The advisory service backs a proposal by Third Point to add five of its nominees to the soup company’s board of directors.
Investor relations professionals should prepare for what's eventually inevitable: a reversion to the mean for stock prices.
Shares of the IT management software firm close 2.6% below their opening price.
After a quick boost, share prices tend to drop over the longer term for companies that quantify strong results in earnings-release headlines.
Global merger-and-acquisition volume dropped 35% in the third quarter, to $783 billion.
The requirement for publicly held companies in California will be phased in over the next two years.
Eleven other initial public offerings are expected to price this week, including three from China-based companies.
The dating app is also countersuing rival Match, which alleges Bumble copied Tinder's 'swipe left/swipe right' feature.
The rise of "crossover investors" — institutional investors that fund private start-ups — blurs the line between public and private companies.
Internal resistance to change — or mental momentum — can prevent companies from properly responding to new market economics.