Callouts & quotes from 10,384+ activist slides

"It is our intention within the 24-month period to be able to take this combined business, this pigments business... and have a normalized EBITDA in excess of $0.5 billion — Peter Huntsman, President & CEO, September 2013"

"At one time, Phillips 66 was actually a great company...but over the last few years, the performance of the company has suffered considerably. — Greg Goff, Phillips 66 investor and nearly 30-year ConocoPhillips employee."

"In the real world, I am using pegcetacoplan and I am a believer in anti-complement therapy. I think it's a conversation to be had with each individual patient, what the risk-benefit ratio looks like, — Dr. Charles Wykoff"

"recognizes that the evidence of clinical utility for the use of AlloSure in its intended use population is promising at the current time. However, this contractor believes that — MolDX (LCD for AlloSure, October 2, 2017)"

"Welltower as an organization, it is work-in progress and it is in start-up mode. I am deeply worried about, frankly paranoid about any perceived notion of success because that creates complacency. — Q2 2025 Earnings Call"

"“that doesn't sound accurate...I'm probably not the right person to comment on the accounting related to the relationship.” — Current Synlogic executive; “Yes, we're spending more than that.” — Current Synlogic executive"

"We believe that our platform will continue to deliver consistent results for the balance of the year with high single-digit growth in ready-mixed concrete organic volumes for the full year of 2017 — CEO Sandbrook (Q1'17)"

"A letter published in the medical journal The Lancet summarized the number of adverse events reports for Seldane/terfenadine, as well for astemizole, the other histamine receptor antagonist that was pulled off the market"

"with no alternative etiology provided in this report and with the assumption that a patient of this age is relatively healthy, the event of hepatitis is assessed as possibly related to WAKIX. — FDA FAERS FOIA Case Report"

"It is incorrect to say you should obtain the D&A amount from the Income Statement. The Income Statement D&A value might be correct for some companies but it's wrong for many others. — Financial Modeling Course References"

"of our engagement, Elliott has been extremely complimentary of our Board, management team and business. We appreciate Elliott’s recognition of the uniqueness and strength of Alexion’s business.” — Alexion Pharmaceuticals"

"“the problem that the customer has...because Lasertec introduces particles as you clean and put the pellicle on. So, you defeat the purpose.” — Former KLA executive in a leadership role in their EUV mask inspection group"

"“Oh my God. The amount of pressure, it's inconceivable...basically, the pressure is insane. From Samsung and TSMC combined. TSMC number one.” — Former KLA executive in a leadership role in their EUV mask inspection group"

""If Xerox had known what it had and had taken advantage of its real opportunities, it could have been as big as IBM plus Microsoft plus Xerox combined – and the largest high-technology company in the world" — Steve Jobs"

"Novartis said it cannot say much, but it does not expect any problems that would relate to Entresto [newly launching product], nor does it expect any significant impact on other businesses. — Bernstein, October 28, 2015"

""McDonald's is using our size and global reach to improve animal health and welfare in the McDonald's supply chain and ensure we source chicken, eggs, beef and pork from producers who share our commitments" — McDonald's"

"How can Lawrence Kurzius be expected to handle his new responsibilities as Chair and “drive sustainable growth and long-term value for shareholders” when his predecessor sits in the same boardroom? — Ancora Alternatives"

"“When we launched the first year we did probably a hundred thousand cases, so that could have been between $1 and $2 million of revenue for the first year, and quadrupled in the second year.” — Former Oatly U.S. Manager"

"“I try to approach everything with as much savagery as possible because life’s too short to make small increments,” Leproust told me. “You just have to go big or go home.” — Emily Leproust, Twist CEO, Aug 2022 interview"

"We continue to target a long-term leverage of approximately 2.25 times net debt to adjusted EBITDA. From time to time, we may deviate from our long-term leverage target to pursue strategic opportunities. — Capital Mgmt."

