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Business: Sensata Technologies is an industrial technology company that develops, manufactures and sells sensors, electrical protection components and other products. Activist Commentary: Elliott is a very successful and astute activist investor. Elliott often watches companies for many years before investing and has an extensive stable of impressive board candidates. At the same time, Sensata also noted that Elliott settled for a board seat for Phillip Eyler (president and CEO of Gentherm), effective on July 1. As Sensata sensors are used in both combustion and electric vehicles, the current trend to hybrid gives the company a sort of 2-for-1 demand for its products.
Persons: Elliott, Jeff Cote, Martha Sullivan, Sensata, Phillip Eyler, Russell, Sullivan, Eyler, Ken Squire Organizations: Sensata Technologies, Xirgo Technologies, SmartWitness Holdings, 13D Locations: COOs, Cote, Sensata
Here are some of the biggest financial blind spots, according to several certified financial planners on CNBC's Digital Financial Advisor Council. 1. Credit scoresConsumers often don't understand the importance of their credit score, said Kamila Elliott, CFP, co-founder and CEO of Collective Wealth Partners based in Atlanta. The average person with a credit score between 760 and 850 would get a 6.5% interest rate, according to national FICO data as of April 1. The latter's monthly payment would cost $324 more relative to the person with a better credit score — amounting to an extra $116,000 over the life of the loan, according to FICO's loan calculator. "Ten out of 10 people couldn't explain how the tax withholding system works," said Ted Jenkin, CFP, CEO and founder of oXYGen Financial based in Atlanta.
Persons: Kamila Elliott, Wills, Barry Glassman, I'm, Glassman, Elliott, That's, Ted Jenkin, Uncle Sam, Jenkin Organizations: Getty, Digital Financial, CFP, Wealth Partners, Consumer Financial, Bureau, Wealth Services, Westend61, Collective Wealth Partners, Business, Employers, Workers Locations: Atlanta
In 2007, I became Monster.com's first chief diversity officer, then Walgreens' in 2012. Most recently I served as chief human-resources officer at Workhuman. When done right, DEI programs not only give companies a competitive edge but also can be the very means of mending a broken America. Unsurprisingly, the role of chief diversity officer became more popular during this time as CEOs and boards recognized that they needed a dedicated team with resources to prevent similar class-action settlements and public-relations disasters. Prior to serving as chief people officer for Workhuman, he was chief diversity officer for Walgreens and Monster.com.
Persons: unschooled, Monster.com's, meritocracy, Kennedy, Johnson, Nixon, ERGs, Charles Walgreen, Jim Crow, Rep, Robert B, Elliott of, Steve Pemberton Organizations: Walgreens, Revelio Labs, America, Commission, Texaco, Denny's, Nextel, Harvard, The Lighthouse Academy Locations: America, Elliott of South Carolina
watch nowThe Tuscan-style mega villa that sits high atop Malibu has just been put back on the market with a $44.5 million price tag. Studio 910The French limestone-clad villa's more recent history includes being featured on reality TV and film. Studio 910The primary suite includes vaulted ceilings and two balconies, plus a wraparound terrace. Studio 910The primary suite's third interior balcony overlooks the great room where 35-foot ceilings are clad in walnut wood. Studio 910The kitchen.
Persons: Shawn Elliott, Elliott, Howard Leight, Bob Easton, Leight, Kardashians, Leight's, Howard Leight Jr Organizations: Malibu Rocky, Nest Seekers International, CNBC Locations: Malibu, Santa Monica, Malibu's
Activist Commentary: Elliott is a very successful and astute activist investor, particularly in the technology sector. Constellation Brands produces and markets beer, wine and spirits, but it's essentially a beer company with 85% of its revenue coming from beer sales. Moreover, it is not just a niche beer business anymore. First, the company has traded at a discount because of the dual-class share structure that allowed the Sands family to control Constellation. This leaves a core beer business that can now be operated without unnecessary distractions.
Persons: Elliott, William T, Giles, , Luca Zaramella, Sands, Bill Newlands, Rob Sands, missteps, Ken Squire Organizations: Constellation, Mondelez, Constellation Brands, Modelo Especial, Anheuser, Busch, Modelo, Coors, Budweiser, Eastern Seaboard, 13D Locations: COOs, U.S, Mexicali, Mexico
The sender was actually a suspected North Korean spy seeking information, according to those involved and three cybersecurity researchers. The email is part of a new and previously unreported campaign by a suspected North Korean hacking group, according to the cybersecurity experts, five targeted individuals and emails reviewed by Reuters. MSTIC said it had identified "multiple" North Korea experts who have provided information to a Thallium attacker account. North Korea's embassy in London did not respond to a request for comment, but it has denied being involved in cyber crime. DePetris said the hackers asked him about issues he was already working on, including Japan's response to North Korea's military activities.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail customers are going into an uncertain period in 'very robust shape,' says ANZShayne Elliott of the bank discusses how its customers are faring in the face of high interest rates and inflation.
watch nowAn oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The pair of beachfront homes with two pools and a tennis court in the foreground of the photo are the La Dune estate. Aerial view of the La Dune estate from over the ocean. Liam GifkinsThe estate is situated on 400-plus feet of super-prime beachfront along Gin Lane, sometimes referred to as "billionaire's beach." She relisted La Dune in August with a new brokerage firm and raised the ask to $150 million.
This $150-million beachfront estate is the priciest for sale in the Hamptons. The grounds include a private gravel drive, two swimming pools and a sunken tennis court. If the home sells for any where near its asking price it will break a record in the Hamptons, but it hasn't been easy to find a buyer. The 9-figure trophy home has been on and off the market since 2016. Take an exclusive tour with CNBC's Ray Parisi and La Dune's listing agent Shawn Elliott of Nest Seekers.
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