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    1. Hydro One Board Resigns, CEO Retires as Ont. Premier Makes Good on Campaign Promise

      Hydro One Board Resigns, CEO Retires as Ont. Premier Makes Good on Campaign Promise

      TORONTO -- Premier Doug Ford says he has made good on a key campaign promise, announcing the immediate retirement of the CEO of Hydro One and the resignation of the utility's entire board of directors. Ford, who promised that if he was elected he would fire Hydro One CEO Mayo Schmidt, dubbing him the "Six Million Dollar Man" during the spring election campaign, hailed it as a "great day" for the province...

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      Mentions: CEO Ford resign
    2. American Airlines, Qatar, and the NOL Poison Pill

      American Airlines, Qatar, and the NOL Poison Pill

      I know most bloggers today are consumed with the June avalanche of Supreme Court opinions and cert grants, but something interesting is afoot in the corporate law world (and more importantly the actual world). At the end of last week, Qatar Airways announced plans to purchase 10% of American Airlines . That move is definitely a little more interesting than Berkshire Hathaway reentering the airline sector and poses a lot of political concerns...

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    3. Battle for Perry Ellis Hinges on Fiduciary Duty to Shareholders

      Battle for Perry Ellis Hinges on Fiduciary Duty to Shareholders

      The two key words that likely will determine the outcome in the battle for Perry Ellis International Inc. are dollars — share price — and sense, the latter being common sense in evaluating all factors to ensure that the fiduciary duty to shareholders is being met.While the per-share offering price is always of utmost importance to shareholders, it sometimes ...

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    4. MoviePass' Parent Company Has Flooded its Investors With a 3,000% Increase in New Shares

      MoviePass' Parent Company Has Flooded its Investors With a 3,000% Increase in New Shares
      • The share price of Helios & Matheson, the parent company of MoviePass, has plunged in recent months amid ongoing losses at the subscription movie service.
      • But something else is weighing down the stock price — the more than 3,000% increase just since August in the number of the company's shares.
      • That dilution is set to only get worse, as the company is seeking authorization to issue even more shares...
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      Mentions: Investors stake AMP
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