1. Articles in category: BoardNews

    25-48 of 8636 « 1 2 3 4 5 ... 358 359 360 »
    1. Australia’s Most Obscene Salaries

      Australia’s Most Obscene Salaries

      Tomorrow’s rally, which will be held in Perth, is one of a series planned for the country’s capital cities and regional centres in the coming weeks. They have been organised by the Australian Council of Trade Unions (ACTU) as part of its Change the Rules campaign, which aims to draw attention to “exorbitant CEO pay” and company profits compared to the “very low or non-existent” pay rises experienced by many Australians...

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    2. US Regulators Lift Strict Oversight of Prudential

      US Regulators Lift Strict Oversight of Prudential

      WASHINGTON (AP) — A group of federal regulators on Wednesday lifted the strict government oversight imposed on big insurer Prudential Financial Inc. It was the last financial company still carrying the label that subjected it to special restrictions stemming from the 2008 financial crisis. The unanimous decision by the Financial Stability Oversight Council closed the books on its actions tagging selected big financial companies as potential threats...

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    3. As MoviePass Investors Rage Against Management, its Parent Company has Delayed a Crucial Shareholders Meeting

      As MoviePass Investors Rage Against Management, its Parent Company has Delayed a Crucial Shareholders Meeting
      • MoviePass' parent company, Helios and Matheson Analytics, has postponed its special meeting of stockholders regarding the vote on a 1-for-500 reverse stock split to November 1.
      • The meeting was originally scheduled for Thursday.
      • MoviePass investors have voiced their displeasure with Helios and Matheson about the proposed reverse split on Twitter...
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    4. Dell Technologies: Maintains Plans To Go Public Despite Icahn Opposition

      Dell Technologies: Maintains Plans To Go Public Despite Icahn Opposition

      (Reuters) - Dell Technologies Inc said on Tuesday it was sticking to its plans to go public by buying back its tracking stock, a day after activist investor Carl Icahn opposed the move. Icahn reported an increased 8.3 percent stake in Dell tracking stock on Monday, saying he intends to do everything in his power to thwart the computer manufacturer's plans. Dell in July announced a $21.7 billion cash-and-stock deal to buy back shares tied to its interest in software provider VMware...

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      Mentions: Carl Icahn stake Dell
    5. Tesla Surges After Judge Approves Elon Musk's Settlement with SEC

      Tesla Surges After Judge Approves Elon Musk's Settlement with SEC
      • Tesla rallied Tuesday morning after a judge approved CEO Elon Musk's settlement over a fraud charge.
      • The Securities and Exchange Commission sued Musk last month over allegations that he committed fraud when he said he had "funding secured" to take Tesla private.
      • All eyes are on now on the company's third-quarter earnings report later this month...
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      Mentions: CEO SEC Tesla
    6. GOP Rep. Sean Duffy Takes on Proxy Advisers: They're 'playing all sides of the field'

      GOP Rep. Sean Duffy Takes on Proxy Advisers: They're 'playing all sides of the field'

      Congress is growing increasingly interested in the use of shareholder proposals to push corporations toward liberal or conservative policies, particularly the influence wielded over the process by advisory firms. By buying as little as $2,000 worth of shares, investors gain the right to introduce resolutions that direct a corporate board to take a certain action...

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      Mentions: Investors SEC ISS
    7. Telstra Shareholders Just Hit the Board with a New Australian Record 'First Strike' Vote Against Executive Pay

      Telstra Shareholders Just Hit the Board with a New Australian Record 'First Strike' Vote Against Executive Pay

      Telstra shareholders have made it clear just how unhappy they are with the company’s executive remuneration policy. The Australian reports a staggering 62% of eligible shareholders voted against Telstra’s remuneration report at today’s annual general meeting. That’s a new record high in corporate Australia, beating the 61.4% of AMP shareholders who rejected the company’s executive remuneration report back in May...

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    8. Carl Icahn: Michael Dell Using 'Scare Tactics' on Dell Tracking Stock Holders

      Carl Icahn: Michael Dell Using 'Scare Tactics' on Dell Tracking Stock Holders

      Billionaire activist investor Carl Icahn said Monday that Michael Dell and the private equity firm Silver Lake are "manipulating" and "coercing" shareholders of the tracking stock of VMware into accepting their buyout offer. By using "scare tactics," Icahn claimed, Dell and Silver Lake are "literally stealing" $11 billion from shareholders in a plan to take Dell public again. Icahn contends Dell and Silver Lake are significantly undervaluing VMware, a software company, in order to make money...

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    9. 'I've decided to step down as CEO': Eddie Lampert sends email to Sears employees after the company files for bankruptcy (SHLD)

      'I've decided to step down as CEO': Eddie Lampert sends email to Sears employees after the company files for bankruptcy (SHLD)
      • Eddie Lampert sent an email to Sears employees on Monday announcing the company's bankruptcy filing.
      • "I’ve decided to step down as CEO," Lampert wrote. "Know that this does not change my commitment to Sears Holdings, and I will continue to be actively involved as chairman of the board of directors."
      • Lampert attributed the company's bankruptcy filing to "a difficult retail environment, unsatisfactory operating performance, and legacy liabilities impacted by historically low interest rates."...
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    10. Carl Icahn to Oppose Dell’s Purchase of DVMT Tracking Shares

      Carl Icahn to Oppose Dell’s Purchase of DVMT Tracking Shares

      Carl Icahn is gearing up for another battle with Michael Dell. The activist investor, who fought Dell when he took his namesake computer company private in 2013, will challenge plans to take it public again. Icahn on Monday disclosed that he has boosted his stake in shares that track Dell Technologies Inc.’s DVMT, +3.01% interest in VMware Inc. VMW, +4.42% to 8.3%...

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      Mentions: Carl Icahn stake Dell
    11. UK: Top Firms Failing to Increase Number of Ethnic Minority Directors

      UK:  Top Firms Failing to Increase Number of Ethnic Minority Directors

      The number of FTSE 100 company directors from ethnic minority backgrounds has declined in the past year, according to a progress report delivered by the government-backed campaign to boost boardroom diversity. Just 84 of the 1,048 director positions in the 100 biggest companies on the London Stock Exchange are held by a business leader from an ethnic minority, down from 85 last year, in the latest sign of stalling progress to make big companies more representative of the country at large...

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    12. Top Compensated CEO Rankings Criticized as “Too Much” with Top Spot at Over 500 Million USD

      Top Compensated CEO Rankings Criticized as “Too Much” with Top Spot at Over 500 Million USD

      In 2017, the CEO of the US company with the highest board member compensation was Evan Spiegel, the CEO of Snap Inc. Spiegel, who is famous for “Snapchat”, earned 504 million USD. In the second and third places were Scott Nuttall and Joseph Y. Bae, both of whom are co-presidents of the major New York based investment company KKR, received over 200 million USD...

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      Mentions: Investment CEO KKR
    13. GM Joins a Surge of S&P 500 Companies With Boards at Gender Parity

      GM Joins a Surge of S&P 500 Companies With Boards at Gender Parity

      (Bloomberg) -- It’s shaping up as a good year for gender parity at the largest U.S. companies -- but there’s still a long way to go. Wednesday’s appointment of Jami Miscik as a General Motors Co. director brings the number of Standard & Poor’s 500 companies with women in half or more of their board seats to at least 11 this year, from about six at the end of 2017, according to Bloomberg data...

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