Even as Wal-Mart Stores Inc showed unusual openness to outsiders' complaints by taking steps including raising wages, it has been trying to slam the door on a shareholder proposal that could weaken the founding Walton family's power over its board.
Institutional Shareholder Services
Four Bank of America Corp (BAC.N) directors on the board's governance committee received unusually small majorities of votes for re-election at this week's annual meeting, according to tallies the company released on Thursday.
Changing their previous stance, two influential proxy advisory firms advised Family Dollar Stores Inc shareholders to vote for the retailer's acquisition by Dollar Tree Inc, saying the deal offered more certainty of closure.
Shareholders of Portugal Telecom (PTC.LS) and Brazil's Oi (OIBR3.SA) on Monday approved the revised terms of a merger after a failed debt investment forced the Portuguese company to accept less favorable terms in the tie-up.
Oracle Corp shareholders had rejected for the second year the executive compensation scheme for CEO Larry Ellison et al.
A number of prominent institutional investors and proxy advisory firms have supported a resolution calling for a split of CEO-Chairman duties at 21st Century Fox.
ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- Tesla Shareholder Asks Judge to Prevent Elon Musk From Moving Pay Fight to Texas to Evade Delaware Ruling
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags
- Illinois Woman, Who Mysteriously Drowned After Giving $1.5 Million to Online Romance Scammers, Knew She'd 'End up Dead'