1. Articles from reuters.com

  2. 25-48 of 218 « 1 2 3 4 5 6 7 8 9 »
    1. Elon Musk Runs Tesla – and that Means Shareholders Can Sue

      Elon Musk Runs Tesla – and that Means Shareholders Can Sue

      (Reuters) - Everyone knows Tesla is run by Elon Musk, the visionary CEO who is synonymous with his company. Tesla has acknowledged as much in public filings that described the company as “highly dependent on the services of Elon Musk.” Musk himself called Tesla “my company” in a 2016 conference call with analysts, and he’s claimed publicly that if he had not taken on the CEO job, the company would not have survived...

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    2. Activist CIAM Says Ahold's 'Poison Pill' Unfair for Investors

      Activist CIAM Says Ahold's 'Poison Pill' Unfair for Investors

      LONDON, AMSTERDAM (Reuters) - Activist investor CIAM has criticized plans by Dutch food and retail group Ahold Delhaize ( AD.AS ) to renew a governance structure that it said acts as a “poison pill” to potential suitors and has served to keep its share price depressed. FILE PHOTO: Ahold Delhaize CEO Dick Boer at the Ahold Delhaize headquarters in Zaanstad, Netherlands, December 5, 2017...

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    3. Hedge Fund Glenview Ups Stake in Sharpie Maker Newell Brands

      Hedge Fund Glenview Ups Stake in Sharpie Maker Newell Brands

      BOSTON (Reuters) - Hedge fund Glenview Capital Management on Friday said it now owns 5.6 percent of Newell Brands Inc, announcing its increased stake just days after the maker of Sharpie markers and Elmer’s Glue handed activist investor Carl Icahn board seats. FILE PHOTO - Larry Robbins, Founder, Portfolio Manager and CEO, Glenview Capital Management LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016...

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    4. Investor Groups Win Vote on RBS Shareholder Committee

      Investor Groups Win Vote on RBS Shareholder Committee

      LONDON (Reuters) - The Royal Bank of Scotland ( RBS.L ) will allow a shareholder vote on whether to give retail investors more power over the British state-backed lender, ceding to a demand from shareholder groups that had fought for this since 2016. Royal Bank of Scotland signs are seen at a branch of the bank, in London, Britain December 1, 2017...

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      Mentions: Investors UK stake
    5. Activist Investor Sees Diebold Nixdorf Shares Doubling with New CEO

      Activist Investor Sees Diebold Nixdorf Shares Doubling with New CEO

      March 13, 2018 / 9:38 PM / Updated 11 minutes ago Activist investor sees Diebold Nixdorf shares doubling with new CEO Svea Herbst-Bayliss 3 Min Read BOSTON (Reuters) - Activist investor Alexander Roepers recently boosted his firm’s stake in Diebold Nixdorf Inc and said the share price could double within 18 months now that there is a new chief executive at the helm of the automatic teller machine maker...

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    6. Deutsche Bank Bosses to Forego Bonuses After Third Annual Loss

      Deutsche Bank Bosses to Forego Bonuses After Third Annual Loss

      FRANKFURT (Reuters) - Top managers at Deutsche Bank will forego their annual bonuses, CEO John Cryan said, after coming under fire for awarding big incentive payouts even though Germany’s largest bank lost money last year. Deutsche Bank building before the bank's annual news conference in Frankfurt, Germany, February 2, 2018...

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    7. Investor State Street Uses Financial Clout to Get More Women to the Top

      Investor State Street Uses Financial Clout to Get More Women to the Top

      LONDON (Reuters) - Asset manager State Street Global Advisors ( STT.N ), said it will pressure companies to provide more data about the number of women employed at all levels of management and will push for greater diversity at board level. The investor, one of the world’s largest with $2.8 trillion in assets under management, said it plans to begin screening European firms in the STOXX 600 and FTSE 350 .FTLC that it invests in and engaging with them over diversity...

