Contrarian Corpus
Phrase library

Callouts & quotes from 10,384+ activist slides

Every emphasised callout and every pulled quote, extracted slide-by-slide. Search by keyword, filter by slide type or by source.

Showing 6001–6060 of 10,384
quote villain critique

"“if you have hyperglycemia and diabetes, and you have edema and heart failure, and I do believe there were a couple of patients hospitalized with heart failure just to reduce appetite, it may not be a risk worth taking.” — Ex-Soleno employee #1"

Soleno Therapeutics · SLNO Scorpion Capital · p. 231
quote villain critique

"“the drug and the disease are not compatible, so don’t try it based on the physiology of the drug and the lack of that physiology that works normally in the patient.” — Trial investigator and physician; one of the leading KOL’s in the PWS field"

Soleno Therapeutics · SLNO Scorpion Capital · p. 285
quote ceo quote

"Over 25% of Distributors reach the rank of Supervisor and above (“Leader”), qualifying them for additional compensation which is paid by Herbalife based upon the sales production of those they have sponsored directly and indirectly. — Herbalife"

Herbalife Ltd. · HLF Pershing Square · p. 186
quote demand list

"Phillips 66’s (NYSE: PSX) CEOs reaped an eye-popping $140M from 2020-2024—despite ongoing stock and operating underperformance and missed cost targets. Why are shareholders footing the bill for big CEO paydays in the face of lackluster returns?"

Phillips 66 · PSX Elliott Management · p. 9
quote villain critique

"reconstitute itself and upgrade the Company's leadership such that it can objectively assess the best path forward for Southwest's shareholders, employees, and customers. We believe this process needs to commence immediately. — Artisan Partners"

Southwest Airlines · LUV Elliott Management · p. 72
quote ceo quote

"Anytime you can sell a volume of MDI on a rail car basis on a long-term fixed contract basis, that's going to be something we like. So not everything has to go through a system house... — Peter Huntsman, Chairman, President & CEO, December 2019"

Huntsman Corporation · HUN Starboard Value · p. 213
quote villain critique

"Согласно Постановлению Правительства РФ от 27.10.2025 г. № 1668 заселение в гостиницу производится при предъявлении оригинала внутреннего паспорта / заграничного паспорта гражданина РФ, либо (с 01.01.2026) оригинала водительского удостоверения."

Accor SA · AC Grizzly Research · p. 85
quote villain critique

"Warning: Why Are Charges From 2015/16 Restructuring Programs Suddenly Ignored? Per the 2015 10-K: Charges From 2015/16 Were Expected “To Continue Through 2016 and be substantially complete by 2016” – Not 2018! — Spruce Point Capital Management"

Avery Dennison Corporation · AVY Spruce Point Capital · p. 73
quote ceo quote

""We have paid dividends consecutively for 76 years, and our Board of Directors recognizes the value that our common shareholders place on both our historical payment record and on our future anticipated dividend payments" — Essential Utilities"

Essential Utilities, Inc. · WTRG Spruce Point Capital · p. 69
quote villain critique

"The investment in PR-NA Industries, which has a negative net equity of Euro 1.5m and for which there is no legal or statutory obligation to recapitalize, had already been fully written down in previous years. — 2020 PR Industrial S.R.L Filings"

Generac Holdings, Inc. · GNRC Spruce Point Capital · p. 74
quote transition

"As a former Director of Operations for a leading casual dining chain put it, franchising gives a corporation dozens of R&D departments, all directly connected to the customer on a daily basis, rather than one R&D department stuck at corporate."

Darden Restaurants, Inc. · DRI Starboard Value · p. 251
quote villain critique

"“Only, it wasn't clear VW had validated Quantumscape's cells” — Steve LeVine. “Again, VW seemed to be backing away from any concrete assurances about when or if QuantumScape's material will find itself into a VW Group vehicle.” — Steve LeVine."

QuantumScape · QS Scorpion Capital · p. 37
quote villain critique

"Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration we expect to receive in exchange for those products or services. — PowerSchool Revenue Recognition Policy"

PowerSchool Holdings, Inc. · PWSC Spruce Point Capital · p. 77
quote transition

"As a former Director of Operations for a leading casual dining chain put it, franchising gives a corporation dozens of R&D departments, all directly connected to the customer on a daily basis, rather than one R&D department stuck at corporate."

