Callouts & quotes from 26,677+ activist slides

"Our social media analysis concludes that Olive Garden customers are less satisfied"

"Exciting growth potential: Fiscal 2014 SRG sales grew 25% compared to fiscal 2013."

"We believe Dow Jones is meaningfully undervalued at News Corp’s current valuation."

"Both strategies and private equity firms have been active acquirers of CRO assets."

"The Vaccine Mirage may confound investors about the ultimate impact from COVID-19."

"Pershing Square is bringing shareholders an important choice at the Annual Meeting"

"Add competence, leadership and experience to the board by voting for Michael Heim."

"The sense over there is, ‘I like the private plane and I don’t want to get fired.’"

"~74% of Val-gan's pro-forma 2014E sales will come from durable, growing cash flows"

"97% STI Avg Payout & 106% LTI Avg Payout(1) for 26% Relative TSR(2) Outperformance"

"We believe Starboard was influential in AECOM's successful business transformation"

"Detailed knowledge of executive compensation and succession and strategic planning"

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"Under Ms. Schnabel’s oversight, Versum created significant value for shareholders."

"5.9% of current repair and maintenance costs and 0.9% of other restaurant expenses"

"UNACCEPTABLE: Olive Garden's 8% alcohol sales is less than half of its competitors"

"Our social media analysis concludes that Olive Garden customers are less satisfied"

"Exciting growth potential: Fiscal 2014 SRG sales grew 25% compared to fiscal 2013."

"Spectra Energy (SE): Transformation from 'Utility' to Energy Infrastructure Player"

"3) Net recoverable resource potential assumes $90/BBL for oil and $5/MMBTU for gas"

"If we exclude $55 million of synergies, Firth Rixson earned only ~$80 mm of EBITDA"

"Several large portfolios of durable OTC products have been sold in the last decade"

"Smartphone-paired devices provide real-time monitoring, unlike the Zio XT/Monitor."

"Reprioritizing organic growth will increase the value of shareholders’ investment."

"BlackRock shareholders expect climate-competent, not climate-conflicted, directors"

"Both strategics and private equity firms have been active acquirers of CRO assets."

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"We Identify A Broad Range Of Accounting, Reporting And Board / Management Concerns"

"A majority of Antuit's senior executives departed Zebra in a little over one year."

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"BK only achieved $2.56 of cash EPS in 2014 (24% below 2009 targets, 5 years later)"

"BNY Mellon must deliver the lowest cost platform for the asset management business"

"A meaningful percentage of incentive compensation should be tied to these targets."

"To hit 2U's EBITDA range requires 480 students, not the 300 depicted by management"

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"We believe ALEX's fully owned development projects are worth roughly ~$294 million"

"この法人の法定代表者は近江麗佳(Omi Reika)氏であり、彼女はNNJ (NowNaw Japan) の代表取締役でもあり、同社の株式の90%を保有しています。"

"Elliott urges you to use the GOLD universal proxy card or voting instruction form."

"We believe investor skepticism towards management has created a mispriced security"

"GE improved industrial EBIT margins ~250 basis points since 2012 (to ~14% in 2014)"

"In reality, Ms. Xu’s involvement with NQ is not just overlap – it is entanglement."

"We estimate that about 80% of the comments on Wandoujia regarding NQ are negative."

"豊田自動織機の貸借対照表報告は、大規模な販売金融事業によって歪められている。当該事業はビジネスモデルにおいて銀行に類似しており、NAVにおいて別途考慮する必要がある"

"There is federal aid to alleviate some of the suffering, but none for bondholders."

"We believe Bristol-Myers has a potential opportunity to improve its gross margins."

"We believe Bristol-Myers may have an opportunity to consolidate its R&D facilities"

"Inflation has picked up, but seems to have leveled off and is forecast to decrease"

"Resulting Pro Forma McDonald's is a world-class real estate and franchise business"

"Spruce Point observes recent promotional activities around the Frigo Cheese brand."

"Operating margins have severely eroded despite a robust macroeconomic environment."

"FOUR Restructuring Plans Have Been Approved By The Board Over the Past Three Years"

"We believe the Company’s SG&A structure may benefit from greater decentralization."

"60%+ upside from current price before additional value from operational excellence"

"No Credible Midstream Investors Will Invest in Phillips Today Given the Volatility"

"CLAIM: ELLIOTT NOMINEES ARE WEAK REALITY: MISDIRECTION TO HIDE FROM ACCOUNTABILITY"

"Huntsman operates at a significant free cash flow conversion deficit to its peers."

"PeptiDream Has a Number of Peptide Discovery Competitors Who Are Far Surpassing It"

"The nearly 100bps excess spread relative to the cost of debt is historically wide."