Thursday, May 2, 2024

Activist investor Elliott buys stake in Japan's Sumitomo, source says

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The HoCo chairs note that Eliot excels in rowing and volleyball, but even when they do not come out on top, the entire House receives a funny and extensive email play-by-play of the game. Eliot residents are full of house spirit and pride, and many often turn out to watch intramurals as well. His aim was for undergraduates to develop wider circles of friends and for House administrators and tutors to support student needs; each House was designed with a dining hall, library, and senior and junior common rooms for study, meetings, and collaboration.

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There are actually four elephants visible in the architecture of the house. Mitsui Fudosan released a plan in April to sell assets and increase buybacks, two months after news of Elliott’s stake in the firm, while Dai Nippon Printing announced its largest-ever stock buyback in March 2023 following pressure from the activist fund. I'm Andrés and I'm excited to be a part of the Eliot community as a non-resident tutor. Legendary investor Warren Buffett announced in 2020 that his company, Berkshire Hathaway, had acquired stakes in Japan's top five trading houses, including Sumitomo.

These are the iconic dwellings where first-years will go on to live

The HoCo chairs were also especially excited about “Espresso Dave.” For 20 years, “Espresso Dave” has come to Eliot before finals to provide students with a free Starbucks-eque menu. While the actual barista (and therefore the barista’s name) has changed, Eliot residents still call them “Espresso Dave” and that’s that. The crow’s nest inside the bell tower at Pforzheimer gives views of Boston on all four sides of the lantern, and the lights can be programmed to shine in a kaleidoscope of colors. The American Institute of Architects selected the faculty row townhouses project for a 1973 honor.

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Berkshire Hathaway Inc. holds about 8.3% of Sumitomo, according to data compiled by Bloomberg. It also invests in other trading firms including Mitsubishi Corp., Mitsui & Co., Itochu Corp. and Marubeni Corp., and has said it hopes to eventually own 9.9% of each. Elliott Smith was released in November 2010 by Domino Records (UK) and Kill Rock Stars (US). I am thrilled to start my fifth year as Resident Dean of Eliot House.

In February, he said in his letter to investors that the companies follow shareholder-friendly policies that are “superior” to those practiced in the US. Sumitomo shares reached their highest ever last week, and have climbed 27% this year. The size of the activist group’s investment is around “several tens of billions of yen,” the person said, asking not to be identified because the transaction hasn’t been publicly disclosed. Every ¥10 billion ($64 million) investment is equivalent to a 0.2% stake in Sumitomo, based on Friday’s closing share price of ¥3,909. Elliott Smith and the Big Nothing, a biography by Benjamin Nugent, was rushed to publication shortly after From a Basement on the Hill, shortly after the first anniversary of his death. Smith's family, as well as Joanna Bolme, Jennifer Chiba, Neil Gust, Sam Coomes, and Janet Weiss, all declined to be interviewed.

Initial Planning Underway for Eliot House Renovations News - Harvard Crimson

Initial Planning Underway for Eliot House Renovations News.

Posted: Mon, 05 Feb 2024 08:00:00 GMT [source]

Often heard in the house is our beloved motto “Floreat Domus de Eliot”, which roughly translates to “Long Flourish Eliot House! Big days in a Domus year include the Annual Charity Bash and the legendary spring formal Fête. Big days in a Domus year include the Housing Day and the legendary spring formal Fête. A five-song CD featuring previously unreleased live recordings of Smith performing acoustically at Largo in Los Angeles was included in the release. I can't blieve that i have been part of this amazing community for 21 years and it's safe to say, that I probably have one of the best jobs at Harvard.

eliot house

Three will receive 2024 Harvard Medal

I meet the students as FYs when they get their housing assignments on that famous Thursday in March and then I see them three years later walking across the terrace to receive their diplomas, and not to mention all the great things in between. While working at Eliot House I have met some great people, made lasting friendships, planned many functions and have done a lot of baking for the Faculty Deans, Open Houses.I am here to help you with any housing questions or concerns, reserving a room, or if you just want to chat. My office is located on the second floor of N entryway and is always open. The stock jumped as much as 9.1% Tuesday in Tokyo, leading its peers higher. The size of Elliott’s investment is around “several tens of billions of yen,” according to a person familiar with the matter. The company has engaged with Sumitomo and shared its views on ways to create shareholder value, the person said.

