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☆ Bayer Leverkusen: Record 44-game unbeaten run brings to an end 31 years of hurt and ridicule
▼ + stars: | 2024-04-19 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

However, if you were a fan of German soccer club Bayer Leverkusen, little changed for you over those 31 years – there was just a lot of disappointment. Since winning the German Cup in 1993, Leverkusen relentlessly explored increasingly agonizing ways of spurning chances to win trophies. The current season has already reaped rewards in the form of the Bundesliga title, with potential domestic and European competition success transforming this into a season for the ages. Everybody was on the pitch this evening, everybody was crying.”After years being the butt of the joke, Leverkusen fans could finally spin the narrative. Leverkusen fans celebrated en masse on the pitch after winning the German league title.

Persons: ’, David Letterman ’, Xabi, Alonso, Mike Hewitt, ”, Schwarzroten, ‘ You’ll, Olaf Schmidt –, –, midfifelder, Jeremie Frimpong, Xabi Alonso, Lars Baron, Florian Wirtz’s wizardry, Deutscher Meister ’, ” Schmidt, ‘, Schmidt, Andreas Rentz, ” Uwe Schewiola Organizations: CNN, Chicago Bulls, NBA, The Bulls, Bayer Leverkusen, Basque, Bundesliga, Europa League, West Ham United, Getty, Real Madrid, ’, Olaf Schmidt – Leverkusen, CNN Sport, Bayern, Spain, Leverkusen, Bayern Munich, Bayer, Werder Bremen, Black, Reds, FC Kaiserslautern Locations: German, Europe, Real, London, Liverpool, Bayern Munich, Real Madrid, Germany, England, Spain, Italy, Tolosa, West Ham

☆ Ventana Wilderness: Body of missing California hiker found near waterfall
▼ + stars: | 2024-03-23 | by ( Jay Croft | ) edition.cnn.com time to read: +1 min

CNN —Caroline Meister was an avid hiker familiar with the trails around the Tassajara Zen Mountain Center where she lived and worked, about 45 miles southeast of Monterey, California. Finally, on Friday, the 30-year-old’s body was found at the base of a waterfall. “And as the days rolled by this became more of a possibility.”Caroline Meister went missing while hiking in California. Monterey County Sheriff's OfficeAt a news conference Friday, Monterey County Sheriff Tina Nieto said no foul play is suspected. She’s also an avid hiker,” her father, John Meister, told KSBW on Tuesday.

Persons: Caroline Meister, ”, Paul, Tina Nieto, Nieto, “, She’s, John Meister, KSBW Organizations: CNN, KSBW, Monterey County Sheriff's Locations: Monterey , California, San Jose, California, Monterey County

☆ Arnold Schwarzenegger’s undeclared watch fetches $294K at climate auction
▼ + stars: | 2024-01-19 | by ( Morayo Ogunbayo | ) edition.cnn.com time to read: +1 min

CNN —The wristwatch that landed Arnold Schwarzenegger in detainment at Munich Airport on Wednesday raised €270,000 ($294,000) after being sold at a dinner in Austria for his charity, the Schwarzenegger Climate Initiative. The event, which raised €1.31m in total, was attended by US Climate Envoy John Kerry along with many other climate action visionaries. Meister said the former California governor and “Terminator” star was released and traveled on after being held for over two hours. The ATM they brought him to had a limit that was too low, and the bank was closed. When he returned, a new officer brought a new credit card machine that worked, the source added.

Persons: Arnold Schwarzenegger, John Kerry, ” Schwarzenegger, “, Thomas Meister, Meister, CNN’s Elizabeth Wagmeister, Chris Stern, Jorge Engels Organizations: CNN, Airport, Schwarzenegger, Initiative, US Climate, Munich Customs Locations: Austria, Munich, Los Angeles, California

☆ Are you sure you have nothing to declare? Let Arnold Schwarzenegger and his pricey watch be a lesson to us all.
▼ + stars: | 2024-01-18 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

Arnold Schwarzenegger was detained at Munich's airport after bringing a watch he planned to gift. Schwarzenegger had not declared the item, which is required by Germany's customs authority. A luxury travel agent says this is an important rule to keep in mind if you're traveling with gifts. AdvertisementArnold Schwarzenegger was detained for more than two hours at Germany's Munich International Airport after failing to declare a luxury watch, CNN reported. Advertisement"The watch will likely still be auctioned tomorrow, and the Schwarzenegger Climate Initiative will properly report it, as all of Arnold's non-profits do," the source told BI.

