22 hrs ago | Insider Monkey
Billionaire Paul Singer's Elliott Management Bought Hess Corp....
Elliott Management, a hedge fund managed by billionaire Paul Singer since its founding in 1977, has filed its 13F for the first quarter of 2013 .
UPDATE 2-Transocean chairman voted out, $2.24/shr dividend backed
Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling contractor.
Crista Huff: Stocks in the News: Google, Hess, Cisco Systems
Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC , a website that recommends outperforming stocks using fundamental and technical analysis.
Energy Stocks: Energy stocks inch lower, Hess among top losers
Energy stocks edged lower Thursday, with Hess Corp. among the top decliners as it ended a proxy fight with activist shareholder Elliott Management.
Hess and Elliott Reach Resolution to End Proxy Contest
Under the terms of the agreement, Elliott will withdraw its slate of five director nominees and support the election of Hess' five new directors: John Krenicki Jr., Fredric Reynolds, William Schrader, Kevin Meyers and Mark Williams.
Hess, Elliott reach deal on revamped board
Hess and Elliott Capital Management say they have reached an agreement that gives board seats to three people nominated by the activist hedge fund.
Anadarko's Walker Named Chairman as Hackett's Decade Reign Ends
As Anadarko Petroleum Corp. Chairman Jim Hackett steps down and heads off to Harvard Divinity School, Chief Executive Officer Al Walker's biggest challenge is convincing investors nothing will change at the $45 billion global oil explorer.
As part of a reorganization, Elliot wants five seats on the board, in addition to Hess' own picks.
Hess Corp's "Buy" Rating Reaffirmed at TheStreet
's stock had its "buy" rating reaffirmed by research analysts at TheStreet in a report released on Tuesday, Analyst Ratings Network reports.
Pieces on Hess Chess Board in Play
It is now Hess Corp.'s move in its chess game with investor Elliott Management Corp.
Activist Energy Investors Are Firing on All Cylinders
Several energy companies have come under the heavy scrutiny of activist investors over the past few months for a wide swath of reasons.
Understanding the Dark Side of Shareholder Activism
Shareholder activists are flexing their muscles with a new exuberance this proxy season, running more insurgent slates in proxy contests, stalking larger targets and enjoying a higher rate of success.
Two Sides Spar Ahead Of Hess Corp Annual Meeting
Corp. The company's annual meeting is coming up on Thursday in Houston, and shareholders are getting love letters from both sides of the season's best proxy war, with the back-and-forth heating up on Monday afternoon.
Transocean chairman to step down after Icahn attack
Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
UPDATE 1-Hedge fund nominees to Hess board forgo controversial pay scheme
An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a controversial pay package under which the fund will pay them extra if the oil and gas company outperforms its peers under their watch.
Hess Corp Upgraded to Overweight by Barclays Capital
The firm currently has a $86.00 price target on the stock, up from their previous price target of $82.00. HES has been the subject of a number of other recent research reports.
Mark Lamster: The 10 (make that 11) buildings that define Dallas
For both better and worse, it established the residential paradigm of this city: the single-family detached house.
Stocks rise for third week; records set
U.S. stocks rose Friday as Wall Street racked up a third week of record-setting gains while considering global monetary easing and as finance ministers started a two-day meeting.
Stocks rise as investors bet on more central bank stimulus
U.S. stocks rose, with the Standard & Poor's 500 Index poised for a third straight week of gains, as investors weighed the pace of central bank stimulus amid a meeting of finance ministers.
Hess to split roles of CEO and chairman
Creighton University Medical Center consistently charged the most among Nebraska and Iowa hospitals for common procedures listed in a federal database that's aimed at encouraging consumers to comparison shop.