Activist investors

Activist investors buy a significant stake in a publicly-held corporation and then use their reputations to push for change that will "unlock shareholder value". Basically, they push for major changes, such as a corporation splitting up or dumping a money-losing division, so that the share price will rise. What is interesting about activist investors is that when they win, ordinary investors, who own the same common stock as the activist investor (just less of it), also benefit.

Valeant stock falls as report of criminal probe adds to woes

 
The headquarters of Valeant Pharmaceuticals International Inc is seen in Laval, Quebec in this file picture taken November 9, 2015.
Reuters/Christinne Muschi

NEW YORK Valeant Pharmaceuticals International Inc (VRX.N) shares fell about 10 percent on Thursday as new details about a criminal investigation into the drugmaker raised investor concerns about risks related to the company's past business practices.

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Valeant under criminal investigation over Philidor ties: WSJ

A sign for the headquarters of Valeant Pharmaceuticals International Inc is seen in Laval, Quebec June 14, 2016.
Reuters/Christinne Muschi

NEW YORK/SAN FRANCISCO U.S. prosecutors have opened a criminal investigation into Valeant Pharmaceuticals International Inc (VRX.N) over whether it hid from insurers its relationship with a specialty pharmacy that helped boost its drug sales, the Wall Street Journal reported on Wednesday.

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Valeant looks to sell billions in assets to cut debt, stock jumps

A sign for the headquarters of Valeant Pharmaceuticals International Inc is seen in Laval, Quebec June 14, 2016.
Reuters/Christinne Muschi - RTX2G72E

Valeant Pharmaceuticals International Inc (VRX.N) (VRX.TO) will sell billions of dollars of non-core assets and could accept offers for its main businesses, its chief executive said on Tuesday, as the drugmaker worked to restore investor trust after a year of bad news.

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Before Valeant overhaul, Ackman met investors at brainstorming event

William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York May 4, 2015.
Reuters/Brendan McDermid
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Shareholders press Yum for stricter antibiotics policy

A KFC fast food restaurant, which is owned by Yum Brands Inc, is pictured ahead of their company results in Pasadena, California, U.S., July 11, 2016.
Reuters/Mario Anzuoni
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