Disney Shareholders Reject Major Push From Activist Investors
Disney shareholders on Wednesday voted down a bid by hedge fund Trian Partners to put two activist investors on the board to help boost the company’s stock price, according to ABC News.…
Analysis-Exxon Mobil’s megadeal to test climate-aware shareholders
By Svea Herbst-Bayliss, Tommy Wilkes and Simon Jessop BOSTON (Reuters) – Exxon Mobil’s $60 billion bid for Pioneer Natural Resources would expand the top U.S. oil producer’s footprint in the country’s biggest…
Global Net Lease shareholders approve deal with Necessity Retail
NEW YORK (Reuters) -Shareholders in real estate investment trust Global Net Least Inc approved a planned merger with The Necessity Retail REIT to form the third-largest net lease REIT, the company said…
Brazil Burger King brand owner’s shareholders reject poison pill in win for Mubadala
SAO PAULO (Reuters) – Zamp, the owner of the Burger King brand in Brazil, said on Tuesday its shareholders rejected a proposal to include a poison pill in its internal bylaws, a…
Shareholders ask China’s Hollysys to set special meeting amid takeover frustration
By Svea Herbst-Bayliss NEW YORK(Reuters) – Shareholders in China’s Hollysys Automation Technologies owning a total 32.2% of the automation control system maker’s shares asked the board of directors to set a special…
Republic First Bancorp in preliminary talks with shareholders to raise capital
(Reuters) – Republic First Bancorp is in talks with a group led by activist investor George Norcross regarding an equity investment and a broader capital raise, according to a regulatory filing on…
JPMorgan’s Dimon, Staley urge end to shareholders’ Jeffrey Epstein lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Jamie Dimon and Jes Staley do not agree on who to blame for JPMorgan Chase’s relationship with former client Jeffrey Epstein, but agree that a…
Meta Shareholders Reject Proposal To Publish US Government’s Censorship Requests
Meta Shareholders Reject Proposal To Publish US Government’s Censorship Requests Jason Cohen on May 31, 2023 Meta shareholders on Wednesday voted to reject a proposal to report on government censorship requests at…
Chevron shareholders reject proposals on climate at annual general meeting
HOUSTON (Reuters) – Oil major Chevron Corp’s shareholders overwhelmingly voted against proposals on climate, including emissions. About 90.4% of preliminary votes cast were against a proposal to set a medium-term scope 3…
BlackRock’s Board Fends Off Climate Proposals From Left-Wing Shareholders At Annual Meeting
BlackRock’s Board Fends Off Climate Proposals From Left-Wing Shareholders At Annual Meeting Jason Cohen on May 24, 2023 Investment firm BlackRock’s board of directors recommended voting to oppose two climate report proposals…
Shareholders of Evergrande’s EV unit agree on restructuring deal
By Xie Yu HONG KONG (Reuters) – Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two subsidiaries in a restructuring, according to a filing with the…
Berkshire shareholders reject climate, diversity proposals; keep Buffett as chairman
By Jonathan Stempel OMAHA, Nebraska (Reuters) – Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals for environmental, social and governance changes at Warren Buffett’s conglomerate, all of which the billionaire…
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints Jason Cohen on April 28, 2023 Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies…
US cannabis firm Greenlight issues first dividend to shareholders
By Arunima Kumar (Reuters) – Cannabis company Greenlight said on Tuesday it has issued a dividend to its shareholders, calling the move a first by a large multi-state operator. “We sent out…
Exclusive-Glencore CEO to meet Teck shareholders in Toronto in bid for deal support
By Divya Rajagopal TORONTO (Reuters) – Glencore Plc Chief Executive Gary Nagle plans to meet with some of Teck Resources Ltd’s Canadian shareholders in Toronto this Thursday to personally lobby them for…
UBS shareholders re-elect Kelleher as Chairman, board members
BASEL (Reuters) – UBS shareholders voted to re-elect Colm Kelleher as chairman at the Swiss bank’s annual general meeting on Wednesday. Kelleher received 89.9% of votes, a sign of shareholders’ confidence in…
Some TD shareholders urge bank to ditch or renegotiate First Horizon deal
By Maiya Keidan TORONTO (Reuters) – TD Bank Group should abandon or renegotiate its $13.4 billion acquisition of U.S. lender First Horizon as the regional banking crisis has unearthed unknown risks, some…
Silicon Valley Bank Hit With Lawsuit For Failing To Disclose Risks To Shareholders
Silicon Valley Bank Hit With Lawsuit For Failing To Disclose Risks To Shareholders Katelynn Richardson on March 13, 2023 A Silicon Valley Bank (SVB) shareholder filed a class-action lawsuit against the company…
Americanas proposes $1.9 billion for creditors from top shareholders
SAO PAULO (Reuters) – Bankrupt Brazilian retailer Americanas SA said on Tuesday it has offered a capital injection to its creditors of 10 billion reais ($1.93 billion) which would come from top…
Americanas’ top shareholders boost injection offer to $1.9 billion -Bloomberg News
(Reuters) – The top shareholders of retailer Americanas SA are informally offering a capital injection of 10 billion reais ($1.9 billion), Bloomberg reported on Thursday, after creditors rejected an initial offer of…
ECB’s top three shareholders chart different paths for rates
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s top three shareholders charted different paths for interest rates on Wednesday, in a preview of the difficult debate awaiting…
AMC shareholders sue company over vote to add shares
(Reuters) – AMC Entertainment Holdings Inc shareholders have filed a lawsuit in Delaware accusing the movie theater chain of bypassing them in a bid to increase the number of shares. Allegheny County…
ISS urges Apple shareholders to vote for CEO Tim Cook, other execs’ pay packages
(Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has urged Apple Inc’s investors to vote for its director nominees and the pay packages for top executives, including Chief Executive Tim Cook.…
Disney shareholders set to vote on Peltz at April 3 annual meeting
(Reuters) – Walt Disney Co said on Monday it had set its annual shareholder meeting on April 3, with a focus on activist investor Nelson Peltz’s bid seeking a seat on the…
Russia to let some companies disregard foreign shareholders
(Reuters) – Russia is set to allow some companies to disregard the votes of shareholders from what it regards as “unfriendly” countries when making corporate decisions, according to a decree signed by…
Australia’s ANZ shareholders vote to amend corporate holding structure
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two different groups. The…
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