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https://www.barrons.com/articles/suncor-energy-stock-activist-51651244485?mod=past_editions
Submission: On May 02 via api from CH — Scanned from DE
Submission: On May 02 via api from CH — Scanned from DE
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We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. CHROME SAFARI FIREFOX We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox Search News & Quotes Barron's TopicsStock PicksMagazineDataAdvisorPenta100 Years Subscribe Now |Sign In Barrons Elliott Management Pushes Suncor Energy for Changes Next: Big Tech Can’t Easily Fix the Stock Market’s Woes This Time * * * * Share This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/suncor-energy-stock-activist-51651244485 * Activist Investing * Power Play ELLIOTT MANAGEMENT PUSHES SUNCOR ENERGY FOR CHANGES * * * * -------------------------------------------------------------------------------- By Carleton English April 29, 2022 3:10 pm ET * Order Reprints * Print Article Activist hedge fund Elliott Management is pushing for big changes at Suncor Energy, claiming that the Canadian oil producer suffers from an “overly bureaucratic corporate culture.” In a letter to the board of Suncor (ticker: SU) Thursday, Elliott disclosed a 3.4% stake in the company and called on it to add five new independent directors to assist in a review of the company’s management structure. The... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- * Technology * Tech Trader BIG TECH CAN’T EASILY FIX THE STOCK MARKET’S WOES THIS TIME * * * * -------------------------------------------------------------------------------- By Eric J. Savitz Updated May 1, 2022 / Original April 29, 2022 * Order Reprints * Print Article Heading into the latest earnings season, there was optimism on Wall Street that the tech giants would save the day. No other companies seemed better positioned to deal with the myriad issues plaguing the financial markets. But it turns out not even the best firms on the planet can dodge the combined forces of rising interest rates, soaring inflation, supply shortages, war, and pandemic. Last week, the tech sector’s five most important companies all reported earnings, and the results were a decidedly mixed bag. There wasn’t... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- More from News Corp * Realtor.com Looking to buy your first home? You’ve come to the right place. * Wall Street Journal U.N. Chief in Ukraine to Meet Zelensky * Realtor.com Ready To Upgrade Your Seating Swagger? 5 Living Room Trends To Steal From Instagram * The New Rules of What It'll Truly Take To Save Up for a House Today * Wall Street Journal Stocks Close Higher After Tech-Led Selloff Close ELLIOTT MANAGEMENT PUSHES SUNCOR ENERGY FOR CHANGES Activist hedge fund Elliott Management is pushing for big changes at Suncor Energy, claiming that the Canadian oil producer suffers from an “overly bureaucratic corporate culture. From To Message SEND An error has occurred, please try again later. Thank you This article has been sent to Privacy Notice Cookie Notice Do Not Sell My Personal Information Copyright Policy Data Policy Accessibility Your Ad Choices Subscriber Agreement & Terms of Use Barron's Archive Corporate Subscriptions Manage Notifications Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. Barron's Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.