1. Articles in category: BoardNews

    73-96 of 10335 « 1 2 3 4 5 6 7 ... 429 430 431 »
    1. E.l.f. Beauty CEO Defends Track Record

      E.l.f. Beauty CEO Defends Track Record

      Activist investor Marathon Partners is launching a new campaign against beauty products maker e.l.f. Beauty Inc (NYSE: ELF) and wants to nominate three directors to the eight-person board. Marathon timeline Marathon Partners has been an e.l.f. Beauty shareholder since 2018 when it owned around 5% of the entire company. The activist initially pushed e.l.f. Beauty to consider a sale of itself or refocus on its core operations...

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    2. Tesla Shareholders Will Vote on Whether the Company Should do Something it's Never Done Defore: Advertise (TSLA)

      Tesla Shareholders Will Vote on Whether the Company Should do Something it's Never Done Defore: Advertise (TSLA)
      • A Tesla shareholder has proposed that the company spend money on advertising for the first time in its history.
      • Investors will vote on the matter in July at the company's annual meeting, but it's not likely to pass.
      • Even without ads, Tesla is worth more than most other traditional automakers and demand has largely outpaced production...
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    3. Billionaire Investor Carl Icahn Dumped all of his Hertz Shares at an Almost $2 Billion Loss After the Car Rental Giant's Bankruptcy

      Billionaire Investor Carl Icahn Dumped all of his Hertz Shares at an Almost $2 Billion Loss After the Car Rental Giant's Bankruptcy

      Carl Icahn gives an interview on FOX Business Network in 2014 Reuters Carl Icahn dumped his 39% stake in Hertz at a loss of nearly $2 billion on Tuesday. The billionaire investor sold his 55.3 million shares for less than $40 million after the car-rental agency filed for bankruptcy last week, a financial filing showed . "I sold my equity position at a significant loss, but this does not mean that I don't continue to have faith in the future of Hertz," Icahn said in the filing...

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    4. Delaware Bankruptcy Court Rules that Shareholder Cannot Enforce “Golden Share” Blocking Right to Dismiss Bankruptcy Filed Without its Consent

      Delaware Bankruptcy Court Rules that Shareholder Cannot Enforce “Golden Share” Blocking Right to Dismiss Bankruptcy Filed Without its Consent

      As the COVID-19 pandemic continues to disrupt businesses and markets, and companies begin to look to bankruptcy courts for relief from the resulting liquidity and operational distress, the issue of creditor and shareholder “blocking rights” seems likely to become an important topic as parties attempt to protect their investments...

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    5. WeWork is Set to Vote on Adding 2 New Independent Board Members After Big Investors Suing SoftBank Unsuccessfully Tried to Stop It

      WeWork is Set to Vote on Adding 2 New Independent Board Members After Big Investors Suing SoftBank Unsuccessfully Tried to Stop It
      • WeWork's board is set to vote on Friday to add two temporary independent directors to the SoftBank-controlled board.
      • The duo, who bring deep business and legal expertise, would decide whether the current lawsuit against SoftBank can continue.
      • A pair of current board members – the only non-SoftBank-affiliated directors – contested the additions in court on Wednesday, arguing that the process would hurt WeWork's minority shareholders...
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    6. Tuesday Morning Corporation Files Chapter 11 to Pursue Financial and Operational Reorganization

      Tuesday Morning Corporation Files Chapter 11 to Pursue Financial and Operational Reorganization

      Tuesday Morning Corporation (NASDAQ: TUES) today announced it will pursue financial and operational reorganization designed to allow the Company to reduce its outstanding liabilities and strengthen its overall financial position. These actions are in response to the immense strain the COVID-19 pandemic and related store closures have put on the business...

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    7. Influential Advisory Firm Urges Shareholders To Just Say No To Big Media And Big Tech Executive Pay Policies

      Influential Advisory Firm Urges Shareholders To Just Say No To Big Media And Big Tech Executive Pay Policies

      Institutional Shareholder Services, an influential de facto corporate watchdog, is advising stockholders to vote no on executive compensation for NetflixComcastand Google parent Alphabet at annual meetings this week and next, while slamming the pay criteria at Facebook...

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    8. GameStop Issues Investor Presentation Highlighting its Progress Driving Value for All Stockholders

      GameStop Issues Investor Presentation Highlighting its Progress Driving Value for All Stockholders

      GameStop Corp. (NYSE: GME) (the “Company”) today announced that it has filed a detailed investor presentation titled “Driving Value for All Stockholders,” highlighting GameStop’s significant recent refreshment of the Board and management, as well as leadership’s successful progress on executing the business transformation plan “GameStop Reboot.”...

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    9. Liberty Global Plays Down CEO’s Potential Nine-Figure Pay Packet

      Liberty Global Plays Down CEO’s Potential Nine-Figure Pay Packet

      (Bloomberg) -- Liberty Global Plc’s Chief Executive Officer Mike Fries is in line for as much as $123 million in compensation, filings ahead of its June 30 annual meeting show. The company was keen to call that gross figure misleading. Fries is able to bank about $50 million for the year finished 2019. About half of that is equity awards. The larger nine-figure number in the proxy filing includes unearned performance-related income rolled in from the next five years, the company said...

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    10. Mack-Cali Board Minority Accuses Colleagues of Ignoring Concerns

      Mack-Cali Board Minority Accuses Colleagues of Ignoring Concerns

      (Bloomberg) -- Four Mack-Cali Realty Corp. directors elected last year after a proxy fight with one of the company’s largest investors are going public with claims their views are being ignored as another boardroom battle comes to a head. The foursome is taking the unusual step of issuing a rebuke of the board’s old-guard majority, arguing they are disregarding concerns about the strategic direction of the real estate investment trust...

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    73-96 of 10335 « 1 2 3 4 5 6 7 ... 429 430 431 »
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