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874 Sentences With "stockholders"

How to use stockholders in a sentence? Find typical usage patterns (collocations)/phrases/context for "stockholders" and check conjugation/comparative form for "stockholders". Mastering all the usages of "stockholders" from sentence examples published by news publications.

That is slated to be voted on by stockholders at the HP stockholders meeting in April.
They're acting in maybe their stockholders' best interest – not their communities', but their stockholders' best interest.
Invitation Homes stockholders will own about 59 percent of the combined company's stock, with Starwood Waypoint stockholders owning the rest.
Once 21CF determines the new date for 21CF's special meeting of stockholders, the date will be communicated to 21CF stockholders.
Instead Qualcomm's board acted against the best interests of its stockholders by unilaterally transferring excessive value to NXP's activist stockholders.
Current BorgWarner stockholders will own about 84% of the combined company, while current Delphi Technologies stockholders are expected to own 16%.
Upon closing of the transaction, Swift stockholders will own approximately 54 percent and Knight stockholders will own approximately 46 percent of the combined company.
Based on current trading, Taylor Morrison stockholders will own approximately 77% of the combined company while William Lyon Homes stockholders will own approximately 23%.
"Qualcomm's board acted against the best interests of its stockholders by unilaterally transferring excessive value to NXP's activist stockholders," Broadcom said in its statement.
After the deal closes, Invitation Homes stockholders will own about 59 percent of the combined company's stock, with Starwood Waypoint stockholders owning the rest.
But there's no sign of those big inflows, so what looks like a big giveaway to stockholders is, in fact, a big giveaway to stockholders.
When the deal completes, Xperi stockholders will own 46.5% of the new company and TiVo stockholders will own approximately 53.5%, on a fully diluted basis.
N. Icahn, who owns 9.3 percent of Dell, called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders".
N. Icahn, who owns 9.3 percent of Dell, called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders".
Stockholders like endowments and pension funds, who are more interested in stakeholder effects than are stockholders who look solely for returns, are the ones the corporations cannot ignore.
ANNOUNCES POSTPONEMENT OF ANNUAL MEETING OF STOCKHOLDERS * CHINA FUND INC - ANNUAL STOCKHOLDERS MEETING HAS BEEN FURTHER POSTPONED TO WEDNESDAY, MAY 23, 2018 Source text for Eikon: Further company coverage:
"Under the terms of the transaction agreement, Cloudera stockholders will own approximately 5003% of the equity of the combined company and Hortonworks stockholders will own approximately 40%," the statement said.
"Qualcomm's board of directors and management have transferred $4.10 per Qualcomm share from Qualcomm stockholders to NXP stockholders, representing approximately $6.2 billion of value," Broadcom said in a statement Tuesday.
Telaria stockholders are expected to own about 47.1% of the combined company, while Rubicon Project stockholders are expected to own about 52.9% of the fully diluted shares of the combined company.
While the deal will be subject to customary closing conditions, including approval by MGT's stockholders, something tells me that this isn't exactly your typical public company with a lot of outstanding stockholders.
Corporations don't earn income, stockholders do, they pay the tax.
Privately, we've learned, stockholders are being told the exact opposite.
Common stockholders, on the other hand, do have voting rights.
The nominations give ... stockholders an opportunity to voice their disappointment.
Japanese firms have long been criticised for neglecting their stockholders.
Selling stockholders are offering additional 196,000 shares, the company said.
Alphabet, Google's parent, also recommends stockholders vote against the proposal.
Japanese firms have long been criticized for neglecting their stockholders.
In 1987, dissident stockholders staged a takeover of the company.
All stockholders will eventually have just one vote per share.
Scripps stockholders will receive $90 a share in the deal.
But those changes did not benefit all of Airbnb's stockholders.
And, strangely enough, also blind to the risk to stockholders.
Some wonder whether the profits will instead go to stockholders.
Some of the gun stockholders are passively managed index funds.
Announces secondary offering by certain stockholders * Ooma inc -certain of stockholders, consisting of entities affiliated with Worldview Technology partners, intend to offer shares of co's common stock Source text for Eikon: Further company coverage:
Capshare's guide to term sheets breaks down the standard practice: When a company is sold, preferred stockholders are entitled to an amount equal to what they invested before other stockholders receive anything at all.
As a result of this financing and other initiatives undertaken by the Lightbridge, the Company expects to increase its stockholders' equity above $2.5 million and thereby regain compliance with NASDAQ's stockholders' equity continued listing requirement.
I have to put the 'ed' on it for the stockholders.
Other stockholders have been heeding the warning signs for a while.
Williams stockholders approved the merger transaction with ETE following the ruling.
The sale will require approval from Fitbit's stockholders and federal regulators.
America's model puts the stockholders of public companies front and center.
This has resulted in immense wealth for its founder and stockholders.
ANNOUNCES SECONDARY PUBLIC OFFERING OF COMMON STOCK BY SELLING STOCKHOLDERS * ATKORE INTERNATIONAL GROUP INC - OFFERING OF 7.2 MILLION SHARES OF COMPANY'S COMMON STOCK ON AN UNDERWRITTEN BASIS BY SELLING STOCKHOLDERS Source text for Eikon: Further company coverage:
Beyond Meat's existing stockholders did not sell any shares in the offering.
About 18 percent said they were among A.I.G.'s 30 largest stockholders.
HRG's legacy stockholders will own another 45 percent of the combined company.
Dell and a lawyer for the stockholders, Stuart Grant, declined to comment.
Five percent stockholders include Greylock Partners, Madrona Venture Group and Shasta Ventures.
Beyond Meat's existing stockholders will not sell any shares in the offering.
Net loss attributable to stockholders increased to $14.2 million from $6.5 million.
Hence, they have what are called "fiduciary duties" to the company's stockholders.
Net loss attributable to stockholders widened to $14.2 million from $6.5 million.
"The existing group of stockholders is employees and sophisticated investors," Myers said.
And for the bank's stockholders, that could mean more frustration lies ahead.
The only value is the bottom line, assessed annually at stockholders' meetings.
"The board of directors has taken this step because it believes it is in the best interests of all CBS stockholders, is necessary to protect stockholders' interests and would unlock significant stockholder value," CBS said in a statement.
"We simply want to empower all stockholders by implementing a process that gives stockholders the opportunity to make their own determination as to the most qualified 'draft picks' as Williams board members," Mr. Meister said in the letter.
Net income available to IPG stockholders fell to $316.6 million from $317.6 million.
He's able to control all matters submitted to stockholders, including any corporate transaction.
" Rogan: "It's marijuana inside of ... tobacco ... You probably can't because of stockholders, right?
The returns that stockholders can expect in future declined as stock prices rose.
Stockholders are behind bondholders in the queue to be paid, should earnings falter.
If the team had public stockholders, they would be giving him a party.
They were happy to care about minority stockholders only when it benefited them.
As a company issues shares, it reduces the value of existing stockholders' stakes.
He represents directors, enterprises and stockholders on fiduciary duty and corporate control issues.
