You may or may not love the name "Guardians" for Cleveland's baseball team, but the word had an impact this year, according to dictionary publisher Merriam-Webster.
Remote working has been a godsend in this area." For instance, Rachel Dillard of Dallas writes, "The most productivity-enhancing workplace 'technology' is insulation from interruptions. (I'm a fan of Slack and am lukewarm on Zoom.) Some respondents got creative. Time waster: VPN." The aforementioned Slack and Zoom were highly polarizing, with respondents in about equal numbers viewing them as both productivity-enhancing and time-wasting. Calderwood's to-the-point response: "Most productive: Multiple monitors. of Beachwood, who gave short, unique answers in a feature dominated by workers' thoughts on tools such as Slack and Zoom. Among those who responded was Rob Calderwood Jr.
As work lives have become increasingly dominated by technology, The Wall Street Journal asked readers to weigh in on which technology best helps them get their jobs done - and which ones are the biggest time wasters. "It was also part of a trio of activists that got four nominees added to Bed Bath & Beyond Inc.'s board in 2019 and three put on Kohl's Inc.'s board in 2021." "before settling for board seats at the trucking company," the Journal notes. As total shareholder returns have lagged in recent years, the board has repeatedly failed to establish an accretive capital allocation policy and seize opportunities to monetize non-core real estate assets."īerry is the most recent target for Ancora, which earlier this year launched a proxy fight at Forward Air Corp. Not only is the size of the accelerated share repurchase transaction wholly insufficient, but the board did not even increase its existing authorization. But that offer, according to the Ancora letter, is "an insult to investors. Ancora said it is prepared to call a special meeting to try to replace directors if needed."īerry last week said it would buy back $50 million of its shares as part of a previously authorized repurchase program that will have $350 million left on it. The Journal notes that Ancora "also urged the company to consider other actions including increasing share buybacks to $1 billion and using sale-leasebacks for its real estate. It is unclear whether the current Board has a viable plan for unlocking that type of value on a standalone basis any time soon." In it, Ancora writes, "A review of relevant and comparable acquisitions indicates shareholders could receive $100 per share or more in value via a sale. Its shares have lagged behind the broader market in the past few years and closed Friday at $66.47. 
It went public in 2012 and changed its name from Berry Plastics in 2017. The Wall Street Journal reports that Ancora "is pushing Berry Global Group Inc., a packaging manufacturer with a roughly $9 billion market value, to explore a sale."Īncora, which owns about 1% of Berry Global, is urging it to explore strategic alternatives including a possible sale and make other changes, according to a copy of a letter the activist sent to the company's board Sunday that was viewed by The Wall Street Journal.Įvansville, Ind.-based Berry, founded in 1967, makes materials used in fast-food containers, other consumer products such as bottles and diapers, and in commercial settings.īerry was acquired by a group including private-equity firm Apollo Global Management Inc. Cleveland-based activist investor Ancora Holdings Group LLC has a new target.
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