Hints and tips:
...Involvement by an activist fund, Mantle Ridge, helped force the appointment of a new CEO, Rick Dreiling, a year ago. He had success running rival Dollar General....
...Enter Paul Draper, fresh from some experimental winemaking in Chile, where he’d done a stint in the Peace Corps....
...He replaces Greg Ruiz, who left the fund to join investment firm Jasper Ridge Partners....
...Marine and energy asset owner Atlas Corp has accepted an $11bn take-private offer from Poseidon Acquisition Corp, the investment vehicle backed by Atlas’s chair David Sokol....
...In early March, the retailer Dollar Tree nominated seven new directors including Paul Hilal, a former Pershing Square executive whose activist fund Mantle Ridge threatened a proxy fight....
...Cedar Ridge’s shipping costs have jumped from approximately $3,000 a container to $13,000. “It’s certainly affecting the cost of our product,” Quint said....
...Carrying a 20-kilo rucksack holding a knife, a first aid kit and a walkie-talkie, German Bellene, a burly Argentine guide, steps up on to a high ridge in the Parque Nacional Los Glaciers....
...Standing on a ridge in the Sierra Madre range in Carbon County, I look out....
...(Washington Post) News round-up Trader Anil Prasad to shut Silver Ridge hedge fund (FT) Nissan files $90m lawsuit against Carlos Ghosn (FT) Bunge writes down value of 2018 edible oil deal (FT) London...
...Newmont currently owns 25 per cent of Barrick’s Turquoise Ridge underground mine in Nevada. Turquoise Ridge has the highest grades of gold in the industry, according to Barrick....
...The idea surfaced in 2015 when Paul Stephens, a Peace Corps volunteer from Indiana, started mapping the existing paths in the Georgian Caucasus....
...He has also flagged that two mines under construction, Goldrush and Turquoise Ridge in Nevada, have the potential to become tier one gold mines....
...The machine, built by IBM for the Department of Energy’s Oak Ridge National Laboratory, has more than double the capacity of the current world leader, China’s Sunway TaihuLight....
...Alex McCaskey, a researcher at the US energy department’s Oak Ridge National Laboratory, compares the current state of the art to the first efforts to program classical computers in the 1950s and early 1960s...
...Mr Harrison was recruited to CSX by Mantle Ridge from Canadian Pacific Railway, with the activist hedge fund arguing that the management whiz would boost operating performance with his trademark “precision...
...Mr Harrison — who joined CSX earlier this year after being poached from Canadian Pacific Railway by activist hedge fund Mantle Ridge — died a few days later....
...Mr Harrison was recruited to CSX by activist hedge fund Mantle Ridge from his job running Canadian Pacific Railway....
...IBM is also working with Oak Ridge National Lab, the US centre of nuclear energy research, and Oxford and Keio universities to develop quantum applications....
...CSX is the largest railroad operator in the eastern US, and Mr Harrison had been poached from Canadian Pacific Railway by activist hedge fund Mantle Ridge earlier this year, snagging $84m up front to compensate...
...Mantle Ridge estimated his total compensation, apart from the reimbursement, at $68m over four years....
...Mr Harrison was recruited to CSX from Canadian Pacific by Mantle Ridge, a New York activist hedge fund that owns a 4.7 per cent stake of the company....
...Of that sum, $29m went to Mr Harrison and $55m to Mantle Ridge, the activist hedge fund backing him....
...Mr Harrison, a legendary railroad manager, joined CSX in March after he was recruited from his job running the Canadian Pacific railway by an activist hedge fund, Mantle Ridge....
...Mr Harrison joined CSX last month from Canadian Pacific, after CSX bowed to pressure from activist hedge fund Mantle Ridge....
...He, CSX and Mantle Ridge had been in talks to smooth over their differences. Those discussions also included how many board members Mantle Ridge would help select....
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