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WASHINGTON — A Donald Trump supporter who stormed the Capitol and assaulted law enforcement officers now says she was "duped" by the former president's lies about the 2020 election. One of the officers who Bell, a 62-year-old Trump supporter, encountered was the late Jeffrey Smith. U.S. District Court for the District of Columbia. U.S. District Court for the District of Columbia. Moloney admitted that he assaulted officers with “Black Flag Wasp, Hornet, & Yellow Jacket Killer” spray and that he assaulted two people he thought were with the media.

Persons: WASHINGTON, Donald Trump, Dana Jean Bell, Timothy J, Kelly, Bell, belligerently, Jeffrey Smith, “, ” Bell, Smith, Erin Smith, Jeffrey Smith's, Donald Trump’s, Trump, Dana, Peter G, Moloney Organizations: Capitol, U.S, U.S . Capitol Police, Metropolitan Police Department, United States Capitol, Trump, District of Columbia, Justice Department, Washington Nationals, Wasp Locations: Long Island

Trump went on to repeat false claims that there was "so much proof" that he won the election. And he dodged when asked about whether he had any regrets about his actions on Jan. 6. Other Jan. 6 defendants continue to maintain their belief in Trump's election lies. Trump's inability to acknowledge the reality of his 2020 election loss, Harris said, raises questions about Trump's "temperament" and his "ability to not be confused about fact," calling it "deeply troubling." Trump, who has called Jan. 6 defendants "hostages" and "unbelievable patriots" and has said he'll pardon "a large portion" of Jan. 6 defendants, said Tuesday that Capitol riot defendants had been "treated so badly."

Persons: Donald Trump, David Muir, Trump, Jack Smith, didn't, Daniel Rodriguez, Michael Fanone, Rodriguez, Kamala Harris, Harris, “ Trump, Jeffrey Smith, Smith, “ We’re, Enrique Tarrio, —, Donald Trump’s Organizations: ABC News, Trump, Metropolitan Police, FBI, United, pitchfork, Capitol, U.S . Capitol, Boys Locations: Washington, United States

☆ Hedge funds took profits in these popular technology stocks during the fourth quarter
▼ + stars: | 2024-02-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Hedge funds appeared to take profits in a host of winning " Magnificent Seven " stocks during the fourth quarter at the end of a blowout year for the septet. Still, Nvidia shares rallied 14% in the fourth quarter, extending a 3% gain in the September quarter. Nor was Nvidia the only semiconductor maker that hedge funds cut back on in the fourth quarter. Reducing exposure to the rest of Magnificent Seven Hedge funds also took profits in a handful of other popular Magnificent Seven stocks that helped power 2023's AI-fueled market rally. Beyond the most prominent companies, hedge funds also made key reductions in other popular technology and semiconductor bets last quarter.

Persons: Dan Sundheim zeroed, Stanley Druckenmiller, David Tepper's, Phillippe Laffont's Coatue, Global's Chase Coleman, Jensen Huang, chipmaker, Tepper, Ole Andreas Halvorsen, Druckenmiller, Baupost Group's Seth Klarman, Coatue's Laffont, Point's Dan Loeb, Berkshire Hathaway, Value's Jeffrey Smith, Marc Benioff, Appaloosa's Tepper, Michael Burry, Druckenmiller amped, Point's Loeb, Coatue, Laffont, Tiger Global's Coleman, —, Alex Harring, Yun Li Organizations: Appaloosa Management, D1, Technology, Wall, Nvidia, Management, Devices, Intel, Qualcomm, Taiwan Semiconductor, Viking, Arm Holdings, VanEck Semiconductor, Google, Microsoft, Duquesne, Viking Global, Corvex Management, Sundheim's D1 Capital, Baidu, Arista Networks, Scion, Oracle, Amazon, Tiger Global, Apple, Taiwan, Broadcom Locations: TSM, Meta, Berkshire, Salesforce, Chinese, China

☆ Starboard Value’s Jeffrey Smith firms up activist bet on GoDaddy, trims winning Salesforce stake
▼ + stars: | 2024-02-15 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Starboard Value's Jeff Smith added to his GoDaddy holding while trimming his lucrative activist bet in Salesforce , according to a new regulatory filing. The hedge fund increased its stake in GoDaddy to nearly $925 million, making the web services company its biggest holding. Starboard continued to trim its stake in customer relations management software company Salesforce , which in 2022, he took an activist stake in. The filing also reveals a few new stakes for Starboard, including News Corp and Fortrea . CNBC had already reported on these stakes when Smith appeared at a conference in last year.