Persons: Arnold Schwarzenegger, Schwarzenegger, —, Thomas Meister, Meister, Michael Trager Organizations: Service, Germany's, CNN, Germany's Central Customs Authority, EU, Austrian, Schwarzenegger, Initiative, Travelers, Customs Authority's, Customs Authority, TravelZork, Travel Edge Locations: California, Munich, Kitzbuhel, Austria, d3sign, Germany

CNN —Arnold Schwarzenegger will face criminal tax proceedings after failing to declare an item upon arrival to Germany, a Munich Customs press officer told CNN Wednesday. And this process applies to everyone,” the press officer Thomas Meister said. The source said the item in question was a watch from Swiss luxury brand Audemars Piguet. Schwarzenegger was never asked to fill out a declaration form and he answered “every question from customs officers honestly,” the source said. When he returned, a new officer brought a new credit card machine that worked, the source added.

Persons: CNN — Arnold Schwarzenegger, “, ”, Thomas Meister, Meister, “ Arnold, Schwarzenegger Organizations: CNN, Munich Customs Locations: Germany, Munich, California, Kitzbuhel, Austria

MADISON, Wis. (AP) — Animal welfare advocates filed a lawsuit Wednesday seeking to invalidate Wisconsin's new wolf management plan, accusing state wildlife officials of violating the state's open meetings law and disregarding comments from wolf researchers and supporters. The Great Lakes Wildlife Alliance, also known as Friends of the Wisconsin Wolf and Wildlife, filed the latest lawsuit in Dane County Circuit Court. The organization describes itself as a statewide group of hunters, farmers, politicians, business owners and animal welfare advocates who support science-based conservation. Adam Payne, the department secretary at the time, announced revisions were coming after the February talks with the organizations that favor further limiting the wolf population. The Department of Natural Resources adopted a wolf management plan in 1999 that called for capping the population at 350 wolves.

Persons: Adam Payne, Molly Meister Organizations: Farmers, Lakes Wildlife Alliance, Wisconsin Wolf, Wildlife, Dane County Circuit Court, of Natural Resources, Wisconsin Wildlife Federation, Wisconsin Association of Sporting Dogs, Natural Resources, DNR Locations: MADISON, Wis, Wisconsin, Dane County

☆ CNBC Pro Exclusive: Keith Meister's take on the future of activist investing
▼ + stars: | 2023-10-17 | by ( Alison Conklin | Brian Evans | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Exclusive: Keith Meister sees lines blurring between private equity and activist investorsCNBC's David Faber sits down for an exclusive interview with Keith Meister, Founder and Chief Investment Officer of Corvex Management, at the 13D Monitor Active-Passive Investing Summit.

Persons: Keith Meister, CNBC's David Faber Organizations: Corvex Management, 13D

☆ How Keith Meister of Corvex sees lines blurring between private equity and activist investors
▼ + stars: | 2023-10-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

A change in the way activist and private equity investors are viewed is underway, Corvex Management founder Keith Meister said Tuesday. Corporate raider is a term used to refer to aggressive activist investors. "The reason it hasn't happened more quickly is because the amazing large private equity funds have been victims of their own successes," Meister said. Activist investors, which include Trian's Nelson Peltz, can agitate for a wide variety of changes including selling off underperforming or undervalued businesses or replacing management teams. Private equity investors, meanwhile, usually build a controlling stake in a company, with the aim of taking it private and making it more valuable before selling it for a profit.

Persons: Keith Meister, Meister, it's, CNBC's David Faber, Trian's Nelson Peltz Organizations: Corvex Management, CNBC Pro, 13D, Investor, Corporate, Private, Blackstone, KKR, MGM, MGM Resorts

☆ The IPO market has 'lost a lot of relevance,' says Swiss asset manager Partners Group
▼ + stars: | 2023-09-15 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

watch nowThe IPO market has lost relevance in the real economy, but there are "absolutely enormous" opportunities in the health-care sector, according to the executive chairman of global private markets firm Partners Group. Private markets are switching places with public markets as the stewards of the real economy. "Private markets are switching places with public markets as the stewards of the real economy," said Partners Group. Partners' Group recorded $142 billion worth of assets under management as of the first half of 2023. Asked whether Partners Group will someday open up the window for retail investors to tap into the private equity market, Meister said it's already happening, marking a "democratization" of the private market industry.

