Ackman buys into Chipotle, to talk to management; shares jump
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Valeant Pharma (VRX) CEO Papa says more asset sales news coming by end of year - CNBC
September 7, 2016 4:42 PM EDTValeant Pharma (NYSE: VRX) CEO Joe Papa said more news on asset sales will be coming near the end of this year, according to commentary on CNBC today.
Papa also won't rule out a Bausch + Lomb sale.
... MoreSell the Ackman Rally in Chipotle (CMG) - Oppenheimer
September 7, 2016 9:54 AM EDTOppenheimer analyst Brian Bittner is telling clients to sell the Chipotle Mexican Grill (NYSE: CMG) pop following news Bill Ackman has amassed a nearly 10% stake.
Bittner commented, "We believe CMG's poor risk/reward remains problematic for shareholders. Pershing Square revealed a 9.9% ownership, but... More
Could Activist Trigger McDonald's (MCD) to Repurchase Chipotle (CMG)? - Buckingham Research
September 7, 2016 8:02 AM EDTBuckingham Research analyst John Zolidis weighed in on Chipotle Mexican Grill (NYSE: CMG) following news activist investor Bill Ackman has amassed a near 10% stake in the company with the 13D having fairly standard language.
Zolidis highlighted the following key points amid the disclosure:
Is there a more specific activist story/investment thesis out there? During our discussions with investors we have heard criticism and complaints around the following topics: management compensation and structure, the slow roll-out of apps and technology, a weak and slow response to food safety and supply... More