"「KLAの戦略は面白いかもしれません。例えば、仮にギガフォトンの光源を採用するとします。本当のところ私としては彼らがそうするとは思いませんが、とにかく、Istec以外の仕入れ先から調達とします。そうすると、長期的にはレーザーテックよりも優良な光源を使っていることになるので、同社より有利な立場になります。要は、KLAは学習しています。賢い会社です」 — 極端紫外線リソグラフィーの名だたる専門家で、レーザーテックの顧客及びKLAに近いB氏"

"According to ProbesReporter.com known for investigative Freedom of Information Requests with the SEC and other agencies, BR was “Added to Watch List. Newly confirmed, undisclosed SEC investigations” — ProbesReporter.com"

"According to ProbesReporter.com known for investigative Freedom of Information Requests with the SEC and other agencies, BR was "Added to Watch List. Newly confirmed, undisclosed SEC investigations" — ProbesReporter.com"

""ATHN is not an Electronic Health Records company. It is a fusion of SaaS, mobile, social, and crowdsourcing rolled into one, with an underlying platform that is able to monetize each." — Piper Jaffray, October 21, 2013"

"“ATHN is not an Electronic Health Records company. It is a fusion of SaaS, mobile, social, and crowdsourcing rolled into one, with an underlying platform that is able to monetize each.” — Piper Jaffray, October 21, 2013"

"Most of the DCD's are recovered by their own OPO...DCD livers don't travel very far. Now there is some problem that they are traveling more because of TransMedics. — Transplant surgeon in a leadership role at Vanderbilt"

"“...Spin-Offs (tracked through the Bloomberg US Spin-Off Index) have generated a 64% price return vs. 20% for the S&P 500 over the last five years (+26% vs. +17%, year-to-date)” — Goldman Sachs, SOTP Handbook, 5/23/2013"

"Article 13: “A direct selling company and its branches may recruit sales promoters. No entity or individual outside any direct selling company and its branches may recruit any sales promoter.” — Direct Sales Regulations"

"“Mr. E”, who is a former manager at Guangzhou Anda (广州市安大贸易发展有限公司), which is one of ANTA’s largest distributors – if not the largest, confirmed that ANTA controlled Guangzhou Anda, and particular its finance department."

"An amount of $42.2 million has been reclassified from Distribution expense to Other expenses in the Consolidated Statement of Profit or Loss and Comprehensive Income in the 2021 comparative. — A.C.N. 166 119 133 Pty Ltd"

"A solar industry executive told us that although these expenses are often lumped into the Cost Approach, they are not costs associated directly with the solar equipment and should be removed. — Solar industry executive"

"In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The core principle of Topic 842 is that a lessee should recognize the assets and liabilities that arise from leases, including operating leases. — FASB"

""Since BP sold off select product terminals to Kinder Morgan, we're starting to see capacity utilization increase on average 10-20% at each terminal, with some variability between specific locations." — Industry Expert"

"“We’re going to have about 50 percent more original programming than the same quarter last year and a lot of great new shows,” he says, “so I think you’ll will see improvement in the very short term.” — Philippe Dauman"

"And we're still in early innings of utilities adopting AMI technology. Only 1/3 of utilities in the U.S. have adopted AMI technology. So I think we've got a long runway ahead of us. — COO Pine, Stifel Conf June 7, 2023"

"“As far as we could tell, Twist hadn’t invented a better mousetrap...anyone that had deep technical knowledge ...was kind of like, how are you [bringing down prices]? It didn’t compute.” — IDT ex-regional sales manager"

""Every single number that is here is attached to a name and to a particular action. So this is not aspirational at all, just to be clear" — Daniel Pinto, JP Morgan CEO – Corporate & Investment Bank, 2/24/15 Analyst Day"

""Inflation, particularly in the price of food and housing; lack of democracy; public austerity followed by handouts, followed by howling protests, followed—some hope—by a change in government" — The Economist, May 2011"

"We are very pleased with our market share growth and the prospects of strong future growth as revenues tied to our RAMs have increased 6x since 2018 and tripled in fiscal 2020 and from 2019. — Spartan Call May 13, 2021"

""So I, I'm pretty in tune with, with what's happening in the Philippines, and we're seeing massive wage inflation... I'd argue its double. There's two different sides of the Philippine economy." — Former TASK Executive"

"...I would be concerned with the lack of credibility this management team has in the marketplace. I think that’s unacceptable. — Sigmund Cornelius, Elliott nominee for Phillips 66's Board and former CFO, ConocoPhillips"