Persons: Jeff Smith, Smith, He's Organizations: Wharton, News Corp, Fortrea, CNBC Locations: Salesforce, GoDaddy, New York

☆ Starboard urges GoDaddy to set 'prudent' guidance and offer specifics on cost savings
▼ + stars: | 2024-01-31 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Starboard has a more than 6% stake in the company, and has been pushing the company to expand free cash flow and improve margins. Of the 20 companies in peer group in Starboard's letter, GoDaddy has a higher multiple than only TeraData and Box . Starboard believes that GoDaddy can achieve free cash flow of $9 per share by this fiscal year, and $14 per share by fiscal year 2026. Those targets are higher than GoDaddy's $6.1 free cash flow per share for the fiscal year ending September 2023, according to FactSet data. Starboard expects that GoDaddy could generate more than $4 billion in free cash flow over the next three years.

Persons: Peter Feld, GoDaddy, Aman Bhutani, Feld, Mark McCaffrey, Starboard's Jeffrey Smith Organizations: New York Stock Exchange, GoDaddy Locations: New York City

☆ Starboard CEO makes case for spinning off real estate assets from WSJ owner News Corp
▼ + stars: | 2023-10-17 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

– in particular to see its real estate business separated from the rest of the company. Smith said News Corp. should split out its real estate assets, including an interest in REA Group of Australia. On Tuesday, Smith called out the valuation discrepancies between the news and real estate businesses. Meanwhile, News Corp.'s real estate assets trade at eight-times, he said. "It's a great business, a great asset, it's just too cheap," Smith said of News Corp.'s stock price.

Persons: Jeffrey Smith, CNBC's David Faber, Smith, Murdoch, It's, it's Organizations: News Corp, –, REA Group of Australia . News Corp, Dow Jones, Wall Street, New, CNBC, Reuters, Street, Fox Corp, New York Times Locations: New York

☆ Starboard Value's Jeff Smith unveils his newest ideas, including a push for News Corp spinoff
▼ + stars: | 2023-10-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Starboard Value's Jeff Smith on Tuesday presented his newest investment ideas across different industries. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market. "If management can successfully execute on a margin improvement plan, we believe GoDaddy shareholders will be meaningfully rewarded," he said. GoDaddy shares are up only about 1% this year, significantly underperforming the broader market.

Persons: Jeff Smith, Smith, Dow Jones, Fortrea, Jeffrey Smith, David Paul Morris Organizations: 13D, News Corp, Dow, Group, Bloomberg, Getty Locations: New York City, Australia

☆ Exclusive: Activist hedge fund Starboard eyes Rupert Murdoch's News Corp -sources
▼ + stars: | 2023-10-13 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

The fund's plans and the size of its stake in News Corp could not be learned. News Corp declined to comment and Starboard did not respond to a request for comment. Starboard, which has pushed for changes at companies ranging from Salesforce (CRM.N) to Darden Restaurants (DRI.N), would struggle to shake up News Corp without Murdoch's consent. Irenic did succeed in drumming up investor opposition to Murdoch's proposed merger with his other company Fox Corp (FOXA.O), forcing him to abandon the plan. Reporting by Svea Herbst-Bayliss in New York Editing by Greg Roumeliotis and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Rupert Murdoch, Lachlan Murdoch, Bing Guan, Jeffrey Smith, Rupert Murdoch's, Smith, Murdoch, Dow Jones, Irenic, Murdoch's, Lachlan, Svea Herbst, Bayliss, Greg Roumeliotis, David Gregorio Our Organizations: News Corporation, News Corp, Fox, REUTERS, 13D, Investment, New York Times Co, Darden, Corp, Irenic Capital Management, Wall Street, Fox Corp, Reuters, Svea, Thomson Locations: New York, U.S

☆ Starboard Value's Jeff Smith says companies are more receptive to activists like him
▼ + stars: | 2023-10-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Starboard Value's Jeffrey Smith, one of the busiest activist investors for two decades, said companies have grown more receptive to voices like him. Smith also sought a turnaround at pizza chain Papa John's in 2019 at a tumultuous time for the company . The Starboard CEO was even active during the Covid-19 pandemic . We're simultaneously respected and feared inside companies," Smith said. "More often than not, now the conversations are highly constructive and respectful and relatively easy," Smith said.

