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The move was spurred by a Wall Street Journal report that activist investor Elliott Management, which took a $1 billion stake in the utility in May, was pushing for reforms, including the ouster of CE
S&P 500, Nasdaq snap 3-day losing streak on Thursday, June 22, 2023, as tech stocks advance.
Power generation and electricity specialist NRG Energy (NYSE: NRG ) is making headlines on Thursday as management attempts to gain support for its vision of the company. On the other hand, activist fi
NRG Energy shares rose as the power provider boosted share buybacks and looked to change the board following criticism from activist investor Elliott Investment Management.
U.S. equities were mixed at midday on June 22, 2023, with tech stocks helping to boost the Nasdaq.
Shares of NRG Energy Inc. NRG, +3.32% jumped 2.8% toward a two-month high in morning trading Thursday, enough to pace the S&P 500's SPX, -0.09% gainers, after the Texas-based energy utility said it bo
NRG Energy (NYSE:NRG) has announced a range of measures to create more value for its shareholders, strengthen its board and refocus its business, including plans to repurchase up to $2.7 billion of it

NRG Energy Promises Greater Investor Returns

07:20am, Thursday, 22'nd Jun 2023
The company under CEO Mauricio Gutierrez is taking action to win over shareholders as it faces pressure from activist investor Elliott Investment Management.
Activist investor Elliott Investment Management is seeking to oust NRG Energy Inc.'s chief executive, the Wall Street Journal reported late Wednesday.

Elliott Seeks Ouster of NRG Energy CEO

06:57pm, Wednesday, 21'st Jun 2023
Elliott Investment Management is ratcheting up the pressure on NRG Energy and is now seeking to oust its chief executive, according to people familiar with the matter.
Elliott Management recently sent a letter to NRG, calling on the company to implement a new plan.
NRG Energy (NRG) announces an agreement to sell its 44% equity in STP to Constellation Energy.
NRG Energy (NRG) makes a strong case for investment, given its earnings growth, strong ROE and capability to increase shareholders' value.
NRG Energy's (NRG) diverse customer base and long-term customer retention strategy increase the predictability of earnings. Its dividend policy boosts shareholders' value.
This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying and are offering large discounts to their historical norms. We go over
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