1. Articles in category: BoardNews

    73-96 of 7527 « 1 2 3 4 5 6 7 ... 312 313 314 »
    1. Barclays Will Take a $1.3 Billion Writedown Because of US Tax Reform

      Barclays Will Take a $1.3 Billion Writedown Because of US Tax Reform
      • Barclays will take a $1.3 billion writedown because of US tax reform.
      • The bank says the tax overhaul will cause its tier 1 capital to fall by about 20 basis points.

      (Reuters) - Barclays expects to take a writedown of about 1 billion pounds ($1.34 billion) on its annual post-tax profit as a result of the U.S. tax overhaul, the bank said in a statement on Wednesday...

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      Mentions: Barclays Tax Reform
    2. HCA lets Major Shareholders Nominate Directors After Activist Investor Pushes for Change

      HCA lets Major Shareholders Nominate Directors After Activist Investor Pushes for Change

      The directors of Nashville, Tenn.-based HCA Healthcare voted last week to allow established investors to participate in the board seat nomination process, according to a filing with the Securities and Exchange Commission. The company added a provision to its amended bylaws to allow an individual stockholder or a group of up to 20 stockholders who have owned at least 3 percent of HCA's common stock for at least three years to nominate directors...

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      Mentions: Investors SEC Bylaws
    3. Rent-A-Center Board Sets Stage for One-Year Terms

      Rent-A-Center Board Sets Stage for One-Year Terms

      “It is clear the board realizes robust corporate governance practices, including strong and independent oversight, are and will continue to be important contributors to enhancing shareholder value at RCII.” The amendment permitting the declassification of the board will require the approval of common ...

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    4. Apple Has Returned $234 Billion to Shareholders — and There's More to Come

      Apple Has Returned $234 Billion to Shareholders — and There's More to Come

      REUTERS/Stephen Lam

      • Of the $234 billion returned to Apple shareholders since 2012, about $61 billion went to dividends, and $173 went to share purchases.
      • In other words, about 74% of Apple's capital return program has gone toward share repurchases.
      • In May, Apple expanded its total cumulative authorization from $250 billion to $300 billion, giving the program an expiration date of the end of March 2019...
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    5. Fourth Miss America Executive Resigns Over Vulgar Email Chain: Female Board Member Joins CEO...

      Fourth Miss America Executive Resigns Over Vulgar Email Chain: Female Board Member Joins CEO...

      Later Friday, the Miss America Organization Board of Directors revealed they voted in favor of the 62-year-old's suspension. 'The Miss America Organization Board of Directors today voted to suspend Executive Chairman and CEO Sam Haskell. Mr. Haskell, in support of the organization, has agreed to ...

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      Mentions: CEO Twitter resign
    6. Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      A preliminary ruling from a federal judge against William Ackman, his hedge fund and Valeant Pharmaceuticals International Inc. in an insider-trading case could trigger a settlement between the activist investor and shareholders of Allergan PLC. In recent days, Mr. Ackman, his partners and the plaintiffs have been back in touch with the mediator in the matter, according to people familiar with the matter. There are several parties who would have to agree to any deal...

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    7. Former Orbitz CEO Barney Harford Is Uber’s New Chief Operating Officer

      Former Orbitz CEO Barney Harford Is Uber’s New Chief Operating Officer

      Post Send Barney Harford , the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber Technologies Inc. , making him the second-highest ranking executive at the ride-hailing company. Harford, who sits on the board of airline company United Continental Holdings Inc., will oversee global ride-hailing operations, marketing, customer support, and the company’s food-delivery business...

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    8. The Mission of Ford's New CEO is Being Dragged Down by the Car Business

      The Mission of Ford's New CEO is Being Dragged Down by the Car Business
      • Jim Hackett responded forcefully to a New York Times report about harassment at two Chicago plants.
      • Hackett's task has been to reset Ford story for Wall Street, but the reality of the auto industry is hampering his efforts.
      • He has no choice but to deal with the challenge of pointing Ford to the future without undermining its profitable past.

      When Jim Hackett took over as CEO of Ford from company veteran Mark Fields in May, the carmaker effectively split in two...

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      Mentions: CEO Ford Uber
    9. Wells Fargo Forms Stakeholder Advisory Council, Names CalSTRS' Anne Sheehan to Group

      Wells Fargo Forms Stakeholder Advisory Council, Names CalSTRS' Anne Sheehan to Group

      Wells Fargo has launched a stakeholder advisory council to enhance its understanding of issues relevant to stakeholders and the company, and has named Anne Sheehan, director of corporate governance at the $219.6 California State Teachers' Retirement System, West Sacramento, among the ...

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    10. HPE Chief Executive Officer Meg Whitman to Step Down from DXC Technology Board of Directors

      HPE Chief Executive Officer Meg Whitman to Step Down from DXC Technology Board of Directors

      Whitman's departure from the board is effective immediately. A new board member is expected to be named early in the new year. Pursuant to the merger agreement with HPE, HPE is entitled to select a replacement director reasonably satisfactory to the DXC Nominating Committee to fill the vacancy ...

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    11. Former Shell Executives Charged in $1.1 Billion Case — the Biggest Corporate Bribery Trial in History

      Former Shell Executives Charged in $1.1 Billion Case — the Biggest Corporate Bribery Trial in History
      • Top former executives from oil giants Shell and Eni are to stand trial for an alleged $1.1 billion bribery scheme, an Italian court ruled on Wednesday.
      • This is the biggest corporate bribery trial in history, and relates to alleged corruption in a deal done over a Nigerian oil block.
      • The trial is due to begin in March. Shell and Eni denied any wrongdoing...
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    12. Delaware Supreme Court Increases Risk For Boards In Making Discretionary Director Compensation Awards

      Delaware Supreme Court Increases Risk For Boards In Making Discretionary Director Compensation Awards

      On December 13, 2017, the Delaware Supreme Court issued a decision in In re Investors Bancorp, Inc. Stockholder Litigation, holding that director compensation awards made pursuant to an equity compensation plan that permits a board of directors discretion in making such awards will not be reviewed under the business judgment rule, which treats them as presumptively valid. Rather, such discretionary awards will be subject to review under the entire fairness standard, which places the burden of proof on the directors to show that the award process and amounts were objectively fair to the corporation and its stockholders...

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    73-96 of 7527 « 1 2 3 4 5 6 7 ... 312 313 314 »
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