(Reuters) - Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance...
Some members of the board have grown alarmed by what they see as Mr. Musk’s erratic behavior, the New York Times reports...
The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period. More The pay of FTSE 100 bosses surged 11 percent in the past year, pushing their median pay up to nearly £4 million ($5.1 million), according to a report which also found full-time employees received a 2 percent rise over the same period...
Musk publicly floated the possibility of a buyout last week, and the company has been offering updates and added context in the days since...
Activist investor Carl Icahn has reversed his position on US health insurer Cigna’s purchase of pharmaceutical subscription company Express Scripts...
Elliott, the firm founded and led by billionaire Paul Singer, says it has economic exposure to about 8.4 percent of Nielsen's shares and indicates it intends to push for a sale...
(Bloomberg) -- Dean Foods Co., the largest U.S. milk bottler, cut its profit forecast last week. A day later, it amended an incentive compensation plan for senior executives, severing a link between earnings and some of their potential bonus payments...
An activist Brookdale Senior Living shareholder last week took the company to task for blocking corporate governance changes and called for it to sell ...
... advising companies on contentious M&A transactions, proxy fights and corporate governance issues into one of the more well-known on Wall Street...
Activist investor Elliott Management Corp. has taken a big stake in Nielsen Holdings PLC and plans to push the TV-ratings company to sell itself. The New York hedge fund owns more than 8% of Nielsen, worth at least $640 million, people familiar with the matter said Sunday. Elliott, which has been launching campaigns at a blistering pace this year, could unveil the new effort as soon as Monday. Multiple...
California is moving toward becoming the first state to require companies to have women on their boards –assuming the idea could survive a likely court challenge. Sparked by debates around fair pay, sexual harassment and workplace culture, two female state senators are spearheading a bill to promote greater gender representation in corporate decision-making...
(Bloomberg) -- Another prominent shareholder advisory firm has come out in support of Cigna Corp.’s $54 billion takeover of pharmacy benefits manager Express Scripts Holding Co., dealing another blow to activist investor Carl Icahn’s efforts to block the transaction...
Microsoft's chief made a big stock sale on Friday as the company's shares neared an all-time high...
(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) on Friday recommended that Cigna Corp investors vote for the health insurer's $52 billion purchase of pharmacy benefits manager Express Scripts, a deal that has been opposed by activist investor Carl Icahn...
WASHINGTON (AP) - The indictment of Rep. Chris Collins on insider trading charges is drawing new attention to the freedom members of Congress have to serve on corporate boards or to buy and sell stock in industries they're responsible for overseeing...