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.…
Shareholders reelect McDonald’s directors, Icahn loses board battle
By Svea Herbst-Bayliss BOSTON – Shareholders have reelected all of McDonald’s Corp’s directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win…
Amazon shareholders vote against investor-led proposals
NEW YORK – Amazon.com Inc shareholders on Wednesday voted against all 15 investor-led resolutions that challenged the company’s policies – including its use of plastics and certain concealment clauses in contracts –…
Majority shareholders vote in favor of delisting Didi from New York
(Reuters) – Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company’s shareholders voted in favor of the plan, putting to rest a…
Spirit board urges shareholders to reject JetBlue’s tender offer
(Reuters) – Spirit Airlines Inc said on Thursday its board had urged shareholders to reject the unsolicited buyout offer from JetBlue Airways Corp. The offer was not in the best interest of…
Intel shareholders reject compensation packages for top executives
(Reuters) – Intel Corp shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger, a regulatory filing showed on Monday.…
ISS recommends McDonald’s shareholders back management directors in fight with Icahn
BOSTON – Proxy advisory firm Institutional Shareholders Services on Monday recommended that McDonald’s Corp shareholders vote for the company’s directors instead of the two candidates activist investor Carl Icahn has proposed. “The…
Philips shareholders vote against executive compensation plan
AMSTERDAM – Philips shareholders voted against the company’s executive compensation plan at the annual shareholders’ meeting on Tuesday, ANP reported, in a protest over the company’s recent poor results and product recalls.…
Occidental shareholders reject climate proposal from activist investors
By Sabrina Valle HOUSTON – Occidental Petroleum Corp shareholders on Friday voted against a proposal by activist investor group Follow This to extend the company’s current carbon emissions reduction targets. More than…
Berkshire shareholders overwhelmingly vote to keep Buffett chairman
(Reuters) – Berkshire Hathaway Inc shareholders voted by an almost 9-to-1 margin to keep Warren Buffett as both chairman and chief executive, and his company regained compliance with New York Stock Exchange…
Netflix shareholders sue over subscription slump disclosures
By Jody Godoy (Reuters) – Netflix Inc has been hit with a shareholder lawsuit in a U.S. court in California accusing the streaming entertainment company of misleading the market about its ability…
Berkshire shareholders look beyond Warren Buffett, Charlie Munger
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. – Berkshire Hathaway Inc shareholders face a question that Warren Buffett sought to tackle at the company’s annual meeting: How will Berkshire fare when…
Activision Blizzard shareholders approve $68.7 billion Microsoft deal
(Reuters) – Videogame publisher Activision Blizzard Inc said on Thursday that its shareholders approved Microsoft Corp’s $68.7 billion proposal to buy the “Call of Duty” maker. More than 98% of the shares…
Shareholders Defeat Woke Climate Proposals At Three Massive Banks
Shareholders Defeat Woke Climate Proposals At Three Massive Banks Thomas Catenacci on April 27, 2022 Shareholders of three massive U.S. banks delivered a thumping to climate activists, soundly rejecting proposals to end…
Tesla shareholders lose bid for ‘gag order’ against Elon Musk
(Reuters) – A federal judge on Wednesday rejected an effort by Tesla Inc shareholders to obtain a “gag order” preventing Elon Musk from publicly discussing their lawsuit accusing him of deceiving them…
Factbox-Atlantia’s main shareholders and businesses
MILAN – Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of Italian road and airport operator Atlantia last week after talks with its main shareholder the Banettons, the two funds…
UBS shareholders back bank’s climate roadmap
By Brenna Hughes Neghaiwi ZURICH – UBS shareholders on Wednesday approved the bank’s climate roadmap, after its first-ever such vote faced pushback from several investors and climate campaigners as not going far…
Swiss Re shareholders urged to oppose chairman’s re-election in gender row -FT
ZURICH – Swiss Re shareholders have been urged to vote against the re-election of Chairman Sergio Ermotti at the reinsurance company’s upcoming annual general meeting, The Financial Times reported on Wednesday. Proxy…
Some Credit Suisse shareholders don’t want to absolve executives of Greensill losses – FT
ZURICH – Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving senior executives from losses racked up in the Greensill affair,…
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Butterfly Network, Inc. f/k/a Longview Acquisition Corp., of Class Action Lawsuit and Upcoming Deadline – BFLY
NEW YORK, March 26, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) (NYSE: BFLY)…
Toshiba investor 3D hails shareholders’ rejection of separation plan
TOKYO – Singapore-based fund 3D Investment Partners is pleased that shareholders of Toshiba Corp rejected the Japanese conglomerate’s separation plan, the fund said on Friday. In a statement, the fund called for…
Singapore Press says shareholders approve acquisition by Cuscaden Peak
SINGAPORE – Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder Keppel Corp’s offer. Both Cuscaden Peak and…
BP urges shareholders to oppose Follow This climate resolution at AGM
LONDON – BP’s board on Friday recommended investors vote against a shareholder resolution filed by Dutch activist group Follow This urging the British energy company to accelerate its energy transition strategy. In…
SHARHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Butterfly Network, Inc. f/k/a Longview Acquisition Corp., of Class Action Lawsuit and Upcoming Deadline – BFLY
NEW YORK, March 16, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) (NYSE: BFLY) and…
SHARHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Butterfly Network, Inc. f/k/a Longview Acquisition Corp., of Class Action Lawsuit and Upcoming Deadline – BFLY
NEW YORK, March 8, 2022 — Pomerantz LLP announces that a class action lawsuit has been filed against Butterfly Network, Inc. (“Butterfly” or the “Company”) f/k/a Longview Acquisition Corp. (“Longview”) (NYSE: BFLY) and…
U.S. judge says Palihapitiya must face Clover shareholders’ lawsuit
By Jody Godoy – A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp and its executives must face a lawsuit that claims they misled investors about the…
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