Callouts & quotes from 10,384+ activist slides

"Returning capital to shareholders remains a hallmark of DuPont. From 2009 to date, we returned more than $9 billion to shareholders through dividends, an increase of 12% during this period. — October 2014 Letter to Shareholders"

"“It wasn't me; it was one of my colleagues....we know how this goes...when newer things come out...then if there's a lot of hurdles for insurance and things like that, then people become less enthusiastic.” — Endocrinologist #4"

"The hotel developer’s proposed project would have created competition with Burnette’s real estate interests, including a nearby commercial real estate building and the planned purchase of a nearby hotel — The indictment states."

"I think it's important that the iconic brands in our country be strong. You know, you're not guaranteed a spot at the table. You have to fight for that spot at the table and you have to perform and everything else. — David Cush"

"The "Deadman Switch" video that is speculated to be linked to deceased Hollywood actor Isaac Kappy and to indicate pedophilic crimes shows a group of prepubescent girls in bikinis at Rixos resort spa in Turkey, which appears to"

"Müller’s repetitive use of the phrase “I mean” also stands out (1). This kind of phraseology is used when one wishes to convey that they had no choice in the matter or that anyone would have done the same thing in their shoes."

""The Box Board remains unified in its ongoing commitment to acting in the best interests of all stockholders, and to ensuring Box benefits from world-class corporate governance and oversight." — Box Press Release, May 17, 2021"

"Our past acquisitions, as well as any acquisitions that we may complete in the future, may be unsuccessful or result in other risks or developments that adversely affect our financial condition and results. — XPO Annual Report"

"Figure 1 (clockwise from top left): Titanium scrap; Finished titanium metal powder; IperionX metal production team with a drum of finished titanium metal powder in front of the HAMR furnace at the Titanium Production Facility."

"In another departure from conventional wisdom, Singleton eschewed reported earnings, the key metric on Wall Street at the time, running his company instead to optimize free cash flow. — William N. Thorndike, Jr., The Outsiders"

"We account for the principal reductions as an offset to our cloud and compute spend within selling, general and administrative expense in our consolidated statements of operations and comprehensive loss. — Tempus AI Disclosure"

"If there is one way to sum up our past and future success...what it really comes down to [is] the Buffalo Wild Wings fan experience. All other value creation opportunities flow from brand strength — James Schmidt, COO, 8/16/16"

"“I would say it’s getting worse. I can notice. They used to be not that delayed. They could still keep a majority of their orders on time. But recently, I think it’s just getting worse.” — Former Twist employee, director-level"

"“The number one thing I hear from them is that they promise a lot of sweet things in the beginning. They promise a lot, and they overcommit... they really cannot deliver on time.” — Executive at Genscript, key Twist competitor"

""Outside of Silicon Valley, they're totally invisible. And I mean the fact that the company has been around for 12 years and nobody has heard their name, that's not easy, right?" — Former C3 Employee, Financial Services Sector"

"“The weighted average contract duration for commercial Entities in the year ended April 30, 2020 was 35 months, while the weighted average contract duration for federal agency Entities was 11 months.” — From the IPO Prospectus"

"I kinda started to laugh...that is such a narrow market. You can't just go mixing things and send it to people. Prescription drugs are FDA approved as they are, not mixed together in some other formula. — Former HIMS Executive"

""Early on, we did a number of market studies to see what resonated best, and we're very confident that the Vitalite brand is what we will come to market with here in North America." — Saputo President & COO (Q4 2021 Conf Call)"

"“The machine itself is $2 million, but beyond that, the chips cost a significant amount of money, which for a biotech or someone who is cost-conscious, it becomes a limiting factor at that point.” — Harbour Biomed ex-executive"

"One expert told us that anemia was observed across age groups in trials of endothelin receptor antagonists, meaning that IgAN patients would also likely suffer declines in hemoglobin. — Anonymous expert involved in SONAR trial"

"“As I see it, patients increasingly are going to be producing, consuming and demanding access to their own medical data. They’re going to want to call it up on their smart phones and tablets.” — Jonathan Bush, criticizing Epic"

"“The innovation is so deeply embedded in Apple's culture... It's deeply embedded in the values -- it's in the DNA of the company. And so I feel fantastic about it. There's no better place for innovation.” — Apple CEO, Tim Cook"

"“McDonald’s is a poor performing restaurant company in need of a turnaround” — Market perception (2002-2003). “McDonald’s is a global brand business with strong momentum and significant cash flows” — Market perception (Today)."

