1. Articles in category: BoardNews

    25-48 of 9587 « 1 2 3 4 5 ... 398 399 400 »
    1. Superdry Moves to Fill Boardroom Seats after Dunkerton's Bruising Battle

      Superdry Moves to Fill Boardroom Seats after Dunkerton's Bruising Battle

      The company said Helen Weir will become senior independent director and Alastair Miller will be the chair of the audit committee." data-reactid="23">The company said Helen Weir will become senior independent director and Alastair Miller will be the chair of the audit committee. "Since becoming Chairman in April it has been a priority of mine to restore the Board to full strength and these appointments are a big step in that direction," said Chairman Peter Williams...

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      Mentions: Superdry
    2. Broadcom Is in Advanced Talks to Acquire Symantec

      Broadcom Is in Advanced Talks to Acquire Symantec

      (Bloomberg) -- Broadcom Inc. is in advanced talks to buy cybersecurity firm Symantec Corp., according to people familiar with the matter, seeking a further expansion into the more profitable software business.Broadcom could reach an agreement to buy the Mountain View, California-based company within weeks, said the people, who asked to not be identified because the matter isn’t public...

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      Mentions: Broadcom Symantec
    3. Sen. Elizabeth Warren Calls on ex-FDA Chief Gottlieb to Resign from Pfizer’s Board, says it ‘smacks of corruption’

      Sen. Elizabeth Warren Calls on ex-FDA Chief Gottlieb to Resign from Pfizer’s Board, says it ‘smacks of corruption’

      Sen. Elizabeth Warren on Tuesday called on the former head of the Food and Drug Administration, Scott Gottlieb, to resign from Pfizer’s board of directors, saying the appointment months after leaving the agency “smacks of corruption.” “This kind of revolving door influence-peddling smacks of...

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    4. EQT Strongly Disagrees with ISS Recommendation

      EQT Strongly Disagrees with ISS Recommendation

      EQT Corporation (NYSE: EQT) today issued the following statement in response to a report issued by Institutional Shareholder Services (“ISS”) in connection with the election of directors to EQT’s Board at the Company’s 2019 Annual Meeting of Shareholders, scheduled for July 10, 2019: EQT strongly disagrees with ISS’s recommendation to vote for the Toby Rice Group nominees...

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      Mentions: ISS EQT Corporation
    5. Third Point Sends Letter to United Technologies Corporation’s Board of Directors

      Third Point Sends Letter to United Technologies Corporation’s Board of Directors

      NEW YORK--(BUSINESS WIRE)--Third Point LLC (“Third Point”) (LSE: TPOU), a global alternative investment firm managing approximately $15 billion in assets on behalf of public institutions, private entities and qualified individual clients, today sent a detailed letter to United Technologies Corporation’s (“UTC”) (NYSE: UTX) Board of Directors (the “Board”) laying out its concerns over UTC’s proposed merger with Raytheon Company (“Raytheon”)...

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    6. Chico's FAS, Inc. Board of Directors Unanimously Rejects Unsolicited Proposal from Sycamore Partners

      Chico's FAS, Inc. Board of Directors Unanimously Rejects Unsolicited Proposal from Sycamore Partners

      /PRNewswire/ -- Chico's FAS, Inc. (NYSE: CHS) (the "Company") today announced that its Board of Directors (the "Board") has unanimously rejected the unsolicited proposal received from Sycamore Partners ("Sycamore") on June 19, 2019 to acquire all of the outstanding shares of Chico's FAS for $3.00 per share in cash...

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    7. United Tech Responds to Third Point Criticism of Planned Raytheon Deal

      United Tech Responds to Third Point Criticism of Planned Raytheon Deal

      United Technologies Corp. UTX, +1.06% said Friday it does not agree with a letter from hedge fund Third Point LLC released early Friday that questions the strategic rationale behind its proposed merger with Raytheon Co. RTN, -2.39% "While we welcome the opinions of all of our shareowners, we do not agree with the assertions and conclusions in the Third Point letter," the company said in a statement...

