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.
Insight that Drives the Boardroom
Stay ahead with data-backed research, governance analysis, and expert commentary for investors, activists, and corporate leaders.
Activism & Governance
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.
ExxonMobil Hits First Record High in Eight Years
With ExxonMobil shares hitting a new 52-week high and “making more money than God,” according to President Joe Biden, we take a closer look at financials and governance.
Weekly Executive & Director Moves (June 10)
Therealreal (REAL) founder and CEO departs, and Hippo (HIPO) quickly has a change at CEO highlights this week’s exec moves.
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.
Cathie Wood buys Coinbase amidst heavy insider selling and sloppy cost controls.
As the market’s favorite contrarian Cathie Wood buys COIN on the dip, we take a look at performance and insider trading. Our take: a head-in-the-sand strategy does little to holster confidence. We continue to see more downside risk ahead and avoid COIN shares.
Weekly Executive & Director Moves (June 3)
Sheryl Sandberg stepping down as COO of Meta Platforms stole the spotlight. But, there was still a lot of movement as the markets moved into June.
Elon’s “super bad feeling” casts a shadow on Polestar debut
In a market where timing is everything, Polestar can’t seem to catch a break. Ahead of the long-awaited GGPI / Polestar merger vote on June 22nd, Elon Musk signals a hiring freeze and staff cuts– fueling concerns around China deliveries.
Razor-thin approvals: For Amazon shareholders, the conversation around pay, labor, and environment isn’t over
Narrow approval for Amazon’s compensation package, coupled with razor-thin approvals on environmental and worker safety proposals reveal a growing undercurrent of shareholder opposition. Momentum is building, which means for shareholders, this conversation is far from over.
SPAC & IPO Analysis
Daily SPAC Update – June 19, 2025
Bayview Extends with $21M Redeemed. Winvest Extends with Only $7K Redeemed. Eureka Acquisition Vote Postponed.
Daily SPAC Update – June 18, 2025
Two More SPAC IPOs: Pioneer Acquisition I $220M and Axiom Intelligence $175M. Five SPACs Set to Start Separate Trading. Goldstone and SLAM Extension Votes.
Daily SPAC Update – June 17, 2025
Goldman Back in SPACs. Four Leaf Acquisition (FORL) and Nabors Energy Transition II (NETD) Set Extension Votes. Armada Acquisition II (AACI) Separate Trading Announced.
Daily SPAC Update – June 16, 2025
Northview Acquisition Deal Approved with 52K Shares Redeemed. Winvest Extension Vote. Breeze Holdings Drops From OTC. Perimeter Acquisition Separate Trading.
Daily SPAC Update – June 13, 2025
Two New SPAC IPOs: BEST SPAC I and Blue Acquisition. Aetherium Acquisition Vote Postponed. New Providence III and Inflection Point III Separate Trading.
Daily SPAC Update – June 11, 2025
Globalink Investment Extends to December 2025. Finnovate Non-Reliance on Financials. Black Hawk and Breeze Extension Votes Set.
Daily SPAC Update – June 10, 2025
First SPAC IPO of June: Blue Water III Prices Upsized $220M. Iron Horse Deal Vote. Cantor Equity Updates on Bitcoin PIPE Wallet. SLAM Corrects Trust Numbers.
Daily SPAC Update – June 9, 2025
Quartzsea + Gaorkai Materials Deal. Northview + PROFUSA Deal Vote. Target Global Extension Vote. SLAM and WTMA Set Extension Votes.
Daily SPAC Update – June 6, 2025
Churchill IX Deal with Plus. Hennessey deSPACs to Namib Minerals. Distoken Deal with Youlife Approved ($7M redeemed). Flybondi Deal Terminated.
Daily SPAC Update – June 5, 2025
Blackhawk DeSPACs to World Media and Entertainment. Ares Acquisition II Updates Investor Deck. Renatus Tactical Separate Trading.