Griffon (NYSE:GFF) declared that its board has initiated a stock buyback program, which allows the company to buyback $50.00 million in shares on ...
Elon Musk has no plans to relinquish his dual role as chairman and chief executive officer of Tesla, he said in an interview with the New York Times on Thursday...
As Musk Admits to Job Stress, Tesla's Board May Have to Act Elon Musk's erratic behavior was front and center again this week as the CEO of Tesla conceded that he's overwhelmed by job stress, pushing his electric car company's stock down and bringing pressure on its board to take action. Scott Budman reports.
(Reuters) - Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance...
Tesla Motors More Tesla co-founder and CEO Elon Musk turned Wall Street on its head when he unexpectedly announced he had the funding required to take the firm private. He was completely serious, and not every member of the company’s board of directors is pleased with the idea. The board has formed a three-person committee and appointed a legal counsel to closely examine any proposal to take Tesla private — if it ever receives one.
Some members of the board have grown alarmed by what they see as Mr. Musk’s erratic behavior, the New York Times reports...
The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period. More The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period...
Elon Musk and His Fight With the SEC For the SEC—which, like many enforcement agencies, enjoys making headlines with shows of force—investigating Elon Musk's tweet about taking Tesla private could be an easy win. Joshua Lott/Getty Images UPDATE: On Wednesday, August 15, the Fox Business Network reported that Tesla received subpoenas from the US Securities and Exchange Commission. The Wall Street Journal and New York Times later confirmed the reports.
A production associate works on a Tesla Model 3 at the Tesla factory in Fremont, Calif. on Wednesday, July 18, 2018. (Ray Chavez/Bay Area News Group) By Rex Crum | | Bay Area News Group PUBLISHED: August 14, 2018 at 7:59 am | UPDATED: August 14, 2018 at 6:20 pm They might not be the Model 3, but three of Tesla’s independent board directors could soon be at the center of the latest drama involving the electric carmaker.
Musk publicly floated the possibility of a buyout last week, and the company has been offering updates and added context in the days since...
Activist investor Carl Icahn has reversed his position on US health insurer Cigna’s purchase of pharmaceutical subscription company Express Scripts...
An Australian telecom executive, the leader of a cosmetics company, and the former finance chief of Elon Musk 's solar-power company are now in charge of deciding Tesla Inc. 's fate. The board of the electric-car maker formed a special committee to evaluate its chief executive officer's proposal to take the company private, a day after he revealed more on who will advise him and help fund the potential deal.
Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale...
(Bloomberg) -- Dean Foods Co., the largest U.S. milk bottler, cut its profit forecast last week. A day later, it amended an incentive compensation plan for senior executives, severing a link between earnings and some of their potential bonus payments...
An activist Brookdale Senior Living shareholder last week took the company to task for blocking corporate governance changes and called for it to sell ...
... advising companies on contentious M&A transactions, proxy fights and corporate governance issues into one of the more well-known on Wall Street...
Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns more than 8% of Nielsen, worth at least $640 million, people familiar with the matter said Sunday. Elliott, which has been launching campaigns at a blistering pace this year, could unveil the new effort as soon as Monday. Multiple...