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    8. Bayer Seeks Glyphosate Litigation Advice as Elliott Reveals Stake

      Bayer Seeks Glyphosate Litigation Advice as Elliott Reveals Stake

      (Reuters) – Chemicals giant Bayer, under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a committee to help resolve a multi-billion dollar glyphosate litigation issue. Bayer has seen its share price tumble in the wake of its $63 billion acquisition of Monsanto, which ...

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    9. BlackBerry’s Use of Non-Standard Metrics Violates SEC Rules

      BlackBerry’s Use of Non-Standard Metrics Violates SEC Rules

      BlackBerry Ltd. reported fiscal first-quarter earnings on Wednesday that led with and were dominated by non-standard numbers, putting the company at risk of an enforcement action from the U.S. Securities and Exchange Commission. The headline on the earnings release highlights the cybersecurity company’s non-GAAP revenue, or revenue that does not conform with Generally Accepted Accounting Principles, a metric the regulator does not allow...

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    10. Carl Icahn Rips Occidental's Board for Treating Shareholders like 'peasants'

      Carl Icahn Rips Occidental's Board for Treating Shareholders like 'peasants'

      Activist investor Carl Icahn Opens a New Window.  ripped his longtime nemesis Occidental Petroleum Opens a New Window.  on Tuesday, criticizing the Houston-based company’s board of directors while offering praise for officials who facilitated Eldorado Resorts’ $17.3 billion deal to acquire the Caesars casino empire...

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    11. Abbvie is Buying Botox-Maker Allergan in a $63 Billion Pharma Mega-Deal

      Abbvie is Buying Botox-Maker Allergan in a $63 Billion Pharma Mega-Deal
      • AbbVie has agreed to buy Allergan in a $63 billion cash-and-stock deal.
      • Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each Allergan share that they hold, totaling $188.24 per Allergan share.
      • The offer represents a 45% premium to the closing price of Allergan's shares on Wednesday...
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    12. Irate Shareholders Force Nissan to Overhaul Board

      Irate Shareholders Force Nissan to Overhaul Board

      TOKYO-- Nissan Motor Co. shareholders voted to overhaul the company's board structure, a key goal of Chief Executive Hiroto Saikawa. Following a rowdy meeting where shareholders shouted at current board members, Nissan management and each other, the measure passed in large part due to the support of alliance partner Renault SA, which owns 43.4% of the Japanese company. Shareholders approved the creation of new board committees for executive compensation, audit matters and director nominations...

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    13. These Are the Japanese Companies That Pay Executives Best

      These Are the Japanese Companies That Pay Executives Best

      (Bloomberg) -- It’s official -- SoftBank Group Corp. is Japan’s most generous employer, at least when it comes to executive pay. Six of the country’s 10 biggest salary packages last fiscal year were offered by SoftBank, according to a report from Tokyo Shoko Research Ltd. SoftBank Group Vice Chairman Ronald Fisher topped the list with 3.27 billion yen ($31 million) in the period ended March 31. Toyota Motor Corp. director Didier Leroy, the highest-paid non-SoftBank executive, ranked No...

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    14. Del Frisco Restaurant to be Taken Private by L Catterton for $267.3 Million

      Del Frisco Restaurant to be Taken Private by L Catterton for $267.3 Million

      (Reuters) - Del Frisco's Restaurant Group Inc said on Monday it agreed to be bought by private equity firm L Catterton for $267.3 million (209.7 million pounds), ending a six-month-long battle with its third largest investor which has been pushing for a sale. Del Frisco's, which owns Eagle Steak House and Frisco's Grille chains, said its shareholders will receive $8 per share, which represents a premium of 18.9% to Friday's close. Including debt, the deal is valued at $650 million...

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    25-48 of 9587 « 1 2 3 4 5 ... 398 399 400 »
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