1. Articles in category: BoardNews

    73-96 of 8048 « 1 2 3 4 5 6 7 ... 334 335 336 »
    1. China's Sinovac Biotech Halts Hep A Vaccine Production Amid Boardroom Drama Over Company

      China's Sinovac Biotech Halts Hep A Vaccine Production Amid Boardroom Drama Over Company

      Beijing-based Sinovac Biotech, whose CEO is locked in a battle for control of the company, has suspended production of its hepatitis A vaccine and destroyed supplies on hand. A yearlong internal power struggle for control of Chinese vaccine maker Sinovac Biotech has spilled from the boardroom to the production floor, forcing the company to suspend manufacturing of its hepatitis A vaccine...

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      Mentions: CEO Nasdaq Sinovac
    2. Owens Realty Mortgage, Inc. Acknowledges Receipt of Director Nominations from Eric Hovde and Financial Institution Partners Iii, Lp

      Owens Realty Mortgage, Inc. Acknowledges Receipt of Director Nominations from Eric Hovde and Financial Institution Partners Iii, Lp

      WALNUT CREEK, Calif., May 9, 2018 /PRNewswire/ -- Owens Realty Mortgage, Inc. (NYSE American: ORM) (the "Company") today acknowledged receipt of a notice of director nominations from Eric Hovde, Financial Institution Partners III, LP, and certain of their affiliates (collectively, the "Hovde Group") that they plan to nominate Steven Hovde and James Hua to stand for election to the Company's Board of Directors (the "Board") at the Company's 2018 Annual Meeting of Stockholders...

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    3. Lockheed Martin's Marillyn Hewson Named Chief Executive's 2018 CEO of the Year

      Lockheed Martin's Marillyn Hewson Named Chief Executive's 2018 CEO of the Year

      STAMFORD, Conn. , May 8, 2018 /PRNewswire/ -- Chief Executive magazine announced today that Marillyn A. Hewson , chairman, president and CEO of Lockheed Martin Corp., has been named 2018 Chief Executive of the Year, an honor bestowed upon an outstanding corporate leader, nominated and selected by peer CEOs. Ms. Hewson joined Lockheed Martin more than 30 years ago as an industrial engineer and has led the company as CEO since January 2013 ...

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    4. Japan's Takeda Seals $62 Billion Takeover of Adderall Maker Shire

      Japan's Takeda Seals $62 Billion Takeover of Adderall Maker Shire

      Reuters

      • Japan's Takeda reaches a deal to buy London-listed Shire for $61.5 billion after weeks of negotiations.
      • Shareholders still need to approve the deal and Shire shares are trading at below the offer price, suggesting shareholders could have reservations about the deal.

      Takeda Pharmaceutical agreed to buy London-listed Shire for £45.3 billion ($61.50 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to $30.33 to secure a recommendation...

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    5. Activist Investor ValueAct Capital Reportedly Sets Sights On Citigroup

      Activist Investor ValueAct Capital Reportedly Sets Sights On Citigroup

      WASHINGTON (dpa-AFX) - Activist investor ValueAct Capital Partners LP has built a roughly $1.2 billion stake in Citigroup Inc. (C) a bet that the giant bank's strength as a service provider to corporations will enable it to thrive in the post-crisis era and make up ground its shares have lost in recent years.ValueAct, which has built the position over the past four to five months, continues to boost it 'opportunistically,' The Wall Street Journal reported quoting a letter to investors. The stake amounts to about 0.7% of Citigroup ...

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    6. Elliott Looks to Take Athenahealth Private

      Elliott Looks to Take Athenahealth Private

      Activist investor Elliott Management Corp. is making a push to take Athenahealth Inc. private, arguing the health-care software company is botching an opportunity to rapidly expand and isn’t providing adequate returns to shareholders as a result. Elliott, which has an 8.9% stake in Athenahealth, offered to buy it for $160 a share Monday, valuing the entire company at about $6.5 billion. That is a 27% premium to Athenahealth’s Friday closing price. ...

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    7. Tesla is on the Brink of a Major shift that will Completely Change How its Stock Trades

      Tesla is on the Brink of a Major shift that will Completely Change How its Stock Trades
      • Tesla chief executive officer Elon Musk has long been an outspoken critic of short seller behavior that's made his company the most shorted in the US equity market.
      • Financial analytics firm S3 Partners has compiled data to suggest it's getting much more difficult to short Tesla, and it explains how this could permanently alter how the stock is traded.

      If you pay attention to Elon Musk's public comments — or simply follow him on Twitter — then you know he loathes traders who short Tesla's stock...

