investors
Another Activist Pushes Forward Air to ‘Do the Right Thing,’ Pursue Sale
The logistics services provider reportedly has retained two unnamed investment banking firms to lead a sales…
UPS Misled Investors Over 2024 Guidance, Class Action Suit Alleges
A shareholder accused UPS of failing to disclose its inability to handle more low-profit volume, which led to…
Nike Shareholders Vote No on Labor Rights Proposal
It would have required the Just Do It firm to publish a report evaluating the impact that worker-led…
Activist Investor Calls for Forward Air to Consider Sale
Ancora, which owns a 4 percent stake in Forward, stated the case to the company's board that it would…
SEC Charges Former Trucking Execs Over $112 Million Ponzi Scheme
From 2021 to 2023, the defendants sold investments to public investors despite never being registered as…
Nike’s ‘Pattern of Ignoring Investor Concerns’ Sparks Stakeholder Action
A letter urging the sportswear giant to compensate Cambodian and Thai workers for pandemic-era wage theft has…
Exclusive: Early-Stage Startup Using AI for Visual Commerce Scores Pre-Seed Round
Flock AI announced it has secured $1.5 million in pre-seed funding for its deep learning and gen AI-powered…
Constructor Raises $25 Million for AI-Powered Search and Discovery
San Francisco-based startup Constructor secured its Series B round, which it plans to keep primarily in…
Forward Air Could Have More Activist Investor Drama on the Horizon
A WSJ report says Irenic Capital is calling for the logistics firm to conduct a strategic review of its…
Norfolk Southern Retains CEO Alan Shaw After Shareholder Vote, Ending Proxy Fight
Activist investor Ancora had three director nominees elected to Norfolk Southern's board, with chair Amy…
Norfolk Southern Accuses Activist Investor of Trying to ‘Buy Votes’ in Proxy Battle
Hedge fund Ancora Holdings signed a labor pact with a Teamsters division, but the rail company says it…
Gildan-Browning West Proxy Fight Headed Down to the Wire
Gildan & Browning West are entrenched in their respective positions, almost ensuring that board control will…
Exclusive: Eileen Fisher’s Virtual Try-On Partner Scores $7.5M
Paris' Veesual landed more than $7 million in seed funding to grow its team, up its technological…
Gildan Activist Sees Bangladesh, Honduras as Key Hubs
Gildan investor Browning West has a plan where Bangladesh is the low-cost, T-shirt hub and Honduras is the…
Macy’s Long-Term Value Options
Macy's could sell the company, some of its real estate, its Bluemercury or Bloomingdale's banners, or work on…