Darden Restaurants, Inc. · DRI Starboard Value · p. 251
quote executive summary

"Zebra describes its Chief Accounting Officer (“CAO”) as comfortable operating in “gray areas” and “willing to tailor accounting practices to business processes versus having to re-engineer business processes.” — Spruce Point Capital Management"

Zebra Technologies Corp. · ZBRA Spruce Point Capital · p. 6
quote villain critique

"On November 21, 2019, the Company purchased 1,000 shares of SCP Reflets, making it the only shareholder. Subsequently on November 29, 2019, the Company sold 1 SCP Reflets share to CPI FIM SA. — Pietroni 2019 Financial Statements, Note 4.2 p. 7"

quote ceo quote

""In addition approximately $37 million of the increase is the result of taking ownership of inventory from China when it ships versus when it enters our distribution center here in the US." — Many Fields, ELF Q2 FY24 Earnings Call Nov. 1, 2023"

e.l.f. Beauty, Inc. · ELF Muddy Waters · p. 10
quote ceo quote

"“Approximately, 94% of our GAAP revenue was recurring subscription revenue...Hims & Hers brings together the best of high-growth consumer Internet coupled with the fundamental economics of enterprise SaaS.” — CEO Dudum on Q3 2021 Earnings Call"

Hims & Hers Health, Inc. · HIMS Spruce Point Capital · p. 99
quote villain critique

"The Amdocs deal reports, in which it reported a 16% drop in billing revenue, to $251 million. Comverse does not fill any gaps in Amdocs' technology portfolio, nor was it a competitive threat to Amdocs. — Sheryl Kingstone, 451 Research director"

Amdocs Limited · DOX Spruce Point Capital · p. 28
quote villain critique

"FCF was $113M in Q1. This was comprised of cash flow from operations of approximately $165M, less $52M in net capex and other, of which $13M related to the multi-year development of our new campus in Israel. — Tamar Rapaport-Dagim, CFO, Amdocs"

Amdocs Limited · DOX Spruce Point Capital · p. 60
quote peer gap

"According to Disney, “over the last 5 years, return on invested capital has nearly doubled in [its] domestic parks and [it has] seen sizable increases over that same time frame across the total Experiences portfolio.” — The Walt Disney Company"

The Walt Disney Company · DIS Trian Partners · p. 38
quote ceo quote

"I can tell you now that on every campaign we run in SORT, yes, alongside of the cookies, and we want to be in a point where we're reaching the number of 1,000 campaign by the end of the year of using SORT. — Perion Network CEO (April 28, 2022)"

Perion Network Ltd. · PERI Spruce Point Capital · p. 82
quote villain critique

"Iteqは信頼性が高い産業用のアクティニックパターンマスク検査の実現に向けてかねてよりレーザーテックとの協同で開発に取り組んできた。その結果として、Iteqは超短パルスレーザーで照射される高速回転金属ターゲット(FRLMT)の技術に関してレーザーテックに対してライセンス契約で譲渡することに至った。Iteqとしては、レーザーテックと協力して同社のACTIS製品に使われるUrashima光源の基礎となるこの技術を提供できてうれしく光栄に思う。また、この協力を継続することを期待している。"

Lasertec Corporation · 6920 Scorpion Capital · p. 146
quote villain critique

"The balance as of December 31, 2018 mainly represents deferred revenue in relation to content distribution, licenses of intellectual property and traffic support services to be provided to one of the Group’s equity investees. — iQIYI 2018 20-F"

iQIYI, Inc. · IQ Wolfpack Research · p. 14
quote ceo quote

"“Constant uncertainty” about the instrument’s ability to function properly, in contrast to robust technology by competitors like 10X Genomics; leads Pfizer to view it as a “sidekick” for its antibody discovery efforts — Pfizer senior scientist"

Berkeley Lights · BLI Scorpion Capital · p. 63
quote peer gap

"“And so they have great margins just in their contracting but then they add to that margin by capturing the value of aggregates and liquid asphalt by vertically integrating, which is our second margin lever.” — CEO Smith Deal Call Oct 21, 2024"

Construction Partners, Inc. · ROAD Spruce Point Capital · p. 43
quote ceo quote

"The cohorts that grew the most in 2021 were the 2018 and 2020 vintages. And these cohorts came with a lower take rate, mainly driven by the business mix of higher payouts and local to local payment flows. — DLocal 4Q21 Earnings Conference Call"

DLocal Ltd. · DLO Muddy Waters · p. 17
quote other

"「...基本的に、大衆向け化粧品よりも高い価格を設定するため、利益率は高くなりますが、ほとんどの場合は大衆向け商品と同じ小売チャネルを通じて販売することになるため、既に大衆向け商品の市場にて事業を展開している場合には流通網の重複が生じます。高級化粧品と大衆向け化粧品の中間的位置づけとされる傾向にあり、高級化粧品と比べると、景気後退時に支出が減らされる可能性が低い商品の一つでもあります。」 — 前・ユニリーバ高級化粧品事業部門ブランド・ディレクター、2023年11月オアシスによる取材"

Kao Corporation · 4452.JP Oasis Management · p. 51
quote villain critique

"they were all highly skeptical of Vykat with no plans to prescribe; called Soleno a “one-trick pony” and was bewildered anyone would think to use diazoxide in PWS patients, dismissing Vykat as “bananas” and “Mickey Mouse” — Endocrinologist #7."

