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  "documentTitle": "Arconic Inc. (ARNC)",
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      "text": "The reaction to Elliott's call for change has been astounding",
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      "text": "Beyond just management and board overhaul, the big key is getting a better grasp on spending. This includes its unnecessarily expensive headquarters...",
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      "text": "EPS and PCC Comparison is Warranted... Our analysis suggests EPS should be able to close the gap with PCC to within 100-150bp.",
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      "text": "There IS a large margin gap between Arconic's engineered product business... Its stock HAS underperformed... Kleinfeld SHOULD face questions...",
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      "text": "We see as much as 20% downside if Kleinfeld continues as CEO.",
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      "text": "It is hard to see him [Dr. Kleinfeld] surviving.",
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      "text": "I think there is a legitimate question that's being raised by Elliott which is how long before Klaus really delivers versus his peers...",
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      "text": "A change in management style would confer more conviction in ARNC's 'undisturbed' margin expansion plan.",
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      "text": "Our analysts currently have a price target for ARNC of $36 per share... Despite ARNC running up over 30% since our recommendation...",
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      "text": "\"There IS a large margin gap between Arconic's engineered product business... Kleinfeld SHOULD face questions about why he got 2016 guidance so wrong for Arconic.\" — Bloomberg, February 7, 2017; \"I think there is a legitimate question that's being raised by Elliott which is how long before Klaus really delivers versus his peers...I think it would be a better company if the Elliott guys got on this board than this current board.\" — Jim Cramer, February 1, 2017; \"We see as much as 20% downside if Kleinfeld continues as CEO.\" — Gordon Haskett, February 13, 2017; \"It is hard to see him [Dr. Kleinfeld] surviving.\" — The New York Times, February 28, 2017",
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      "kind": "title",
      "text": "Overwhelming Support for Change (cont.)",
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