Activist investor Elliott takes Southwest fight to shareholders, nominates eight directors

Activist investor Elliott takes Southwest fight to shareholders, nominates eight directors

Elliott Investment Management is taking its fight with Southwest Airlines to investors by calling for a special shareholder meeting where they can vote on new director candidates who would ultimately steer company strategy. In calling for the meeting, Elliott is taking a highly unusual step but one it has telegraphed for weeks after concluding recent changes … Read more

Starbucks shares jump after Elliot Investment Management buys big stake in coffee giant

Starbucks shares jump after Elliot Investment Management buys big stake in coffee giant

Activist investor Elliott Investment Management has reportedly built a sizable position in Starbucks — sending the coffee chain’s stock soaring late in Friday’s trading day. Elliott has reportedly been pushing Starbucks – which has faced criticism over long wait times – to find new ways to boost its stock price, according to the the Wall … Read more