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    8. Truckmaker AB Volvo Drops Geely-Linked Board Member After Daimler Move

      Truckmaker AB Volvo Drops Geely-Linked Board Member After Daimler Move

      STOCKHOLM (Reuters) - Truckmaker AB Volvo ( VOLVb.ST ) is dropping the head of Geely-owned ( 0175.HK ) Volvo Cars from its board because of competition concerns after the Chinese group took an almost 10 percent stake in rival Daimler ( DAIGn.DE ). Volvo Cars is a subsidiary of Zheijang Geely Holding Group Co whose main owner is Li Shufu. It was announced on Friday that Li, Geely’s founder, had built up an almost 10 percent stake in Daimler...

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      Mentions: CEO Google Tesla
    9. Clariant CEO Says SABIC Deal Beats Huntsman Merger

      Clariant CEO Says SABIC Deal Beats Huntsman Merger

      February 10, 2018 / 3:38 PM / in 9 minutes Clariant CEO says SABIC deal beats Huntsman merger - newspaper Reuters Staff 3 Min Read ZURICH, Feb 10 (Reuters) - Saudi Basic Industries Corp’s (SABIC) move to buy a quarter stake in Clariant is better than the planned merger with U.S.-based Huntsman that was blocked last year by activist investors, the Swiss chemical maker’s CEO said...

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    10. Rent-A-Center to Nominate Engaged Capital's Board Candidate

      Rent-A-Center to Nominate Engaged Capital's Board Candidate

      (Reuters) - Rent-A-Center Inc said on Monday it will nominate an independent director, recommended by activist investor Engaged Capital, to the rent-to-own furniture retailer’s board. Shares of the company, which has been under pressure from activist hedge funds Engaged Capital and Marcato Capital, fell 2.2 percent to $9.53 in afternoon trading...

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    11. Activist Investor Elliott Sheds Most of Dufry Stake

      Activist Investor Elliott Sheds Most of Dufry Stake

      ZURICH (Reuters) - Activist hedge fund investor Elliott Management Corp. has trimmed its stake in Swiss duty-free retailer Dufry AG in December to less than 1 percent, the SIX Swiss Stock Exchange reported over the weekend. The stock had risen more than 10 percent from when Reuters reported Elliott’s 5.6 percent holding on Dec. 20 until late January, before shedding much of that gain in recent trading...

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    12. Toshiba Considering IPO for Memory Chip Unit

      Toshiba Considering IPO for Memory Chip Unit

      Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale to a Bain Capital-led consortium fails to gain antitrust approval by the end of March, the Financial Times reported on Monday. The IPO is one of various contingency plans being looked at by Toshiba’s top executives, the FT said, citing people familiar with the plans...

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      Mentions: Management IPO Sale
    13. NXP Shareholder Ramius to Reject Qualcomm's Buyout Offer

      NXP Shareholder Ramius to Reject Qualcomm's Buyout Offer

      (Reuters) - NXP Semiconductors NV ( NXPI.O ) shareholder Ramius Advisors LLC said on Tuesday it would reject chipmaker Qualcomm Inc’s ( QCOM.O ) $38 billion bid for the company, joining activist investor Elliott Management Corp. Ramius, which is an affiliate of Cowen Inc ( COWN.O ), said it had informed NXP that Qualcomm’s offer “dramatically” undervalued the company. The New York-based institutional asset manager owned about 2.5 million shares, or less than a one percent stake ...

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    14. GKN Faces Pressure from Activist Fund Elliott to Engage With Melrose

      GKN Faces Pressure from Activist Fund Elliott to Engage With Melrose

      LONDON (Reuters) - GKN ( GKN.L ) faces pressure to open takeover talks with suitor Melrose Industries ( MRON.L ) from U.S. activist investor Elliott, which disclosed a stake in the British engineering company just days after it rejected a 7 billion pound ($9.66 billion) bid. Elliott, a hedge fund with a track record of intervening in takeovers, said on Monday that it holds a 1.7 percent interest in GKN through contracts-for-difference (CfDs)...

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      Mentions: CEO Hedge Fund UK
    15. Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

      Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

      (Reuters) - Citigroup Inc ( C.N ) will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday. Citi said it had conducted a survey in the three countries, where it found that women and minorities are paid slightly less than men and non-minorities, respectively...

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      Mentions: Citigroup UK Citi
    25-48 of 218 « 1 2 3 4 5 6 7 8 9 »
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