Activist Elliott slams Southwest CEO Bob Jordan as shares soar 7%
Activist hedge fund Elliott Investment Management said Thursday that Southwest Airlines' Bob Jordan is to blame for Southwest Airlines' financial woes, hours after the struggling airline raised its profit and revenue outlook. He accused him of being the CEO. Elliott, led by billionaire Paul Singer, reaffirmed its intention to call a special meeting to remove […]
Sam Elliott in pro-Harris ad: 'Are we really going back down that same f—ing broken road?'
Actor Sam Elliott, known for his deep, resonant voice, is calling on Americans to support Vice President Harris' presidential bid in a new ad. release The Lincoln Project Monday. The minute-long ad, narrated by a famous Western actor, is titled “Choose Change,” and reflects Harris' attempt to present herself as a candidate of change in […]
Nike stock surges as CEO Elliott Hill tries to rally the troops
Wall Street cheered sneaker giant Nike's move this week to oust Chief Executive Officer John Donahoe, sending the company's shares soaring more than 8% after struggling over the past year amid sluggish sales. The stock price surge comes as longtime Nike executive Elliot Hill, who left the popular sportswear brand in 2020 but returned as […]
Cowboys signing Jets bust Dalvin Cook to pair with Ezekiel Elliott
As the 2024 NFL season approaches, the Cowboys have added a former Pro Bowl player to their team. Running back Dalvin Cook is set to sign with Dallas after playing for the Jets and Ravens last season, multiple reports reported Wednesday. The 29-year-old visited with the Cowboys earlier this week and is reportedly expected to […]
Activist investor Elliott doubles down on Southwest proxy fight
Activist hedge fund Elliott Investment Management has stepped up its calls for management changes at Southwest Airlines in a letter to shareholders. Elliott, led by billionaire investor Paul Singer, has earned a reputation for its sometimes aggressive approach to turning around struggling companies. The company recently played a key role in the ousting of Starbucks […]
Activist investor Elliott pushes to grab control of Southwest Airlines board
Activist hedge fund Elliott Investment Management has launched a fight to take control of Southwest Airlines’ board of directors in an effort to oust the airline’s CEO and turn around the airline’s performance, the company said. Elliott is seeking to replace 10 of the 15 directors, intensifying a proxy fight over who should lead the […]
Shiba Inu Howling at the Moon; Expert Argues Elliott Wave to Take SHIB Towards $0.0001 – The Crypto Basic
A well-known chart analyst predicts that Shiba Inu is on the brink of a surge, with its value potentially surpassing its all-time high and rising into the $0.0001 range. Shiba Inu It has clearly lagged behind the bullish frenzy that has rocked the meme coin market over the past few days. At the time of […]
World needs economic stability after a tough few years, but if Trump wins we’re unlikely to get it | Larry Elliott
ohPolls taken over the weekend suggest that Donald Trump’s narrow escape from an assassination attempt in Pennsylvania has increased his chances of returning to the White House. Until now, little attention has been paid to how Trump 2.0 will affect the US and global economies. But that will now change. What the world needs is […]
Activist investor Elliott threatens Southwest with board fight
Activist investor Elliott Investment Management warned Monday of a possible proxy fight to force changes in management at low-cost carrier Southwest Airlines. in Letter to Southwest’s Board of DirectorsElliott said it was open to cooperation but planned to “move expeditiously to engage shareholders directly to provide input on any necessary management changes.” Elliott, known for […]
Southwest Airlines CEO says no plans to step down despite pressure from activist Elliott
See what’s clicking on FoxBusiness.com Southwest Airlines CEO Bob Jordan said Wednesday he has no plans to resign, despite pressure from activist Elliott Investment Management. Jordan, who has been the company’s CEO since February 2022, made the comments on Wednesday while speaking to reporters following an industry event. Jordan has faced sharp criticism from Elliott, […]