Third Point

Nestlé Chairman Defends Long-Term Strategy In Face Of Shareholder Activist

Nestlé SA chairman Paul Bulcke said on Friday he would not pursue short-term efforts at the expense of long-term success, in the face of scrutiny fr...

Campbell Soup First Quarter Profit Beats Estimates As Shares Jump

Campbell Soup Co on Tuesday reported a smaller-than-expected decline in quarterly earnings, boosting shares of the soup maker a week before its proxy showd...

Departure Of Asia Chief Martello Overshadows Nestlé's Sales Rise

Nestle's highly regarded Asia chief Wan Ling Martello is leaving the world's largest packaged food company, taking the shine off the faster sales growth ov...

Campbell Heirs To Vote For Own Board, Third Point Calls Move A 'Stunt'

Campbell Soup Co said on Wednesday that four key shareholders, all descendants of the company's former chairman John Dorrance, have formally aligned themse...

Third Point 'Demands' Campbell Soup Board Records

Activist investor Daniel Loeb's hedge fund Third Point LLC has demanded access to a trove of records from Campbell Soup Co, ranging from board meeting minu...

Campbell Soup Steps Up CEO Search, COO A Contender

Campbell Soup Co's board is drawing up a list of CEO candidates, with Chief Operating Officer Luca Mignini emerging as the top internal contender, as the c...

Third Point Prepares To Call For Campbell Soup Sale: Sources

Daniel Loeb's activist hedge fund Third Point LLC is in talks to partner with Campbell Soup Co shareholder George Strawbridge to call for a sale of the U.S...

Nestlé Expecting Better Second Half To Keep Third Point At Bay

Food giant Nestlé said it expects an improvement in sales and profitability in the second half of 2018 as it seeks to assuage activist shareholder T...

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