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  "documentTitle": "Hess Corporation (HES)",
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  "notes": "Uses a combination of a table for performance metrics and a line chart for relative stock performance to expose the CEO's narrative shift.",
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      "text": "Announcement of latest strategic plan that started in \"2009\" (later revised to 2010 start)",
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      "text": "Elliott's intent to nominate directors announced",
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      "text": "Elliott begins to accumulate substantial amount of stock",
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      "text": "You can't judge us on a one-year basis. You have to do it over the long term.",
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      "text": "\"You can't judge us on a one-year basis. You have to do it over the long term.\"",
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      "text": "\"You can't judge us on a one-year basis. You have to do it over the long term.\" — John Hess, January 2010; \"Since July 24, 2012, the last day of trading before we announced our updated strategy, Hess shares have increased...\" — John Hess, January 2013",
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      "text": "Source: Bloomberg, Company filings. 1. Hess 4Q 2009 Earnings call. 2. Hess press release, January 28, 2013. 3. As of 11/28/12, date before which Elliott began to purchase a substantial amount of Hess stock.",
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      "text": "Unrelenting Underperformance, Including Most Recent \"Transformation\" Meanwhile, CEO Shifts Time Period He Wants Shareholders to Evaluate",
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