PG&E is facing crushing liabilities following deadly wildfires in 2017 and 2018 which killed dozens of people and destroyed thousands of homes. In a development that resolves a months long battle with activist shareholder BlueMountain Capital Management LLC, California utility… Read More ›
Activist shareholder Third Point has applied increasing pressure to provide better returns of investment to shareholders. On Friday, Swiss food group Nestle stated that it plans on cutting 400 jobs in France in support services and HQ functions. The cost… Read More ›
The move underscores Nestle’s desire to reshape its business to new consumer trends and healthcare as it finds ways to boost returns of investment to shareholders. On Monday, Nestle disclosed it has sold two of its tea brands in North… Read More ›
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