Bill Ackman believes that Proctor and Gamble (NYSE:PG) could trade for $ in two years versus the current share price of $ poor marketing support and ineffective pricing strategies has resulted in P&G in P&G (approximately ~1% of shares outstanding) with Bill Ackman agitating . investment in P&G, please refer to our full presentation which can be viewed at. Hedge fund titan Bill Ackman sets his sights on P&G’s CEO. time, this accounts for 25% of his time,” Ackman said during his presentation.

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The Sohn conference is known to produce wild stock gyrations, as investors rush to follow the bets that major hedge fund managers make for or against stocks. Discover a new stock idea each week for less than the cost of 1 trade.

Pershing Square Exits Two Big Wins: Procter & Gamble and GGP – MoneyBeat – WSJ

StupidStock Move of the Day! Never Miss A Story! Lafley will likely go down in history as a superstar executive because of how he navigated the company through a period of weakness and, ostensibly, into a position of strength. Seems a bit excessive, no? And Ackman thinks that may be more than a few too many. He’s been a vocal critic of the company’s management and its financial performance since disclosing his stake last year.

Ackman may ride Starbucks for a short while and then jump to another new idea, as he did with Nike recently.

We respect your privacy no spam ever. But he could become an agitator further down the road, pushing for management changes or a spinoff of the Chinese business once it has reached a healthy scale.

Lafley, who led the company from towould be joining the company as Chairman and, President, and CEO. Starbucks had been thought of as an activist target since May — Bernstein analyst Sara Senatore hosted a call on the subject that prlcter wrote proctre in our Half-Year Review. Where’s the drama on Wall Street? Subscribe to ValueWalk Newsletter.


Ackman also stayed silent on his big billion dollar short position in multilevel marketing firm Herbalife HLF. He didn’t specify, but said there are several quality internal and external candidates.

Q3 hedge fund letters, conference, scoops etc. Of course, the mockery is as unsurprising as the target. Markets shrug off China stimulus. Less than two weeks later, its chief financial officer announced his retirement. SodaStream pops on sale rumors. IBM caught up in Accenture rout.

Penney CEO out after troubled tenure. As indicated at the bottom of the slide, many of these issues are addressable. Investors spooked by China slowdown. Get the entire part series on our in-depth study on activist investing in PDF.

In June, it announced that it would accelerate efforts to gamb,e profitability and increased its dividend. This month alone General Electric and Perrigo, which have activists on their boards, changed their CEOs after 14 and nine months respectively. Currently, the company organizes its products into two broad divisions: When the company began assigning itself report cards in its annual reports inthe company outperformed or met its goals every year untilin the wake pressentation the financial crisis.

Should McDonald fail to turn things around quickly enough, who does Ackman think should step in? He deemed Level 3 to be a long-term consolidator in the industry. Less handily, the activist starts work at paint and specialty coatings company PPG at a disadvantage, revealing its stake just after the stock sold off on earnings.

Given how many companies have been targeted after an event-driven turn in the share price by activists desperate for value look to Symantec or Papa Johns for examplesit was only a matter of time before Starbucks got roasted. Herbalife reports record results. Sign up now for a free account. The new structure presentztion split products into four categories, but the composition of each is not yet clear, according to reports. He didn’t mention J. Yet backseat activists — riding changes led by others — can also bite.

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To view my watchlist Not bilo member yet? Nobody expected Starbucks to just sit around.

Pershing Square Exits Two Big Wins: Procter & Gamble and GGP

Ackman has been preesentation for bringing new leadership into his investments, though not all his moves turn out as planned. Each section would have a president that reported directly to Lafley. By the end ofshares had pretty much done nothing but trade sideways, and investors were beginning to put pressure on the ackmann to shake things up. Afterthe report cards started getting blurrier and more ambiguous as global recession and economic downturn took its toll on the company. It remains to be seen whether they will welcome Ackman more enthusiastically than in Still Ackman made it clear from those thinly veiled comments that he wants McDonald out.

Only one, Xerox, is a corporate board, he said. He said he’s willing to give McDonald two to three quarters to get the company in better shape. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Prior to joining CNNMoney, she covered venture capital and entrepreneurs for Forbes, and mergers and bankruptcy for Mergermarket and Debtwire, both divisions of the Financial Times.

Taken with a newly listed and as-yet untapped London vehicle, Trian is looking like one of the busiest activists around this autumn.