Christian Brothers Investment Services demands action to ‘dramatically revise corporate governance practices’ Original post on guardian.co.uk Comments on reddit.com
Tag Archives: shareholder
Why it’s time to rein in CEO pay – Global Public Square
By Heather Gautney, Special to CNN Editor’s note: Heather Gautney is an assistant professor of sociology at Fordham University, and author of ‘Protest and Organization in the Alternative Globalization Era.’ The views expressed are her own. Original post on cnn.com Comments on reddit.com
Howard Schultz to Anti-Gay-Marriage Starbucks Shareholder: ‘You Can Sell Your Shares’
(Photo credit: Wikipedia) At Starbucks’ annual meeting in Seattle on Wednesday a shareholder complained to the chief executive, Howard Schultz, that the company had lost customers because of its support for gay marriage. Last year Starbucks announced its support for Washington’s state’s referendum backing gay marriage, and in response the National [...] Original post on forbes.com Comments on reddit.com
Procter & Gamble board sticks by its criticized CEO
Hedge fund manager who owns 1% of company’s stock has 75 pages of complaints about CEO Bob McDonald’s leadership. Original post on usatoday.com Comments on reddit.com
Zynga hit by twin lawsuits after stock carnage – Reuters
SAN FRANCISCO (Reuters) – Zynga Inc was hit by a pair of lawsuits from shareholders accusing the FarmVille creator of failing to warn about declines in user and revenue growth before disastrous results Original post on reuters.com Comments on reddit.com
Law firms investigating Zynga for insider stock sell-off – Ars Technica
Execs, investors allegedly cashed out without disclosing insider knowledge. Original post on arstechnica.com Comments on reddit.com
BP forced by Russian court to pay $3bn damages over failed Rosneft deal – Business – guardian.co.uk
BP ordered to pay to its joint venture TNK-BP after Siberian shareholder claimed link with Rosneft damaged company’s value Original post on guardian.co.uk Comments on reddit.com
Corporations Have Feelings (A Short Story by the GOP) – Common Dreams
Netflix Investors Vote To Change Governance Rules – Deadline.com
Netflix shareholders thumbed their nose at management by voting decisively to get rid of the classified board — meaning all directors would be up for elec Original post on deadline.com Comments on reddit.com
JPMorgan’s Dimon gets his $23 million pay package – May. 15, 2012
The Jamie Dimon apology tour is likely to continue on Tuesday as the CEO and chairman of the nation’s largest bank goes before shareholders at JPMorgan’s annual meeting. Original post on cnn.com Comments on reddit.com
BBC News – Barclays stung by shareholder pay revolt
Barclays management is stung by a revolt over pay, as 26.9% of shareholders vote against the bank’s remuneration report. Original post on bbc.co.uk Comments on reddit.com
Citigroup CEO and directors sued over executive pay – Reuters
(Reuters) – Days after being rebuked by shareholders, Citigroup Inc
Citigroup’s Chief Rebuffed on Pay by Shareholders – NYTimes.com
Citigroup’s shareholders voted down an endorsement of the bank’s plan to award its chief executive, Vikram Pandit, $15 million in compensation, in a show of frustration about Wall Street pay. Original post on nytimes.com Comments on reddit.com
Reckless: The Inside Story of How the Banks Beat Washington (Again) – Jesse Eisinger/ProPublica – Business – The Atlantic
The exclusive story of why the Federal Reserve caved to the largest financial institutions over dividends in 2011 — and how Wall Street still owns the place. Original post on theatlantic.com Comments on reddit.com
Righting the record on prison rape – Sadhbh Walshe – Comment is free – guardian.co.uk
Sadhbh Walshe: One lone shareholder is on a crusade to force America’s largest private prison corporation to publish records on sexual abuse Original post on guardian.co.uk Comments on reddit.com
THE DWARF-THROWING BILLIONAIRE WHO’S BUYING UP AMERICA: Tales Of The Mysterious Saudi Prince Alwaleed
His inner circle reveals all. More