He repeatedly called for corporate executives to find ways to benefit their stockholders.
Less obvious is that stockholders may indirectly be losing out on future growth.
Apple has laid out just such a capital return program for its stockholders.
As we contemplate becoming VMware employees and stockholders, we are considering important questions.
When a company makes money, it can share its earnings with its stockholders.
While share buybacks help stockholders, unlike business investment, they don't directly increase GDP.
Warren Buffett believes the corporate tax reform bill is very bullish for stockholders.
Bad publicity and worried stockholders were enough to bring a company to heel.
According to Harvard, 70 to 90 percent of them were failures for stockholders.
"We have heard the views expressed by our stockholders," Standley said in August.
One advantage of preferred stock is what's called a liquidation preference, which gives these preferred stockholders the right to recoup all of the money they invested before common stockholders make a dime in the event of a sale of the company.
Preferred shareholders do not get to vote like common stock holders do, but they do get more of a claim on dividends than common stockholders, and in the event of default they are in line to get paid before common stockholders.
ANNOUNCES UPSIZING AND PRICING OF PUBLIC OFFERING BY SELLING STOCKHOLDERS * BOOT BARN HOLDINGS - ‍PRICED PUBLIC OFFERING OF 6 MILLION SHARES OF ITS COMMON STOCK HELD BY CERTAIN OF ITS STOCKHOLDERS AT $17.25 PER SHARE​ Source text for Eikon: Further company coverage:
Tesla is set to hold its 2018 annual meeting of stockholders on June 5.
The concerns of workers, not just stockholders should be a part of board decisions.
Outcomes that will benefit working people as opposed to stockholders driven by profit margins.
They pay stockholders more than their bondholders which gives investors a margin of safety.
They would then receive a proportional share of the proceeds alongside other common stockholders.
After all of the preferred shareholders cashed out, common stockholders get whatever is left.
Stockholders will receive $41 in cash for each share on DreamWorks Animation's common stock.
Fairholme, overseen by Bruce Berkowitz, said such profit belonged to stockholders such as itself.
Still, stockholders should expect to see a slowdown in gains this year, he said.
"Ashland needs truly independent voices – elected by all stockholders – in the boardroom," Rosenbloom said.
The nominations will take place at Qualcomm's annual stockholders meeting on March 6, 2018.
The online lender urged its stockholders to ignore the offer, if and when made.
History suggests, however, that one group should be wary of the transaction: Bayer's stockholders.
Qualcomm is due to hold an annual meeting of stockholders on March 6, 2018.
But there was another big issue, Benioff explained: Salesforce's stockholders didn't like the idea.
In fact, the bulk of that tax cut will almost surely accrue to stockholders.
And this in turn means that the main beneficiaries would be stockholders, not workers.
The collapse caused losses to stockholders, including those who had invested through retirement plans.
Delaware was the first state to let stockholders limit the liability of corporate directors.
Stockholders for quarter was $0.15 per share Source text for Eikon: Further company coverage:
At one point, he called for seizing the utilities without compensating the banks or stockholders.
Any SoftBank deal would still require finding existing stockholders who hope to sell their positions.
Affymetrix said a special meeting of stockholders will take place as scheduled on March 31.
The stockholders sought to recoup losses from shares tanking after the revelations of further abuses.
Palantir did not impose restrictions on employees or stockholders selling shares in the private market.
In return, members of my family — beginning with my mother's parents — became steadfast United stockholders.
"This moratorium is not hurting the stockholders of BP, or Exxon or Chevron," he declared.
They say that stockholders can make better use of the money than the banks can.
Whom do you think this company's primary obligation is to: its patients or its stockholders?
Although GM profits certainly enriched stockholders, they also fueled the rise of the middle class.
Instead, to the collective chagrin of Amazon's stockholders, it was destined to end proprietary storytelling.
Approvals of both Ingram Micro's and Tianjin Tianhai's stockholders are required to approve the merger.
" CBS rejected that view, saying in a news release after the meeting, "The board of directors has taken this step because it believes it is in the best interests of all CBS stockholders, is necessary to protect stockholders' interests and would unlock significant stockholder value.
He made sure stockholders got updates on car safety, Autopilot upgrades and changes, and factory processes.
In this case, the preferred stockholders have priority over common shareholders in receiving their back payment.
A group of Amazon employee stockholders initially filed the shareholder resolution on climate change last fall.
In a case filed in Delaware Chancery court, stockholders are suing Tesla over the SolarCity deal.
VMware stockholders have taken a dim view of VMware's role in that acquisition since day one.
Shares of Phillips Edison could be priced below their true value, Edison told stockholders last week.
The CSRC noted that the circuit breaker helped protect stockholders from bigger losses and tempered nerves.
On a per-share basis, net loss attributable to stockholders narrowed to 68 cents from $2.21.
But they raided three Renault offices Thursday, and the whiff of trouble had stockholders burning rubber.
Three million of those shares come from existing stockholders, and Beyond is selling another 250,0000 itself.
"Verint is performing very strongly and is delivering significant value to our stockholders," the company said.
As part of the deal, Ameritrade stockholders will receive 1.0837 Schwab shares for every share held.
Dunham says he'd have to take Turner's application before the club's board of trustees and stockholders.
We are committed to a possible transaction that is fair to SolarCity's and Tesla's respective stockholders.
" Only a few months ago, Bertolini told stockholders that "we see this as a good investment.
ANNOUNCES LAUNCH OF SECONDARY PUBLIC OFFERING OF COMMON STOCK * AMERICAN RENAL ASSOCIATES - LAUNCHES PUBLIC OFFERING OF 5 MILLION SHARES OF COMMON STOCK BY CERTAIN STOCKHOLDERS * AMERICAN RENAL ASSOCIATES - SELLING STOCKHOLDERS, INCLUDES CENTERBRIDGE CAPITAL PARTNERS LP & CERTAIN OF ITS AFFILIATES Source text for Eikon: Further company coverage:
Deckers Outdoor Corp: * LEADING INDEPENDENT PROXY ADVISORY FIRMS GLASS LEWIS AND ISS RECOMMEND DECKERS STOCKHOLDERS VOTE DECKERS' WHITE PROXY CARD * DECKERS OUTDOOR CORP - GLASS LEWIS RECOMMENDS THAT DECKERS STOCKHOLDERS VOTE "FOR" ALL OF DECKERS' DIRECTOR NOMINEES ON WHITE PROXY CARD Source text for Eikon: Further company coverage:
Net income attributable to Hilton stockholders was $123 million, or 22 cents per share, in the quarter.
We expect that path would negatively impact the amounts, if any, available for distribution to our stockholders.
Tribune stockholders will receive $35 in cash and 0.23 share of Sinclair stock for each Tribune share.
Emergent expects to complete the distribution of Aptevo common stock to Emergent stockholders on August 6313, 2016.
Dividends — the bit of a company's earnings they want to share with stockholders — in Europe ex-U.
AXIS Capital's market position and size/scale is considered 'medium' based on premiums and stockholders' equity metrics.
