1. Articles in category: BoardNews

    1-24 of 8137 1 2 3 4 ... 337 338 339 »
    1. The Owner of MoviePass Plunges After Proposing a Reverse-Stock Split to Avoid Being Kicked Out Of The Nasdaq

      The Owner of MoviePass Plunges After Proposing a Reverse-Stock Split to Avoid Being Kicked Out Of The Nasdaq
      • MoviePass owner Helios & Matheson plunged to a new low after proposing a reverse-stock split.
      • The move could help the company maintain Nasdaq's minimum $1 share price and avoid delisting.
      • "The failure of stockholders to approve this Proposal 3 could have serious adverse effects on the Company and its stockholders," the company said in a regulatory filing...
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    2. Disney Boosts its Offer for 21st Century Fox Assets to $71. 3 Billion

      Disney Boosts its Offer for 21st Century Fox Assets to $71. 3 Billion

      Disney has raised its offer for 21st Century Fox assets to $38 a share, or a total of $71.3 billion in cash and stock.

      The increased offer comes after Comcast crashed Disney's attempt to buy the assets with a $65 billion bid of its own just one week ago, after the US Justice Department approved the AT&T-Time Warner merger...

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      Mentions: Disney Merger AT&T
    3. BREAKING NEWS: Activist Carl Icahn Gains Control of Board in Proxy Fight at SandRidge Energy

      BREAKING NEWS:  Activist Carl Icahn Gains Control of Board in Proxy Fight at SandRidge Energy

      (Reuters) - Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, winning at least four of seven seats on the board of the U.S. shale producer that he wants to sell. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S., February 11, 2014...

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    4. McKesson CEO Takes 10% Pay Cut as Company Faces Opioid Lawsuit

      McKesson CEO Takes 10% Pay Cut as Company Faces Opioid Lawsuit

      McKesson CEO John Hammergren will take a 10 percent pay cut in fiscal 2018 as the company faces a shareholder lawsuit for allegedly failing to audit controls for opioid-based painkillers, according to Bloomberg . The lawsuit was filed in 2017 by shareholder Chaile Steinberg against former and current McKesson executives and directors...

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      Mentions: CEO Google Twitter
    5. Rent-A-Center to Be Taken Private by Vintage

      Rent-A-Center to Be Taken Private by Vintage

      Vintage, which originally offered $13 per share for Rent-A-Center last fall, made a $14-per-share proposal on June 12. Rent-A-Center said Monday its board had unanimously accepted an improved $15-per-share offer that represents a premium of 25% to the stock’s Friday close. The board “is confident [the proposal] maximizes value for stockholders while delivering a significant and immediate cash premium,” CEO Mitch Fadel said in a news release...

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    6. Shareholders Are Trying to Pressure Jeff Bezos into Cutting Off Amazon's Deals to Sell Facial Recognition to Police Departments

      Shareholders Are Trying to Pressure Jeff Bezos into Cutting Off Amazon's Deals to Sell Facial Recognition to Police Departments
      • Civil rights groups and a shareholders are putting pressure on Amazon CEO Jeff Bezos to stop selling the Amazon Rekognition facial recognition software to law enforcement agencies.
      • The groups raise privacy concerns, along with worries about how the software can be used to unfairly target vulnerable communities.
      • Amazon has defended its practice of selling to law enforcement, saying that the software has already helped find victims of abduction...
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      Mentions: CEO Amazon risk
    7. Elliott Raises Stake in Germany's GEA to Over 5 Percent

      Elliott Raises Stake in Germany's GEA to Over 5 Percent

      FRANKFURT (Reuters) - Activist shareholder Elliott has raised its stake in German food processing equipment maker GEA Group ( G1AG.DE ) to 5.03 percent from 3.01 percent as of June 12, a regulatory filing by GEA showed on Monday. Elliott’s holding rose above 3 percent in October. Reporting by Maria Sheahan; Editing by Edward Taylor...

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    8. Facebook Quietly Made a Huge Concession to Shareholders as it Aims to Avoid Another Data Disaster

      Facebook Quietly Made a Huge Concession to Shareholders as it Aims to Avoid Another Data Disaster
      • Facebook has beefed up the power of its audit committee, which is chaired by former White House chief of staff Erskine Bowles.
      • The committee will monitor Facebook's social impact, privacy safeguards, and cybersecurity risk.
      • It is being seen as a major concession to shareholders, who have campaigned for a risk committee.
      • They welcomed the news, but said Facebook will be judged by its actions, not its promises...
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    9. BlackBerry CEO John Chen in Line for Huge Pay Package

      BlackBerry CEO John Chen in Line for Huge Pay Package

      When we told you in March of CEO John Chen’s lucrative contract extension at BlackBerry Ltd. − stock awards designed to be worth more than US$300-million − we also knew Mr. Chen was in line for a cash bonus, amount to be named later. Shareholders scouring the company’s proxy statement now know the number: Mr. Chen is in line for a possible US$90-million award, on top of the shares BlackBerry granted him...

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      Mentions: CEO ISS NYSE
    10. Perry Ellis Agrees to Go Private After Bid From Former Executive Chairman

      Perry Ellis Agrees to Go Private After Bid From Former Executive Chairman

      Perry Ellis International Inc. PERY 0.87% agreed to go private in a deal valued at $437 million, four months after George Feldenkreis, the founder and former executive chairman, made a bid for the apparel company. A newly formed entity controlled by Mr. Feldenkreis will acquire the Perry Ellis shares for $27.50 each. The offer represents a premium of 21.6% to the company’s share price Feb. 5, the last day before the proposal from Mr. Feldenkreis...

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    11. McKesson Reduces CEO's Pay 10% Following Revolt by Investors

      McKesson Reduces CEO's Pay 10% Following Revolt by Investors

      (Bloomberg) -- McKesson Corp. cut Chief Executive Officer John Hammergren’s pay by about 10 percent following a shareholder revolt spurred by claims about the health-care firm’s alleged role in the nation’s opioid crisis. The International Brotherhood of Teamsters led a vote-no campaign in 2017 against the firm’s executive pay plan after accusing the drug distributor of aggravating the opioid epidemic...

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      Mentions: Investors CEO crisis
    12. Elon Musk Bought $25 Million Worth of Tesla Stock, Just a Day After Laying Off 9% of Tesla Employees

      Elon Musk Bought $25 Million Worth of Tesla Stock, Just a Day After Laying Off 9% of Tesla Employees

       

      • Elon Musk bought about $25 million worth of Tesla stock this week.
      • His purchases come after Musk announced to Tesla employees that the company was cutting 9% of its workforce.
      • It could be a signal to employees and Wall Street that he's still optimistic about the future of Tesla.

      Tesla Motors CEO Elon Musk has personally purchased about $25 million worth of stock in his own company, according to a filing with the SEC on Wednesday.

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      Mentions: CEO SEC Tesla
    1-24 of 8137 1 2 3 4 ... 337 338 339 »
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