Louisianans’ pension funds have frequently been used to advance climate-related proposals within publicly traded companies, according to a report from conservative watchdog group American Accountability … Read more
(Reuters) -A labor union-backing shareholder wrote a letter to the U.S. Securities and Exchange Commission on Friday, saying that Starbucks has failed to disclose costs … Read more
ZURICH (Reuters) – Holcim’s biggest shareholder has given his backing to the building material company’s plan to spin off its North American business through a … Read more
By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank SEB on Thursday proposed a bigger than expected annual shareholder payout in the form of ordinary and special … Read more
Amid growing legal challenges and shifting public opinions, several corporations are reassessing their diversity, equity, and inclusion (DEI) practices. Reports from multiple outlets indicate that … Read more
By Makiko Yamazaki TOKYO (Reuters) – Most Japanese companies feel burdens related to being listed have increased amid growing pressure from shareholders and regulators for … Read more
SYDNEY (Reuters) – Origin Energy will delay a shareholder meeting scheduled for Thursday to vote on a $10.6 billion Brookfield-led consortium bid, according to a … Read more
By Lewis Jackson SYDNEY (Reuters) – Origin Energy shareholder VanEck Australia will support the $10.5 billion bid from Canada’s Brookfield and EIG, according to a … Read more
PARIS (Reuters) – Canadian investment group CDPQ, Alstom’s largest shareholder, on Wednesday welcomed the trainmaker’s action plan to improve its financial situation. “Alstom has undertaken … Read more
By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook users’ data in 2017 and … Read more
By Jonathan Stempel NEW YORK (Reuters) – General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of … Read more
(Reuters) -Republic First Bancorp has postponed its 2022 annual shareholders meeting until Dec. 19 and said it continues to be in talks with parties, including … Read more
(Reuters) -Gold miner Newmont Corp said on Monday it has received a clearance from Australia’s Foreign Investment Review Board to proceed with its proposed A$26.2 … Read more
(Reuters) – USI Insurance Services said on Monday that existing shareholder KKR plans to make a new equity investment of more than $1 billion to … Read more
By Andres Gonzalez, Amy-Jo Crowley, Pablo Mayo Cerqueiro and Hadeel Al Sayegh LONDON/DUBAI (Reuters) – Saudi Arabia’s STC Group has amassed a 9.9% stake in … Read more
By Jonathan Stempel (Reuters) – Allstate agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the insurer of defrauding … Read more
Shareholder Sues Target Over ‘Billions’ Lost After Pride Campaign Backlash Brandon Poulter on August 8, 2023 America First Legal (AFL), a legal activist group, sued … Read more
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order … Read more
(Reuters) – An AMC Entertainment Holdings Inc. shareholder sued the theater chain in Delaware court on Monday, saying AMC is late in holding its annual … Read more
(Reuters) – Chindata Group Holdings said on Thursday Bain Capital, its largest shareholder, did not intend to sell any of its shares in the Chinese … Read more
(Reuters) – UK-based Revolution Beauty said on Monday it could reach a settlement with top shareholder Boohoo over board changes in the coming days, after … Read more
(Reuters) – Electric-truck maker Nikola on Thursday adjourned its annual shareholder meeting for the second time this year, as it could not muster sufficient votes … Read more
MILAN (Reuters) – UniCredit can keep rewarding investors at the current pace for at least another two years, its chief executive said on Tuesday as … Read more
‘Wrecking Ball’: Support For ‘Woke’ Shareholder Proposals Drops As GOP Fights Back John Hugh DeMastri on June 9, 2023 Shareholders this year have expressed far … Read more
Oil Giant’s Shareholder Meeting Devolves Into Chaos As Climate Protesters Attempt To Storm Stage John Hugh DeMastri on May 23, 2023 Climate activists engaged in … Read more
By Svea Herbst-Bayliss NEW YORK (Reuters) – One of Diversified Healthcare Trust’s (DHC) largest shareholders is opposing the real estate investment trust’s merger with Office … Read more
MADRID (Reuters) – Spanish construction giant Ferrovial said on Friday that none of its investors took an option to divest after a majority of its … Read more
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said on Wednesday. This comes days … Read more
HONG KONG (Reuters) – Top shareholder of HSBC renewed its call for breaking up of the Asia-focused bank on Tuesday, saying the lender has failed … Read more
HONG KONG/LONDON (Reuters) – HSBC’s biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting … Read more
By Katherine Masters NEW YORK (Reuters) – Activist shareholder platform Tulipshare is calling on Nike to offer more transparency on working conditions in its supply … Read more
(Reuters) – CVS Health Corp will enhance its data privacy disclosures following a shareholder proposal that asked the pharmacy chain to address concerns around threats … Read more
Apple Investors Reject Shareholder Proposal To Audit ‘Inclusion’ And ‘Diversity’ Policies Jason Cohen on March 10, 2023 Apple’s shareholders rejected a proposal by the National … Read more
(Reuters) – AMC Entertainment Holdings Inc will face an April 27 hearing in a lawsuit claiming it circumvented shareholders who were against adding more shares, … Read more
By Svea Herbst-Bayliss NEW YORK (Reuters) – The hedge fund industry trade association MFA on Thursday backed an activist investment firm’s push to reverse “draconian” … Read more
By Muhammed Husain and Shadia Nasralla (Reuters) -Capricorn Energy’s chairperson, chief executive and three other directors have quit the board after weeks of shareholder pressure, … Read more
MILAN (Reuters) – Italy’s UniCredit may have room to pay out more to shareholders from 2022 earnings than the year before, potentially adding to rewards … Read more
BERLIN (Reuters) – Tourism company TUI is open to a new major shareholder after Russian billionaire Alexey Mordashov has been sidelined by European Union sanctions … Read more
PARIS/MILAN (Reuters) – Telecom Italia (TIM) said its biggest shareholder Vivendi on Monday relinquished its board seat, as Italy’s new government weighed options to take … Read more
(Reuters) – Canadian miner Turquoise Hill Resources Ltd said on Tuesday it would delay by a week to Nov. 8 a special shareholder meeting to … Read more
ZURICH (Reuters) – Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23 for shareholders to approve a … Read more
(Rewords 2nd paragraph) MILAN (Reuters) – The top investor of Mediaset Espana has no plan to oust Paolo Vasile from the role of CEO at … Read more
ZURICH (Reuters) – Resistance from shareholders and United States regulators torpedoed Swiss bank UBS’s $1.4 billion bid for U.S. digital wealth management group Wealthfront, Swiss … Read more
(Reuters) -AGL Energy’s top shareholder, Grok Ventures, nominated four additional directors to the Australian power producer’s board on Wednesday, a day before the company is … Read more
(Reuters) – Faraday Future Intelligent Electric Inc said on Monday the electric-vehicle startup had reached an agreement with its largest shareholder to resolve a governance … Read more
By Jonathan Stempel NEW YORK (Reuters) – Deutsche Bank AG agreed to pay $26.25 million to settle a U.S. shareholder lawsuit accusing the German bank … Read more
(Reuters) – Faraday Future Intelligent Electric shareholder FF Top Holding has sued the electric vehicle startup seeking the removal of two board members, according to … Read more
(Reuters) – The operator of the Templeton Global Income Fund early this year discussed plans with its second-largest investor that made it more difficult for … Read more
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday dismissed a lawsuit by Abengoa SA shareholders accusing the Spanish engineering and energy … Read more
(Reuters) – Faraday Future Intelligent Electric Inc on Monday refuted claims made by the electric vehicle startup’s largest shareholder regarding its rights as a stakeholder. … Read more