WILMINGTON, Del. (Reuters) - Travis Kalanick, the co-founder of ride-hailing company Uber, and the company’s directors won the dismissal of an investor lawsuit that sought to hold them liable for a fight over trade secrets that slowed Uber’s push into autonomous vehicles...
ROZZANO, Italy (Reuters) - Telecom Italia shareholders on Friday approved top investor Vivendi’s offer to withdraw a request to replace some board directors at the Italian phone group...
(Reuters) - General Electric Co. on Monday elected Paula Rosput Reynolds to its board of directors, replacing John Brennan who had earlier announced his intention to retire...
(Reuters) - Activist investor Elliott wants Thyssenkrupp ( TKAG.DE ) to give its business divisions more autonomy to pursue promising ventures, an Elliott executive told German daily Die Welt, following a leadership crisis at the German engineering group...
(Reuters) - Activist investor John Paulson’s hedge fund on Thursday nominated eight members to Detour Gold Corp’s board and reiterated its call for a special shareholder meeting, ratcheting up pressure on the gold miner...
(Reuters) - Hong Kong billionaire businesswoman Pollyanna Chu, who made her fortune from Macau’s VIP gaming parlours and margin financing, has lost nearly three-fourths of her wealth this year, a rapid decline that sees her slip down the list of Asia’s wealthiest...
LONDON (Reuters) - British regional newspaper publisher Johnston Press’s ( JPR.L ) biggest investor said on Tuesday that it is willing to help to refinance the company and called on the board to consult shareholders on its options...
(Reuters) - Activist investor John Paulson’s hedge fund on Thursday urged Detour Gold Corp to call a special shareholder meeting to replace a majority of the company’s directors, as it pushes for change at the Canadian gold miner...
NEW YORK/WASHINGTON (Reuters) - The U.S. securities regulator has shelved a proposed Obama-era reform that would have given shareholders in companies more freedom to vote for their preferred candidates during contested board elections, people with direct knowledge of the matter told Reuters...
(Reuters) - Activist shareholder Elliott called on GEA Group to appoint a new chief executive quickly, replace Chairman Helmut Perlet and buy back shares, adding to pressure for speedy and sweeping changes at the German food processing company...
(Reuters) - Major Thyssenkrupp shareholder Cevian called for further restructuring of the German conglomerate on Sunday, a day after it sealed a steel joint venture with India’s Tata Steel...
(Reuters) - Activist investor Carl Icahn said on Thursday he had reduced his stake in liquefied natural gas exporter Cheniere Energy Inc ( LNG.A ) to 9.5 percent, but added that he was confident in the company’s management and Chief Executive Officer Jack Fusco...
June 26, 2018 / 10:44 AM / in 31 minutes Activist investor Icahn raises stake in oil producer Energen Reuters Staff 1 Min Read (Reuters) - Activist investor Carl Icahn boosted his stake in Energen Corp ( EGN.N ), a filing showed on Tuesday, as he eyes a potential takeover of the oil and gas producer...
(Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance...
(Reuters) - Activist investor Land & Buildings on Thursday resumed its criticism of department store owner Hudson’s Bay Co ( HBC.TO ), urging it to correct its underperformance and extract value from its substantial real estate holdings...
(Reuters) - Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, winning at least four of seven seats on the board of the U.S. shale producer that he wants to sell. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S., February 11, 2014...
FRANKFURT (Reuters) - Activist shareholder Elliott has raised its stake in German food processing equipment maker GEA Group ( G1AG.DE ) to 5.03 percent from 3.01 percent as of June 12, a regulatory filing by GEA showed on Monday. Elliott’s holding rose above 3 percent in October. Reporting by Maria Sheahan; Editing by Edward Taylor...
HOUSTON (Reuters) - When SandRidge Energy Inc ( SD.N ) shareholders on Tuesday cast their votes for directors, the only question is how much sway over the embattled oil and gas producer they will hand to activist investor Carl Icahn...
(Reuters) - SandRidge Energy Inc ( SD.N ) said on Friday it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer’s board...
TOKYO (Reuters) - Japan’s Mitsubishi Materials Corp ( 5711.T ) on Monday announced a top management reshuffle after the maker of metals and other products for the first time explicitly accepted responsibility over a data tampering scandal dating back to last year...
(Reuters) - Billionaire investor David Tepper’s hedge fund Appaloosa Management and Senator Investment Group on Tuesday asked Allergan Plc’s ( AGN.N ) board to split the office of the chief executive officer and chairmaN...
OSLO (Reuters) - Norway’s $1 trillion wealth fund backed a wide range of activist shareholder proposals at Facebook’s annual meeting on Thursday, including a measure to improve the company’s oversight of questionable content, the fund’s voting record showed on Friday. FILE PHOTO: A 3D-printed Facebook like button is seen in front of the Facebook logo, in this illustration taken October 25, 2017...
(Reuters) - Arca Capital, one of the largest shareholders in AmTrust Financial, on Wednesday urged other investors to vote against the U.S. insurer’s plans to go private, citing “absurdly low valuation” of $13.50 per share. The Czech-based investment company follows activist investor Carl Icahn in opposing the proposed privatization transaction...
(Reuters) - Uniper’s ( UN01.DE ) supervisory board on Wednesday urged shareholders to reject a motion by activist investor Elliott to launch a probe into whether management sought to block the sale of a major stake to Fortum ( FORTUM.HE ), in a deal it opposes...