The restructuring has involved layoffs as well as changes to the company’s operations and manufacturing. Starboard claims that, under Bourla’s leadership, Pfizer has destroyed tens of billions of ...

Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. Starboard has taken a ...

There is! All you need is aluminum foil. Ahead, Sokolowski explains how you can save your back (and your otherwise spotless kitchen) with this cheap, easy and oh, so clever hack. Get Reader’s ...

BANDAR SERI BEGAWAN: Personnel from the Bangar Police Station, Royal Brunei Police Force (RBPF), detained two local men on Wednesday (Oct 23) night for allegedly attempting to smuggle contraband ...

Starboard Chief Executive Jeff Smith, whose fund has a roughly $1 billion stake in Pfizer, said Tuesday that the pharmaceutical company's board should be laser-focused on tracking its return on R ...

Investment firm Starboard Value, which has launched an activist campaign against Pfizer (NYSE:PFE), upped the ante on the New York-based pharma giant on Tuesday, noting that the company has ...

He also shared a version of the presentation his hedge fund Starboard presented to Pfizer officials at a meeting last week. "It's not often that investors and shareholders are able to see what we ...

According to Starboard, Pfizer’s expected revenue return on R&D and M&A investments is projected at 15% between 2023 and 2030, far below the industry median of 38%.

(Bloomberg) -- Starboard Value LP Chief Executive Officer Jeffrey Smith said there has been at least $20 billion in value destruction at drugmaker Pfizer Inc., which he admonished for failing to ...

Starboard Value, the activist investor agitating for change at Pfizer, called on the pharmaceutical giant’s board of directors to hold the company’s executives responsible for what it described as a ...

Starboard Value contends that Kenvue, with strong consumer health brands like Tylenol and Listerine, is underperforming its rivals, according to The Wall Street Journal. Activist investor Starboard ...

NEW YORK (Reuters) -Activist hedge fund Starboard Value's chief executive officer said on Tuesday that drugmaker Pfizer's board needs to hold management accountable for its underperformance, ...