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Activism & Governance

Can Redfin Find Its Way to Profitability?

Redfin CEO Glenn Kelman says the real estate brokerage will post an operating profit this year. Headcount reductions are a good start, but there’s still plenty of work to do to stabilize troubling iBuying trends.

Governance Alert: FedEx

FedEx (FDX) is making some shareholder-friendly moves, including an over 50% dividend hike, adding two independent directors, and a TSR-based executive compensation metric. We applaud the changes, but now the real work begins. Can a new CEO and refreshed board improve margins?

5 Long-Tenured CEOs that Need to Turn Things Around

While COVID-related issues are abating, it’s no secret that many companies are still struggling to find their footing. We take a close-up look at 5 long-tenured CEOs (+ 1 co-CEO) that are facing big negative 3-year returns.

Founder Richard Schulze Bets Big on BBY Stock

Best Buy (BBY) founder and director Richard Schulze just bought almost $20 million in stock. Meanwhile, Target (TGT) lowers guidance again, citing excess inventory concerns.

SPAC & IPO Analysis

Daily SPAC Update – January 9, 2025

FutureTech II (FTII) Trust Overpayments Continue. Aimfinity Investment (AIMAU) Sets Extension Vote. Western Acquisition (WAVS) Extension Approved. Global Star (GLST) Deal Vote Set. RANG/RANGU Separate Trading on Jan 13.

Daily SPAC Update – January 7, 2025

Range Capital (RANGU) Over-Allotment Exercised. Finnovate Acquisition (FNVTF) Deal Vote Set. GrabAGun + CLBR Deal Announced. DTJ and Omeed Malik on Bartiromo.

Daily SPAC Update – January 6, 2025

Colombier II Deal with GrabAGun. Northern Start Investment II, III, and IV Dissolution Votes. Bannix (BNIX) Defers Obligations to Post Merger. Israel Acquisitions (ISRL) Extension Vote.

Daily SPAC Update – January 3, 2025

SUAC and AOGO SPAC Extensions Approved. Cartica (CITE) Acquisition Extension Vote. Chenghe Acquisition (LATG) Updates Trust & Forward Share Purchase Agreement.

Daily SPAC Update – December 20, 2024

Alphavest (ATMV) Extension Approved. ATMC, HSPO, IRAA Extension Votes Today. MITA Trust Update. CSLM Acquisition / fuse machines Investor Deck.

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