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Stock impact report

Activist Starboard Is Said to Build $350 Million Stake in CarMax [Yahoo! Finance]

Frontdoor, Inc. (FTDR) 
Last frontdoor, inc. earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: Yahoo! Finance
the used car retailer's turnaround under incoming Chief Executive Officer Keith Barr, according to people with knowledge of the matter. The activist investor has nominated its own CEO, Jeff Smith, to the CarMax board, along with Bill Cobb, the chairman and CEO of Frontdoor Inc., the people said, asking not to be identified discussing private information. Most Read from Bloomberg Greek Oil Tanker Exits Strait of Hormuz With Its Signal Off Trump Signals Possible End to War, Floats Removing Oil Sanctions US Didn't Escort Tanker Through Hormuz, Refuting Wright Post Trump Says US to Get New Oil Refinery With Reliance Backing US Planes Fly Out of Korea as Asset Redeployment Reports Grow Starboard supports Barr, who starts this month, and is optimistic the former InterContinental Hotels Group CEO can be a catalyst for change at CarMax, the people said. Starboard, the people added, also sees an opportunity to leverage its experience investing in vehicle marketplaces to help bo Show less Read more
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