Peltz

Source: money.cnn.com --- 15 days ago
The job description for a corporate raider is simple: Buy stock in mismanaged companies, and then growl at them until management pays you a lot of money to go away - or you make management go away. Brand reinvention is usually not part of a raider's attack plan, unless you're Nelson Peltz. Peltz, 66, spends hours wandering supermarkets, malls, and fast-food restaurants with his ten children (ages 5 to 45) to get investing ideas, which he later chews over with partners Peter May and son-in-law Ed Garden, who together run Trian, a hedge fund founded in 2005. According to people familiar with the fund, Trian now has more than $5 billion under management, including investments in companies such as Heinz, Wendy's, and Tiffany. ...

Source: www.bloggingbuyouts.com --- 7 days ago
Filed under: Activist investing When you look at the work of 13-D wielding activist investors, you usually find the following demands repeating themselves over and over: Try to sell the company to a private equity firm or strategic buyer. Buy back stock and/or pay a dividend. Get rid of the current management and/or board of directors. The frequency of these requests has given many activists a reputation -- in my opinion largely undeserved -- as short-term oriented paper shufflers looking to pump up the stock price and move on. Then there's Nelson Peltz, who focuses on that governance-oriented stuff too but is also unique in that he makes very specific comments about marketing: Wendy's isn't playing up its freshness in its advertising, Heinz's ketchup packets weren't good, Tiffany's was too focused on gifts, etc. This fascinating piece in Fortune looks at the investment methodology of this restaurant and branding expert. Unfortunately, Mr. Peltz's publicly-traded company, Triarc (NYSE: TRY ), has been a poor performer of late. But if you're sold on his ideas, it just might be a good time to take a look.   Read  |  Permalink  |  Email this  |  Linking Blogs  |  Comments ...

Source: nynw.net --- 17 days ago
Well, since no one else is going to bring this up, I’ll do it. There’s an article out on NYDailynews.com, that slightly announces his departure from ‘Today in New York.’ Meanwhile, Michael Gargiulo (above), who filled in for recently departed Rob Morrison on Ch. 4’s morning newscast, is expected to get the job permanently. If it is true, [...] ...

Source: de.biz.yahoo.com --- 68 days ago
Börse Go - Seattle  (BoerseGo.de) - Starbucks - lange Zeit bei den Anlegern in Ungnade - kann sich momentan der schlechten Stimmung an der Wall Street entziehen. Die Cafékette, die zuletzt unter steigendem Wettbewerb (etwa durch McDonald´s) und der benzinpreisbedingten Verbraucherflaute litt, profitiert heute von der Meldung, dass der aktivistische Finanzinvestor Nelson Peltz über seine Gesellschaft Trian Partners daran eine Beteiligung erworben hat. ...

Source: www.ncbi.nlm.nih.gov --- 31 days ago
Related Articles Plasminogen alleles influence susceptibility to invasive aspergillosis. PLoS Genet. 2008 Jun;4(6):e1000101 Authors: Zaas AK, Liao G, Chien JW, Weinberg C, Shore D, Giles SS, Marr KA, Usuka J, Burch LH, Perera L, Perfect JR, Peltz G, Schwartz DA Invasive aspergillosis (IA) is a common and life-threatening infection in immunocompromised individuals. A number of environmental and epidemiologic risk factors for developing IA have been identified. However, genetic factors that affect risk for developing IA have not been clearly identified. We report that host genetic differences influence outcome following establishment of pulmonary aspergillosis in an exogenously immune suppressed mouse model. Computational haplotype-based genetic analysis indicated that genetic variation within the biologically plausible positional candidate gene plasminogen (Plg; Gene ID 18855) correlated with murine outcome. There was a single nonsynonymous coding change (Gly110Ser) where the minor allele was found in all of the susceptible strains, but not in the resistant strains. A nonsynonymous single nucleotide polymorphism (Asp472Asn) was also identified in the human homolog (PLG; Gene ID 5340). An association study within a cohort of 236 allogeneic hematopoietic stem cell transplant (HSCT) recipients revealed that alleles at this SNP significantly affected the risk of developing IA after HSCT. Furthermore, we demonstrated that plasminogen directl ...