""Total revenue of $115.9 million was up 220% year-over-year thanks to a combination of strong organic growth and the recent acquisitions of ShopKeep, Upserve and Vend, which added $50.5 million in revenue." — Q1 2022 Conf Call"

"SPCM question: “Does it make sense to assume that hospitals pay the smaller invoices for handpieces faster than they pay the larger invoices for systems?” “...your logic makes sense to me...” — Former Procept Manager, Nov 2024"

"“...This stretch of beach will be branded a national destination with the same kind of recognition as Nantucket, Hilton Head Island, or Napa.” — Peter Rummell, CEO Q1 2007 Earnings Call (referencing WindMark and Port St. Joe)"

""In Brazil, net sales in the 2023 3rd quarter decreased by 4.3% in dollars and decreased by 9.6% in local currency due in part to inconsistent purchasing patterns by our bottler" — Monster Beverage Corp. Q3 2023 Earnings Call"

""Most of our [METC] deposits are found in clay and clay-like structures. ... They are easier to process, they are less expensive to process and they are, as a result, more valuable." — Randall Atkins, May 22nd, 2023 Interview"

"“Sun Ip Go” – Recognizing Revenue on Sales of Unfinished Products. 15. Magnachip also improperly recognized revenue on “sales” of non-existent or unfinished products in order to meet revenue targets. — SEC Litigation Document"

"「いずれKLAがレーザーテック製の検査装置の競合品を発表したら、レーザーテックは後回しにされてしまいます。KLAには強い競争力があります。......CHIPS法の下で、KLAが本命になると思います。インテル、サムスン、TSMCは米国籍の仕入れ先を使うように、米国政府から大きな圧力をかけられている。......レーザーテックにとっては苦難の運命です。CHIPS法のために米国の商売は悪影響を受けるに違いありません」 — TSMCの研究開発の元責任者"

"In 2019 we completed acquisitions for total net cash consideration of $802 and $294 in future milestone payments primarily due upon the achievement of certain regulatory and commercial milestones. — Stryker 2019 Annual Report"

"Dlocal UK LLP financial statements 2020, “the principal activity of the LLP is the provision of cross-border payments services for e-commerce merchants and payment service providers.” — Dlocal UK LLP financial statements 2020"

"Subsequent to the formation of the Joint venture the Company purchased £20,000,000 of Intellectual property from the IQE plc Group in return for 8,000,000 of A preference shares and £12,000,000 of cash. — CSC’s 2016 AR, p. 32"

"“As we’ve discussed [on] prior calls, enterprise customers have been interested in a move to the cloud and what we’ve seen lately is that they’ve accelerated the cloud adoption and cloud purchases.” — Dan Bodner – CEO, Verint"

"A classic sign of accounting shenanigans is when accounts receivable are growing faster than reported sales. It is often cited as a top red flag to predict fraud or accounting irregularities. — Spruce Point Capital Management"

""I think in your presentation, you guys had stated $110 million of free cash flow. Is that still kind of the target?" — Kevin Ellich – Craig-Hallum Capital Group; "Yes, that's right." — Joshua Proffitt – CFO & Treasurer, LHCG"

"this system is a U.S. Government-designated Federal Information System operated by a contractor of an executive agency...unauthorized use of the system is prohibited and subject to civil and criminal penalties. — UNOS website"

"“Our OPO is Tennessee Donor Service...they do NRP on every single DCD...we never use machine perfusion...our OPO has their own surgeon...the surgeon is recovering all of the organs via NRP.” — Transplant surgeon at Vanderbilt"

"“… Unless Patch can come up with a new, performance-based product that can drive people into the advertisers’ stores, their business model isn’t going to work and it won’t succeed….” — Former senior Patch employee, March 2012"

""one patient with good commercial insurance who just got denied...other four at pending...we don't know what's going on with them at this point...we're relying on the specialty pharmacy to do the appeal." — Endocrinologist #5"

"“prices of five of the drugs by an average of 1,360%.” — WSJ; “illegally acquiring drug used to treat premature babies with life-threatening condition” — FTC; “unlawful acquisition resulted in nearly 1,300% price hike.” — FTC"

"Yes, LBO analysis is a valuation methodology. It determines the maximum price that private equity firms can afford to pay to achieve 20-25% IRR. That maximum price prospective buyers are willing to pay is a form of valuation."