Net income available to Interpublic's common stockholders rose to $326.2 million in the fourth quarter ended Dec.
The agreement contains an election procedure that allows Bats stockholders to seek all cash or all stock.
We're pushing legislation that demands that corporations address the needs of their workers before their wealthy stockholders.
Nor is there any other independent, impending source of potential harm to the company or its stockholders.
Given this spectacular rise in private valuation, it's harder for the new stockholders to turn a profit.
Building consensus early on was critical with all stakeholder groups — employees, senior managers, stockholders and board members.
But it has not been stress-free, for stockholders or for Tesla founder and CEO Elon Musk.
"The Viacom board pays great attention to its governance and its responsibilities to all stockholders," Viacom said.
"Qualcomm's board acted against the best interests of its stockholders," Broadcom said in its statement on Wednesday.
Silicon Valley companies and their stockholders won't be the only ones who benefit from CS for All.
"Williams has commenced litigation to protect the interests of its stockholders," the company said in the statement.
The company returned $300 million to stockholders last quarter, by repurchasing 8 million shares of common stock.
Internet providers have a long history in fact of curtailing online freedom in service to their stockholders.
Share buy-backs have become a more popular way to return capital to stockholders than paying dividends.
The big giveaway On its face, a corporate tax cut looks like a big giveaway to stockholders.
While stockholders rejected that proposal, Tesla did begin rolling out more "vegan" interior components in its cars.
Dividends encourage stockholders to retain stocks for a long time, since that's how they will make money.
Neal E. Boudette TECHNOLOGY Facebook will hold its annual stockholders meeting on Thursday in Redwood City, Calif.
Woodward shareholders will own about 55% of the combined company while Hexcel stockholders would own the rest.
Sterling shareholders will own about 60 percent of the combined company, with Astoria stockholders holding the rest.
As a result, stockholders must accept valuations of a company's assets without being able to verify them.
Those documents were partially unsealed at the request of lawyers for the stockholders who are suing Tesla.
AK Steel stockholders will receive 0.40 shares of Cliffs stock for each AK Steel share they own.
Stockholders who have already voted would be able to change their votes at the meeting, it said.
Expect to fund share repurchase from cash on hand * Co and esh hospitality inc have entered into a share repurchase agreement with selling stockholders * Extended Stay America Inc - pursuant to agreement, intend to repurchase 625,000 paired shares directly from selling stockholders Source text for Eikon: Further company coverage:
Net income attributable to common stockholders rose to $64.2 million, or 26 cents a share, from $11.9 million.
Next, it wants more capital returned to stockholders and, finally, it needs a management review and greater oversight.
Dell and a lawyer for the stockholders, Stuart Grant, did not immediately respond to a request for comment.
Meanwhile, at Berkshire-owned jeweler Borsheims, employees process a credit-card transaction every 11 seconds as stockholders splurge.
The chipmaker is expected to show almost $2.96 billion of revenue and return $1.66 per share to stockholders.
Irrespective of your future investment intent, we value your engagement as stockholders and welcome your questions and comments.
But Sandberg's base is not the same as Silicon Valley — or congressional oversight committees, or reporters, or stockholders.
The chairperson of the board shall preside at meetings of the stockholders and of the board of directors.
Rackspace's board of directors unanimously approved the transaction and recommends that stockholders vote in favor of the deal.
Most large companies share their profits with stockholders by paying a cash "dividend," typically once every three months.
What's more, Musk doesn't contact current stockholders to assess whether they have any interest in tesla going private.
And similar to stockholders, digital currency holders are required to report capital gains and losses from cryptocurrency trades.
Ruckus stockholders will get $6.45 in cash and 0.75 share of Brocade common stock for each share held.
And the more we see through the hype, the more medicine will serve its stakeholders, not its stockholders.
Three former SEC commissioners were among those who said such information would be of material interest to stockholders.
Although it was an overall healthy situation, it's often been difficult to explain it to bankers and stockholders.
On a pro forma basis, CalAtlantic stockholders are expected to own about 26 percent of the combined company.
What if something similar were to happen to media and entertainment companies, their advertisers, talent, stockholders, and executives?
Net income attributable to Hilton stockholders was $166 million, or 51 cents per share, in the second quarter.
Corporations are returning income and capital to stockholders through strong dividend growth, higher wages and higher equity prices.
The company's stockholders will own both companies and be able to decide on their investments after the separation.
That day was supposed to be Marriott's special meeting of stockholders, which the company said it may reschedule.
They are not social service companies; they are businesses whose primary mission is to generate profits for stockholders.
Much to the chagrin of its users and ailing stockholders though, progress on this front has been slow.
Overstock said its stockholders would be allowed to choose between the common stock to be traded on t0.
The tax cut has been good for stockholders — about a third of whom are foreigners, by the way.
Rogan said Musk probably couldn't smoke it, "because of stockholders," and Musk replied asking whether it was legal.
ARP went bankrupt in 1981, costing stockholders and creditors $4 million; Mr. Pearlman and his family lost $500,000.
In the end, we determined this was the best path forward for our customers, partners, employees, and stockholders.
CEOs of private corporations produce big returns for their stockholders when they behave with integrity as Tillerson does.
Woodward shareholders will own about 55 percent of the combined company while Hexcel stockholders would own the rest.
Forestar stockholders have the option of either receiving cash for each share they own or retaining the share.
Schwab's current shareholders will own 69% and TD Ameritrade's existing stockholders will own 18% of the combined company.
Some of these stockholders are asking the judge for an injunction to prevent the merger from going through.
We believe that our proposal offers fair and compelling value for SolarCity and its stockholders, while also giving SolarCity's stockholders the opportunity to receive Tesla common stock at a premium exchange ratio and the opportunity to participate in the success of the combined company through their ongoing ownership of Tesla stock.
Dell said on Thursday that its proposal includes the ability for Class C stockholders to elect an independent director.
This can only be seen as an intentional lack of disclosure – both to Broadcom and to its own stockholders.
The proceeds will go to the selling stockholders and the company will not receive any money from the sale.
Profit attributable to common stockholders rose to $1.06 billion, or $1.77 per share, in the third quarter ended Sept.
The company's largest stockholders are Hotchkis & Wiley Capital Management, Greywolf Capital Management and Vanguard Group, according to court records.
Net income available to stockholders was $10 million, or 2 cents per share, in the three months ended March.
There's also an over-allotment, typically called a greenshoe, that consists of shares sold by Sonos and existing stockholders.
"It is amazing," she said in an exhibit hall where stockholders thronged to buy products made by Berkshire units.
In connection with the proposed transaction, the definitive version of which will be sent or provided to WhiteWave stockholders.
After, Weisler will retain his seat on the board of directors until the next annual stockholders meeting next spring.
Rampant problems with Tesla's solar business could bolster the arguments of stockholders who viewed that as a bad deal.
The company on Monday said 3.25 million new shares would be issued, including 3 million shares from selling stockholders.
The sell is subject to approval by Genworth's stockholders as well as other closing conditions, according to Sunday's announcement.
