Microsoft Corp (MSFT.O) said on Tuesday it would buy "Call of Duty" videogame maker Activision Blizzard (ATVI.O) for $68.7 billion in cash, the largest deal in the sector making the Xbox maker the third-largest gaming company by revenue...
The U.S. Securities and Exchange Commission has denied Apple Inc's (AAPL.O) bid to exclude a shareholder proposal that would require the company to inform investors about its use of non-disclosure agreements and other concealment clauses, according to a document viewed by Reuters...
Billionaire activist investor Carl Icahn's investment firm cannot stop Southwest Gas Holdings Inc's (SWX.N) board from potentially selling $1 billion worth of shares at a discounted price to fund an acquisition, a Delaware state judge ruled on Tuesday...
Activist investment firm Land & Buildings Investment Management is seeking a seat on the board of American Campus Communities (ACC.N) (ACC), according to people familiar with the matter, and believes the company needs to aggressively sell assets and buy back stock...
A Coca-Cola Co (KO.N) shareholder asked the beverage giant on Thursday to not renominate Activision Blizzard Inc's (ATVI.O) Chief Executive Officer Bobby Kotick to its board, as the video game company deals with lawsuits on workplace harassment...
Roche board member Paul Bulcke, the current chairman of Nestle , will stand down from the Swiss drug-maker's board of directors after its annual ...
WASHINGTON, Nov 29 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Monday issued guidance to listed companies around how to properly recognize and disclose share-based compensation arrangements made to executives ahead of company earnings and other releases...
(Reuters) - Royal Dutch Shell (RDSa.L) said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas...
(Reuters) - US Foods Holding Corp (USFD.N) is seeking to hire a chief operating officer and replace its chief financial officer as it faces pressure from an activist investment firm to improve its operations, according to people familiar with the matter...
WASHINGTON, Oct 22 (Reuters) - The new Democratic leadership of the U.S. securities watchdog has a message for Corporate America's highly paid executives: if your company screws up, your pay is at risk. Clawing back compensation is shaping up to be a key part of the U.S. Securities and Exchange Commission's (SEC) agenda as it cracks down on corporate misconduct, raising the stakes for thousands of executives who could potentially lose millions of dollars in bonuses and stock sale profits...
(Reuters) - The board of Rogers Communications Inc (RCIb.TO) voted to remove Edward Rogers as chairman, the company said on Thursday, amid a tussle between the family members of late founder Ted Rogers over who should lead one of Canada's biggest telecoms companies...
Oct 21 (Reuters) - Velodyne Lidar's (VLDR.O) founder and biggest shareholder on Thursday warned that he plans to nominate two directors to the board next year amid frustration with the sensor supplier's falling stock price, high executive pay, and the board's failure to focus more on new research...
SYDNEY, Oct 21 (Reuters) - Shareholders of Australia's Crown Resorts Ltd (CWN.AX) voted against the casino company's executive pay plans for a second straight year at its annual meeting on Thursday, but turned down a follow-up option to oust its entire board. The voting outcome reflects the precarious situation of the company , 37% owned by billionaire James Packer...
(Reuters) - A shareholder on Tuesday will urge a California judge to block a law requiring publicly held companies headquartered in the state to have a minimum number of women on their boards...
Oct 11 (Reuters) - Southwest Gas Holdings Inc (SWX.N) said on Monday it had adopted a shareholder rights plan - popularly known as a "poison pill" - in a bid to thwart a push by activist investor Carl Icahn to abandon a potential $2 billion deal to buy Questar Pipelines...
NEW YORK, Sept 30 (Reuters) - A federal judge on Thursday rejected Wells Fargo & Co's (WFC.N) bid to dismiss a lawsuit claiming it defrauded shareholders about its ability to rebound from five years of scandals over its treatment of customers...
NEW YORK, Sept 27 (Reuters) - A U.S. judge on Monday dismissed a lawsuit accusing Tilray Inc (TLRY.TO), , the world's largest cannabis producer by sales, of fraudulently overstating the value of a marketing and revenue-sharing agreement with Authentic Brands Group Inc (AUTH.N)...
NEW YORK, Sept 27 (Reuters) - FedEx Corp (FDX.N) investors approved billionaire Chief Executive Fred Smith's $54 million pay plan on Monday at the delivery company's annual meeting, but rebuffed the corporate board's recommendations on shareholder proposals on lobbying and outsized executive severance packages...
(Reuters) - Twitter Inc (TWTR.N) said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit accusing the social media company of deceiving investors about how often people used its platform...
(Reuters) - More than half of 530 corporate executives have little or no confidence in the reliability and maturity of their environmental, social and corporate governance (ESG) programs, according to a global survey from corporate governance advocacy non-profit OCEG...
Activist investment firm Jana Partners has called on internet phone company Vonage Holdings Corp to hire advisers to explore strategic alternatives, including a possible sale of all or parts of its business, Bloomberg News reported on Tuesday...
From Colonial Pipeline, to Acer, to JBS USA, cyberattacks have dominated the headlines throughout 2021. These attacks have become more sophisticated, more costly, and more harmful than ever due to the very real threat of cybercriminals stealing an organization's (and customers') sensitive information...
(Reuters) - Madison Square Garden Entertainment shareholders have accused the company’s board of “utterly failing” to protect the company and shareholders' interests by completing the merger with MSG Networks Inc...
BOSTON, Aug 11 (Reuters) - Two powerful proxy advisory firms support an activist investor's proposal to overhaul the financial structure at auto service company Monro Inc (MNRO.O), according to reports seen by Reuters, paving the way for all shareholders to have a say on hot-button issues where one person now has veto power...