|Day Low/High||53.49 / 54.37|
|52 Wk Low/High||41.27 / 62.90|
Shareholder advisory firm Glass Lewis urged shareholders to vote for all four dissident directors nominated by Elliott Management's Paul Singer in a contest set for May 25
The fund raised concerns about a corporate transaction it alleges suggests Arconic (ARNC) traded corporate assets for votes
The activist engaged in a fight with Arconic says the former employer of its choice to be the firm's new CEO claims he is violating a noncompete agreement.
Board members affirmed their belief that CEO Klaus Kleinfeld is the man for the job, despite a looming proxy battle. But some of those directors could be easily swayed.
Arconic CEO Klaus Kleinfeld is not going down without a fight.
Activist Elliott Management's insurgency campaign's focus on replacing the aerospace component manufacturer's CEO, Klaus Kleinfeld, suggest that prospects for a settlement are extremely low.
These companies show signs of a change of direction.
The aerospace giant is sending a clear message that it is focused on the aftermarket.
The metal component manufacturer found itself in the crosshairs just days after being spun out of Alcoa. The company is undervalued, but also highly levered and with some activist protections.
GE Digital today announced that long-time GE (NYSE: GE) customer, Spirit AeroSystems (NYSE: SPR), embarked on a factory modernization initiative using a GE Brilliant Manufacturing solution.