Net loss available to stockholders widened to $1.13 billion, or $1.94 per share, in the third quarter ended Mar.
The thing that may challenge Snap's ability to stay the course is not necessarily going public or the stockholders.
"Wells Fargo stockholders today have sent the entire Board a clear message of dissatisfaction," Sanger said in a statement.
Corporations aren't built to benefit the public at large; they are designed and run to benefit their current stockholders.
Board members are "fiduciaries" because they are entrusted with managing the business that is owned by different people — stockholders.
This has not hurt corporate management and the owners of capital — stockholders — but it has been disastrous for workers.
Job description: Plots a course for a company based on its processes and suggestions from business leaders and stockholders.
Mark Murphy, the team president, told stockholders that the Packers have applied to host in 268, 210 or 663.
This in turn allows for higher profits, which increases dividends, which makes stock more attractive, which makes stockholders wealthier.
"We need to think about our economy not just in terms of the returns for stockholders," Ocasio-Cortez said.
Under the terms of the insurance policy, the only individuals defined as "PSU" were the president, trustees, and stockholders.
Net income applicable to common stockholders rose to $5.45 billion, or $1.13 per share, in the quarter ended Sept.
According to the agreed terms, Aetna stockholders will receive $207 per share, $145 in cash and $62 in stock.
The cybersecurity firm is expected to bring in $22019 million in revenue and return $21.5 per share to stockholders.
We'll also need to engage clergy members, community elders, entertainers, board members, stockholders, chief executives, more people like you.
The goal of a sane health care system should be to keep people well, not to make stockholders rich.
"It's not very appealing to stockholders," Schaffner said, adding that IDSA is working with Congress to solve this problem.
Profit attributable to common stockholders rose to $1.10 billion, or $1.97 per share, in the three months ended Dec.
Ms. Mayer's pay was mostly in stock and stock options, and she reaped the rewards alongside the other stockholders.
This time she bought a 10 percent stake in the company for $43 million, and Weight Watchers stockholders rejoiced.
This can only be seen as an intentional lack of disclosure – both to Broadcom and to its own stockholders.
It just takes the extra money and either sits on it or hands it back to stockholders via buybacks.
One of the majority stockholders agreed to his proposal to buy 249,024 shares of stock at $12 a share.
Net earnings attributable to stockholders fell to $26.5 million, or 11 cents per share, in the quarter ended Dec.
But what about a company where the shares are held by one family or a small number of stockholders?
We believe that a combination would generate significant benefits for stockholders, customers and employees of both Tesla and SolarCity.
Any time stockholders want to move their coffee out of a warehouse, they must pay a fee to the operator.
Cvent stockholders will receive $36 in cash per share, a premium of 70 percent to company's last close on Friday.
We believe this is another opportunity to continue creating value for SiriusXM stockholders by investing in expanding digital audio platforms.
The Packers are the only community-owned franchise in American major league professional sports, owned by more than 360,000 stockholders.
Hilton posted net income attributable to stockholders of $224 million, or $0.75 per share, in the fourth quarter ended Dec.
As I wrote at the time, even that failed to placate stockholders and the price continued to plunge further down.
Twilio (TWLO) filed for a follow-on offering, with most of the shares expected to be sold by existing stockholders.
Twilio — Twilio filed for a follow-on offering, with most of the shares expected to be sold by existing stockholders.
I'm talking to the stockholders and I'm telling them here's how we're gonna do at the end of the quarter.
Lyft's rapid growth fueled by private funds could leave little room for new stockholders to gain from its public offering.
" Even "a decade after stockholders lost trillions of dollars, younger Americans are still leery of investing their money in stocks.
"The board is firmly committed to maximizing value for our stockholders," Frank Witney, Affymetrix's chief executive, said in a statement.
"AmerisourceBergen's actionable-wrongdoing requirement imposes an onerous burden on stockholders that goes beyond the standard established in Seinfeld," Laster wrote.
"The basic premise is simple — Elon's compensation will be 100% aligned with the interests of our stockholders," the board wrote.
Net loss attributable to Hilton stockholders was $387 million, or $1.17 per share, in the fourth quarter ended Dec. 31.
And Mnuchin, again like Trump, isn't used to having to be answerable to much of anyone -- apart, perhaps, from stockholders.
On Friday, Facebook announced it will not be re-nominating Hastings for election at the company's next annual stockholders meetings.
Urstadt Biddle Properties Inc: * URSTADT BIDDLE PROPERTIES - TAKING ADDITIONAL STEPS TO IMPLEMENT SOCIAL DISTANCING AND SAFETY MEASURES WHILE ENSURING INTEGRITY OF 2020 ANNUAL MEETING OF STOCKHOLDERS * URSTADT BIDDLE PROPERTIES INC - CO'S 2020 ANNUAL MEETING OF STOCKHOLDERS SCHEDULED TO BE HELD AT 2:00 P.M. ON MARCH 18 Source text for Eikon: Further company coverage:
In the IPO, $462.4 million worth of stock was sold by existing stockholders and the company sold $160.9 million in shares.
Big data means business and the company able to gather a lot of it is very valuable to investors and stockholders.
Fox stockholders will receive 230 Disney shares for each share held and will end up owning about a quarter of Disney.
The stockholders want to prove that Benchmark leaked information related to former Attorney General Eric Holder's investigation into Uber's corporate culture.
Cebu Air plans to expand its fleet with new generation aircraft that are more fuel efficient, Gokongwei told stockholders on Thursday.
Emergent and Aptevo are excited about the opportunities awaiting both companies and their respective stockholders following completion of the spin-off.
Net income attributable to stockholders rose 24% to $68.2 million, or 41 cents per share, in the quarter ended Dec. 31.
Oracle — Oracle said more than 50 percent of stockholders have backed its $9.3 billion acquisition bid for the cloud storage company.
But the real winners this year could be stockholders of the companies who own naming rights to stadiums around the country.
"Something changed with Milton Friedman's preaching ... Friedman preached that companies had one loyalty and that is to stockholders," Brown tells me.
"We believe the transaction will deliver immediate, compelling and certain value to all Corindus stockholders," Corindus Chief Executive Mark Toland said.
Net income attributable to Hilton stockholders was $166 million, or 51 cents per share, in the second quarter ended June 30.
Adjusted net income allocated to common stockholders rose to $171.6 million, or $1.54 per share, in the fourth quarter ended Dec.
Net loss attributable to common stockholders narrowed to $15.17 million, or 4 cents per share, in the fourth quarter ended Dec.
The offering would consist of a sale of 15.1 percent to 17.4 percent of the company, with existing stockholders selling shares.
In short, fiduciary duties are the obligations that the board has to act responsibly and in the best interests of stockholders.
Net income attributable to Hilton stockholders was $179 million, or 55 cents per share in the third quarter ended Sept. 30.
"The company believes that this management proposal is an effective means to obtain stockholder viewpoints and engage with stockholders," it said.
For starters, Yahoo stockholders announced on June 8 the sale of Yahoo to Verizon, which as of 2015 also owns AOL.
