DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Boneparth"


5 mentions found


☆ Retailer Kohl's faces fresh call for board rejig from activist group Macellum
  + stars: | 2022-10-13 | by ( ) www.reuters.com   time to read: +2 min
Macellum owns about 5% of the retailer and wants its candidates to replace some of the long-tenured directors, including chairman Peter Boneparth and other members of the executive committee. This is not the first attempt by Macellum, which is led by veteran retail investor Jonathan Duskin, to change the board. Shareholder pressure for Kohl's returned again last month when Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year, sought the removal of chief executive and board chairman. In its letter to investors, Macellum also said it had recently approached the board to work together on a refresh, but that was rebuffed by the chairman. Kohl's said the interactions with Macellum over the past two years have been "unproductive and a distraction from running the business".
☆ Jobs, home prices and market volatility are among clients' big concerns right now, advisors say
  + stars: | 2022-10-03 | by ( Sarah O'Brien | Nicole Webb | Senior Vice President Financial Advisor At Wealth Enhancement Group | ) www.cnbc.com   time to read: +3 min
We spoke with experts from CNBC's Financial Advisor Council to see what they were discussing with their clients. The unemployment rate remains low: The most recent U.S. Bureau of Labor and Statistics data shows an unemployment rate of 3.7% for August, up slightly from 3.5% in July. Memories of the Great Recession lingerYet some clients have memories of the 2008-2009 Great Recession and its accompanying broad-based job losses. In December 2007, ahead of the economic woes brought on by the financial crisis, the U.S. unemployment rate was 5%, according to the BLS. Boneparth said the labor market concerns come primarily from clients who work for startups that are largely tech-related.
☆ Why you should be wary of investing advice from celebrities like Kim Kardashian
  + stars: | 2022-10-03 | by ( Jessica Dickler | Nicole Webb | Senior Vice President Financial Advisor At Wealth Enhancement Group | ) www.cnbc.com   time to read: +2 min
"Clearly the SEC is making an example out of Kim Kardashian, who is the biggest influencer perhaps in the world," said Douglas Boneparth, a certified financial planner and the president of Bone Fide Wealth in New York. "We encourage investors to consider an investment's potential risks and opportunities in light of their own financial goals." Gensler also published a video warning investors not to make investment decisions based entirely on the advice of a celebrity or influencer. "Regardless of where we are hearing this advice, we need to remember what works for one person may not be the right advice for you," said Ted Rossman, a senior industry analyst at Bankrate. This used to be a rich person's game, but now everyone can buy stocks or crypto — but that can also lead toward a dangerous situation if you don't have knowledge.
☆ Pairing up? Here’s how to know when it’s time to combine your finances
  + stars: | 2022-09-23 | by ( Andrew Osterland | ) www.cnbc.com   time to read: +3 min
From the point of view of managing household finances, sharing a joint bank account can make things a lot easier. watch nowBoneparth suggests that it's better to find out about a partner's spending habits, their debt obligations and general financial standing earlier rather than later. While people can and should designate beneficiaries for investment accounts and other assets, pooling assets and accounts with a partner may not always make sense. "There may be good reasons to keep some accounts separate and to divvy assets and liabilities up in different ways." The context of merging or keeping assets separate is often considered under the guise of a prenuptial agreement before a legal marriage.
☆ Activist investor pushes Kohl's to oust its CEO and chairman
  + stars: | 2022-09-22 | by ( Jack Stebbins | ) www.cnbc.com   time to read: +2 min
Activist investor Ancora Holdings is pushing Kohl's to remove its chief executive and its chairman. Ancora sent a letter to the board Thursday asking for the replacement of CEO Michelle Gass and Chairman Peter Boneparth. The activist investor, along with Macellum Advisors, attempted to seize control of Kohl's board in 2021. In that attempt, Ancora, along with other stakeholders, pushed for new directors with retail experience, inventory reduction and the sale of Kohl's real estate. The real estate investor offered as much as $2 billion for the chain's property, which Kohl's would lease back for its store locations.
<< prev 2 next >>
Total: 5