1. Articles in category: BoardNews

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    1. Directors Elected with Increased Level of Shareholder Support

      Directors Elected with Increased Level of Shareholder Support

      NEW YORK, Oct. 2, 2013 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) and PwC's Center for Board Governance today released their third ProxyPulse(TM) report covering over 4,000 shareholder meetings from January 1 through June 29, 2013. It includes the finding that directors were elected with 95% of shares voted in their favor...

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    2. Fitch Downgrades J.C. Penney's IDR to 'CCC'

      Fitch Downgrades J.C. Penney's IDR to 'CCC'

      CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded the Issuer Default Ratings (IDRs) on J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. to 'CCC' from 'B-'. A full list of rating actions follows at the end of this press release. KEY RATING DRIVERS Higher than expected cash burn in 2013: The rating downgrades reflect higher than expected cash burn in 2013 and Fitch's concern that the ...

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    3. Paragon Responds to Colossal Losses at SED International

      Paragon Responds to Colossal Losses at SED International

      EASTON, Pa.--(BUSINESS WIRE)--Paragon Technologies, Inc.: October 1, 2013 Dear SED International Shareholders: On September 30, 2013, SED International Holdings (NYSE MKT:SED) announced one of its worst financial performances in its 33 year history. In 12 months, SED lost nearly $16 million. Of even greater concern is the 67% permanent loss – equivalent to $16.8 million or $3.14 per share – of ...

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    4. Sterling Financial's Board Under Investigation

      Sterling Financial's Board Under Investigation
      LOS ANGELES--(BUSINESS WIRE)--September 30, 2013 -- Binkow & Goldberg LLP is investigating potential claims against the Board of Directors of Sterling Financial Corporation ("Sterling" or the "Company") (NASDAQ:STSA) related to the proposed acquisition of the Company by Umpqua Holdings Corp. The transaction is valued at approximately $1.9 billion, and under the terms of the agreement Sterling shareholders will receive $1.671 shares of Umpqua common stock and $2.18 in cash for each share of Sterling common stock owned.
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    5. Activist Investors Go Big

      Activist Investors Go Big

      Big companies sitting on piles of cash or shelling it out to their executives better beware: activist investors are targeting you.  This year, 60% of activists’ campaigns have focused on getting companies to boost returns or shake up their board. A record 30% of the campaigns have been aimed at big companies, almost double the average over the like period for the past four years, according to FactSet SharkWatch. The data provider defines large companies as those whose market value exceeds $1 billion...

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    6. Westfield Board to Call Special Meeting

      Westfield Board to Call Special Meeting

      WESTFIELD, Mass. (WWLP) - Controversy continues over Westfield State University President Evan Dobelle's spending. The schools board of trustees is now trying to call a special meeting to determine what to do next.  WSU President Dobelle has new representation as the controversy surrounding his spending habits continues. He's hired a lawyer and a new spokesman who has some harsh words for the board of trustees...

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    7. Robbery at JP Morgan

      Robbery at JP Morgan

      Government lawyers are backing up the truck again at J.P. Morgan ChaseJPM +0.37% to extract another haul from the country's largest bank. State and federal attorneys have burrowed close enough to J.P. Morgan's vault that the bank is considering a staggering $11 billion settlement related to mortgage-backed securities, including one of the largest fines ever against a single company...

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    8497-8520 of 9829 « 1 2 ... 352 353 354 355 356 357 358 ... 408 409 410 »
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