1. Articles from reuters.com

  2. 25-48 of 239 « 1 2 3 4 5 6 7 8 9 10 »
    1. Proxy Adviser Glass Lewis Opposes Tesla Board Renominations

      Proxy Adviser Glass Lewis Opposes Tesla Board Renominations

      May 15 (Reuters) - Criticism mounted over Tesla Inc board’s move to renominate three directors, including CEO Elon Musk’s brother Kimbal Musk, with proxy adviser Glass Lewis & Co on Tuesday opposing their re-election and seeking appointment of an independent chairman. Glass Lewis & Co said Tesla shareholders should vote against lead independent director Antonio Gracias, Kimbal Musk and James Murdoch, chief executive of Twenty-First Century Fox Inc.. .

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    2. U.S. Hedge Fund Elliott Amps up Campaigns in Europe

      U.S. Hedge Fund Elliott Amps up Campaigns in Europe

      May 3 (Reuters) - U.S. hedge fund Elliott is stepping up its activities in Europe, a Reuters review of data shows, as it sees more opportunities to unlock value for shareholders by pushing through management changes, company break-ups and merger deals. Filings with regulators show that eight of Paul Elliott Singer’s activist fund’s 15 ...

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    3. Tesla Speeding Toward Capital Raise Crunch Time

      Tesla Speeding Toward Capital Raise Crunch Time

      NEW YORK (Reuters Breakingviews) - Tesla is speeding toward capital-raise crunch time. The electric-car maker on Wednesday reported a loss of $710 million in the first three months of the year. It also experienced a slew of other problems, including annoying a regulator after disclosing information about a fatal crash and losing more key staff. A Tesla Supercharger station is shown in Cabazon, California, U.S. May 18, 2016...

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    4. Meyer Burger Shareholders Symbolically Reject Pay Plan

      Meyer Burger Shareholders Symbolically Reject Pay Plan

      ZURICH, May 2 (Reuters) - Meyer Burger’s shareholders dealt its directors an embarrassing blow on Wednesday when they rejected the loss-making Swiss technology company’s salary plans for 2017. Shareholders in Switzerland have a right to vote on executive pay under changes introduced in 2013, but although such rejections are rare Meyer Burger’s pay plan will still go ahead because its vote was non-binding...

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    5. Credit Suisse Shareholder Support on Compensation Improves

      Credit Suisse Shareholder Support on Compensation Improves

      (Reuters) - Shareholders showed increased approval for Credit Suisse’s management pay on Friday while backing all compensation-related items at the banking group’s annual meeting. A year after shareholders railed against high executive pay, investors have been soothed by a change to its compensation scheme and a pickup in its turnaround. Shareholders voted in favour of the bank’s 2017 compensation report with 80.8 percent support, up from 57.98 percent the prior year...

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    6. Most AIB Institutional Shareholders Back Scuppered Bonus Plan

      Most AIB Institutional Shareholders Back Scuppered Bonus Plan

      DUBLIN (Reuters) - Most of Allied Irish Banks’ (AIB) ( AIBG.I ) institutional shareholders backed a proposal to introduce a deferred share plan for senior executives that the government used its majority shareholding to block last week. Chief Executive Officer of Allied Irish Bank Bernard Byrne looks on at the Allied Irish Bank Annual General Meeting in Dublin, Ireland April 27, 2017...

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      Mentions: CEO crisis stake
    7. Lawsuit Alleges Xerox CEO Disregarded Board in pursuing Fuji Deal

      Lawsuit Alleges Xerox CEO Disregarded Board in pursuing Fuji Deal

      (Reuters) - A lawsuit is alleging that Xerox Corp ( XRX.N ) Chief Executive Officer Jeff Jacobson pursued a deal with Fujifilm Holdings Corp ( 4901.T ), even after Xerox’s board advised him to halt negotiations, the Wall Street Journal reported on Sunday. FILE PHOTO - Xerox chief executive officer, Jeff Jacobson, takes part in an interview on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 4, 2017...

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    8. Fidessa postpones vote on Temenos bid to await possible counter offers

      (Reuters) - British software firm Fidessa ( FDSA.L ) postponed an imminent shareholder vote on whether to back a 1.4 billion pound ($2 billion) takeover bid from Switzerland’s Temenos ( TEMN.S ), saying it might receive two more offers. Fidessa said in a statement that it had received approaches “from two separate third parties who are each considering making an offer for Fidessa at a premium to the Temenos offer.” One of the potential new offers would be at a 5 percent premium to banking software supplier Temenos’s cash bid, it said. It did not disclose details of the other ...

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    9. 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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    10. 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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    25-48 of 239 « 1 2 3 4 5 6 7 8 9 10 »
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