Callouts & quotes from 26,677+ activist slides

"Investment Servicing division is a clear leader in a fast growing and attractive industry"

"This tactic illustrates serious capital allocation and governance deficiencies at Agrium."

"Huntsman's long-term shareholders have suffered significant share price underperformance."

"Huntsman's long-term shareholders have suffered significant share price underperformance."

"Newly added directors added over the last four years ALL lack relevant industry expertise"

"We believe the Board ignored obvious interconnects among its most long-tenured directors."

"Turner Networks is expected to contribute the largest share of revenue and OIBDA in 2005."

"HSD penetration at TWC is expected to grow from 48% in 2006 to approximately 64% in 2009."

"The following factors were considered in assessing the optimal capital structure for AOL:"

"This analysis yielded an implied enterprise value range for AOL of $17.5 - $21.0 billion."

"Over 52% exposure to verticals that an industry peer said had advertiser spending decline"

"Dr. Ignarro is cited more than 100 times in Herbalife's SEC filings since the IPO in 2004"

"Rule 5-C: Must ensure the interior of the Club is not visible, by use of window coverings"

"Your vote is always confidential and anonymous, regardless of where your shares are held."

"Current investors are paying a substantial premium to the Company’s historical valuation."

"And there is no price worth paying for a shitty company regardless of how cheap it looks."

"We believe there are virtually no synergies between Architectural and Industrial coatings"

"We Believe Mailchimp is an Inherently Weaker Business Than QuickBooks and Lacks Synergies"

"The FTC believes Intuit has "engaged in or [is] engaging in deceptive or unfair conduct"."

"We believe Starbucks’ recent challenges are fixable with appropriate management execution"

"Spruce Point warns about DraftKings / Genius Sports And Expectations Being Too Aggressive"

"The large degree of MBS funding differentiates the U.S. from other large mortgage markets"

"We believe a restructuring of Fannie and Freddie should occur in three consecutive phases"

"「よく見ることです。粗利益率を守りたいために、貸借対照表で在庫に対して引当金を設けなくて、減損処理を行わないこと。残念ながらこの分野ではよく見ることです。能動的な利益操作です」。"

"In other words, in the population of protocol biopsies at CU, AlloSure had a 0% hit rate."

"Red Lobster's negative SSS would adversely weigh on management's new compensation program"

"Management is either confused regarding Darden's covenants or is misleading shareholders."

"We believe that times of stress are where you see what a Company and its CEO are made of."

"Ultimately, Fairfax is paying a ~100% premium to the undisturbed price of Gulf Insurance."

"The compensation peer group is designed to justify, not evaluate, this plan, in our view."

"Our plan will deliver at least an additional $30/share of value to all Yahoo shareholders"

"Our plan will deliver at least an additional $30/share of value to all Yahoo shareholders"

"DFRL Assets: The total assets as at 12/31/2016 match the changed total of Rmb 144,048,170"

"Absent this one-off contribution, we estimate CTV revenue would have declined by 16% YoY."

"Does Fox (Rollins) have an advantage here when all its competitors use the same software?"

"Core CEO David Demshur knows this, and he’s happy to tell you where oil prices are going."

"$1.5 Billion appears to be a decent premium to S&P Capital IQ's valuation based on comps."

"Understanding a planning permission should not be an exercise in metadata detective work."

"Salesforce generated the lowest incremental adjusted operating margins among its peer set"

"An OpCo / PropCo analysis suggests the stock could be worth between $40 and $54 per share"

"Below are properties listed on Realty Income’s website (www.realtyincome.com) as for sale"

"We believe investors should push back on management's statements about more transparency."

"Target owns the highest percentage of its real estate compared to other big box retailers"

"The following transaction assumptions were used for an illustrative 01/01/09 transaction:"

"Flexible lease structure will allow Target Corp to retain control of its brand and stores"

"We estimate that in aggregate, Huishan inflated farm CapEx by as much as RMB 1.6 billion."

"[Phillips 66] is saying, ‘The stock’s fully valued’…We obviously have a different vision."

"After years of aversion to change, the Company’s strategy and operations are now outdated"

"The company’s business is primarily in the outside of the hospital, or ambulatory market."

"Heska's Valuation Is Irrational: Our Normalized Analysis Suggests 50% - 60% Downside Risk"

"Eurofins’ capex as a percentage of revenue is an outlier among its publicly traded peers."

"We find this troubling as high volume implanters drive 90% of the SCS industry's revenue."

"花王に必要なのは、中核ブランドに焦点を合わせ、信頼できるマーケティング・ブランディング・販売戦略に基づき、一貫性のある海外戦略を策定し、意欲的な成長を実現・推進できる経営陣です。"

"In our humble opinion, BP's interpretation of EN-3 constitutes a clear "abuse of rights.""

"It makes us wonder if Bayer has any drugs in the pipeline to treat inappropriate yawning."

"Disney loses billions in streaming while growth moderates, highlighting flaws in strategy"

"This retroactive adjustment allowed the Viteks to cream an additional €52.1 million cash."

"What good could have come to CPI PG's outside investors from this series of transactions?"

"The large degree of MBS funding differentiates the U.S. from other large mortgage markets"

"We believe a restructuring of Fannie and Freddie should occur in three consecutive phases"