Persons: Steffen Meister, CNBC's Chery Kang, Meister, it's Organizations: Partners, Milken Asia Summit, Bain & Company, Private, CNBC, McKinsey Locations: Singapore

☆ The IPO market has 'lost a lot of relevance,' says Partners Group
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe IPO market has 'lost a lot of relevance,' says Partners GroupSteffen Meister, executive chairman of Partners Group, says that's "for the real economy, but specifically for private markets."

Persons: Steffen Meister Organizations: Partners, Partners Group

They are buoyed by experts who say the arsenic risk is overblown, the mounts nothing short of art. The Endangered Species Act protects animals even in death, so the collection can’t be sold. But by the time he died in 1978, international laws and the Endangered Species Act were cracking down. In August, the results came back: 79% of specimens tested positive for detectable levels of arsenic, the city said. With protective gear, taxidermy can be moved safely despite arsenic, said Jennifer Menken, the public collections manager at the Bell Museum of Natural History.

Persons: “, ”, John Janelli, Fran Ritchie, Gretchen Anderson, Dave Pfeifle, Henry Brockhouse, ’, Becky Dewitz, Jennifer Menken, Paul, encasing, Christina Meister, Dewitz, she's, Paul TenHaken, Barbara Philips, Jason Haack, Abby Normal’s, ” Haack Organizations: Sioux Falls City Council, National Taxidermists Association, Society for, Carnegie Museum of, Sioux Falls, West Sioux Hardware, Plains, The Associated Press, Bell Museum of, University of Minnesota’s, National Wildlife, U.S . Fish, Wildlife Service, City, Abby Normal’s Museum, City Council Locations: South, Sioux Falls, Pittsburgh, China, University of Minnesota’s St, Denver, U.S

A general view of the drug product manufacturing laboratory in biologics and sterile injectables, Catalent, in Brussels, Belgium June 27, 2023. The sources declined to be identified because the information is confidential and cautioned a deal could still collapse at the last minute. Spokespeople for Catalent and Elliott declined to comment. In the past when Elliott has pushed for sales of pieces or the entire target company, including at eBay and Switch Inc., and then won board representation, significant ownership changes have followed. Novo Nordisk's weight-loss drug Wegovy is filled by Catalent’s Brussels factory and last week Reuters reported that Catalent’s plant in Bloomington, Indiana will begin filling Wegovy injection pens for Novo.

Persons: Yves Herman Acquire, Elliott, Catalent, Elliott isn't, Keith Meister's, Scott Ferguson's, Mauricio Gutierrez, Svea Herbst, Bayliss, Maggie Fick, Shri Navaratnam Organizations: REUTERS, Catalent, Elliott Investment Management, AstraZeneca, Johnson, Moderna, eBay, Inc, Deutsche Bank, Management, Capital Management, Reuters, NRG, Svea, Thomson Locations: Brussels, Belgium, U.S, Bloomington , Indiana, Novo, Boston, London

A general view of the drug product manufacturing laboratory in biologics and sterile injectables, Catalent, in Brussels, Belgium June 27, 2023. Spokespeople for Catalent and Elliott declined to comment. The U.S.-based contract drugmaker is also Danish company Novo Nordisk's (NOVOb.CO) main manufacturing partner for its popular weight-loss drug Wegovy. The volatility at Catalent could increase scrutiny on the relationship between Novo and its partner. Reuters reported last week that a second Catalent factory will begin filling Wegovy injection pens for Novo as part of an expanded supply agreement.

Persons: Yves Herman Acquire, Elliott, drugmaker, Markus Manns, Catalent, Elliott isn't, Keith Meister's, Scott Ferguson's, Mauricio Gutierrez, Svea Herbst, Bayliss, Maggie Fick, Amanda Cooper, Shri Navaratnam, Bernadette Baum, Catherine Evans Organizations: REUTERS, Elliott Investment Management, Catalent, Novo, Reuters, Union Investment, AstraZeneca, Johnson, Moderna, eBay, Inc, Deutsche Bank, Management, Capital Management, NRG, Svea, Thomson Locations: Brussels, Belgium, U.S, Danish, Novo, United States, Germany, Boston, London

☆ Keith Meister's Corvex Management places new giant bet on a drugmaker, adds to a utility stake
▼ + stars: | 2023-08-15 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Keith Meister's Corvex Management placed a big new bet on drugmaker Catalent , among other moves in an active quarter for the fund manager. The fund also has a new position in Knife River , a construction materials and contracting company, leading to a $110.3 million holding. It's the seventh largest position in the fund and likely the result of a spin-off. In June, Knife River spun off from MDU Resources , which is the third largest holding in Corvex. Knife River is up more than 17% this quarter.

