant announced Friday that it would add Peltz […]

P&G Stock Slumps As Peltz Loses Proxy Fight; Trian Demands Recount

Procter & Gamble stock price is sliding, down over 2%, following news that Trian’s Nelson Peltz has lost his fight to be elected to the board. The largest and most expensive corporate proxy battle came to an end Tuesday with Procter & Gamble successfully fending off a campaign by the financier Nelson Peltz for a […]

DuPont Stock Soars After CEO Quits And Company Slashes H2 EPS Guidance By Nearly 50%

Several months ago activist Nelson Peltz may lost his proxy fight against DuPont, but in retrospect he may be counting his lucky stars as moments ago the company became only the latest chemical giant to admit the gruesome reality of the global economic slump driven by a historic USD surge, when it not only cut […]

Frontrunning: October 5

MOAR: Euro-Area Growth Seen Slowing in Sign More Stimulus May Be Ahead (BBG) MOAR: Japan’s wage growth slows in August, keeping pressure on BOJ for more stimulus (Reuters) MOAR: Stocks, Copper, Emerging Markets Jump as Fed Delay on Rates Seen (BBG) And yet… Central Banks Lose Bond-Market Credibility as Woes Mount (BBG) World Bank cuts […]

Frontrunning: August 21

No End in Sight for Oil Glut (WSJ) Dozens of Clinton emails were classified from the start, U.S. rules suggest (Reuters) China August Manufacturing Activity Hits Lowest Level Since 2009 (WSJ) German Manufacturing Strengthens as Economy Shifts Up a Gear (BBG) Israel responds to rocket attack with protest and air strikes (FT) ASX carnage: 2015 […]

Market Manipulation 101 – Buy $5.5Bn of a Stock, Tell People You Did It

Market Manipulation 101 – Buy $5.5Bn of a Stock, Tell People You Did It By Phil Davis at Phil’s Stock World Congratulations to Bill Ackman!   Desperately needing a win after getting crushed on his Herbalife (HLF) short battle with Carl Ichan, Ackman had a $1Bn shortfall to cover (allegedly) in his Pershing Square Fund so […]

Is This Why Hillary Clinton Just Went Nuclear On Short-Term Capital Gains Tax?

In her second economic speech as a Presidential candidate, Hillary Clinton is set to take on the “tyranny of the next earnings report,” a nod to the destructive myopia and pervasive foolishness that dominates the collective mindstate of corporate management teams in the post-crisis world.  Make no mistake, we are no fan of manipulated earnings. […]

Frontrunning: May 14

Amtrak train in Philadelphia wreck was traveling at twice speed limit (Reuters) The engineer has no recollection of the crash and “no explanation” for what happened (WSJ) Taliban claim attack on Afghan guesthouse that killed 14 (Reuters) Chicago’s Junk Rating From Moody’s Puzzles Investors (BBG) House votes to end spy agencies’ bulk collection of phone […]

Dow Fires 1,750 After Boosting Share Buyback Program To $10 Billion

Several months ago we showed that in the aftermath of its brush with vocal activists such as Dan Loeb and Nelson Peltz, Dow Chemical did everything it could to push its stock price as high as it possibly could go. It did this in the simplest of ways: by buying back its own stock. In […]

Frontrunning: April 28

Maryland Governor Calls in National Guard to Control Baltimore Riots (BBG) Fed Seen Delaying Liftoff to September to Push Down Unemployment (BBG) Nepal PM says toll could rise to 10,000 (Reuters) China Readies Fresh Easing to Tackle Specter of Debt (WSJ) ‘Damned Lies’ Threaten to Overshadow U.K. GDP in Election Fight (BBG) Uncertainty Over Impact […]