General Electric ( GE ) shareholder Trian Fund Management sold a portion of its stake in the restructuring industrial giant, which continues to look for a turnaround. GE stock rose. Nelson Peltz's Trian Fund sold roughly 15.6 million shares July 31-Aug. 4 at an average price of a little more than $6, according to an SEC filing. That left the activist investor with roughly 43.7 million shares of General Electric, or about half its original stake...

The loss heaps more pressure on Bayer Chief Executive Officer Werner Baumann, who staked his career on the $63 billion takeover of Monsanto. Last April, after a couple of Roundup trial losses, Baumann became the first CEO of a major German company in decades to lose a shareholder confidence vote...

In a recent federal filing before the U.S. Securities and Exchange Commission, lawyers for Apple ( AAPL ) maintained that the tech giant should not have to consider increasing its leadership's ideological diversity and that arguments made in support of greater viewpoint variance were "without merit." X The SEC disagreed , sending Apple's legal team a stunning rebuke...

General Electric ( GE ) now plans to restate earnings for 2016 and 2017 by April 13, after a previous target date for late March came and went. X The industrial giant has said it will adopt a new revenue-recognition accounting standard, an industry standard that it says all companies are required to adopt. But GE management said the process "is taking more time than we originally expected" to finalize, according to a letter to shareholders on Wednesday...

General Electric ( GE ) will cut 2016 and 2017 earnings per share after adopting a new accounting standard and has begun revamping its board of directors. X Separately, Warren Buffett, whose Berkshire Hathaway ( BRKB ) sold most of its GE stock in 2017, said Monday he was "staggered" by GE's financial lapses...

Which is the greater threat to oil and gas industry shareholders — anti-fossil fuel activists dressed in shareholders' clothing or oil and gas industry corporate management? It's a question that Exxon Mobil shareholders now have the opportunity to ponder before the oil giant's May 31 annual shareholder meeting...

The U.K. government proposed changes to the way executive pay is set and company boards are structured in measures that would extend to closely held companies, as Prime Minister Theresa May seeks to crack down on corporate excess ...