Tag Archives: Shareholder Rights and Activism

The New York Times 8:22 pm on May 12, 2022
Tags: , , , Bogle, John C, , , Shareholder Rights and Activism, , , , , , Vivek Ramaswamy   

BlackRock, Vanguard and State Street Control a Piece of Nearly Everything

BlackRock, Vanguard and State Street collectively manage more than $20 trillion in assets. It’s not a political problem, but it might be an economic one.

#antitrust-laws-and-competition-issues, #blackrock-inc, #boards-of-directors, #bogle-john-c, #global-warming, #personal-finances, #shareholder-rights-and-activism, #standardpoors-500-stock-index, #state-street-corporation, #stocks-and-bonds, #united-states-economy, #vanguard-group-inc, #vivek-ramaswamy

The New York Times 7:42 pm on May 10, 2022
Tags: , , , , , Shareholder Rights and Activism   

How shareholders are pushing big banks for climate action

So far, many financial institutions have avoided decisive measures. But the pressure from activist shareholders isn’t going away.

#banking-and-financial-institutions, #global-warming, #greenhouse-gas-emissions, #internal-storyline-no, #internal-sub-only-nl, #shareholder-rights-and-activism

The New York Times 7:00 am on April 25, 2022
Tags: , , , , , , , Shareholder Rights and Activism,   

Warren Buffett Faces Renewed Climate Change Challenge by Investors

Mr. Buffett has pushed back against investors who want to force Berkshire Hathaway to do more to reduce greenhouse gas emissions.

#alternative-and-renewable-energy, #berkshire-hathaway-inc, #buffett-warren-e, #electric-light-and-power, #energy-and-power, #global-warming, #greenhouse-gas-emissions, #shareholder-rights-and-activism, #stocks-and-bonds

The New York Times 9:50 pm on April 11, 2022
Tags: , , , , , Shareholder Rights and Activism, , ,   

Twitter Grapples With an Elon Musk Problem

Mr. Musk, Twitter’s biggest shareholder, is free to buy more stock in the company and could use the platform against itself. Some employees are dismayed.

#agrawal-parag, #appointments-and-executive-changes, #boards-of-directors, #computers-and-the-internet, #musk-elon, #shareholder-rights-and-activism, #social-media, #stocks-and-bonds, #twitter

The New York Times 9:54 pm on February 20, 2022
Tags: , Icahn Enterprises L P, , , , , Shareholder Rights and Activism,   

Carl Icahn Pushes McDonald’s to Change Way It Sources Its Pork

The billionaire investor has proposed two candidates for the company’s board. The company argues that his demands are unreasonable given the current U.S. pork supply.

#animal-abuse-rights-and-welfare, #icahn-enterprises-l-p, #icahn-carl-c, #mcdonalds-corporation, #pork, #restaurants, #shareholder-rights-and-activism, #stocks-and-bonds

The New York Times 10:13 pm on January 23, 2022
Tags: , , , Shareholder Rights and Activism, , Trian Fund Management LP,   

Nelson Peltz Takes Aim at Unilever

An activist investor adds pressure as Unilever seeks a new strategic direction.

#glaxosmithkline-plc, #mergers-acquisitions-and-divestitures, #peltz-nelson, #shareholder-rights-and-activism, #stocks-and-bonds, #trian-fund-management-lp, #unilever-nv

The New York Times 10:00 am on November 24, 2021
Tags: , , , , , , , Ifeoma Ozoma, , , , Shareholder Rights and Activism, , ,   

Ifeoma Ozoma Blew the Whistle on Pinterest. Now She Protects Whistle-Blowers.

Ifeoma Ozoma, who accused Pinterest of discrimination, has become a key figure in helping tech employees disclose, and fight, mistreatment at work.

#apple-inc, #black-people, #computers-and-the-internet, #content-type-personal-profile, #discrimination, #facebook-inc, #google-inc, #ifeoma-ozoma, #law-and-legislation, #nondisclosure-agreements, #pinterest, #shareholder-rights-and-activism, #social-media, #whistle-blowers, #workplace-hazards-and-violations

The New York Times 11:25 pm on October 7, 2021
Tags: , , , , , , , Shareholder Rights and Activism, , ,   

Tesla to Move Headquarters to Texas from California

Elon Musk announced the move at the company’s annual shareholder meeting, hosted at a factory Tesla is building near Austin.