Soleno Therapeutics · SLNO Scorpion Capital · p. 91
quote villain critique

"“Well, the 150 milligram one was big. And so there were some folks who couldn't swallow that big a pill, so we had to use the 75 mg for them instead. So, yeah, the 150 mg is a big pill.” — Trial investigator, pediatrician/geneticist, professor"

Soleno Therapeutics · SLNO Scorpion Capital · p. 321
quote villain critique

"CSC's mission is to provide Europe's first prototyping facility dedicated to enabling businesses and academics to demonstrate new technologies based on compound semiconductor materials that will be production ready... — Companies House filings"

IQE plc · IQE Muddy Waters · p. 4
quote ceo quote

"In the case of the Buy America EV Star or the Buy America compliant that takes longer than the sort of the just the regular EV Star passenger vehicles. So that would be at least two quarters out from when we get into the production. — Atkinson"

GreenPower Motor Company · GP White Diamond Research · p. 20
quote villain critique

"Для корректного решения вопроса о размещении, любезно просим Вас уточнить, кем официально приходится по социальному статусу каждый сопровождающий по отношению к ребенку, с которым он будет проживать. — Swissôtel Krasnye Holmy Reservations Team"

Accor SA · AC Grizzly Research · p. 65
quote ceo quote

"“further increase production volume” — CEO; “we have not announced...how much production will expand.” — CEO; “will contribute to production...we are working to increase production capacity...expanding our production space and workforce” — CEO"

Lasertec Corporation · 6920 Scorpion Capital · p. 333
quote villain critique

"One is that RFID got overhyped when it was first introduced 20 years ago and so the impression it has on the decision-maker is a negative brand. It's looked at as maybe an old and dated technology... — Former Avery Dennison RFID Sales Manager"

Avery Dennison Corporation · AVY Spruce Point Capital · p. 23
quote villain critique

"“should be provided before the consumer makes the decision to buy, e.g., before clicking on an ‘order now’ button or a link that says: ‘add to shopping cart.’” — FTC (.com Disclosures: How to Make Effective Disclosures in Digital Advertising)"

Carvana Co. · CVNA Spruce Point Capital · p. 53
quote ceo quote

"“So, somebody, and it may be Hannon, which owns a non-controlling interest as well, put in $141 million. And Vivint took $340 million back. There must have been a lot of cash, either that or they borrowed more debt.” — Former HASI Executive A"

quote villain critique

"Consumer-electronics scrap processing commenced, validating circular supply chain from recycled titanium feedstock to manufactured forged titanium, parts, as announced in collaboration with ELG Utica on July 3, 2024. — June Report (7/23/2025)"

IperionX Ltd. · IPX Spruce Point Capital · p. 35
quote demand list

"In a powerful validation of the urgent need for change at Phillips 66, all three leading proxy advisory firms - Institutional Shareholder Services, Glass Lewis and Egan-Jones-have recommended shareholders vote FOR Elliott's director nominees."

Phillips 66 · PSX Elliott Management · p. 4
quote ceo quote

"So we've been through contract-by-contract and looked at platform-by-platform. And roughly 70% of that $1 billion growth is already locked in via contracts. So we're pretty confident that we'll get there. — Former Alcoa CFO, November 20, 2014"

Arconic Inc. · ARNC Elliott Management · p. 98
quote villain critique

"He is very famous, one of Wu Yonghua’s relatives, the head of the Guangdong system, has made great contributions to Anta. Guangdong is about 40% of Anta. He is young and has much promise. Wu Yonghua is the VP of sales. — Former senior manager"

quote ceo quote

"I’ve heard it said that there’s a belief that maybe the assets are old and tired. And I don’t buy that argument. Phillips 66 refineries are every bit as good as [those of its peers], Valero and Marathon. — Brian Coffman, Streamline 66 Podcast"

Phillips 66 · PSX Elliott Management · p. 25
quote peer gap

"For the latest twelve month re-qualification period ending January 2005, approximately 60 percent of our supervisors did not re-qualify and more than 90% of our distributors that are not supervisors turned over. — Herbalife 2005 Annual Report"

Herbalife Ltd. · HLF Pershing Square · p. 122
quote villain critique

"Yidatong is a SP (service provider) which is a necessary payment channel for developers, like NQ, to collect payment from carriers like China Mobile. It is a necessary payment channel. — NQ Mobile (August 1, 2013 response to J Capital report)"

NQ Mobile · NQ Muddy Waters · p. 9
quote ceo quote

"I say road network...and not highway network only, because our trucks do drive off highway. They drive through industrial urban type settings. They drive on surface streets to get to, for instance, our terminal in Houston. — Aurora Management"

Aurora Innovation, Inc. · AUR Kerrisdale Capital · p. 18
quote peer gap

"If [Astra] hits its cadence and that's a big if - then they have hit the ceiling, there's nothing else they can do. If anyone else comes in and does something similar and can use a rocket just one time — An engineer at a small launch company."