Persons: Jeffrey Smith, Smith, …, we've, I'm, We're Organizations: CNBC's Financial, Olive, Darden, Mercury Systems, Wharton Locations: New York

☆ Hedge funds are embracing these near-term AI beneficiaries, according to Goldman
▼ + stars: | 2023-08-22 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Hedge funds showed great enthusiasm toward tech stocks tied to artificial intelligence during the second quarter, including Nvidia , according to Goldman Sachs. Goldman equity analysts then identified 11 stocks as near-term AI beneficiaries. The smart money hedge funds continued to load up on Nvidia at a rapid pace last quarter following the chipmaker's blowout forecast. Hedge funds also piled into Big Tech names Microsoft , Meta and Amazon, which all have recently made developments surrounding AI. Several hedge funds also added a lesser-known semiconductor name, Credo Technology , last quarter.

Persons: Goldman Sachs, Management's David Tepper, Meta, Goldman, Value's Jeffrey Smith, there's, — CNBC's Michael Bloom Organizations: Nvidia, Big Tech, Microsoft, Meta, OpenAI, Technology, Semiconductor, Marvell Technology

☆ Stocks making the biggest moves premarket: Estee Lauder, Bloomin' Brands, Palo Alto Networks and more
▼ + stars: | 2023-08-18 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower in premarket trading Friday. Palo Alto Networks' fiscal fourth-quarter earnings are expected to come out Friday afternoon. Analysts surveyed by FactSet's StreetAccount called for $1.96 billion in revenue and earnings per share of $1.29. The company reported adjusted earning per share of 7 cents, while analysts surveyed by Refinitiv had forecast a loss of 4 cents per share. The electronic design company said it anticipates adjusted earnings of $1.83 to $1.89 per share on revenue of $1.29 billion to $1.31 billion.

Persons: FactSet's StreetAccount, Alibaba, PDD, Nio, Estee Lauder —, Estee Lauder, Refinitiv, Keysight, Jeffrey Smith's, — CNBC's Michelle Fox Theobald, Jesse Pound Organizations: Palo Alto, Palo Alto Networks, Ross, Ross Stores, Refinitiv . Revenue, Technologies, Street Journal

☆ Starboard Value’s Jeffrey Smith, who's bullish on A.I., reveals his top picks in latest 13F
▼ + stars: | 2023-08-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Starboard Value's Jeffrey Smith has called artificial intelligence "an enormous opportunity," and there are hints of his enthusiasm in his latest, quarterly 13F filing to SEC. The activist investor drastically increased his stake in Wix.com , making it his ninth-biggest holding at the end of June. The hedge fund manager said there's more room for Salesforce to grow and the stock can rally another 30% on the back of the AI boom. Nine years later he spun out his New York-based hedge fund and became the CEO. The hedge fund manager also added a relatively small stake in British life science company Abcam PLC last quarter.

Persons: Jeffrey Smith, Wix.com, Smith, There's, blockchain, there's, Splunk Organizations: SEC, Acacia Research, CNBC, Abcam Locations: Wix.com, Salesforce, New York

☆ Starboard Value's Jeff Smith remains one of the most feared and creative activist investors
▼ + stars: | 2023-08-01 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Starboard Value's Jeffrey Smith has been one of the busiest activist investors over the last two decades, best known for his proxy fights in the restaurant space. Darden shares saw a nearly 60% jump under Smith's activism, from October 2014 to April 2016. After Darden, Smith sought a turnaround at pizza chain Papa Johns , taking a $200 million stake in the company and becoming chairman in 2019. Smith took an activist stake in software company Salesforce last year. The Starboard CEO was even active during the Covid pandemic, calling for changes at Humana, Kohl's, Mercury Systems and other companies.