The S-1 filing only shows CEO Ernest Garcia and CVAN Holdings as 5 percent stockholders, the threshold for required disclosure.
General Electric's board of directors issued a quarterly dividend of 12 cents per share to the company's stockholders, GE announced Friday.
CEO's fail their stockholders when they behave as Trump behaves and the boards of directors of those companies fire those CEO's.
Net income allocated to common stockholders rose to $105.5 million, or 94 cents per share, in the third quarter ended Sept.
Since it was privately owned, however, the government chose only five of its 25 directors and its stockholders selected the rest.
The result, analysts say: The buybacks boosted stock prices, and bigger dividends put even more money in the pockets of stockholders.
Under the deal, Delphi stockholders will receive a fixed exchange ratio of 0.4534 share of BorgWarner common stock per Delphi share.
They are bound by a contractual fiduciary duty to their stockholders, not to the good of the country or its citizens.
Facebook responded that it already had a "lead independent director" position meant to represent the interests of all the company's stockholders.
"The company has high regard for Mr. Smith and is responsive to stockholders' views and concerns," she said in a statement.
Pilgrim was forced into bankruptcy in 2008 but emerged the following year after repaying creditors and salvaging some value for stockholders.
The company cut the IPO size after stockholders, who were initially selling 286.9 million shares, chose not to sell any shares.
Now Uber and Lyft, facing the growing inequity between its stockholders and its drivers, are pursuing measures to address the gap.
Google's annual meeting, where it invites stockholders to its headquarters, marks its first since reorganizing itself into the holding company Alphabet.
The shares are currently held by company stockholders, with the arts and crafts retailer intending to repurchase eight million of those shares.
"We believe that a combination would generate significant benefits for stockholders, customers and employees of both Tesla and SolarCity," the letter read.
For potential stockholders, buying Snap is a bet on the future cards dealt by the two cofounders Evan Spiegel and Bobby Murphy.
Amazon stockholders voted down a proposal on Wednesday that asked CEO Jeff Bezos to consider ways to reduce the company's carbon footprint.
"I intend to do everything in my power to STOP this proposed DVMT merger," Icahn said in an open letter to stockholders.
A lot — a whole lot — happened since the last time CEO Elon Musk faced stockholders in this formal setting a year ago.
Thursday's Pivotal deal is for a blended price per share of $11.71, in which Class A stockholders will get $15 per share.
Facebook on Friday said Netflix CEO Reed Hastings will not be nominated for re-election at the company's 2019 annual stockholders meetings.
If the company paid a dividend to its other stockholders, then it would pay the same per share dividend to the government.
The sports apparel retailer is expected to report $21.66 billion on the top line and return 2441 cents per share to stockholders.
The climate proposal was one of a dozen shareholder proposals Amazon stockholders voted on at the company's annual shareholder meeting on Wednesday.
Yet stockholders stuck by Mr. Bezos and his strategy, and in the final quarter of 2001, the company reported a healthy profit.
First-quarter net income available to common stockholders fell 29 percent to $102.7 million, or $1.02 per share, versus a year earlier.
And as active investors replace passive stockholders, companies are having to sell the merits of their projects to more discerning potential backers.
In March 2018, Zimmer, Green and other stockholders sold $58.7 million worth of stock via a tender offer at $38.50 per share.
GrubHub's net income attributable to common stockholders rose to $22.7 million, or 24 cents per share, in the third quarter ended Sept.
Following Monday's board meeting, CBS announced that it postponed the company's 2018 annual meeting of stockholders that was previously scheduled for Aug.
After all, if companies are acting on behalf of their stockholders in making these donations, they should let shareholders know about it.
GrubHub's net income attributable to common stockholders rose to $22.7 million, or 16.43 cents per share, in the third quarter ended Sept.
In doing this Congress would need to ensure that premium dollars really go to coverage and not to executive salaries and stockholders.
Roger Lynch, who serves as Pandora CEO, called the two companies a "powerful combination" that will "deliver significant value" to its stockholders.
Icahn is fighting an attempt to take the compensation insurer private, accusing the controlling shareholders of "blatantly taking advantage" of minority stockholders.
In these cases, the second court presumably would be understandably cautious about following earlier rulings in cases brought by less prepared stockholders.
I contend that business must have a purpose beyond profits, and that such purpose can, over time, benefit both stockholders and stakeholders.
" It stressed its directors were willing to objectively evaluate "the full range of opportunities available to maximize value for all Qualcomm stockholders.
This stock represents just 2% of Ford's shares but these elite stockholders have 40% of the voting power of all Ford stock.
Banks are for-profit institutions in existence to generate returns for their stockholders, who decide who sits on the board of directors.
Jesse Jackson was one of many Apple stockholders who showered CEO Tim Cook with praise Friday during the company's annual shareholder meeting.
The change, which is effective immediately, was made "to protect long-term interests of stockholders," National Amusements said in a news release.
Stockholders of the company will receive $47.60 in cash per share, a discount of about 10% to Instructure's closing price on Tuesday.
He earns it only if a deal raises existing stockholders' investment value by 15 percent or more for at least six months.
They also want a second group comprised of Census Bureau staff, stockholders and government watchdogs to assess planning for the 2020 census.
While trimming Citigroup's capital cushion favors stockholders, Nerby said, scrutiny from years of stress tests has left the bank stronger for bondholders.
Fox said it will postpone a special shareholders meeting in order to provide stockholders with an opportunity to evaluate Disney's amended offer.
Others have actually stated that they believe stockholders may have better ways to put this money to use than the banks can. Really?
"Only about 5 percent of all farms are incorporated, and the vast majority are very small, with 10 stockholders or less," he said.
Common stock * Black Knight Financial Services Inc- distribution plan is expected to be tax-free to all existing fnf and black knight stockholders.
Stockholders can then hold on to their new investment, sell their shares via the platform or transfer their shares to another brokerage account.
But if it had pulled off an IPO, it would have been even more at the mercy of market volatility and impatient stockholders.
Stockholders of Atmel will receive $7 per share in cash and $1.15 per share of Microchip stock in the deal announced on Tuesday.
The shares of all but Wells Fargo now trade below book value, suggesting stockholders are bracing for a year or more of pain.
Preferred stockholders don't have voting rights, so they don't have a voice when it comes to things like electing a board of directors.
Net loss attributable to common stockholders narrowed to $32.3 million, or 9 cents per share, from $53.9 million, or 35 cents per share.
Not everyone is happy about the shift, and KBW analysts say it's not a good deal for most on Wall Street, including stockholders.
In the latest quarter, Grubhub posted net income attributable to common stockholders of $27 million, up 230946917 percent from $9.4 million last year.
Oracle (ORCL) said more than 50 percent of NetSuite (N) stockholders have backed its $9.3 billion acquisition bid for the cloud storage company.
The company's stockholders will get $21.75 for each share they hold, representing a premium of about 10 percent to the stock's Monday close.