Astra Space, Inc. · ASTR Kerrisdale Capital · p. 14
quote villain critique

"the continuing shift in sales mix within food grade alcohol from lower margin industrial alcohol products to higher margin premium beverage alcohol products, a decline in input costs, and an increase in warehouse revenue. — MGPI Press Release"

MGP Ingredients, Inc. · MGPI Spruce Point Capital · p. 42
quote villain critique

"The organs on the OCS device are just as if they were in a human body...the organ is actually in better condition than it was when it was removed from the donor's body. It actually has a therapeutic impact. — Ex senior employee at Transmedics"

TransMedics Group Inc · TMDX Scorpion Capital · p. 175
quote villain critique

"“the data from the machine has been good, but we have a liver that it not good in the end...so we don’t have perfect data to tell us whether a liver is going to be good or not.” — Transplant surgeon at a high-volume West Coast academic center"

TransMedics Group Inc · TMDX Scorpion Capital · p. 286
quote villain critique

"Patients reported in individual diaries all cataplexy attacks defined as sudden and transient episodes (ranging from several seconds to a few minutes) of partial or generalised loss of muscle tone triggered by emotion. — Study Protocol/Pubmed"

Harmony Biosciences Holdings · HRMY Scorpion Capital · p. 239
quote villain critique

"We have identified a material weakness in our internal controls over financial reporting. If We Do Not Maintain Effective Internal Controls Over Financial Reporting, We Could Fail to Accurately Report Our Financial Results. — Inteliquent 10-K"

Tempus AI, Inc. · TEM Spruce Point Capital · p. 22
quote villain critique

"I'd like the room to have wine, French champagne, flowers (tulips and roses). Additionally, would it be possible to prepare gift baskerts for the girls so when they arrive they'll be happy? Also please add condoms and lubricants to each room."

Accor SA · AC Grizzly Research · p. 8
quote villain critique

"Хотел бы уточнить о возможности размещения четырех сирот из ДНР в вашем отеле 22-27 марта 2026 г. Только вот вывезли их из освобожденных. Милые девочки возрастом 14-17 лет. Красотки! У всех удочерение на финальном этапе, их уже ожидают семьи."

Accor SA · AC Grizzly Research · p. 117
quote villain critique

"“...design is very bad because of the particle issue...the Lasertec machine isn’t designed very well...it’s suffering from so many particle issues...[the tool] is not very clean.” — Former Lasertec field service engineer at TSMC fab in Taiwan"

Lasertec Corporation · 6920 Scorpion Capital · p. 224
quote other

"We agree with Elliott’s assessment that there is more upside potential in the refining business, on both capture and on opex, and we think Elliott’s presence itself could refocus management towards this business. — J.P. Morgan, April 8, 2025"

Phillips 66 · PSX Elliott Management · p. 8
quote other

"The work needed to take a deal from initial stage to closing was the same regardless of size. As the Company grew - and we were probably late to this realization - the juice wasn't worth the squeeze for many deals. — Former WTRG Executive #1"

Essential Utilities, Inc. · WTRG Spruce Point Capital · p. 30
quote ceo quote

""We are still expecting Clean Energy revenue growth well above 50% for the full year, with continued strength in PWRcell energy storage systems along with contributions from the initial rollout of new products." — CFO York, Q1 2022 Conf Call"

Generac Holdings, Inc. · GNRC Spruce Point Capital · p. 100
quote villain critique

"“. . . the Company has suffered recurring losses from operations and has a net capital deficiency and working capital deficit. These facts raise substantial doubt about the Company’s ability to continue as a going concern.” — Arthur Andersen"

Allied Capital · ALD Greenlight Capital · p. 14
quote sop buildup

"We do see M&A as a way to create significant shareholder value...We'll have a discipline[d] approach to M&A, clearly, and we're looking for acquisitions that align with our strategic vision. — Maria Henry, CFO of The Hillshire Brands Company"

quote villain critique

"I don't understand the story to be honest that you need to power internally. I mean, if I today am willing to sell the power to the same guys for lower prices than it costs them to build the assets, why building the assets? — RWE CEO Krebber"

BP plc · BP Bluebell Capital · p. 13