Auction of Nelson Mandela’s belongings suspended after outcry from South Africa heritage agency | Nelson Mandela
A planned auction of dozens of works of art belonging to Nelson Mandela has been suspended pending a court application for a permanent halt, a group that protects South Africa’s cultural heritage has announced. The online auction was launched on February 24 by the New York-based Guernsey auction house in collaboration with Dr. Makaziwe Mandela, […]
$3B Disney bet caused Nelson Peltz’s hedge fund to underperform in 2023: source
A $3 billion bet on Walt Disney by Nelson Peltz's Trian Fund Management was compared to the investment management firm's activist hedge fund, according to financial details provided to Reuters by Trian investors. This was the main reason for last year's poor performance. The previously unreported details illustrate the high financial stakes for Tryon as […]
DARREN NELSON: Here’s What It Will Take To Actually Solve America’s Debt Problem
Federal debt has recently reached yet another all-time high, reaching a staggering $34 trillion as of December 2023, driven by $1.7 trillion in revenue and spending deficits. It's true that deficits increase debt, but spending is the driving force. Despite what Democrats would like us to believe, the solution is not to raise taxes or […]
Nelson Peltz: Disney’s board has ‘self-inflicted’ wounds
Jeff Sica, founder of Circle Squared Alternative Investments, reveals Varney & Co.'s biggest Hollywood winners and losers in 2023. Activist shareholder Nelson Peltz urges shareholders to vote against entertainment giant Nelson Peltz adding another candidate to its board pushed by him and his hedge fund They're hitting back at Disney for what they asked for. […]
Activist investor Nelson Peltz calls for Disney to hit ‘Netflix-like’ streaming margins
Activist investor Nelson Peltz called on Disney to “target and achieve Netflix-like profits” and finalize a succession plan to replace CEO Bob Iger, according to a Thursday proxy filing. I swore that I would. Mr. Peltz has been feuding with Mr. Iger for more than a year, with the company's stock hitting a 10-year low, […]
Disney tells shareholders to reject Nelson Peltz, other activists’ nominees to board
Walt Disney Co. said Tuesday it “does not support” the activist nominee in a preliminary proxy statement filed with the Securities and Exchange Commission. Disney CEO Bob Iger said in a letter to investors that the company has embarked on an “unprecedented transformation,” revamping its leadership team and streamlining operations to improve cost efficiency. He […]
Islanders’ Noah Dobson, Bo Horvat, Brock Nelson snubbed for All-Star Game
St. Paul, Minn. — Noah Dobson, Bo Horvat and Brock Nelson were all strong candidates to play at All-Star Weekend in Toronto. However, none of the three will join Mathew Barzal, who was confirmed as the Islanders' only All-Star representative when the results of the fan vote were announced Saturday night. As a result of […]
Disney reaches info-sharing deal amid proxy battle from Nelson Peltz
Activist investment firm ValueAct Capital Management has agreed to support director nominees at an upcoming shareholder meeting as Walt Disney Co. seeks to fight off a proxy fight from Nelson Peltz. A press release shared with the Post on Wednesday said Disney shared confidential trade information with ValueAct and also communicated with the San Francisco-based […]