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JANA Partners LLC
JANA Partners LLC ("JANA" or "JANA Partners") is an investment manager specializing in event-driven investing. It was founded in 2001 by Barry Rosenstein. JANA engages in traditional shareholder activism and socially responsible investing. History In the 1980s Barry Rosenstein worked with Asher Edelman. In 2001 Rosenstein founded JANA Partners. He began the firm in 2001 with $35 million, making it into a shareholder watchdog. Investment strategies Activist investing As an activist investor JANA Partners buys large numbers of shares in companies that it believes are underperforming, and then encourages the companies to make the changes JANA believes are needed to improve performance. The hedge fund has made activist investments in Apple Inc., Tiffany's, Whole Foods, ConAgra, PetSmart, Walgreens Boots Alliance, Apache, URS, Safeway, Ashland, Marathon Petroleum, McGraw Hill, CNET, and Kerr-McGee. In July 2014, JANA announced a 10% share in Petsmart, despite the compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management
Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerr-McGee
The Kerr-McGee Corporation, founded in 1929, was an American energy company involved in oil exploration, production of crude oil, natural gas, perchlorate and uranium mining and milling in various countries. On June 23, 2006, Anadarko Petroleum acquired Kerr-McGee in an all-cash transaction totaling $16.5 billion plus $2.6 billion in debt and all operations moved from their base in Oklahoma, United States. History The company later known as Kerr-McGee was founded in 1929 as Anderson & Kerr Drilling Company by Oklahoma businessman-politician Robert S. Kerr (1896-1963) and oil driller James L. Anderson. When Dean A. McGee (1904-1989), a former chief geologist for Phillips Petroleum, joined the firm in 1946, it changed its name to Kerr-McGee Oil Industries, Incorporated. The company initially focused mostly on off-shore oil exploration and production, being one of the first companies to use drillships in the Gulf of Mexico, and later one of the first companies to use a Spar type ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Management Companies Of The United States
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2001
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trudie Styler
Trudie Styler (born 6 January 1954) is an English actress and film producer. Early life and family Styler was born in Bromsgrove, Worcestershire, the daughter of Pauline and Harry Styler, a farmer and factory worker. When Styler was two years old, she was hit by a van. She received severe facial injuries that left her badly scarred and required several plastic surgery operations up until the age of 18. Her classmates nicknamed her "scarface", which caused her to feel for many years that she was "not a very attractive person". She attended North Bromsgrove High School, where one of her teachers was the singer-songwriter Clifford T. Ward. Acting career Styler trained at the Bristol Old Vic Theatre School and went on to appear in various period BBC productions. She joined the Royal Shakespeare Company, in which she played multiple major roles. Her theatre credits also include ''The Vagina Monologues'', ''Twin Spirits'', and ''The Seagull''. She has appeared in many British te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sting (musician)
Gordon Matthew Thomas Sumner (born 2 October 1951), known as Sting, is an English musician and actor. He was the frontman, songwriter and bassist for new wave rock band The Police from 1977 until their breakup in 1986. He launched a solo career in 1985 and has included elements of rock, jazz, reggae, classical, new-age, and worldbeat in his music. As a solo musician and a member of The Police, Sting has received 17 Grammy Awards: he won Song of the Year for " Every Breath You Take", three Brit Awards, including Best British Male Artist in 1994 and Outstanding Contribution in 2002, a Golden Globe, an Emmy, and four nominations for the Academy Award for Best Original Song. In 2019, he received a BMI Award for "Every Breath You Take" becoming the most-played song in radio history. In 2002, Sting received the Ivor Novello Award for Lifetime Achievement from the British Academy of Songwriters, Composers and Authors and was also inducted into the Songwriters Hall of Fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Screen Time
Screen time is the amount of time spent using a device with a screen such as a smartphone, computer, television, or video game console. The concept is under significant research with related concepts in digital media use and mental health. Screen time is correlated with mental and physical harm in child development. The positive or negative health effects of screen time are influenced by levels and content of exposure. To prevent harmful exposure to screen time, some governments have placed regulations on its usage. History Statistics The first electronic screen was the cathode ray tube (CRT), which was invented in 1897 and commercialized in 1922. CRT's were the most popular choice for display screens until the rise of liquid crystal displays (LCDs) in the early 2000s. Screens are now an essential part of entertainment, advertising, and information technologies. Since their popularization in 2007, smartphones have become ubiquitous in daily life. In 2019, 81% of American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CalSTRS
