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RTO INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Rentokil Initial plc Investors with Substantial Losses Have Opportunity to Lead the Rentokil Class Action Lawsuit
GlobeNewswire News Room· 2024-11-27 01:03
SAN DIEGO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the Rentokil class action lawsuit, captioned Laborers Local #235 Pension Fund v. Rentokil Initial plc, No. 24-cv-02932 (W.D. Tenn.), charges Rentokil Initial plc (NYSE: RTO) and certain of Rentokil’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Rentokil class action lawsuit, please provide your information here: h ...
In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'
Business Insider· 2024-11-05 21:38
Business Insider obtained a recording of Amazon CEO Andy Jassy's latest all-hands meeting.Jassy said Amazon's RTO policy is not a 'backdoor layoff' strategy. The RTO policy aims to strengthen company culture, not cut costs, he said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the g ...
Rentokil Initial: A Cockroach Business Coming Back Sooner Or Later
Seeking Alpha· 2024-10-06 12:58
Rentokil Initial (NYSE: RTO ) is a service-based business domiciled in Great Britain. Recently, Rentokil disappointed investors by posting lower than expected growth numbers in its new main market, the U.S., for the third time. The shares nosedived 20% as investors worried about the success I focus on investment ideas about companies that pay a (healthy) dividend while you wait for capital appreciation. I like to find good businesses which reward shareholders. The shares of the company should be for a tempo ...
Rentokil Initial: Significant Potential And Runway For Growth
Seeking Alpha· 2024-10-03 16:19
The stock price of Rentokil Initial plc (NYSE: RTO ) has essentially gone sideways for the last five years. In that time, the company has been profitable but there was no real story around the stock, no catalyst. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in RTO over the next 72 hours. I wrote this article ...
Digicann Ventures Signs Definitive Agreement for Proposed RTO Transaction with 3Win Corp.
GlobeNewswire News Room· 2024-09-28 17:51
/ Not for distribution to U.S. news wire services or for dissemination in the United States / VANCOUVER, British Columbia, Sept. 28, 2024 (GLOBE NEWSWIRE) -- Digicann Ventures Ltd. ("Digicann" or the "Company") (CSE: DCNN) (OTCPK: AGFAF), a company focused on opportunities within and outside of the cannabis industry, announces that, further to its news release dated August 2, 2024, it has signed a definitive Business Combination Agreement (the "Agreement") dated September 28, 2024 with 3Win Corp. ("3Win") i ...
Rentokil Stock Surges as Nelson Peltz Hedge Fund Executive Joins Board
Investopedia· 2024-09-25 15:46
Key Takeaways An executive of Nelson Peltz's Trian Fund Management was named to the Rentokil Initial board. Brian Baldwin, Head of Research at Trian, will join the board as a non-executive member on Oct. 1. Trian took what it called "a significant position" in Rentokil in June, which the company said totaled 2.26% of shares outstanding. American depositary receipts (ADRs) of Rentokil Initial (RTO) gained Wednesday when the pest-control company announced that an executive from activist investor Nelson Peltz' ...
Nelson Peltz's Trian takes board seat at pest control maker Rentokil
CNBC· 2024-09-25 13:08
Pest control maker Rentokil Initial said Wednesday that Trian partner Brian Baldwin would join the Terminix owner's board effective next week. The company said Baldwin, who has worked at Nelson Peltz's firm since 2007, will also join the nominating and compensation committees. The accession comes three months after Trian first disclosed a roughly $400 million position in Rentokil, and two weeks after the company issued a profit warning. Rentokil has struggled since it completed its nearly $7 billion acquisi ...
Amazon cut a popular remote-work benefit months before its strict new RTO rule kicks in
Business Insider· 2024-09-24 20:34
Amazon corporate employees must return to an office five days a week starting January. Amazon updated its policy to immediately end a remote work benefit for most employees. The benefit was popular. Staff used it to stay close to family while working during the holidays. Insider Today NSIDER TODA Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your ...
RTO INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Rentokil Initial plc and Encourages Investors to Contact the Firm!
GlobeNewswire News Room· 2024-09-13 20:00
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Rentokil Initial plc ("Rentokil" or "the Company") (NYSE: RTO). Investors who purchased Rentokil securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RTO. Investigation Details On September 11, 2024, Rentokil disclosed that it expected full-year adjusted pretax profit of ...
Why Shares of Rentokil Plummeted Today
The Motley Fool· 2024-09-11 18:08
Rentokil's latest trading update really bugged the market. Shares of global pest control and hygiene service provider Rentokil Initial (RTO -20.48%) have plummeted 20% as of 1:45 p.m. ET Wednesday, according to data provided by S&P Global Market Intelligence. Providing a trading update earlier this morning, Rentokil warned that its organic revenue growth in North America for the second half of 2024 would only equal roughly 1%, missing management's previous guidance for 2% to 4%. Why is the market so worried ...