Source: www.ncbi.nlm.nih.gov --- 11 days ago
Persistent activation of an innate immune response translates respiratory viral infection into chronic lung disease. Nat Med. 2008 Jun;14(6):633-40 Authors: Kim EY, Battaile JT, Patel AC, You Y, Agapov E, Grayson MH, Benoit LA, Byers DE, Alevy Y, Tucker J, Swanson S, Tidwell R, Tyner JW, Morton JD, Castro M, Polineni D, Patterson GA, Schwendener RA, Allard JD, Peltz G, Holtzman MJ To understand the pathogenesis of chronic inflammatory disease, we analyzed an experimental mouse model of chronic lung disease with pathology that resembles asthma and chronic obstructive pulmonary disease (COPD) in humans. In this model, chronic lung disease develops after an infection with a common type of respiratory virus is cleared to only trace levels of noninfectious virus. Chronic inflammatory disease is generally thought to depend on an altered adaptive immune response. However, here we find that this type of disease arises independently of an adaptive immune response and is driven instead by interleukin-13 produced by macrophages that have been stimulated by CD1d-dependent T cell receptor-invariant natural killer T (NKT) cells. This innate immune axis is also activated in the lungs of humans with chronic airway disease due to asthma or COPD. These findings provide new insight into the pathogenesis of chronic inflammatory disease with the discovery that the transition from respiratory viral infection into chronic lung disease requires persistent ac ...

Source: online.wsj.com --- 68 days ago
Nelson Peltz disclosed his investment arm has a stake in Starbucks, putting more pressure on CEO Schultz. Starbucks gained 6.1% Friday. ...

Source: community.marketwatch.com --- 67 days ago
Starbucks shareholders, meet Nelson Peltz. ...

Source: blogs.jsonline.com --- 29 days ago
Here are some of the art events opening and closing this week: OPENING: Richard Bolingbroke and Imari bowls, two complimentary shows, at Villa Terrace Museum of Decorative Arts on Tuesday. 2008 Arts Studio Tours in Door County at the Francis Hardy Center for the Arts on Friday. "Under Surveillance" at John Michael Kohler Arts Center on Sunday. CLOSING: Plein Air Youth Quick Paint Competition at the Cedarburg City Hall on Thursday. "Urban Perspectives" at Katie Gingrass Gallery on Saturday. "The Cuckoo Then, on Evert Tree: Three Artists Celebrate Spring, " at Portrait Society Gallery on Saturday. "Professional Dimensions" at the Museum of Wisconsin Art on Sunday. "Ringmaster: Judy Onofrio and the Art of the Circus" at Chazen Art Museum on Sunday. "One From Wisconsin: Flora Langois" at the Museum of Wisconsin Art on Sunday. "Warrington Colescott: Crossing Bourbon - New Orleans Paintings and Prints" at Peltz Gallery on Sunday. ...

Source: blogs.jsonline.com --- 36 days ago
OPENING: Brian Andreas show at Milwaukee Street Gallery on Tuesday. Plein Air Youth Quick Paint Competition at the Cedarburg City Hall on Wednesday. "Reality to Fantasy" at St. John's on the Lake on Thursday. Susan Lukas photography show at Uihlein Peters Gallery on Thursday. "Landscapism" at Armoury Gallery on Friday. Amy Arnston and Bruce Severson at the Watrous Gallery at the Overture Center in Madison on Friday. Lakefront Festival of the Arts at Milwaukee Art Museum on Friday "A Beautiful Child" at Linden Gallery in Ellison Bay on Sunday. CLOSING: 67th Annual Milwaukee Area Teachers of Art Exhibition at 100 East Building on Friday. Warrington Colescott at Peltz Gallery on Saturday. "Age of Armor" at the Woodson Art Museum on Sunday. Lakefront Festival of the Arts at Milwaukee Art Museum on Sunday. "Peculiar Creatures, Charming Beasts" at Spackle Gallery on Sunday. ...