STOCKHOLDERS APPROVE BUSINESS COMBINATION WITH SELLAS LIFE SCIENCES GROUP, LTD; BOARD SETS REVERSE STOCK SPLIT RATIO Source text for Eikon: Further company coverage:
The company's net income attributable to common stockholders rose to $64.2 million, or 26 cents per share, in the fourth quarter ended Dec.
It was written by Moelis & Company, as financial adviser to some Fannie and Freddie stockholders, including Paulson & Co. and Blackstone GSO Capital Partners.
At the company's annual meeting on Thursday, Facebook stockholders rejected multiple proposals to limit the power of the social network's founder and executive.
"A key principle of the Company is maintaining the highest levels of trust with borrowers, investors, regulators, stockholders and employees," the company said.
"By raising the merger price to $14.75, over $100 million of incremental value has been created for public stockholders," Icahn said on Thursday.
Net income available to the company's common stockholders rose to $326.2 million or 84 cents per share in the fourth quarter ended Dec.
STOCKHOLDERS APPROVE EXTENSION OF TIME TO COMPLETE PREVIOUSLY ANNOUNCED BUSINESS COMBINATION WITH BAE ENERGY MANAGEMENT, LLC Source text for Eikon: Further company coverage:
So anyone among the tiny group of Facebook co-founders, or the small group of Facebook stockholders, might say technology is working great.
In September 1985, stockholders approved a leveraged buyout by a group of the company's managers and the New York investment firm Clayton & Dubilier.
Presidio stockholders will receive $16 in cash for each share they own, representing a premium of 21.3% to Presidio's closing price on Tuesday.
Airline deregulation probably contributed more to industries like hotels and restaurants which benefited from increased travel rather than the airlines or airline stockholders.
GrubHub reported a net loss attributable to common stockholders of $5.2 million, or 6 cents per share, in the fourth quarter ended Dec.
The pressure on businesses to take on this function in addition to their obligations to stockholders stems from a number of different sources.
Lampert is on both sides of the deal, representing Sears Holdings stockholders on one side and his own hedge fund on the other.
Companies such as WeWork don't have a such a path to getting to one vote per share for all stockholders, noted CII's Davis.
For years, stockholders have taken the lion's share of rising corporate profits, leaving a shrinking share to the middle- and working-class worker.
"It would hurt the stockholders of the defense companies, but these companies will do just fine without these weapons sales," Mr. Kimball said.
But the tax cut was supposed to do more than just give stockholders more money — or at least that's what its proponents claimed.
Brulle said he was glad Norway and other "progressive" stockholders are trying to force corporations like ExxonMobil and Chevron to change their practices.
The company also said Jeffrey Zients, CEO of Cranemere Group Ltd, will not stand for re-election at the annual meeting of stockholders.
The company also said Jeffrey Zients, CEO of Cranemere Group Ltd, will not stand for re-election at the annual meeting of stockholders.
"The new terms offer a constructive compromise that we believe benefits all stockholders," Jonathan Heller, a partner at Canyon, said in a statement.
Co : * Press release - all three proxy advisory firms — iss, glass lewis and egan-jones recommend that stockholders vote "for" all three farmer bros.
Mining promoters salted barren claims with diamonds or gold nuggets, then made small fortunes on mines that never produced, leaving their stockholders swindled.
" • In the lawsuit, CBS accused Ms. Redstone of presenting "a significant threat of irreparable and irreversible harm to the company and its stockholders.
He said at the time that Salesforce stockholders had made it very clear that they didn't want the company to pursue the acquisition.
In most every letter, a sense of public ownership comes through, as if those writing in are stockholders wanting to hold management accountable.
A proposal submitted by Bartlett Naylor, the financial policy advocate at Public Citizen, asks Wells Fargo's stockholders to consider breaking up the bank.
The company said it would not receive any proceeds from the offering as all the shares to be sold will come from stockholders.
Broadcom said it would seek to engage with Qualcomm's board and management, adding that it had received positive feedback from key customers and stockholders.
Other economists believe that a lower corporate tax would just be a windfall to stockholders—primarily a boon for the wealthy, in other words.
Access to this previously illiquid asset has prevented early stockholders from financing the purchase of a new home or the education of their children.
That said, some Wall Street pros think IPOs and deals will be back in the second half, which should hearten bank stockholders as well.
The first will see up to 50 percent of the stake sold; the rest will be traded if Altaba receives approval from its stockholders.
Right now, PG&E is an investor-owned utility, meaning that the company's express purpose is to maximize the return on investment for stockholders.
While discontent is high among Yahoo stockholders, proxy fights against companies Yahoo's size are rare, and successfully replacing a full board is even rarer.
Starwood stockholders would have received $78 in cash for each share they own, plus $5.67 in stock for a spinoff of a vacation business.
" Broadcom said in a statement: "Many [of Qualcomm's stockholders] have expressed to us their desire that Qualcomm meet with us to discuss our proposal.
Its net loss available to common stockholders narrowed to $99.5 million in the three months ended June 30 from $289.7 million a year earlier.
This is bad news for stockholders in CCA and the GEO Group; shares of both dropped precipitously upon the release of Ms Yates's memo.
DreamWorks stockholders will receive $41 per share in the deal, which should be completed by the end of the year, subject to regulatory approval.
Albany Molecular Research's stockholders will receive $21.75 for each share they hold, representing a premium of about 10 percent to the stock's Monday close.
However, net loss attributable to common stockholders widened to $80.5 million, or 34 cents per share, from $37.1 million, or 25 cents per share.
The government tried to create a society of stockholders out of the Soviet ashes by giving everyone vouchers representing shares in state-owned businesses.
At the time, the company had no other significant medication in development, meaning the product's failure would likely crush the company and its stockholders.
The company reported a net loss of $22.2 million, or 29 cents per share, attributable to common stockholders for the fourth quarter ended Dec.
Imperva stockholders will receive $55.75 per share in cash, which represents a premium of 29.5 percent to the company's closing stock price on Tuesday.
Disney will issue about 515 million new shares to current Fox stockholders, who will have about a 25 percent stake in the new Disney.
In a statement, the company said all offers were submitted to a review committee appointed by its board, which was selected by the stockholders.
So far, we've seen about $6 billion in bonuses versus more than $170 billion in stock buybacks, that is, handing money to wealthy stockholders.
Now that Uber is public, fares will probably go up, but the pursuit of profits to satisfy stockholders will not create better working conditions.
Typically, those taking a company of Tesla's size private would borrow tens of billions of dollars to buy the shares held by public stockholders.
In a statement, the company said all offers were submitted to a review committee appointed by its board, which was selected by the stockholders.
Aflac – Aflac announced a two-for-one stock split, with the disability insurer's stockholders receiving a 8.63 percent stock dividend payable on March 16.
We plan to continue to make acquisitions, which could require significant management attention, disrupt our business, dilute our stockholders, and seriously harm our business.
After that, preferred shareholders are entitled to recover an amount equal to what they invested before other investors or stockholders receive anything at all.
Return on average common stockholders' equity, which includes income (loss) from discontinued operations, weakened to 5.7% for the year-to-date period ended Sept.
