1. Articles from wsj.com

  2. 193-216 of 254 « 1 2 ... 6 7 8 9 10 11 »
    1. Rolls-Royce's Activist Overhaul Could Stall

      Rolls-Royce's Activist Overhaul Could Stall

      Even an activist investor might struggle to rev Rolls-Royce’s engine. Shares in the U.K. aircraft engine manufacturer have been lifted by news in July that activist fund ValueAct Capital Management had taken a 5.4% stake in the company. The stock has been pummeled by a series of profit warnings over the past 18 months. The hope is that ValueAct...

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    2. Trading Probe Eyes Ex-Chairman of Dean Foods

      Trading Probe Eyes Ex-Chairman of Dean Foods

      Criminal and civil authorities are investigating whether the former chairman of Dean Foods Co. leaked inside information about a corporate spinoff to a professional gambler who in turn is suspected of tipping off golfer Phil Mickelson, according to people familiar with the probe. The scrutiny of Dean Foods ex-Chairman Thomas Davis brings a high-profile investigation first reported by The Wall Street Journal last year into the boardroom of a major company...

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    3. Activists' Secret Ally: Big Mutual Funds

      Activists' Secret Ally: Big Mutual Funds

      Large investors quietly back campaigns to force change at U.S. companies When a low-profile activist investor gained a board seat at Microsoft Corp. two years ago, corporate boards around the country were stunned. How had a shareholder with less than 1% of the software giant’s stock forced its way into the boardroom? It turns out that ValueAct Capital Management LP had some serious muscle behind the scenes...

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    4. SEC Set to Approve CEO Pay-Gap Disclosure Rule

      SEC Set to Approve CEO Pay-Gap Disclosure Rule

      Move will mark culmination of yearslong debate and pressure on SEC over Dodd-Frank mandate WASHINGTON—Regulators are set to approve a contentious new rule requiring companies to disclose the pay gap between rank-and-file employees and the chief executive, marking the culmination of years of debate and pressure on the Securities and Exchange Commission over a mandate from the 2010 Dodd-Frank law. The SEC is slated to vote on a final version of the rule at a meeting Wednesday...

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    5. Boardroom Soap Opera at P&G Hasn't Helped Shares

      Boardroom Soap Opera at P&G Hasn't Helped Shares

      A.G. Lafley’s return to Procter & Gamble didn’t revive its fortunes as hoped It was the sort of advertising for Procter & Gamble that money can’t buy—and that it likely didn’t want. Back in January, New England Patriots quarterback Tom Brady denied knowledge of football tampering in front of an ad for P&G’s Gillette “Flexball” razor, turning the brand into an ironic Twitter meme. Further revelations this week have left his supporters feeling a lot like the fans of a tarnished corporate...

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    6. Toshiba Executives Likely to Step Down

      Toshiba Executives Likely to Step Down

      Looming management changes come amid tighter scrutiny of corporate governance in Japan TOKYO—Toshiba Corp. President Hisao Tanaka and several other executives are likely to step down soon over an accounting scandal involving profit inflated by more than $1 billion, according to people familiar with the situation. The matter is unfolding amid heightened scrutiny of corporate behavior in Japan, where Prime Minister Shinzo Abe wants to attract more foreign investors...

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    7. Cheil Industries Promises Better Dividends if Merger Approved

      Cheil Industries Promises Better Dividends if Merger Approved

      Cheil Industries’ offer appears to target hedge fund Elliott’s allegations of weak minority shareholder protection at Samsung C&T SEOUL-—Cheil Industries Inc., the Samsung conglomerate’s de facto holding company, said Tuesday it would boost dividends and establish a corporate governance committee -- but only after a contentious merger with Samsung’s construction and trading company is approved by shareholders...

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    8. Activists' New Target: Executive Pay

      Activists' New Target: Executive Pay

      Big shareholders for years have grumbled about the rise in executive pay. Now, activist investors are taking up the compensation cause, focusing less on how much corporate leaders earn and more on whether they deserve what they get. Case in point: Shutterfly Inc., where an activist hedge fund is seeking three board seats at the online photo retailer at a shareholder vote set for Friday. The founder of Marathon Partners Equity...

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    9. Activist Investor Wins $2 Million Arbitration Award From UBS

      Activist Investor Wins $2 Million Arbitration Award From UBS

      Finra panel rules firm has to pay Ahmed Hussein compensation, but no damages or legal fees An activist investor has won a $2 million arbitration award from UBS AG, which he said derailed his proxy fight against a health-care information systems company by calling a margin loan and selling almost 2.3 million shares he had in the business. In his claim, Ahmed Hussein said he lost more than $20 million when UBS called the loan as Quality System Inc.’s stock was falling in 2012...

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    10. Protecting Shareholders From Activist Proxies

      Protecting Shareholders From Activist Proxies

      The SEC needs to put more teeth in its guidance and clarify its standards. This month’s showdown at DuPont Co., in which shareholders rejected an activist campaign to install four new board members, brought proxy advisory firms’ bias back into the news: All three of the company’s largest institutional shareholders ignored the proxy recommendations to vote for candidates whose primary qualification was loyalty to the activist...

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    11. Deal Reunites Charter Chief With Time Warner Cable

      Deal Reunites Charter Chief With Time Warner Cable

      Tom Rutledge will be the chairman, CEO of new U.S. cable giant that results from proposed merger Two years ago, Charter Communications Inc. Chief Executive Tom Rutledge predicted that the cable business would soon be down to two big players. Now, he’s in line to run one of them. Mr. Rutledge will be the chairman and CEO of the new U.S. cable giant that results from Charter’s planned $55 billion acquisition of Time Warner Cable Inc. and $10.4 billion merger with Bright House Networks...

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    12. Activist Investor Group Withdraws Board Slate at Perry Ellis

      Activist Investor Group Withdraws Board Slate at Perry Ellis

      Legion Partners and Calstrs approve of retailer’s succession plan and board nominees A group of activist investors targeting Perry Ellis International Inc. have agreed to withdraw their board nominees after the retailer committed to shaking up its chief executive role and board last week. Perry Ellis has come under fire from Legion Partners Asset Management LLC, a California investment fund, and the California State Teachers’...

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    193-216 of 254 « 1 2 ... 6 7 8 9 10 11 »
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