Source: blogs.jsonline.com --- 2 days ago
Well, I came in this morning to listen to the messages left on the Art City phone line over the weekend, readers sharing their picks for Gallery Night & Day, which is this weekend. What fun! Here, according to your messages so far, are the most popular galleries to visit this weekend: 1. The Armoury Gallery, 2. Paper Boat Boutique & Gallery and 3. Peltz Gallery. There's still time to contribute. But you've got to do it today. Here's what to do: 1. Email me ( mschumacher@journalsentinel.com ) with an image (jpeg) of yourself. 2. Call the Art City phone line (414-223-5175) no later than 6 p.m. today, with a message that goes something like: "Hi, this is (your name) and I think a great show(s) to see this Gallery Night & Day is (name the shows) because (tell us why!)." Some quick rules: If you're organizing a show or in one, tell us about something that another gallery is up to. Have fun with it, please. Be relatively quick. Like a minute or so. We'll create a web page where readers can click on your face and hear your message, and we may run some of your responses in the paper on Thursday, too. For all of you who called and sent pix already -- my thanks. Your voices add a lot to our coverage of this event. ...

Source: www.boursier.com --- 68 days ago
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Source: clipmarks.com --- 68 days ago
clipped by: Andrew Farrell clipper's remarks: Ethanol, rising fuel costs, and increasing demand from the developing countries have all conspired to jack up ingredient costs for food chains. That's made some investors wary but not Nelson Peltz. Worth noting since Peltz has proven his savvy in investing in this sector time and again. Clip Source: www.forbes.com Starbucks Corp. shares rose Friday after billionaire investor Nelson Peltz disclosed that his investment fund bought a stake in the specialty coffee retailer. In a filing with the Securities and Exchange Commission Thursday, Peltz's Trian Fund reported it purchased 842,070 shares as of March 31. According to a May 5 regulatory filing, Starbucks ( nasdaq : SBUX - news - people ) has about 728 million shares outstanding, Trian's stake represents about one tenth of 1 percent of the company's shares. Peltz, who also owns a stake in Wendy's International Inc. (nyse: WEN - news - people ), Cheesecake Factory Inc. (nasdaq: CAKE - news - people ) and Kraft Foods Inc. (nyse: KFT - news - people ), is known for buying shares in companies and then agitating for big changes. Peltz pushed Wendy's, for example, to spin off its Tim Hortons coffee-and-dou ...

Source: network.nationalpost.com --- 68 days ago
Billionaire Nelson Peltz recently made news after his Triarc, which owns Arby's, wolfed down the Wendy's hamburger chain. Now he's taken a taste of Starbucks , and the markets are wondering whether the coffee empire will be his next conquest. Shares of the coffee chain have been struggling, with shares ( SBUX/Nasdaq ) down about 40% over the past 12 months. News of the Peltz interest sparked a 3% pop in the stock on Friday. Could it be that Peltz has a turnaround plan percolating in the back of his mind? Consumer are his forté, after all. In addition to Arby's and Wendy's, Peltz holds board seats with H.J. Heinz Co. and Kraft Foods, and has forced Cadbury Schweppes to spin off its soda unit. Actually, a takeover would be a long shot — at least for now. Trian disclosed ownership of 898,500 Starbucks shares in a March 31 regulatory filing. That amounts to just 0.1% of Starbucks' float. Drew Hasselback  ...