Persons: Keith Meister's, drugmaker, Corvex, Meister, Carl Icahn Organizations: Management, Securities and Exchange Commission, MDU Resources, Adobe Systems, Wrestling Entertainment, Southwest Gas, Constellation Energy, Algonquin Power Locations: Catalent, Somerset , New Jersey, MDU, Arizona , California, Nevada

☆ Hedge funds beefed up A.I. bets in the second quarter
▼ + stars: | 2023-08-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

2023 has been the year for artificial intelligence stocks, and hedge funds in the second quarter beefed up their bets on the growth sector despite its sharp run up this year. Doubling down on Big Tech Despite the uptick in tech shares by the end of the first half, many hedge funds amped up their bets on Alphabet during the second quarter. David Tepper's Appaloosa bet big on AI winners , growing positions in Alphabet, Amazon , Meta Platforms and Microsoft during the period. Betting on chip stocks Nvidia shares have popped 200% as the company triumphs as AI chipmaker to beat this year. Beyond these pure-play AI bets, Coleman added to semiconductor Lam Research .

Persons: Bill Ackman's, Dan Loeb's, David Tepper's, Baupost's Seth Klarman, Philippe Laffont's Coatue, Tiger Global's Chase Coleman, Mark Zuckerberg's, Dan Sundheim's, Ole Andreas Halvorsen, Loeb, Coleman, Sundheim, Baupost, Keith Meister's, Laffont, Yun Li, Sarah Min, Brian Evans Organizations: Big Tech, Microsoft, Tiger Cub, Management, Apple, Amazon, Facebook, Meta, Nvidia, Devices, Viking, Taiwan Semiconductor, Micron Technology, AMD, Intel, Qualcomm, Broadcom, Marvell Technology, Materials, Global, Lam Research, Netflix, Viking Global, NXP Semiconductors, Semiconductor Locations: Apple, Amazon

☆ Catalent, facing pressure from Elliott, had other activists in stock
▼ + stars: | 2023-08-14 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

A general view of the drug product manufacturing laboratory in biologics and sterile injectables, Catalent, in Brussels, Belgium June 27, 2023. Keith Meister's Corvex Management and Scott Ferguson's Sachem Head Capital Management each disclosed buying Catalent stock in the second quarter and owning it on June 30. Corvex initiated a new position in Catalent, buying 5.7 million shares during the second quarter, while Sachem Head purchased 662,000 shares during the quarter, also a new position for the fund. While Elliott is among the world's most prominent and busiest activist investors, both Corvex and Sachem Head have in the past targeted other companies and successfully lobbied for board seats. Representatives for Corvex and Sachem Head declined to comment beyond the filings.

Persons: Yves Herman, Keith Meister's, Scott Ferguson's, Corvex, Elliott, Catalent, Svea Herbst, Bayliss, Sonali Paul Organizations: REUTERS, Elliott Investment Management, Management, Capital Management, Sachem, Corvex, AstraZeneca, Johnson, Moderna, Svea, Thomson Locations: Brussels, Belgium, Catalent, Europe, United States

☆ At Bayreuth, the Work on Wagner’s Operas Is Never Done
▼ + stars: | 2023-08-01 | by ( Zachary Woolfe | More About Zachary Woolfe | ) www.nytimes.com time to read: +2 min

It was a fresh addition to the staging, if still something of a letdown, a mild finale after 15 keyed-up hours. There were more tweaks to this “Ring.” The kidnapping and hoarding of children — an obsession with youthfulness; a sense of violence passed through generations — is one of Schwarz’s themes. You can tell Schwarz intended these revisions to heighten certain aspects of his interpretation. Last year, Cornelius Meister conducted the premiere because Pietari Inkinen had to drop out with a case of Covid late in the rehearsal process. Meister’s work ended up being blandly neutral, not quite compatible with Schwarz’s vivid, provocative staging.

