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 Foundation (AAF). The Louisiana State…
(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 arising from anti-union campaigns, which…
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 listing on the New York…
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 dividends, though fourth-quarter net profit…
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 this reevaluation comes in response…
By Makiko Yamazaki TOKYO (Reuters) – Most Japanese companies feel burdens related to being listed have increased amid growing pressure from shareholders and regulators for better governance and capital strategies,…
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 person familiar with the situation.…
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 senior executive, one of only…
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 a necessary action plan –…
By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook users’ data in 2017 and 2018 was revived by a…
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 concealing risks at its power…
(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 Norcross-Braca Group, to assess potential…
(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 billion ($16.86 billion) takeover of…
(Reuters) – USI Insurance Services said on Monday that existing shareholder KKR plans to make a new equity investment of more than $1 billion to become the largest stakeholder. Private…
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 Telefonica worth 2.1 billion euros…
By Jonathan Stempel (Reuters) – Allstate agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the insurer of defrauding them by concealing that it…
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 the Target Corporation and its…
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 to shore up revenue in…
(Reuters) – An AMC Entertainment Holdings Inc. shareholder sued the theater chain in Delaware court on Monday, saying AMC is late in holding its annual meeting where shareholders elect members…
(Reuters) – Chindata Group Holdings said on Thursday Bain Capital, its largest shareholder, did not intend to sell any of its shares in the Chinese data center operator after a…
(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 the beauty products retailer said…
(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 for a proposal to increase…
MILAN (Reuters) – UniCredit can keep rewarding investors at the current pace for at least another two years, its chief executive said on Tuesday as the bank prepared to launch…
‘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 less support for resolutions pushing…
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 more than an hour of…