The California State Teachers' Retirement System (CalSTRS) provides retirement, disability and survivor benefits for California's 965,000 prekindergarten through community college educators and their families. CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency. As of September 2020, CalSTRS is the largest teachers' retirement fund in the United States. CalSTRS is also currently the eleventh largest public pension fund in the world. As of October 31, 2020, CalSTRS managed a portfolio worth $254.7 billion. Membership CalSTRS members, as of June 30, 2019, include employees of approximately 1,778 employers: * School districts * Community college districts * County offices of education * Regional occupational programs Teachers' Retirement Fund The Teachers' Retirement Fund is a special trust fund established by law that holds the assets of the following programs: * Defined Benefit * Defined Benefit Supplement * Cash Balanc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomin' Brands
Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered. History The company was founded in August 1988 as Multi-Venture Partners, Inc. in Florida by Tim Gannon, Bob Basham, and Chris Sullivan. In 1988 the first Outback Steakhouse was opened in Tampa, Florida. The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc. The Carrabba's Italian Grill was launched in 1993. The company's international expansion began with the first Outback Steakhouse to open in Canada. Revenues for the company exceed $1 billion for the first time. In 1998 the first units of Roy's Restaurant, Fleming's Prime Steakhouse & Wine Bar, and Lee Roy Selmon's open. Cheeseburger in Paradise was launched several years later in 2002. ''The Wall Street Journal'' reported on November 7, 2006, that Bain Capital, Catterton Partners an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pinnacle Foods
Pinnacle Foods, Inc., is a packaged foods company headquartered in Parsippany, New Jersey, that specializes in shelf-stable and frozen foods. The company became a subsidiary of Conagra Brands on October 26, 2018. History The company was founded in 1998 as "Vlasic Foods International", acquiring the Swanson TV dinners, Open Pit, and Vlasic Pickles brands from the Campbell Soup Company. Between 2001 and 2007 the spinoff of former Campbell Soup Company branded food lines was owned by the Metropoulos Group which named it Pinnacle Foods. In 2007, Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. In 2013, Pinnacle Foods' Parsippany office was named '' Inc. Magazine's'' "World's Coolest Office." That year, Pinnacle Foods had its IPO on the New York Stock Exchange, raising approximately $580 million for its owners, the private equity Blackstone Group. Shares began trading under the ticker symbol PF on April 4 at the upper range of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Lillie
James E. Lillie is an American business executive. He currently serves as Vice Chairman of Mariposa Capital, a private family office. Since 2017, he has been a member of the Board of Directors of Tiffany & Co., and he was named Co-Chairman of APi Group, Inc. in 2019. He served as CEO of Jarden Corp. from 2011 until its 2015 sale to Newell Brands. Lillie is long-term business partners with Martin E. Franklin and Ian G. H. Ashken. He has been a frequent guest and guest host on CNBC and Bloomberg TV. Background Lillie was born in Camden, New Jersey and lived in Pittsburgh, PA; Madison, Wisconsin; Nashville, TN; and in Valencia Spain and Mallorca Spain as a child since his father was an Oscar Mayer executive. As a teen, he lived in Valencia, Spain when his father was president of Oscar Mayer Europe and finished his senior year of high school there, even after his parents moved to Chicago. He returned to the US after high school and graduated from the University of Wisconsin in 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francesco Trapani
Francesco Trapani, (born 1957), is the former CEO of the Italian jeweler and luxury goods retailer Bulgari. Family relations Trapani is the son of a surgeon and Lia Bulgari. Lia Bulgari is the elder sister of Paolo Bulgari, the current Chairman of the Bulgari group. Lia and her three brothers - Paolo, Nicola and Gianni - are the grandchildren of Sotirio Bulgari, an Ottoman born Greek silversmith, who was the Bulgari group founder. Career Trapani took over the Bulgari group in 1984. He is credited with turning the company around into one of the more successful luxury jewellery brand. In 2001, he managed the Bulgari joint venture with Marriott International to open a set of Bulgari branded hotels, named Bulgari Hotels and Resorts. In 1995, Trapani oversaw the listing of Bulgari on the Milan Stock Exchange and SEAQ International in London. Francesco Trapani oversaw the sales and integration of Bulgari within LVMH, in 2011. Trapani replaced Philippe Pascal as the Head of Watches and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
