Dennis Berman on Muck Rack

Dennis Berman Verified

New York, NY
Business Editor — Wall Street Journal

Wall Street Journal's Business Editor. Running coverage including tech, media, health, resources, retail, transport and beyond. Kentuckian.

My Sold Kentucky Home: A College Basketball Fan’s Disillusionment — This was supposed to be my annual column for taunting the gimmick-riddled realm of Kentucky basketball. Then three weeks ago, a shock came across my Twitter feed. The starting point guard for my hometown squad-Louisville-was charged with raping two women in one night.

Seeking a Cure for Raging Corporate Activism — Not unlike unearthing a lost herbal remedy, Brian O'Kelley recently rediscovered an ancient treatment for cases of raging corporate activism. It's called tenure voting. First deployed in the 1980s and since fallen out of vogue, it's a simple concept with intriguing consequences for U.S. companies.

A Radical Idea for Activist Investors — Activist investors are like UPS drivers. They turn in only one direction. By now, the activists' rise is remarkable for its sheer scale and ferocity, with some $119 billion placed in their hands. Last year, they pursued 343 companies, up 27% from the year before, according to FactSet.

GE Vice Chairman Rice Says GE Portfolio ‘Has Never Had More Clarity’ — One of the top leaders of General Electric Co., John Rice, said that the company has "never had more clarity in its portfolio," defining the U.S. stalwart as "a company of world-class infrastructure businesses and a smaller but very well-equipped financial-services business."

Ontario Pension Fund Leader Calls All Asset Classes ‘Expensive’ — The head of one of the world's largest pension funds said that across asset classes, "everything is expensive." Ron Mock, who leads Canada's $141 billion Ontario Teachers' Pension Plan, said that the plan would continue to seek out original and creative deals.

AT&T Reviewing DirecTV Unit’s Name — AT&T Inc. has put the name of its DirecTV unit under review, according to company chief executive Randall Stephenson. In an interview at the World Economic Forum in Davos, Switzerland, Mr. Stephenson said the U.S. telecommunications company is considering whether a name change-perhaps to a simple "AT&T"- makes sense for the country's...

L’Oréal CEO Says Strong Dollar Boosts Earnings — DAVOS, Switzerland-The chief executive of the world's largest cosmetics company, L'Oréal SA, said that a strong dollar and weak oil prices were boosting the French group's profit and revenue. In an interview at the World Economic Forum in Davos, Switzerland, Jean-Paul Agon said that the dollar's strength would flow directly to the bottom line of...

Marriott CEO Sees Positive Momentum in U.S. Economy — Marriott International CEO Arne Sorenson sounded an upbeat tone about the U.S. economy Wednesday, in an interview at the World Economic Forum in Davos, Switzerland. Mr. Sorenson said most Americans were underestimating the depth of the recovery under way in the U.S. "Momentum is building," he said, in large part because of the declining price of oil.

Low Oil Prices Affecting Maersk Oil Business, Helping Global Trade Volumes — Nils S. Andersen, the chief executive of shipping and infrastructure company Maersk Group, sounded a cautiously optimistic tone about the company's prospects in the face of falling oil prices. Maersk has significant operations in oil exploration, drilling and transport, and the recent drop in global prices has hit the company, Mr. Andersen said in an interview at the World Economic Forum in Davos, Switzerland.

Brenntag CEO Sees ‘Green Lights’ Across World Economies — Brenntag AG Chief Executive Steve Holland said in an interview with The Wall Street Journal that there were "green lights" across world economies, based on his views of chemical distribution around the globe. Brenntag, which distributes chemicals in 70 countries from more than 480 locations, continues to grow revenues as chemical supply chains consolidate and customers increase end demand.
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Apr 23, 2015

How long until an activist attacks Amazon and demands Web Services become a standalone company? Let's set over/under at 2 years. $AMZN

Apr 23, 2015

Bemoan Amazon's profitability all you want, but Web Services seems a killer business: Growing at 50% and 17% margins.

Apr 23, 2015

28% of Americans say they did not engage in a single physical activity in 2014.

Apr 22, 2015

Hacked Sony emails yield surprise revelation: A foolproof way to get admitted to Brown University. (HT @samfbiddle)

Apr 21, 2015

A must-read: Definitions of 17 "native ad" buzzwords that all mean the same thing.

Apr 15, 2015

Crazy and true: In 1977, over 50% of U.S. households owned a gun. In 2014, the number is 31%. (HT @marcelolprince)

Apr 15, 2015

Netflix stock up 3976% since 2005: It's worth $32 billion, now more than CBS, Viacom, Liberty and even HBO. $NFLX

Apr 10, 2015

July 23, 1956: The last time an American president shook hands with a Cuban leader.

Apr 10, 2015

Are you an experienced, curious editor and leader? A great new WSJ gig just opened for you. Details here:

Apr 10, 2015

BIG and BREAKING: GE is increasingly likely to shed the bulk of its $500 billion GE Capital behemoth.

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