Persons: Wotan, “ Das Rheingold, “ Rheingold, ”, Brünnhilde, Siegfried, Schwarz, — it’s, Cornelius Meister, Pietari Inkinen, it’s, “ Siegfried ”, gawkily reedy, Gutrune Locations: Hagen

☆ Hedge funds piled into these A.I. stocks during the first quarter
▼ + stars: | 2023-05-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Securities filings released this week signaled that many hedge funds also appear to be catching the AI bug. Betting on AI heavyweights Alphabet popped up as one of the most common AI plays among big investors in the first quarter. Microsoft bet billions on AI capabilities, funneling another multibillion-dollar investment in January into ChatGPT maker OpenAI. Beyond Alphabet and Microsoft Outside heavyweight giants Alphabet and Microsoft, many hedge funds beefed up other AI-related holdings in the first quarter. His Nvidia bet equaled roughly $1.4 billion at the end of March.

☆ Keith Meister’s Corvex Management bets on Amazon, slashes other big tech holdings
▼ + stars: | 2023-05-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Keith Meister's Corvex Management scooped up shares of Amazon during the first quarter, while slashing its stakes in technology giants Alphabet and Microsoft . Meister also bought shares of Endeavor Group , a position worth $44.9 million at the end of the first quarter. Other new bets from Corvex included a $22.7 million position in Uber Technologies and a stake in Algonquin Power . Prior to launching Corvex, Meister worked closely with legendary activist investor Carl Icahn. At the end of the first quarter, Corvex managed about $2.9 billion in regulatory assets, according to securities filings.

☆ Germany supports Ukraine but is concerned about escalating tensions with Russia
▼ + stars: | 2023-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGermany supports Ukraine but is concerned about escalating tensions with RussiaStefan Meister, head of the Center for Order and Governance in Eastern Europe, Russia, and Central Asia at the German Council on Foreign Relations, discusses Germany's attitude toward the war in Ukraine.

☆ Corvex's Keith Meister says 2023 will be a choppy year, upside in Big Tech is capped
▼ + stars: | 2023-02-21 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Corvex Management's Keith Meister said 2023 will be a tricky year for stock investors on the back of the Federal Reserve's rate-hiking campaign. "It'll be a choppy year, if you think about the risk premium for equities," Meister said on CNBC's " Closing Bell " Tuesday. His hedge fund cut exposure in Big Tech names Amazon , Microsoft and Alphabet last quarter as Meister thinks the upside for these names would be limited. He revealed that a better way to own that exposure to Big Tech was by selling, long-dated puts amid elevated volatility in the markets. Put options give holders the right to sell a specified amount of an underlying security at a specified price within a specified time frame.

☆ People can create value by being stock-pickers this year, says Corvex Management's Keith Meister
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople can create value by being stock-pickers this year, says Corvex Management's Keith MeisterKeith Meister, founder and chief investment officer at Corvex Management, joins ‘Closing Bell’ on the broad market selloff, why Uber is a good bet in a rising rate environment and more.

☆ Watch CNBC's full interview with Corvex Management's Keith Meister
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Corvex Management's Keith MeisterKeith Meister, founder and chief investment officer at Corvex Management, joins ‘Closing Bell’ to discuss the broad market selloff, why he thinks this year will be a choppy year for equities and more.

☆ Keith Meister's Corvex Management bets on media companies, cuts big tech and biotech holdings
▼ + stars: | 2023-02-15 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Corvex Management increased its stakes in media-related companies while slashing technology and biotech investments, according to its latest quarterly 13F filing with the SEC. Crown Holdings was Meister's second-largest acquisition in the fourth quarter, when Corvex bought $74 million of shares. In November, billionaire Carl Icahn disclosed an 8.5% stake in the packaging company once known as Crown Cork & Seal. Corvex in the fourth quarter increased its position in Fomento Economico Mexicano , a Mexican multi-national retail and beverage company, by 9.5%, bringing the holding to almost $200 million. Corvex exited its positions in Amazon , JP Morgan Chase & Co . and Uber in the fourth quarter.

The problem was the Neris had switched to a new, high-deductible health insurance plan to save money. The 2010 Affordable Care Act expanded access to health insurance, so companies were faced with covering more people than ever before. But the epinephrine auto-injectors — which deliver a shot of epinephrine and are the only emergency medicine available for life-threatening allergic reactions — usually are not. But AHIP (formerly known as America’s Health Insurance Plans), a group that represents such companies, said drug manufacturers are to blame. Fight it with your health care provider, fight it with your insurance company.”“No almost never means no in health insurance,” he said.

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