Source: www.bleacherreport.com --- 28 days ago
Redneck Sport The sun is burning into my skin on a hot April day in 2006.  The smell and pieces of tire rubber are aimlessly floating through the air.  I have been sitting on this metal bench for 334 laps, and I beginning to get antsy.  My eyes have been glued to the number 9 car since lap one.  The scanner is set to his frequency.  “WOO, good job boys!” comes over the scanner from Kasey Kahne.    My driver just won the Samsung 500 at Texas Motor Speedway, and my love for NASCAR and the number 9 grew even more that day.    “NASCAR is the fastest growing sport in America.”  I have heard this statement on the TV, in the newspaper, and in magazines, but I’ve never understood why other than the fast speed, the wrecks, and the competition (not to mention the tail gate parties before and after the race).  What could possibly attract so many fans to such a redneck sport?   NASCAR can credit its fast growing popularity to its contracts with Fox, TNT, Speed, ESPN, and ESPN 2.  Due to gas prices, more fans stay home to watch the races, and “television ratings are edged higher this year” (Peltz, Jim). Watching the race at home is nothing compared to actually being at the track, but advances in television and technology work towards giving you the feeling and experience of being at the track.  “Internationally, NASCAR races are broadcast in over 150 countries.”  (Wikipedia)  The coveted redneck sport has expanded into the white collar world. ...

Source: www.bloggingbuyouts.com --- 66 days ago
Filed under: Activist investing Shares of Starbucks (NASDAQ: SBUX ) were up more than 6% on Friday after Nelson Peltz disclosed a stake of less than 1% in the company. The Wall Street Journal reports that "John Glass, an analyst at Morgan Stanley, said Mr. Peltz could urge Starbucks to cut spending and use more licensing or franchising in opening locations. The money saved from that could go to buying back shares or a larger dividend for shareholders." Perhaps. He very well could urge Starbucks to do that -- but take a quick look at the chart for the company that Mr. Peltz is chairman of -- Triarc (NYSE: TRY ). The stock closed at $6.69 on Friday, after beginning 2007 at more than $20 per share. And how's the corporate governance over there? One company that engaged in a proxy fight with him blasted him with this : Triarc received a corporate governance rating of 21.5, exceeding only 21.5% of all companies in the S&P SmallCap 600 and ranking it in the bottom quartile. Separately, Corporate Library gave Triarc an 'F' on overall board effectiveness -- the lowest possible rating. Most likely Peltz's stake is a nonissue and will lead to no changes. I certainly don't buy that it's a good reason for the stock to add more than half a billion dollars to its market cap in a single day.   Permalink  |  Email this  |  Linking Blogs  |  Comments ...

Source: www.bevnet.com --- 64 days ago
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Source: www.secondsout.com --- 4 days ago
By Jason Pribila at ringside: Boxing returned to Philadelphia on Friday Night as Peltz Boxing and Joe Hand Promotions presented a seven fight card from the New Alhambra. The main event of the evening featured two undefeated featherweights, as Teon “The Technician” Kennedy was set to defend his home turf against Washington DC’s Thomas “KO” Snow. ...

Source: www.fiercebiotech.com --- 4 days ago
PTC Therapeutics has been on a roll over the last few months. But the biotech hit a loud bump when the New York Times featured the story of one mother's legal fight to gain access to PTC124 for her son, who suffers from Duchenne muscular dystrophy. PTC just inked a $437 million deal with Genzyme  for PTC124, which has demonstrated promising results for treating a segment of the Duchenne MD population. Cheri Gunvalson says that the experimental therapy is her son's last and best hope. But PTC isn't providing the therapy to anyone who isn't in the clinical trial and the boy, who can no longer walk, isn't eligible. Gunvalson is asking for access as part of a compassionate use approach that a number of drug developers have in place, but PTC CEO Stuart Peltz has said that there's been too little experience with the mid-stage therapy to provide it outside of a trial. The Times notes that for many people an experimental drug is their only hope. But the Abigail Alliance for Better Access to Developmental Drugs took their case for broader access to experimental cancer therapies to court last year-- and lost . - read the article in the New York Times Related Articles: Abigail Alliance v. Von Eschenbach: A closer look PTC inks $437M pact with Genzyme PTC gets $25M drug development award PTC Therapeutics gets the Forbes treatment Genetic therapy could cure 1,800 diseases ...