The changes requested by the Third Point hedge fund underscore the idea that legacy food brands must radically shake up their portfolios to remain profitable.
NYS Entity Status
NYS Filing Date
MAY 02, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - KINGS POINT ASSOCIATES LLC
AROUND THE WEB
- Shareholders Demand More Drastic Shifts at Nestlé
By STEPHANIE STROM - Tuesday Jun 27, 2017
- ‘Game of Thrones': Clues About the Ironborn and House Greyjoy From Real Viking History (Guest Blog)
By Carolyne Larrington, provided by
- Friday Jul 7, 2017
Ironborn military power is underpinned by their slender, beautifully designed warships which allow them to strike at will along the Westerosi coastline, and so it’s tempting to compare them with the Vikings, the medieval Scandinavian raiders who brought terror to Europe for three centuries.When he discovers that Theon’s splendid neck chain was bought rather than stolen, Balon tears it from his son’s neck, snarling, “That bauble around your neck, did you pay the iron-price for it, or the gold?” Balon clearly is not the kind of medieval Scandinavian king who would be celebrated by his court poets (skalds) for distributing treasure; no one would praise him as a “breaker of rings” or a “thrower of gold” or even a “hater … of the flame-red dragon square,” to cite just a few of Old Norse poetry’s terms for the generous king.The military successes of the Viking-age Scandinavians — settling northern England, founding Dublin and establishing the duchy of Normandy — were possible because their ships could travel far up the great rivers of Europe.The Great Army which swept across northern England in 865 A.D. took horses from those they defeated and thus were mobile enough to achieve military success inland, away from the rivers and coastlines where they easily could regroup on their ships.The Ironborn’s faith is very different from any version of Viking religion that we know of, but their belief in life after death closely resembles a watery version of Valhalla, the god Odin’s great hall, where the valkyries bring heroes who die in battle.When Yara and Theon sailed to Meereen to put their 50 ships at the disposal of Daenerys Targaryen for her long-anticipated invasion of Westeros, Daenerys agreed to support Yara’s claim to the Salt Chair, the Ironborn throne.The Vikings may have left their homelands because population pressure made it hard for them to sustain a living by agriculture on the thin soils and limited flatlands of the Norwegian or Icelandic fjords.For most of the Viking Age, Vikings were already successful traders, dealing in foodstuffs, timber, furs, falcons and slaves all across the North Atlantic, settling into lives as merchants and craftsmen in thriving towns such as Bergen and Trondheim.
- Third Point, a Hedge Fund, Sets Its Activist Sights on Nestlé
By MICHAEL J. de la MERCED - Sunday Jun 25, 2017
The fund, run by Daniel S. Loeb, has called on the Swiss food giant to sell its stake in L’Oréal and move more quickly to adapt to changing consumer tastes.
- Sage grouse conservation changes praised, provoke alarm
By MEAD GRUVER and MATTHEW BROWN, Associated Press - Tuesday Aug 8, 2017
The ground-dwelling sage grouse has lengthy, pointed tail feathers and is known for the male's elaborate courtship display in which air sacs in the neck are inflated to make a popping sound.The proposed changes, the result of a 60-day review of the plan by Zinke's agency, could give states wiggle room in areas such as setting population goals for sage grouse and drawing boundaries of recognized sage grouse habitat.Advocacy groups such as The Wilderness Society and National Wildlife Federation said the proposal was a backdoor attempt to allow unfettered oil and gas development that ignored previous scientific studies showing that drilling too close to sage grouse breeding areas would harm the birds.The birds inhabit parts of 11 states including large swaths of Wyoming, Utah, Idaho and Nevada — big ranching states that include areas with vast wind energy and gas drilling potential.Areas where sage grouse habitat and gas drilling overlap include the upper Green River Basin of western Wyoming, home of some of the biggest onshore natural gas fields in the U.S.Jonah Energy LLC, recognizes the existence of sage grouse winter range in the southern part of its proposed gas field about 200 miles (321.85 kilometers) northeast of Salt Lake City, said Paul Ulrich, government affairs director at the Denver-based petroleum company.
- Dan Loeb's Third Point Makes Its Largest-Ever Bet With Nestlé Stake
Sunday Jun 25, 2017
Billionaire activist investor Daniel Loeb’s Third Point LLC hedge fund has taken a $3.5 billion stake in Nestlé SA, piling pressure on the world’s largest packaged foods company to find ways to accelerate growth.
- Neighborhoods That Play Hard to Get
By STEFANOS CHEN - Friday Aug 11, 2017
In some New York neighborhoods, the housing stock is great, but turnover is so low, word of mouth is the best search engine.