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    1. Judge Blocks Fuji-Xerox Deal Temporarily, Allows Director Battle To Proceed

      Judge Blocks Fuji-Xerox Deal Temporarily, Allows Director Battle To Proceed

      Not a picture perfect way to end the week for Xerox. A New York Judge late Friday issued an order temporarily blocking Xerox Corp.'s ( XRX ) plan to merge with Fujifilm. At the same time, the judge gave the document technology company's third-largest shareholder permission to move ahead with a change-of-control proxy contest to take over Xerox's board...

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    2. Wells Fargo Director Hernandez to Exit After Scandal, Maintains Side Deals

      Wells Fargo Director Hernandez to Exit After Scandal, Maintains Side Deals

      Wells Fargo & Co. ( WFC ) director Enrique Hernandez Jr. will step down from the company's board in April, following the costliest scandal in the U.S. bank's corporate history and an order by the Federal Reserve to improve risk-management and oversight. But Hernandez, the 62-year-old majority owner of a private-security company he took over from his father, could keep getting riches from his board tenure long after he's gone...

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    3. Women Are Gaining Seats Without Power on Corporate America's Boards

      Women Are Gaining Seats Without Power on Corporate America's Boards

      The biggest U.S. companies, which have been promoting women directors amid evidence that gender diversity can lead to better financial results, give those women fewer leadership roles once they're on the board, according to a study. Among lead independent directors in the S&P 1500 in 2015, 57 were female compared with 539 who were men, according to the report, written by Yaron Nili, an assistant professor of law at the University of Wisconsin Law School...

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    4. Tesla (NASDAQ:TSLA) CEO Elon Musk Could Make a Killing From His Stock Options

      Tesla (NASDAQ:TSLA) CEO Elon Musk Could Make a Killing From His Stock Options

      One of two major U.S. proxy advisory firms, Glass Lewis, has recommended shareholders of electric car marker and solar panel installer Tesla Inc. ( TSLA ) vote against a proposal to grant CEO Elon Musk performance-based stock options the company says are worth about $2.6 billion at Tesla's annual meeting set for March 21. Unlike a typical Say for Pay vote, shareholders' votes will be binding for the company, and notably, Elon Musk recused his roughly 20% stake from voting...

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    5. Why Activist Investors Won't Target Ups (NYSE:UPS) Even After Lackluster Results

      Why Activist Investors Won't Target Ups (NYSE:UPS) Even After Lackluster Results

      United Parcel Services Inc. ( UPS ) shares have been on a downward trajectory for most of the month of February, following another lackluster quarter. Most recently, the shipping giant's shares fell on news that Amazon.com ( AMZN ) may launch a delivery service for businesses, a prospect that could eat into UPS's profits...

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    6. Icahn, Activists Eye New Possibilities Following Market Plunge

      Icahn, Activists Eye New Possibilities Following Market Plunge

      However, for now, he added, that the fundamentals of U.S. companies are sound, especially following sweeping corporate tax break legislation ... Also, Charles Elson, director of the Center for Corporate Governance at the University of Delaware, noted that it now will be that much cheaper for an activist ...

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    7. In Wells Fargo's Board `Refreshment,' There Are No Spa Treatments

      In Wells Fargo's Board `Refreshment,' There Are No Spa Treatments

      "To use the term refreshment is to suggest that this is just business as usual," Nell Minow, vice chair of consultant ValueEdge Advisors, which counsels big investors on corporate governance , said in a telephone interview. "But it's really a euphemism to make it sound like they're just fluffing up the pillows ...

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    8. Corvex's Keith Meister Launches Energen Proxy War

      Corvex's Keith Meister Launches Energen Proxy War

      Corvex Management LP's Keith Meister on Wednesday escalated his effort to drive a sale of Energen Corp. ( EGN ) by nominating a minority-slate of four dissident director candidates to the company's nine-person board. "Today we are nominating four highly-qualified, independent director candidates who will bring fresh perspectives and relevant experience along with a simple mandate—to run the company in the best interests of all shareholders," Meister said in a statement...

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    9. P&G Preps for Nelson Peltz Invasion

      P&G Preps for Nelson Peltz Invasion

      Procter & Gamble Co. ( PG ) beat expectations for earnings per share, met key forecasts for organic revenue growth, adjusted its C-Suite pay packages and hiked its share re-purchase program significantly for the rest of fiscal 2018. In short, the iconic packaged goods company did what it needed to do in the second quarter as it moves to welcome activist investor Nelson Peltz to its board March 1...

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      Mentions: CEO CFO Nelson Peltz
    10. Three Activist Hedge Funds to Watch

      Three Activist Hedge Funds to Watch

      In a year where some of the biggest names in activism—Nelson Peltz, David Einhorn, and Bill Ackman to name a few — had less-than-stellar returns , a few less-known activist hedge fund managers performed surprisingly well. Leading the pack was sometimes-activist investor Voce Capital Management's Daniel Plants, with 19% returns for the year, according to a person familiar with the situation...

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    1-24 of 341 1 2 3 4 ... 13 14 15 »
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