1. Articles from wsj.com

  2. 97-120 of 244 « 1 2 3 4 5 6 7 8 ... 9 10 11 »
    1. BHP Billiton CEO to Meet With Activist Shareholder Elliott Amid Pressure

      BHP Billiton CEO to Meet With Activist Shareholder Elliott Amid Pressure

      MELBOURNE, Australia—BHP Billiton Ltd. Chief Executive Andrew Mackenzie will meet Wednesday with representatives from Elliott Management Corp., the activist investor pushing for the resources company to shed at least some of its oil-and-gas assets and boost shareholder returns.

      The talks are set to take place on the sidelines of a mining-and-metals conference in Barcelona, a day after Mr. Mackenzie told an audience there the company...

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    2. Wells Fargo’s Post-Scandal Marketing Playbook

      Wells Fargo’s Post-Scandal Marketing Playbook

      When Wells Fargo Chief Marketing Officer Jamie Moldafsky launched a recent new ad campaign for the bank following its sales-practices scandal, it was a mix of art and science. Wells Fargo was already investing in how to better understand its customers and potential customers, but it stepped up the work in September, after the San Francisco bank paid a $185 million settlement for opening up as many as 2.1 million accounts using fictitious or unauthorized customer information. It has since faced two congressional grillings, a slew of management changes, large clawbacks of executive ...

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    3. Australia Says Will Block Move by Activist Investor to Remove BHP Billiton’s Listing

      Australia Says Will Block Move by Activist Investor to Remove BHP Billiton’s Listing

      CANBERRA, Australia—Australia’s government warned it would block moves being orchestrated by activist investor Elliott Management Corp. to shift mining giant BHP Billiton Ltd.’s stock listing from Australia to the U.K. Representatives from the U.S. hedge fund have been in Australia this week seeking to convince BHP shareholders to support a move to spin off its American petroleum assets and significantly restructure the world’s...

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    4. Citigroup Holders Back Executive Pay Plan

      Citigroup Holders Back Executive Pay Plan

      Citigroup Inc. shareholders cast 95% of their votes at Tuesday’s annual meeting in support of the bank’s compensation plan for top executives, following a jump in the stock price and a pay cut for Chief Executive Michael Corbat. That reversed tepid support last year when the bank’s annual “say on pay” resolution received 64% of votes cast. The average bank in the S&P 500 index received 91% support, according to proxy advisory... To Read the Full Story Subscribe Sign In

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    5. Kleinfeld’s Leaving Arconic Shows Investors Like Everyone to Play Nice

      Kleinfeld’s Leaving Arconic Shows Investors Like Everyone to Play Nice

      The abrupt departure of Arconic Inc. ARNC 0.54% Chief Executive Klaus Kleinfeld shows how big investors are tempering the once-brazen behavior of both sides in activist shareholder campaigns. “The side that goes on the low road is going to be less able to get the support of institutional investors,” said Ken Squire, founder of 13D Management LLC, an investment and research firm...

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    6. Activist Investor Pushes for New Strategy at On Deck Capital

      Activist Investor Pushes for New Strategy at On Deck Capital

      An activist investor with a track record of forcing changes at internet companies is now targeting online small-business lender On Deck Capital Inc. Marathon Partners Equity Management LLC, a New York hedge-fund firm with around $275 million in assets under management, is pushing On Deck to shed millions of dollars in expenses to get to profitability, said Mario Cibelli, a managing partner at the firm, in an interview. Mr. Cibelli...

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    7. Activist Investor Targets Mall Operator Taubman Centers

      Activist Investor Targets Mall Operator Taubman Centers

      Activist investor Jonathan Litt’s hedge fund on Thursday escalated its battle with the management of mall operator Taubman Centers Inc., putting forth two candidates for election to the board at the firm’s annual meeting later this year. Land & Buildings Investment Management LLC, which owns approximately 1.2% of the real-estate investment trust, on Thursday sent a letter to shareholders recommending Charles Elson, a corporate... 

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    8. Rex Tillerson’s Work Outside of Boardroom Offers Clues to State Style

      Rex Tillerson’s Work Outside of Boardroom Offers Clues to State Style

      Rex Tillerson was a 16-year-old janitor at Oklahoma State University earning $1 an hour when his conversations with students working late on projects in the school’s labs put him on the path toward an engineering degree. “I think God put me in that electrical engineering building because I’d be there late in the evenings,” he told a group of students at Texas Tech University in 2015. “It’s funny how things take you where you’re...

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    9. SEC Commissioner Says Dodd-Frank Rules Not a Priority

      SEC Commissioner Says Dodd-Frank Rules Not a Priority

      WASHINGTON—The Securities and Exchange Commission’s sole Republican member said the SEC won’t prioritize any rules required by the Dodd-Frank financial law but could advance other measures when he likely becomes its acting chairman after President-elect Donald Trump takes office later this month. Speaking Friday at a conference in Washington, SEC Commissioner Michael Piwowar said he has met with fellow Commissioner Kara Stein about items that he could advance as the commission’s interim leader...

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    10. Sandell Won’t Seek Bob Evans Shareholder Vote

      Sandell Won’t Seek Bob Evans Shareholder Vote

      Activist investor Thomas Sandell’s firm is calling off its push for a shareholder vote to press Bob Evans Farms Inc. to split operations. On Tuesday, Sandell Asset Management Corp., which had been calling on Bob Evans to spin off its packaged-food business, said it was encouraged by Bob Evans’s disclosure on Monday, when it released second-quarter results, that it was working with J.P. Morgan to review options. “These...

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      Mentions: Management
    11. Chipotle Founder Says Company to Announce New Board Members

      Chipotle Founder Says Company to Announce New Board Members

      Chipotle Mexican Grill Inc. Co-Chief Executive Steve Ells told investors on Tuesday that the company plans to make an announcement soon about a new slate of board members. The burrito chain has struggled after a series of disease outbreaks last year and has come under the scrutiny of activist shareholder William Ackman. Mr. Ackman has been... 

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    12. Washington’s Not So Big Short

      Washington’s Not So Big Short

      The U.S. government has finally admitted in court what everyone else has known all along: Washington is not going to spot the next financial disaster before it occurs. In appealing their legal defeat to MetLife, the feds have been forced to acknowledge the false premise at the heart of the 2010 Dodd-Frank Act. Dodd-Frank created the Financial Stability Oversight Council, which is supposed to determine which firms are most likely to trigger a future crisis....

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    97-120 of 244 « 1 2 3 4 5 6 7 8 ... 9 10 11 »
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