Aflac (AFL) announced a two for one stock split, with the disability insurer's stockholders receiving a 100 percent stock dividend payable on March 16.
The filing noted that the transaction also resulted in a significant windfall for stockholders, with stock prices spiking 75% in the 2018 fiscal year.
Stockholders of AK Steel (AKS) will get 0.4 shares of Cleveland-Cliff for each of their shares, worth about $3.36 at Monday's closing price.
The largest problem with the other resale laws is the lack of an easy way for stockholders who also control the company to sell shares.
Still, Westergren released a Thursday letter to stockholders with ambitious plans for 2017, including in-app promotion, more aggressive ad placement, and targeted concert recommendations.
The adoption of the proposal is subject to the approval of Facebook shareholders at its 2016 annual meeting of Stockholders in June, the company said.
An information statement containing details of the spin-off and important information about Aptevo will be mailed to Emergent stockholders prior to the distribution date.
A slim minority of Wall Street bank stockholders may be mad as hell, but it looks as if most are still prepared to take it.
"Twitter just walked away from hundreds of millions of dollars of potential revenue, a very dumb decision for their stockholders," Parscale said in a statement.
It said it had a net loss of $22.2 million, or 29 cents a share, attributable to common stockholders, for the quarter that ended Dec.
Also, Slack stockholders are not subject to the usual lock-up periods, which means employees, for example, will get to cash out (if they want).
People kayaked out to claim gyms, Nintendo stockholders likely held huge money fights and people in the UK continue to be subjected to ultimate FOMO.
The move follows the company's newly announced plans to return at least 50 percent of free cash flow to stockholders starting next year, Micron said.
Affymetrix said while its board was reviewing the proposal from Origin, as of now, it recommended stockholders to adopt the merger agreement with Thermo Fisher.
"By making these telephone calls, defendants actively sought to prejudice Williams's stockholders against the proposed transaction and thereby cause it to fail," the lawsuit said.
Icahn prefers to describe himself in more righteous terms, as a warrior for stockholders who have been disenfranchised by inattentive corporate boards and myopic executives.
Newmont said it received notice of intent from a unit of Barrick for two shareholder proposals for consideration at Newmont's next annual meeting of stockholders.
Stock buybacks, which are not considered a business investment, tend to raise the price of remaining shares for other stockholders rather than spur economic activity.
The scandal is a serious issue for stockholders, said Christopher Whalen, senior managing director of the financial institutions rating group at Kroll Bond Rating Agency.
Also, the company will usually indemnify directors from any liabilities they incur in their capacity as a director, like if they get sued by stockholders.
"We strongly believe that our proposal represents a value-maximizing outcome for RCII stockholders," Vintage Capital said in its latest letter to Rent-A-Center.
Stockholders and voters have been clear; they want to know the details of the political donations of the companies they own and give their business.
But-- but-- but it's just-- it's a question of-- of whether-- the stockholders should determine what-- what they think the value of the company is.
VIX and associated products accounted for roughly a quarter of Cboe's 2017 earnings, analysts estimate, and the controversy around the product has spooked some stockholders.
So he wrote a shareholder proposal addressing BlackRock's record on pay that the firm's stockholders will vote on at their annual meeting on May 26.
"Broadcom's board of directors and management team sincerely appreciate the significant support we received from the Qualcomm and Broadcom stockholders throughout this process," Broadcom said.
Instead, this week it announced that it's buying back $100 billion of its own stock, which is good for stockholders but does nothing for workers.
The company's board also declared a cash dividend for the fourth quarter, payable to stockholders of record at the close of business on March 3.
Mr. Smith said the case constituted a "multibillion-dollar liability" that had not been disclosed to Dow Chemical's stockholders or the Securities and Exchange Commission.
"This result is a full victory for Facebook's stockholders, and achieved everything we could have hoped to obtain by winning a permanent injunction at trial."
T) to 659 billion yen ($5.44 billion), a deal that would dilute existing stockholders, the Wall Street Journal reported citing people familiar with the matter.
As prices rise for the protected products in industries with large workforces, the extra profits are often captured by oligopolistic firm owners and their stockholders.
In a press release on his policy positions, Sanders campaigned on the public ownership of the state's electric companies, without compensating the banks and stockholders.
Mark Zuckerberg and Google founders Larry Page and Sergey Brin have a stranglehold on their companies by giving their shares more votes than other stockholders.
"Merck's low premium, change-in-control offer would prevent the stockholders of both companies from participating in potential upside of the combined company," it said.
I'm fairly certain Nike knew its decision to feature Kaepernick in its campaign would draw calls of boycott and perhaps even a rebuke from stockholders.
He tells Bailey that he cannot die, there are too many lawyers and private investigators and publicists and stockholders dependent upon him for their livelihood.
The transaction is expected to close in the third quarter and is subject to the approval of DCT stockholders, among other customary conditions, they said.
In exchange, it received binding agreements from nine NXP stockholders that collectively own more than 28 percent of NXP's outstanding shares to support the deal.
ANNOUNCES NEW MEETING DATE FOR THE SPECIAL MEETING OF STOCKHOLDERS TO APPROVE PROPOSED BUSINESS COMBINATION WITH IEA ENERGY SERVICES LLC * M III ACQUISITION CORP - MOVED SPECIAL MEETING OF STOCKHOLDERS TO APPROVE PROPOSED BUSINESS COMBINATION WITH IEA ENERGY SERVICES LLC​ * M III ACQUISITION CORP - ‍SPECIAL MEETING WAS PREVIOUSLY SCHEDULED FOR MARCH 15, 2018 BUT HAS BEEN RESCHEDULED TO MARCH 20, 2018​ Source text for Eikon: Further company coverage:
Large stockholders such as founders, venture capital firms or directors and officers of the company all might be persons who can control what the company does.
It is clearly in the interests of all of Viacom's stockholders that the Massachusetts actions be pursued in order to preserve the independence of Viacom's board.
"The road ahead represents a massive opportunity to serve our communities and drive value for our stockholders," Lyft's co-founders wrote in the company's IPO prospectus.
A federal grand jury indicts Mr. Milken, accusing him of having cheated clients and stockholders, manipulating the market and tricking a corporation into being taken over.
Sontchi said that the evidence showed the company was worth around $650 million, or roughly equal to the claims held by creditors, leaving nothing for stockholders.
The bottom line: The industry and its largest stockholders are not about to start self-regulating when it comes to drug prices and incentive pay packages.
Eastern time * RLJ Lodging Trust - Felcor lodging trust has changed date of special meeting of its stockholders to Tuesday, August 15, 2017 at 5:00 p.m.
This can lead to a situation where, if the company was liquidated for a very small amount of money, earlier investors and common stockholders get nothing.
Also, Fortune reported that stockholders for Macy's, a staple of American retail since 1858, are badgering the company into making more use of its real estate.
But like any frontier or emerging market, Capello said investors need to be wary of value traps, and make sure that stockholders are aligned with investors.
