Callouts & quotes from 37,061+ activist slides

"Investors are concerned that this structure inherently carries the risk of poor capital allocation decisions as one business subsidizes the other"

"With Vanderbilt gone and UCSF/MGH next – three of the top centers in the US and globally, by case volumes and influence – it is game, set, match."

"The list of major transplant centers which have reduced, eliminated, or are on a path to terminate TransMedics usage is long and growing quickly."

"Hilton is in the early stages of a multi-year recovery which we believe will deliver long-term earnings meaningfully greater than pre-2020 levels"

"Agilent’s resilient results through the COVID crisis are demonstrative of its durable business model and significant margin expansion opportunity"

"The negative Vykat commentary is so obvious that parents are commenting on its prevalence, while a few die-hards are exasperated trying to defend"

"Wakix has a high discontinuation rate with half of patients quitting rapidly due to side effects or lack of efficacy – within “a couple of weeks”"

"This should further temper concluding that reduction in CSF histamine bioactivity is the principal arbiter of sleepiness in primary hypersomnias."

"Territory managers emphasized how aberrant the comp plan is – "different than any place that I’ve ever worked in my career...it’s kind of weird.""

"It looks like Kornit has abandoned its Latin America ambitions, having subsequently closed its Latin American office and the phone # not working!"

"The FTC – with access to Herbalife’s internal information and data – has independently confirmed all of the allegations of our investment thesis."

"We believe WUBA should have already incurred a massive impairment charge to its goodwill due to Ganji’s underperformance over the past few years."

"They need to be looking for commonality with existing COTS products. This constraint created a forced decision toward a gearbox out of necessity."

"Wall Street analysts estimated Adjusted EBITDA would be 30% BELOW the Company's initial 2018 Investor Day target even before the global pandemic."

"Compared Side By Side With Other Participants, PLTK Does Not Appear Cheap At All. In Fact, Just Based On Pure Valuation, We See Over 50% Downside"

"GreenPower’s major commercial relationship is with Green Commuter, a Southern California-based vanpool operator run by its CEO, Gustavo Ochiuzzo."

"It is through this obligation that the personal attribution of breaches committed within the structure managed by the executive becomes possible."

"One thing seems clear though: No good is likely to have come to Vivion investors from this seemingly unnecessarily complex chain of transactions."

"We took advantage of price declines at the beginning of the year to add to our position and believe QSR remains a compelling long-term investment"

"New Issue Ratings Moratorium. Prior to the date 60 days after the issuance of a new fixed income security, it shall be unlawful for any NRSRO to:"

"Intel's mask inspection group seems keen to save face and cover up that its massive investment in and sponsorship of Lasertec has been a debacle."

"Intel is not a cutting-edge company in this day and age by any means...so if Intel is giving out awards...it’s not even worth its weight in salt."

"Lasertec’s technology cannot support High NA – and its claims around the purported High NA capabilities of the “new” ACTIS A300 lack credibility."

"J.P. Morgan projects that global capacity utilization will rise gradually over the next seven years, as demand grows a little faster than supply."

"Just the dividend will return half the market cap or almost 10% per year... and that’s before you get to the additional shareholder returns part."

"I mean I never understand the concept where somebody who wants to find something out about you doesn't want to talk to you about it. — Udo Müller"

"“Where is MTV in the online music revolution?” one executive asks. “Where’s Nickelodeon in kids’ gaming? They should have been there.” — Deadline"

"The interim report published by Sino-Forest claims to exonerate the company, but that’s going too far, too soon. — Financial Times’ FT Alphaville"

"“On the one hand we’ve worked on profitable growth, organic growth, growth that I personally love a lot.” — Dr. Klaus Kleinfeld, November 4, 2015"

"“Did BP just implicitly downgrade its 2025 targets? We think BP may be preparing to formally drop its 2025 EBITDA target.” — HSBC Global Research"

"“When I went out there and saw what they were doing, I was shocked.” — Ex-senior executive of key competitor and longtime expert in Twist’s space"

"“When I went out there and saw what they were doing, I was shocked.” — Ex-senior executive of key competitor and longtime expert in Twist’s space"

"Agrium should be greeting [JANA's nominees] with open arms, rather than paying Morgan Stanley to fend them off — Credit Agricole / CLSA, 11/30/12"

""The Walt Disney Company has a proven track record of delivering long-term value to our shareholders..." — The Walt Disney Company, November 2023"

"Veronis Suhler Stevenson estimates consumer magazine advertising spending will grow at a compound annual growth rate of 6.4% from 2005 - 2009(a)."

