Hints and tips:
...Dan Gallagher Chief legal officer, Robinhood Dan Gallagher aims to keep the legal team “lean and mean” at Robinhood, the no-fee online brokerage that he joined in 2020....
...Third Point point chief executive Dan Loeb told the Financial Times: “Mark is the rare leader . . . who understands both operations and capital allocation....
...(The documentary starring FT journalist Dan McCrum is out on Netflix now.)...
...And Jefferies to cover Schneider (hold)....
...But Nestlé still has an activist investor pressuring it to up the pace of change: Dan Loeb’s Third Point owns a 1.3 per cent stake....
...Dan Loeb’s Third Point, which has invested more than $3bn in the company for a 1.25 per cent stake, has urged Schneider to speed up disposals....
...Since taking over as chief executive, Schneider has undertaken a series of asset sales to get rid of slower-growing or peripheral businesses. Dan Loeb will be pleased....
...Nestle’s lacklustre results came after Mr Schneider bowed to pressure from Dan Loeb, the US activist investor, to jettison underperforming and non-core brands and return more cash to investors....
...Nestlé, the world’s biggest food group is shaking up its 14-member board by nominating three new independent directors, seven months after activist investor Dan Loeb, criticised the Swiss group as being...
...Despite the reputation of Nestlé’s newish chief executive, Ulf Mark Schneider, for dealmaking he is rightly cautious given the high valuations in the sector....
...Nestlé fights Loeb and changing consumer tastes Dan Loeb is getting impatient with Nestlé....
...Dan Loeb's Third Point Management, the hedge fund that recently bought in to Nestlé, also called on the company to dispose of its L'Oréal holding....
...Switzerland’s Nestlé has announced a share buyback programme worth up to SFr 20bn ($21bn), just days after US activist investor Dan Loeb revealed that his hedge fund Third point had accumulated a 1.25 per...
...These are (some of) the accusations levelled at the Swiss food group by Dan Loeb, the activist investor whose Third Point hedge fund has taken a $3.5bn stake in Nestlé. Is he right?...
...There must have been bemusement when Dan Loeb’s letter turned up in Vevey, home of Nestlé....
...Last month the Swiss group agreed to sell its US confectionery business to Italy’s Ferrero for $2.8bn, marking Nestlé chief Mark Schneider’s first big sale....
...Dan Loeb, founder and chief executive of Third Point, took a $3.5bn stake in the producer of KitKat chocolate and Nespresso coffee....
...Mark Schneider, Nestlé’s chief executive since January, has already announced a SFr20bn ($20.1bn) buyback and is under pressure to go further by setting a higher profit margin target at an investor day in...
...Reporting by Elaine Moore, Dan McCrum, Roger Blitz, Nicole Bullock and Anjli Raval...
...Now Nestlé is in the crosshairs of Dan Loeb, who is calling on the company to sell its 23 per cent stake in cosmetics maker L’Oréal, among other things. And DD hears that Danone may be next....
...“People don’t vote for vice-presidents and I can prove that with two words: Dan Quayle,” Mr Schneider said, referring to President George H.W....
...“Most of us get this paper energy bill and all we understand is how much we owe and where to send the cheque,” says Dan Reicher, director of energy and climate initiatives at Google....
...Lisa Dawn Schneider, a private dealer in American art, says: “They were the guys who had fantastic things, for which they paid fantastic prices....
...“I think you will see a collective sigh of relief across business,” said Ms Schneider at the Roundtable. Reports by Dan Roberts, Christopher Bowe and Paul Taylor in New York and Doug Cameron in Houston...
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