Early life

Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter. Eyer, the CMPD officer whose death was announced Monday night, is survived by his wife and a 3-year-old son, the police chief said. The secretary of the state Adult Corrections Department identified two of the other people killed as Samuel Poloche and William "Alden" Elliott, both of whom had been with the department for 14 years and were on the marshals task force. Eliot’s supportive community shines in their avid intramural participation.

Eliot housing project: Restaurateur Jay McSharry proposes age 55-plus community - Seacoastonline.com

Eliot housing project: Restaurateur Jay McSharry proposes age 55-plus community.

Posted: Thu, 04 Apr 2024 07:00:00 GMT [source]

About three hours later, he drove to a sorority house and, after failing to get inside, shot three women outside, two of whom died. He next drove past a nearby deli and shot and killed a man who was inside. He then drove around Isla Vista, shooting and wounding several pedestrians from his car and striking others with his car.

With Eliot branded theater chairs and movie posters along the walls, being in the Golden Arm feels like a true movie theater experience. In the past, Eliot house has had a film club that met every week to watch a movie that the whole house got to vote on. The House Committee gave grant money to the club in order to provide snacks and beverages for the screening. Although the movie club dissolved, the House Committee continues to host regular movie screenings in the Golden Arm. Japanese trading houses’ shares have surged to records since Buffett said a year ago that he would be raising his holdings in them.

Pforzheimer, or PfoHo, as it’s known pfar and wide, is farthest north of all of Harvard’s undergraduate Houses; thus its polar bear mascot. Central in the horseshoe-shaped Radcliffe Quadrangle, with its wide and expansive lawn, is the well-proportioned and impressive Moors Hall, PfoHo’s showpiece. The house was originally built to accomodate two-hundred and ninety-four students in forty-seven single suites, ninety double suites, twenty-one triple suites, and one quadruple, ranging in price for each student from $100 to $580 a year. Freshmen (and they were, really, only men) were required to apply and interview for entrance to the House.

Of all Harvard’s undergraduate Houses, no building brings the outdoors inside like Currier. “The tree house” is all about the landscape where alternate sloping and sunken hillsides are organic, serene, and tree-filled. In the common room called “the fishbowl” there are oversized windows that face the slopes. On a winter day this space transforms to feel more like a snow globe than a fishbowl. On Friday, Housing Day, first-year students will find out which House they will live in for the rest of their time at Harvard. Similarly, the Eliot elephant comes from the crest of the Eliot family coat-of-arms and apparently, its facial characteristics were inspired by the profile of the first master of the House, Roger "Frisky" Merriman, and drawn by President Eliot's grandson.

TOKYO (Reuters) - U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth several tens of billions of yen, a person familiar with the situation said on Tuesday. She died on July 29, 1974 at the age of 32 while in London to perform a series of concerts as a solo performer at the London Palladium. She passed away in her sleep at the London flat owned by Harry Nilsson at 9 Curzon Place, London where she was staying. According to her autopsy, her death was due to “heart failure due to fatty myocardial degeneration due to obesity”. Smith recounts that on her “first day moving in, [she] ran into someone who lived on the fifth floor and he just immediately helped [her] carry [her] things upstairs.” So, if you want to experience a fun meet-cute on your first day of school, Eliot could be the place for you!

Describing Eliot House in the late 1950s and early 1960s, author Alston Chase wrote, "[A]lthough most Harvard houses in those days reflected the values of Boston Brahmin society ... Eliot was more extreme". The Eliot Grille is one of the best hangout spots in Eliot and on campus as a whole. The checkered floors, flame-adorned walls, and fire-red booths give it the feel of a retro diner.

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