Institutional Shareholder Services

Wal-Mart resists investor pressure on independent chairman

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.

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Bank of America directors lose support from shareholders

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.

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Two proxy firms back Dollar Tree's bid for Family Dollar

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.

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Portugal Telecom, Oi shareholders approve new merger terms

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.

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Shareholders reject executive compensation scheme for second straight year

Oracle Corp shareholders had rejected for the second year the executive compensation scheme for CEO Larry Ellison et al.

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Investors propose leadership split at 21st Century Fox

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.

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ISS and Glass Lewis at odds over GSW Immobilien Actions

ISS and Glass Lewis at odds as to the removal of the CEO and Chairman for real estate GSW Immobilien AG.

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ISS says ok to Softbank bid for Sprint

ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint.

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