Persons: Jeffrey Smith, Smith, Darden, Papa, John Schnatter Organizations: Olive, Darden, Wharton grad, Mercury Systems Locations: New York

CNN —A man with numerous firearms and materials to make an explosive was arrested Thursday in former President Barack Obama’s Washington, DC, neighborhood after claiming on an internet livestream that he had a detonator, law enforcement officials told CNN. Taylor Taranto, who had an open warrant for his arrest related to the January 6, 2021, US Capitol attack, was arrested by the Metropolitan Police Department and federal law enforcement. “There is no active threat to the community and this incident remains under investigation.”According to law enforcement officials, firearms and materials to make Molotov cocktails were found in Taranto’s car. There is currently no indication of a direct threat to the Obamas, law enforcement officials told CNN. In court filings related to the ongoing suit, Taranto admitted to being inside the Capitol during the attack, but denied any wrongdoing.

Persons: Barack Obama’s, Taylor Taranto, United States Capitol Police “, ”, Jason Bell, Jeffrey Smith, Taranto, Smith Organizations: CNN, Metropolitan Police Department, Team, United States Capitol Police, Terrorism Task Forces, MPD, Capitol, Capitol police Locations: Barack Obama’s Washington, DC, Taranto, ” Taranto

☆ Here's how Wall Street pros traded 13 Club stocks last quarter, including Salesforce and Disney
▼ + stars: | 2023-02-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Big-name investors and hedge funds made moves in Club holdings Disney (DIS), Nvidia (NVDA) and TJX Companies (TJX) in the fourth quarter. Starboard's position stood at 3.03 million shares — valued at $401.22 million — at the end of the fourth quarter, according to the firm's 13F. Inclusive's 1.63 million shares were worth $216.77 million and ValueAct's 560,221 shares carried a market value of $74.28 million. CRM YTD mountain Salesforce (CRM) YTD performance In addition to Salesforce, a number of other Club holdings appeared in hedge funds' quarterly disclosures. Some of the activists swarming at Salesforce have positions in other Club holdings and made changes to them during the fourth quarter.

Biden will deliver his second State of the Union address at about 9 p.m. (0200 GMT Wednesday). It will be broadcast live on major U.S. broadcast television networks and online by the White House and the House of Representatives. The speech could deliver Biden his largest television audience of the year. The White House has also invited Brandon Tsay, who disarmed a gunman responsible for a mass shooting in Monterey Park, California. Republicans have picked Arkansas Governor Sarah Huckabee Sanders, who served as White House press secretary under Donald Trump, to deliver their response.

☆ Exclusive: Starboard to challenge engineering materials maker Rogers' board -sources
▼ + stars: | 2023-02-04 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

The board challenge comes after chemical company DuPont (DD.N) in November walked away from a $5.2 billion deal to acquire Rogers because it failed to secure regulatory approval for the transaction in China. Starboard and Rogers did not respond to requests for comment. Its stock price tumbled after the DuPont deal was scrapped and is down 47% over the last 52 weeks. The company has made changes since the DuPont deal fell apart. Starboard has been active, including recent bets on cloud-based software company Salesforce (CRM.N), software company Splunk (SPLK.O) and website maker Wix.com (WIX.O).

☆ Jeff Smith makes for a substitute Warren Buffett
▼ + stars: | 2023-01-30 | by ( Jonathan Guilford | ) www.reuters.com time to read: +4 min

With markets sagging and deals drawing opposition, such imprimaturs have a value - and at Ritchie Bros Auctioneers (RBA.TO), it’s the turn of Starboard Value’s Jeffrey Smith to play rescuer. Heavy equipment auctioneer Ritchie Bros ran into both problems in its $7 billion bid to buy salvage-car portal IAA (IAA.N). Announced in November, it quickly drew opposition from IAA shareholder Ancora and Ritchie investor Luxor Capital. Shareholder opposition is expected in market turmoil. As part of the deal, Starboard Value agreed to invest $500 million in Ritchie Bros, with fund boss Jeffrey Smith taking a seat on Ritchie’s board if the IAA deal succeeds.

☆ Canada's Ritchie Bros raises cash payout under revised offer for IAA
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +2 min

Jan 23 (Reuters) - Canada's Ritchie Bros Auctioneers (RBA.TO) on Monday sweetened the cash component of its buyout offer for IAA Inc (IAA.N) by 28%, valuing the U.S. auto retailer at $5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. IAA shares rose 4.9% in morning trade, while Ritchie Bros's Toronto-listed shares were up 3%. The improved offer comes at a time when many companies are reducing costs and initiating layoffs in face of a potential economic downturn. Under the revised offer, IAA stockholders would receive $12.80 in cash, up from $10 earlier, and 0.5252 Ritchie Bros. share for each IAA share, down from 0.5804. Ritchie made the initial offer in November, valuing the company at about $7.3 billion, including debt.