"「ASMLとサイマーでは20年もかけて、毎年平均300人が開発に従事していました。20年ですよ」。また、「サイマーの買収に約40億ドルを投資したのち、さらに数十億ドルを光源の開発に投入した」。サンディエゴ市にあるサイマーの本拠点では、現在600人～1000人ほどが光源開発に従事している。大規模な取り組みだ。「例えばレーザーテックの場合、光源の開発に100人も人材を確保する余裕があると思えません」。 — 元サイマーの研究開発エンジニア"

"「A150について言えば、生産性が低すぎるためにファブには2台しか置いていないと思います。生産ラインのニーズが満たせません。生産ラインでの生産性を重視すれば、213ナノメートル光源を使わなければいけません。だから、ファブでは検査装置として主にKLA製を使っています。レーザーテック製は生産性が低すぎて、経済性に欠けるのです」 — TSMCの元幹部で長年購買の責任者を務め、同社へレーザーテック製の検査装置の導入を担当した人物、現大学教員"

"Peloton didn’t invent computerized exercise equipment that could let users compete remotely with other users. Nor did it invent the touchscreen, the exercise bike, spin classes or on-demand programming. — Bloomberg Law"

""Freedom Finance LLC is an ordinary 'laundry' for money that officials have stolen from the budgets of Russia, Kazakhstan, Ukraine, Kyrgyzstan and those countries of the former USSR where Turlov works." — Alexey Kushch"

"HGV is effectively betting that $125 million in synergies will be achieved without strong support or track record, in our view, while management badly missed their 2018 investor day EBITDA forecasts. — Land & Buildings"

"Compared to placebo, mean arterial pressure (MAP) and albuminuria decreased significantly, and measured GFR (inulin clearance) tended to decrease with atrasentan. — Source: Journal of Nephrology and Hypertension (2021)"

"‘current available literature is sparse or of insufficient quality’ and concludes that the routine use of PGT-A ‘with the aim of improving clinical outcomes is not supported by substantial evidence’ — Toft et al., 2020"

"MPLN holds itself out to investors as a “preferred partner” of major insurers, stating that it is “deeply integrated and embedded with all four” top United States insurance plans. — MPLN Analyst Day Presentation, p. 24"

"“Yidatong reports net revenues associated to a portion that would be earned by them for their services, and not the gross amount that is being passed to the carriers on behalf of the developers like NQ” — NQ management"

"The Division acknowledges the limitations of this endpoint, as it relies on patients to provide hypothetical responses about how they would respond in different situations and is vulnerable to recall bias. — FDA Review"

"We are not able to name the senior debt provider due to confidentiality terms in our agreement. Moreover, we would likely not name the partner absent those terms due to the factors described above. — Carvana Management"

"“by all relevant debt indicators, the U.S. fiscal scenario will soon approximate the economic scenario for countries on the verge of a sovereign debt default.” — American Enterprise Institute for Public Policy Research"

""As a company, we've had a knack of making a friend out of change, turning its uncertainty into opportunity. That's a relationship I hope we're able to renew for a very long time to come." — Henry Taub, Founder of ADP"

"As IonQ, the world’s leading quantum computing hardware and software company, reveals a new rack-mounted quantum computer for data centres, the race is on to go commercial with the technology. — Trade article Dec 2020"

"“Chapman obtained his various degrees from the Massachusetts Institute of Technology and the Harvard University Extension School.” — Potomac Officers Club profile. “Career began at 16 in MIT AI Lab” — SPAC pitch deck."

"[Dauman] sued YouTube to force it to take down unauthorized clips from Viacom shows at a time when others (such as Saturday Night Live) recognized the platform's power to build followings. — SpringOwl Asset Management"

"Harvey Golub's refocusing of American Express in the 1990s has been called "one of the most impressive turnarounds of a large public corporation in history" — Elliott Management (referencing general market sentiment)."

"Based on an analysis by Frost & Sullivan that we commissioned in connection with this offering, we estimate the global total available market for PowerSchool's current set of solutions to be approximately $25 billion."

"The Ellen MacArthur Foundation’s “New Plastics Economy Vision” has a long-term goal to shift all plastics away from nonrenewable petroleum feedstocks and energy sources, but this end goal does not equate to a PHA TAM."