"I was declined for a pre-approved credit card offer .... How is that possible?!?!?! — Customer service training materials cited in FTC complaint."

"高開口数のリソグラフィに使われる鏡は、大きさについても精度についてもユニークです。したがって、まったく新しいシステム設計を開発しました。 — Dr. Peter Kürz, Head of Field of Business High-NA-EUV lithography at ZEISS"

"「極端紫外線技術に着手するまでは、レーザーテックは高品質の装置を提供する優良の仕入れ先として定評がありました。......だからこそ、顧客は不満を抱き、失望しています。......極端紫外線仕様の検査装置によって、間違いなくブランド力を貶めています」 — グローバルファウンドリーズの元幹部"

"The distribution of dd-cfDNA was similar between patients with isolated CMR [TCMR] and no rejection. — Cedars-Sinai Medical Center study findings"

""The Company attributes the increased net sales primarily to the acquisition of 44 locations in the second half of 2016." — Weis' 2017 10-K, p.13"

"Real industry revenue is expected to decline at an average annual rate of 1.8% over the next 5 years — Entertainment Properties Trust commentary."

"Since fecal tests are most often used for general wellness exams, there is no need for a rapid result. One day turnaround is fine. — Veterinarian"

"Spinal Tap, the fictitious 1980’s rock band and Nevro parable, explains the science behind the company’s “high frequency“ spinal cord stimulator."

"“These deficiencies have resulted in serious injury to tens of thousands of patients” — Consumer group warning regarding spinal cord stimulators."

"You kind of want to manage it like you're in the dairy business. If it gets past its freshness date, you have a problem. — Tim Cook, on inventory"

""The Walt Disney Company has a proven track record of delivering long-term value to our shareholders..." — The Walt Disney Company, November 2023"

"I'm not saying that this is going to be a $1.2 billion award, but I am saying, it's going to be significant. — September 19th, 2023 Earnings Call"

"“A separate disclosure of realised and unrealised gains or losses from financial instruments classified as at FVPL is not required by IFRS.” — EY"

"the FDA had only “received about 40 reports of serious heart rhythm irregularities, evidently caused by Seldane, that led to eight deaths.” — FDA"

"Our one-year price target of $68 is based on a blended rate of 29.9x EV/EBITDA multiple of our FY20 EBITDA estimate of $123mn. — Imperial Capital"

"As of December 31, 2018, warrants to purchase 1,111,773 ordinary shares have been vested and are exercisable. — Kornit Digital Purchase Agreement"

"Thank you very much for your email. Please kindly inform us of your arrival and departure dates so that we may offer you the best available rate."

"Aroundtown reported Q1 2019 gains on sales of properties for €171 million “at a 34% profit margin over total cost...” — Aroundtown Q1 2019 Report"

"Noch besorgniserregender ist, dass sich der Abbruch-Button auf der Website manchmal auf eine leere Funktion bezieht, behauptet ein Reddit-Nutzer."

"According to the Turkish Gazette, Fintur declared 2014 dividends to the put option holder of SEK US$43.7 million (SEK 354 million). — Footnote 21"

"The sell-side analyst table reconciles to Ströer’s claimed 2014 and 2015 organic growth numbers; however, the reconciliation above is incorrect."

"Spruce Point is concerned that both co-founders, in addition to the Chief Business Officer, are currently selling stock through 10b5-1 programs."

"The bottom line from our fieldwork was that we found no evidence to contradict our view that MWH’s reported China sales are highly questionable."

"Herbalife’s restatement of “Active New Members” calls into question the company’s veracity and highlights its misleading statements to investors"

"Incumbent Board’s complete failure to hold CEO accountable led to a compensation scheme that is insulting to Campbell employees and shareholders"