China Stocks Still Smart Despite Housing Scare

Directors who sit on two boards in the same industry make good activist targets - and they can get in trouble when M&A opportunities arise.

The fund's founder, Jim Mitarotonda, said he was still "deeply committed" to its investment in the woman's clothing retailer.

Glass Lewis followed Institutional Shareholder Services' recommendation that investors oppose two dissident director candidates nominated by insurgent fund Barington Capital.

Sycamore began a strategic review of Jones New York's intellectual property in January as it shuttered the unit's retail and wholesale operations.