#automobiles, #boards-of-directors, #discrimination, #electric-and-hybrid-vehicles, #murdoch-james-r, #musk-elon, #musk-kimbal, #shareholder-rights-and-activism, #stocks-and-bonds, #tesla-motors-inc, #workplace-hazards-and-violations

The New York Times 7:12 pm on July 9, 2021
Tags: , Shareholder Rights and Activism, ,   

How Much Longer Can Martin Shkreli Control a Pharma Firm From Prison?

A group of shareholders has set up a showdown with Martin Shkreli, who they say continues to exert influence over a pharmaceutical company from prison.

#appointments-and-executive-changes, #shareholder-rights-and-activism, #shkreli-martin-1983, #turing-pharmaceuticals-ag

The New York Times 7:00 am on July 6, 2021
Tags: , , , , , , , , , Shareholder Rights and Activism, , ,   

Emergent BioSolutions Faces Investor Revolt Over Botched Vaccines

In the latest shareholder lawsuit, a pension fund accused executives at Emergent BioSolutions of insider trading. The company, under investigation by Congress, has halted manufacturing of Covid-19 vaccines at its Baltimore factory at regulators’ request.

#baltimore-md, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #el-hibri-fuad, #emergent-biosolutions-inc, #factories-and-manufacturing, #johnsonjohnson, #maryland, #securities-and-commodities-violations, #shareholder-rights-and-activism, #stocks-and-bonds, #suits-and-litigation-civil, #vaccination-and-immunization

The New York Times 7:00 am on July 6, 2021
Tags: , , , , , , , , , Shareholder Rights and Activism, , ,   

Biotech Company That Botched Vaccines Faces Investor Revolt

In the latest shareholder lawsuit, a pension fund accused executives at Emergent BioSolutions of insider trading. The company, under investigation by Congress, has halted manufacturing of Covid-19 vaccines at its Baltimore factory at regulators’ request.

#baltimore-md, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #el-hibri-fuad, #emergent-biosolutions-inc, #factories-and-manufacturing, #johnsonjohnson, #maryland, #securities-and-commodities-violations, #shareholder-rights-and-activism, #stocks-and-bonds, #suits-and-litigation-civil, #vaccination-and-immunization

The New York Times 4:53 am on June 25, 2021
Tags: , , Shareholder Rights and Activism,   

Ousting Toshiba Chairman, Foreign Investors Score Breakthrough in Japan

While Japan’s corporations have long resisted the entreaties of activist shareholders, Toshiba had come under intense pressure after a series of scandals.

#boards-of-directors, #japan, #shareholder-rights-and-activism, #toshiba-corporation

The New York Times 4:03 pm on June 23, 2021
Tags: , , , , , , , , , , , James, Chris (Hedge Fund Manager), , Penner, Charlie (1972- ), Shareholder Rights and Activism   

The Little Hedge Fund Taking Down Big Oil

An activist investment firm won a shocking victory at Exxon Mobil. But can new directors really put the oil giant on a cleaner path?

#2021-climate-issue, #alternative-and-renewable-energy, #boards-of-directors, #carbon-capture-and-sequestration, #content-type-personal-profile, #engine-no-1-gp-llc, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hedge-funds, #hydrocarbons, #james-chris-hedge-fund-manager, #oil-petroleum-and-gasoline, #penner-charlie-1972, #shareholder-rights-and-activism

The New York Times 11:53 am on June 21, 2021
Tags: , , , , , Shareholder Rights and Activism,   

Why Boaz Weinstein Paid Little in Income Tax

The multimillionaire Boaz Weinstein disclosed why he paid no or little taxes for several years.

#corporate-social-responsibility, #farhadian-weinstein-tali, #federal-taxes-us, #high-net-worth-individuals, #labor-and-jobs, #shareholder-rights-and-activism, #weinstein-boaz-r

The New York Times 6:34 pm on June 18, 2021
Tags: Effissimo Capital Management Pte Ltd, , , METI - Ministry of Economics, Trade and Industry (Japan), , Shareholder Rights and Activism, ,   

Toshiba In Chaos After Bid to Foil Activist Shareholders

The industrial giant is in chaos after a hedge fund forced it to expose its collusion with high-level officials to thwart shareholder activism.

