(Bloomberg Opinion) -- Procter & Gamble Co.'s 2019 outlook is starting to look more attainable. The company behind brands such as Pampers diapers and Dawn dish soap reported Friday that organic sales — a figure that excludes M&A and currency effects — rose a robust 4 percent in the first quarter over a year earlier. That made for P&G's strongest growth on this measure in five years...
The Ford Foundation announced that Chuck Robbins, chairman and chief executive officer of Cisco Systems, the US-based multinational technology ...
The parent company of MoviePass gave another indication Thursday that it's struggling to convince shareholders to back its plan to reverse-split its stock for the second time in four months.
Helios and Matheson, which bought a controlling stake in the subscription movie ticket service last year, has hired a second firm to help it collect investor votes, it announced..
SAN FRANCISCO — Authorities say StarKist has agreed to plead guilty to price fixing as part of a broad collusion investigation of the canned tuna industry. Federal prosecutors announced the plea agreement Thursday and said the company faces a fine up to $100 million. Bumble Bee Foods last year pleaded guilty to the same charge and paid a $25 million fine. Chicken of the Sea has not been charged because prosecutors say the company exposed the scheme and cooperated with the investigation...
Activist investor Daniel Loeb and Campbell Soup Co hardened their positions in the battle over the soup maker’s future on Thursday as the hedge fund manager tried to woo retail shareholders and the company’s interim chief executive told Reuters that Loeb had left no room for compromise...
(Reuters) - Campbell Soup Co interim Chief Executive Keith McLoughlin does not believe that there are any concessions to be made in an ongoing proxy fight with hedge fund Third Point LLC, he told Reuters on Thursday. Third Point seems only open to taking over Campbell's board and has not expressed interest in anything less, McLoughlin said in a telephone interview...
Cardinal Health ( CAH ) is being pushed by members of an investor coalition to overhaul the way executive pay is calculated in order to reflect the potential cost of any settlements or fines...
Campbell Soup is rallying Thursday, up almost 2%, after Third Point, the hedge fund owned by the billionaire Dan Loeb, called on shareholders to replace the company's board of directors...
Activist investor Dan Loeb and his firm Third Point, are looking to further take control of Campbell Soup and influence a sale, this time through the board of directors...
Last February, the Fed imposed a growth cap on Wells Fargo until the bank demonstrably improved its corporate governance and replaced four ...
The ability of dissident shareholders to annually place proxy proposals that get handily defeated each year should be curtailed to allow shareholders and board members to focus on serious issues germane to the operation of the company...
Zillow announced that its chief operating officer, Amy Bohutinsky, will be stepping down from her role at the end of the year and has been selected to ...
(Bloomberg) -- An investor in Hudbay Minerals Inc. wants to meet with the Toronto miner to discuss replacing members of its board, as well as to seek assurances it won’t pursue acquisitions or joint venture without consulting shareholders, according to a person familiar with the matter...
Clark brings to the Caesars Board of Directors more than two decades of experience in highly complex organizations, including the U.S. Navy and ...
Directors increasingly see matters such as resource scarcity, human rights, and income inequality as important components of strategy discussions. Please enter your email address * Subject * Comments * While the population grows ever-more polarized around social issues, corporate boards of directors don’t necessarily need to consider them. Increasingly, though, they are doing so...
Campbell heirs to vote for own board, Third Point calls move a 'stunt' close breaking news Business Campbell heirs to vote for own board, Third Point calls move a 'stunt' Campbell Soup Co said on Wednesday that four key shareholders, all descendants of the company's former chairman John Dorrance, have formally aligned themselves against hedge fund Third Point LLC's plans to oust the embattled soupmaker's entire board...
(Bloomberg) -- A key response to the 2008 financial crisis was setting up a super-group of regulators to protect the economy from another disastrous crash. But in the Trump era, flagging new dangers has taken a backseat to cutting constraints on business. The latest blow came Wednesday when the Financial Stability Oversight Council said it no long considered Prudential Financial Inc. so big and complex that the insurer’s failure could trigger a panic...