1. Articles from ABCNews.com

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    1. CEO Pay: When Investors Say "Nay" on Spiraling Packages

      CEO Pay: When Investors Say "Nay" on Spiraling Packages

      Shareholders are still voting overwhelmingly in favor of big pay packages for CEOs, but there are more pockets of resistance eight years after "Say on Pay" became a mandatory exercise at annual meetings. Median pay for CEOs at the biggest U.S. companies climbed 7% to $12 million last year, according to data analyzed by Equilar for The Associated Press. The median increase for a typical worker at these companies was 3%. Median means half were larger, and half were smaller...

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    2. Proxy Fight Over GM Stock Heats up Ahead of Annual Meeting

      Proxy Fight Over GM Stock Heats up Ahead of Annual Meeting

      Shares of General Motors are rising as a proxy fight escalates between the company and an activist shareholder who wants to split its shares into two classes. David Einhorn's Greenlight Capital said Tuesday that it's sending a letter to shareholders emphasizing that the stock price has barely grown since GM's initial public offering at $33 seven years ago. GM pointed out last week that two independent, corporate evaluation firms, ISS and Glass Lewis, recommended against the proposal...

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    1-24 of 29 1 2 »
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