1. Articles from wsj.com

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    1. Forest City Board Shake-Up Could Be a Harbinger for Other REITs

      Forest City Board Shake-Up Could Be a Harbinger for Other REITs

      After nine of 13 members of Forest City Realty Trust's board agreed to step down last month, investors turned their attention to other real-estate investment trusts that could face board pressure in the coming weeks.

      The problem: Shares of many REITs have been flagging for the past year, in part because of worries the property market is nearing a peak and partly because of higher interest rates, which make REITs less attractive....

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    2. Blackwells Launches Proxy Fight at Supervalu

      Blackwells Launches Proxy Fight at Supervalu

      A proxy fight is under way at Supervalu Inc. as an activist investor seeks to overhaul the board of directors at one of the nation’s largest grocery companies. Blackwells Capital LLC has nominated candidates for six seats on Supervalu’s nine-person board. Board members will be elected at the company’s shareholder meeting later this year. Supervalu...

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    3. The Fix for Misleading ‘CEO Pay Ratios’

      The Fix for Misleading ‘CEO Pay Ratios’

      In the coming weeks, many public companies in the U.S. will disclose for the first time their “pay ratios”—the CEO’s compensation divided by the median employee’s. The requirement to provide this ratio was included in the Dodd-Frank Act of 2010. But comparing the figures among different companies—and particularly different industries—will hardly be a straightforward task...

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    4. The Wall Street Journal: Activist Investor Urges Grocer Supervalu to Split, Explore Sale

      The Wall Street Journal: Activist Investor Urges Grocer Supervalu to Split, Explore Sale

      An activist investor is turning up its pressure on Supervalu Inc., planning a board fight and urging a breakup and potential sale of one of the nation’s biggest grocery companies. Blackwells Capital LLC, which owns about 4.35% of Supervalu’s stock, privately urged the board to give it three seats and form a committee to review potentially separating Supervalu’s retail and wholesale divisions and selling the wholesale group, according to a letter it sent the board Tuesday evening. ...

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    5. Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      Judge Sides Against Ackman and Valeant in Preliminary Allergan Ruling

      A preliminary ruling from a federal judge against William Ackman, his hedge fund and Valeant Pharmaceuticals International Inc. in an insider-trading case could trigger a settlement between the activist investor and shareholders of Allergan PLC. In recent days, Mr. Ackman, his partners and the plaintiffs have been back in touch with the mediator in the matter, according to people familiar with the matter. There are several parties who would have to agree to any deal...

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    6. ADP Vote to Offer a Status Check on Standing of Activist Investor Ackman

      ADP Vote to Offer a Status Check on Standing of Activist Investor Ackman

      Automatic Data Processing Inc. has spent the past several years trying to modernize its business. On Tuesday, shareholders will decide whether those moves are enough or if they want to allow one of Wall Street’s most powerful and polarizing investors into the boardroom. Famed hedge fund manager William Ackman is seeking a seat for himself and two others on ADP’s 10-person board, saying it has fallen behind hot technology companies that have made its human-resources industry user-friendly...

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    7. Arconic Names Former GE Executive Chip Blankenship as CEO

      Arconic Names Former GE Executive Chip Blankenship as CEO

      Aerospace parts specialist Arconic Inc. named former General Electric Co. executive Chip Blankenship as its new chief executive, seeking to bring an end to a year of management turmoil that included a bitter fight with an activist investor and the sudden resignation of its former chief. Mr. Blankenship, the former head of GE’s appliance business, will become Arconic’s CEO on Jan. 15., the company said Monday. Interim CEO David Hess, who has run the company since April, will stay as a director...

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    8. Companies That Perform Best Don’t Pay CEOs the Most

      Companies That Perform Best Don’t Pay CEOs the Most

      Large U.S. companies have for years sought to tie executive pay to financial and stock-market results, but a new study suggests their efforts aren’t working over the long term. The study, from investment research firm MSCI Inc., compared 10 years of stock-market returns at 423 U.S. companies to the compensation their CEOs received over that period. It found highly paid CEOs among the worst performers and vice versa, even counting market gains on their equity compensation...

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    1-24 of 183 1 2 3 4 5 6 7 8 »
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