#effissimo-capital-management-pte-ltd, #foreign-investments, #japan, #meti-ministry-of-economics-trade-and-industry-japan, #politics-and-government, #shareholder-rights-and-activism, #suga-yoshihide, #toshiba-corporation

The New York Times 9:00 am on June 11, 2021
Tags: , , , , , , , , , Levin, Joseph, , , , Richison, Chad, Shareholder Rights and Activism, , , Varner, Michael, , Wu, Eric C (1982- ),   

Huge Paydays for C.E.O.s, as Gap With Workers Widened

The gap between workers and C.E.O.s widened during the pandemic as public companies granted top executives some of the richest pay packages ever.

#airbnb, #bezos-jeffrey-p, #chesky-brian, #doordash-mobile-app, #equilar, #executive-compensation, #iac-interactivecorp, #karp-alex, #labor-and-jobs, #levin-joseph, #musk-elon, #opendoor-open-door-labs-inc, #palantir-technologies, #richison-chad, #shareholder-rights-and-activism, #su-lisa-1969, #tesla-motors-inc, #varner-michael, #wages-and-salaries, #wu-eric-c-1982, #xu-tony

The New York Times 2:42 pm on June 9, 2021
Tags: , , , , , , , , Shareholder Rights and Activism, ,   

Exxon Mobil Defeated by Activist Investor Engine No. 1

The energy giant’s stunning loss was the work of a tiny hedge fund that believes investing for social good is also good for the bottom line.

#blackrock-inc, #boards-of-directors, #engine-no-1-gp-llc, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hedge-funds, #oil-petroleum-and-gasoline, #shareholder-rights-and-activism, #state-street-corporation, #vanguard-group-inc

The New York Times 11:35 pm on June 2, 2021
Tags: , , , , , Shareholder Rights and Activism   

Exxon Board to Get a Third Activist Pushing Cleaner Energy

The new board member is likely to join two other candidates put forward by an activist investor who were declared winners last week.

#alternative-and-renewable-energy, #boards-of-directors, #engine-no-1-gp-llc, #exxon-mobil-corp, #oil-petroleum-and-gasoline, #shareholder-rights-and-activism

The New York Times 7:00 am on May 29, 2021
Tags: , , , , , , , , , , Shareholder Rights and Activism, ,   

Big Setbacks Propel Oil Giants Toward a ‘Tipping Point’

A surprising mix of environmentalists, pension fund managers and big money investors have scored startling victories against oil and coal, opening new battle fronts in the climate fight.

#australia, #energy-and-power, #engine-no-1-gp-llc, #environment, #global-warming, #greenhouse-gas-emissions, #milieudefensie-nonprofit, #netherlands, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #shareholder-rights-and-activism, #suits-and-litigation-civil, #united-states

The New York Times 8:53 pm on May 28, 2021
Tags: , , , , Shareholder Rights and Activism, ,   

How Exxon Lost a Board Battle With a Small Hedge Fund

The oil giant’s unexpected boardroom defeat by an activist investor hinged on a few key moments.

#boards-of-directors, #engine-no-1-gp-llc, #exxon-mobil-corp, #oil-petroleum-and-gasoline, #shareholder-rights-and-activism, #stocks-and-bonds, #woods-darren-w-1965

The New York Times 7:55 pm on May 21, 2021
Tags: As You Sow, , Coates, John C IV, , , , , , Shareholder Rights and Activism   

A Glimpse of a Future With True Shareholder Democracy

Big stock funds own increasingly large chunks of publicly traded companies, leaving fund shareholders without a vote on corporate governance. But there’s a better way.

#as-you-sow, #boards-of-directors, #coates-john-c-iv, #conflicts-of-interest, #gensler-gary-s, #mutual-funds, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission, #shareholder-rights-and-activism

The New York Times 7:00 am on April 30, 2021
Tags: , , , Shareholder Rights and Activism   

Warren Buffett Opposes Climate and Diversity Proposals for Berkshire

Berkshire Hathaway’s shareholders are expected to follow the chairman’s lead and reject demands for more disclosures.

#berkshire-hathaway-inc, #buffett-warren-e, #corporate-social-responsibility, #shareholder-rights-and-activism

The New York Times 11:17 am on May 13, 2020
Tags: , , Elliott Management, , , , Shareholder Rights and Activism,   

Uber’s Bid for Grubhub Shows That Deals Aren’t Dead Yet

Mergers are taking a hit during the pandemic, but there’s still an appetite for certain types of transactions.

#alexion-pharmaceuticals-inc, #coronavirus-2019-ncov, #elliott-management, #grubhub-inc, #mergers-acquisitions-and-divestitures, #quarantine-life-and-culture, #shareholder-rights-and-activism, #uber-technologies-inc