☆ Ritchie Bros. Sweetens Deal for IAA, With Starboard’s Jeff Smith Set to Join Board
▼ + stars: | 2023-01-23 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Ritchie Bros. agreed to add Starboard CEO Jeffrey Smith to its board as part of the agreement, executives at the firms said. Canada’s Ritchie Bros . Auctioneers Inc. agreed to amend the terms of its proposed acquisition of U.S. auto retailer IAA Inc., as activist investor Starboard Value LP plans to make a $500 million investment in Ritchie Bros. Under the terms of the amended agreement, IAA stockholders would receive $12.80 in cash, up from $10, and 0.5252 Ritchie Bros. share for each IAA share. That implies a combined value to IAA stockholders of $44.40 based on Ritchie Bros.’ closing price of $60.17 on Friday. (Previously, the stock component was 0.5804.)

☆ Republicans were too busy sorting out Kevin McCarthy's speakership bid to join a January 6 commemoration on the riot's 2-year anniversary
▼ + stars: | 2023-01-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Two years after January 6, the House is now on its fourth day of trying to elect a speaker. "I wanted to be here," Fitzpatrick told Insider after the ceremony, saying he didn't know if he was the only member of his party on the steps. Sicknick suffered violent attacks during the riot, while the four other officers died by suicide in the days and months afterward. The lawmakers then observed a 140-second member of silence to commemorate 140 other officers who were seriously injured during the riot. On January 6, 2020 — a year before the assault — he lost his brother, former Rep. Mike Fitzpatrick, to cancer.

☆ Biden awards Presidential Citizens Medals on two-year anniversary of Jan. 6 Capitol riot
▼ + stars: | 2023-01-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

US President Joe Biden speaks during a ceremony at the White House marking the two-year anniversary of the January 6 insurrection at the US Capitol in Washington, DC, on Friday, Jan. 6, 2023. The award ceremony at the White House was Biden's first time bestowing the Presidential Citizens Medal, which is given to Americans "who have performed exemplary deeds of service for their country or their fellow citizens." Three of the medals were awarded posthumously to officers who had defended the Capitol on Jan. 6, 2021, and died afterward by injuries or by suicide. "All of it was fueled by lies about the 2020 election," Biden said Friday, without mentioning Trump by name. The somber event at the White House was punctuated by a few moments of levity.

Register now for FREE unlimited access to Reuters.com RegisterThe trio of stocks presented by Smith have fallen between 37% and 54% this year. Smith was detailing the thesis of his most recent investments at the 13D Monitor Active-Passive Investor Summit on Tuesday. "We think there's significant upside at Splunk," Smith said noting the company could boost free cash flow margins and maintain strong growth profile that could allow Splunk to generate eight to $9 of free cash flow per share by 2025. He added that, as well as growing profitability, Splunk's business made it highly attractive as a potential acquisition target. "This dynamic creates multiple ways to win and makes the investment in Splunk even more interesting," he added.

☆ Activist investor Starboard reveals stake in Salesforce, sees significant opportunity
▼ + stars: | 2022-10-18 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John's International Inc.Starboard Value LP has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC's David Faber. Smith told Faber the stake is significant without specifying the dollar amount. Smith added that the software company is not generating meaningful operating leverage relative to peers in recent years. The Starboard CEO will be on CNBC at 10:15 a.m. Starboard Value manages about $6.2 billion in assets, according to filings through the first quarter of 2020.

☆ Activist investor Starboard has sizable stake in Splunk
▼ + stars: | 2022-10-16 | by ( ) www.reuters.com time to read: +1 min

Oct 16 (Reuters) - Activist investor Starboard Value LP has a nearly 5% stake in Splunk Inc (SPLK.O) and plans to push the software maker to take steps that would boost its share price, a source familiar with the matter said. Starboard and Splunk did not immediately respond to Reuters' requests for comment. Register now for FREE unlimited access to Reuters.com RegisterLast week, Splunk added two directors to its board, including a partner from Hellman & Friedman. The private-equity firm owns about 7.8% stake in the software maker. Last month, the activist hedge fund disclosed its stake in website development platform Wix, supporting Wix's bid to become profitable.

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