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      Mentions: CEO Alphabet Amazon
    8. Wells Fargo, Bank of America CEOs Earn Biggest

      Wells Fargo, Bank of America CEOs Earn Biggest

      The financial industry is gradually becoming more transparent to its customers, but also to its employees. Complying with the 2010 Dodd-Frank law, firms have begun to disclose their CEO pay compared with their median employee’s pay. InvestmentNews looked at their proxy filings and found that Wells Fargo ’s Tim Sloan was best-paid relative to his employees in 2017...

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    9. AthenaHealth Soars After Elliott Management Makes $6.9 Billion Buyout Offer

      AthenaHealth Soars After Elliott Management Makes $6.9 Billion Buyout Offer
      • Elliott Management has made a $160-per-share cash offer for AthenaHealth, the hedge fund confirmed Monday.
      • Shares of Athena spiked more than 25% on the news.
      • Follow the stock in real-time here.

      Shares of AthenaHealth spiked nearly 25% Monday morning after Paul Singer's Elliott Management hedge fund made a cash offer of $160 per share — worth $6.9 billion — for the embattled healthcare IT company...

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    10. Barclays Ready to Fend Off Radical Proposals by Activist Investor

      Barclays Ready to Fend Off Radical Proposals by Activist Investor

      Barclays bosses are prepared to tell activist investor Ed Bramson that shareholders have no appetite for a major overhaul of the bank during a high-level meeting to be held this week. Chief executive Jes Staley and finance director Tushar Morzaria are set to sit down with Mr Bramson, whose fund Sherborne became the fourth largest shareholder recently after taking a stake of around 5.4%...

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    11. Nestle to Pay $7.15 Billion to Get into Starbucks' Coffee Business

      Nestle to Pay $7.15 Billion to Get into Starbucks' Coffee Business

      Reuters/Kim Hong-Ji

      • Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain's products around the world in a global alliance aimed at reinvigorating their coffee empires.
      • The deal on Monday for a business with $2 billion in sales reinforces Nestle's position as the world's biggest coffee company tries to fortify its place atop a fast-changing market...
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    12. Elaine Wynn Comments on ISS Recommendation that Wynn Resorts Shareholders ’Withhold’ Votes

      Elaine Wynn Comments on ISS Recommendation that Wynn Resorts Shareholders ’Withhold’ Votes

      LAS VEGAS , May 6, Elaine P. Wynn, co-founder and the largest shareholder of Wynn Resorts, Limited (NASDAQ: WYNN ) ("Wynn Resorts," "Wynn," the "Company"), today announced that, in a report issued on May 5, 2018 , Institutional Shareholder Services ("ISS"), one of the world's leading independent proxy advisor firms, has recommended that Wynn shareholders "WITHHOLD" votes from legacy director nominee John J. Hagenbuch at the Company's annual meeting on Wednesday, May 16, 2018 , in Las Vegas, Nevada . ISS also recommended that shareholders vote "AGAINST" approval of Wynn Resorts' say-on-pay proposal. Commenting on the ISS report, Ms. Wynn said, "I am ...

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    13. Wynn Resorts Ltd (WYNN) Comments on Glass Lewis Report Related to Election of Directors

      Wynn Resorts Ltd (WYNN) Comments on Glass Lewis Report Related to Election of Directors

      The Board's actions have demonstrated that it is committed to moving swiftly and decisively to improve corporate governance and accountability, all while preserving shareholder value. Each of our nominees and the full Board understand that we have a mandate to drive change and to move Wynn ...

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    14. Warren Buffett's Berkshire Hathaway Dumps its Entire IBM Stake

      Warren Buffett's Berkshire Hathaway Dumps its Entire IBM Stake
      • Berkshire Hathaway has liquidated its entire stake in IBM, Warren Buffett said Friday.
      • IBM sank about 1% on the news.
      • Follow IBM’s stock price in real-time here.

      Warren Buffett’s Berkshire Hathaway has sold its entire stake in IBM, the billionaire investor said Friday in an interview with CNBC.

      "I think we have zero," Buffett said when asked if Berkshire owns any IBM shares. IBM's stock price fell about 1% after the news...

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    15. Elliott Wins Clash for Telecom Italia's Board, Beating Vivendi

      Elliott Wins Clash for Telecom Italia's Board, Beating Vivendi

      ... SA to take control of Telecom Italia SpA's board after shareholders supported the U.S. activist investor's call to improve its corporate governance and push for asset sales, ... Shareholder advisory firms Institutional Shareholder Services Inc. and Glass Lewis & Co. also recommended Elliott's board slate...

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