BA Daily Read: Can Shutterstock Save Itself?

BA Daily Read: Can Shutterstock Save Itself?

Shutterstock CEO abruptly departs, insiders are dumping stock. Does this board have any new ideas or is everyone abandoning ship? SSTK CEO departs abruptly. Stan Pavlovsky, CEO of licensed content provider Shutterstock (SSTK) has resigned, effective May 3, to pursue...

Activist Alert: Western Digital

Amidst slowing consumer storage growth, Elliott wants to divest the company’s Flash business Elliott sends letter to Western Digital. Elliott, which holds a 6% stake in Western Digital (WDC), sent a letter to the company calling for a strategic review and...