""[Randall] Atkins' conduct directly violated his fiduciary duty as a partner of [The Securities Group] and [The Monetary Group] to refrain from personally profiting from the misuse of partnership assets." — 11th Circuit Court"

""This is the result of the recognition of some low-profit ACTIS sales." — Lasertec CFO, Oct 31, 2023, earnings presentation; "I cannot give you any information on gross profit." — Okabayashi (CEO), Oct 31, 2023, earnings Q&A."

"Juicero, the ridiculous $400 juicer company, is shutting down — Engadget. Squeezed out: widely mocked startup Juicero is shutting down — The Guardian. $400 Juicer Company Shuts Down as Founder Frolics at Burning Man — Eater."

"The quick headlines are $3 billion of segment operating income by 2020, and free cash flow generation of up to $5 billion for shareholder return programs and debt repayment. — Richard Kramer, CEO of Goodyear (September 2016)"

"In the event that Mr. Shander is involuntarily terminated without Cause after the Closing Date and prior to payment in full of the Retention Payment, he will receive any unpaid portion of the Retention Payment. — Red Hat 8-K"

""With China's industrial upgrade, our country should be able to own independent and controllable key technologies. AI chip is China's opportunity to catch up in the semiconductor sector," said Leiwen Yao, director at Tencent"

"it's happening according to all indications I have...of course it's happening...it's not bullshit...they are investing tremendously...they have committed to Wall Street. — Ex-executive in a leadership role in KLA's EUV group"

""First, the continued growth of our mosquito program at over 30% rate has more than offset the slowdown in our one-time bed bug business and helped our residential product with continued strong growth." — COO Wilson, Q4 2019"

""Aircraft Lease Agreement dated as of November 5, 2021 between UMB Bank, National Association, as owner trustee, as lessor, and Global Crossing Airlines, Inc., as lessee" — FAA Aircraft Mortgage and Lease Security Assignment"

"“The platform that Ginkgo is using is Pichia pastoris, which is a yeast; it's well known to produce a lot of protein. The strain engineering that they're doing for us is mostly yeast-based, yes.” — Current executive at Motif"

"「肌ラボプレミアムやユーセリン、ラロッシュポゼなどたくさんの商品を使ってきましたが、これを試すまで効果を実感したことはありませんでした」 — Amazon (US). 「この化粧水は乾燥肌に悩む全ての人の救世主です...ニベアやダヴなど、インド製のクリームはどれも私には合いませんでした」 — Amazon (India). 「この商品の保湿力は半端ではないです...夜用パックとしてもおススメです」 — Lazada (Philippines)."

"“Smith gestured to the hunting ground and said, ‘See those woods over there, well in the South, we take people out there that don’t understand our way and behave good’” — Alleged quote by Director Tim Smith cited in lawsuit."

"“AOL's CEO and CFO have realized significant value in terms of restricted stock vesting in the past two years while shareholders experienced a decline in the stock price.” — A leading independent compensation consulting firm"

"In terms of how they allocate their time, basically, when you have fewer leads coming in, you have more time to do business development outreach and develop more referral partner relationships. — Mark Jones, Q3 Earnings Call"

"“The three new independent directors, Messrs. Chenault, Miner and Seams, were each recommended to the Board and the Nominating Committee by Michael Reich & Associates, a third party search firm.” — Tessera's proxy materials"

"If you cannot accept today for this sum in a way that we can add up on a slip of paper, you will have left a bad impression for the second time today. 2.5 million in the aggregate for this transaction is a damn high amount."

""What exactly are they doing to embrace the rapidly changing habits of youth culture.... Buybacks? Without a plan just buybacks at a loss." — Jason Hirschhorn, Former Chief Digital Officer of Viacom's MTV Unit in MediaREDEF"

"Yes. So we have grown our new store target to be from 10,000 -- roughly 10,000 or 11,000 to 12,000 to 14,000 square feet. We've seen really nice successes. We've increased the store size. — Goldman Sachs Conf. Sept 13, 2023"