That helped net income allocated to common stockholders rise 42 percent to $85 million, or 76 cents per share, in the third quarter ended Sept. 30.
"We appreciate the views of all our stockholders and we value constructive input toward the common goal of enhancing stockholder value," an Akamai spokesman told Reuters.
The filing said that Hilal plans to speak with management, board members and stockholders, but it is unclear what kinds of changes he may push for.
The current board "had a history of making poor decisions on behalf of stockholders," Icahn wrote in a filing with the U.S. Securities and Exchange Commission.
But as Tesla stockholders weigh several big questions at its annual shareholder meeting on Tuesday, the cash-crunch scenario is one that defies an easy answer.
CPA 17 stockholders will receive 0.160 shares of W.P. Carey for each share held, equivalent to $10.72 per share based on the company's Friday closing price.
"We believe there are significant opportunities to create value for both companies' stockholders by combining our complementary businesses," Jim Meyer, SiriusXM's CEO, said in a statement.
The filing said that Hilal plans to speak with management, board members and stockholders, but it was unclear what kinds of changes he will push for.
At the time, Daimler declined to issue new shares because it did not want to see existing stockholders diluted, sources with knowledge of the talks said.
Then, CEO David Calhoun suggested Tuesday that the company would turn down federal assistance if it meant US taxpayers would essentially become stockholders in the company.
In the past, the selection of Fed presidents has been heavily influenced by the financial institutions that are formally the stockholders of the Fed's regional banks.
Just over half of American families — 260 percent — owned stock in 2000, the first time stockholders represented a majority of Americans since before the financial crisis.
"Nationalization sometimes proves problematic for bondholders as a restructuring process evolves, and for minority stockholders depending on the government's view on dividends and buybacks," he wrote.
"It's one of those things that sound good to stockholders," said David Bixenspan, a wrestling writer for Deadspin, referring to expansion into countries with large populations.
Once the acquisitions are made, the public stockholders can elect to have their shares redeemed for cash if they don't want to stay in the deal.
Warren sponsored the Climate Change Disclosure Act, which would require corporations to warn their stockholders of the dangers that a corporation's policies pose to climate change.
After the termination, the real estate investment trust would adopt a plan of selling individual assets and the proceeds would be distributed to the its stockholders.
But in the face of an uncertain future, is that a viable trajectory for WeWork, and is it even what its employees, customers, and stockholders need?
S&P 500 stockholders received a record amount of dividends in the fourth quarter of 2019, totaling $126.4 billion, according to S&P Dow Jones Indices.
While ChemChina quickly amassed huge bridge loans so it could pay Syngenta stockholders, it was less obvious what the longer-term funding structure would look like.
While this proved to be a sound financial investment within eight years, it naturally entwined the concerns of union leadership with those of the company stockholders.
One option discussed was Brookfield replacing SunEdison as sponsor of the units, purchasing Class A and Class B from stockholders and the yieldcos remaining listed entities.
"We continue to believe our proposal represents the most attractive, value-enhancing alternative available to Qualcomm stockholders and we are encouraged by their reaction," the company said.
Net income attributable to stockholders declined to 221 million euros from 439 million a year earlier, largely due to a significant increase in taxes, the group said.
The company also declared a dividend for DowDuPont stockholders, who will receive one share of Dow for every three shares of DowDuPont held as of March 21.
But for now, with no stockholders to impress and the basic technology already proven, there's not a hell of a lot riding on any specific landing attempt.
Net income attributable to Facebook's stockholders rose to $2.05 billion, or 71 cents per share, compared with $715 million, or 25 cents per share, a year earlier.
Stoltmann, a self-described "Goldman critic," said he believes Wednesday's roller-coaster ride for Tesla stockholders represents the bank employing a "Swiss-cheese wall" between divisions instead.
"A conflicted controller has strong incentives to engage in transactions that benefit him to the detriment of the corporation and its other stockholders," Vice-Chancellor Slights wrote.
The company's stockholders also voted to approve the advisory vote on the compensation payable to Yahoo's named executive officers in connection with the completion of the transaction.
Trading was volatile and shares fell more than 23% after hours on news of a 21.1 million share offering that includes 3 million shares from selling stockholders.
Under terms of the deal, Genomic Health stockholders will receive $27.50 in cash and $44.50 in Exact Sciences stock, for a total value of $72 per share.
Dropbox and existing stockholders are selling 36 million shares, and the offering could be increased by 5.4 million if underwriters exercise their right to buy more stock.
This was a huge loss—with the possibility of inflaming anxieties among employees and stockholders—and so there were discussions about how to handle disclosing the departure.
The funds will now receive $48.31 per share, not the $59.21 per share paid to other Jarden stockholders in 2016 in a deal valued at $16 billion.
Under terms of the deal, Genomic Health stockholders will receive $27.50 in cash and $44.50 in Exact Sciences stock, for a total value of $20193 per share.
"The transaction is expected to close in 85033, subject to customary closing conditions, including approval by Fitbit's stockholders and regulatory approvals," the companies said in their announcement.
The net income attributable to common stockholders fell to $26 million, or 11 cents per share, from $231 million, or 96 cents per share, a year earlier.
Net income attributable to common stockholders fell to $11 million, or 423 cents a share in the first quarter, from $15.6 million, or 22 cents a share.
Purported stockholders also filed two federal class-action complaints against Helios and Matheson in August, claiming the company made "materially false or misleading" statements to the market.
The company did not disclose the financial terms of the deal but said it would use the net proceeds to repay debt and return capital to stockholders.
The lawsuit was filed in the Delaware Court of Chancery by a special committee formed within CBS' board in an attempt to preserve CBS stockholders' best interest.
Net loss attributable to common stockholders was $4.18 billion, or $3.35 per share, compared with a loss of $2.47 billion, or $2.38 per share, a year earlier.
"While we do not comment on interactions with our investors, Box is committed to maintaining an active and engaged dialogue with stockholders," Box said in a statement.
"A key principle of the Company is maintaining the highest levels of trust with borrowers, investors, regulators, stockholders and employees," the board said in a press release.
Why it matters: Silicon Valley's big tech "startups" have increasingly delayed going public, in part because of the pressures of quarterly performance they must explain to stockholders.
Hence financial regulation, expanded ability to seize troubled financial institutions (so as to be able prop them up without bailing out stockholders and executives), and so on.
On the same day, Exxon Mobil stockholders won a crucial vote requiring the company to start accounting for the impact of climate change policies on its business.
To cut costs, preserve capital and strengthen Barclays in the eyes of regulators, he sold most of its African operations and cut the quarterly dividend to stockholders.
Banks, brokerages, and insurers exist to serve their owners, be they stockholders in the case of joint-stock corporations, or approved customers in the case of mutuals.
Oclaro, which makes optical components for data center markets said its stockholders are expected to own about 16 percent of the combined company when the deal closes.
This was a blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom's independent director nominees.
Purported stockholders have filed two federal class-action complaints against Helios and Matheson in August, claiming the company made "materially false or misleading" statements to the market.
The pet medication company will offer 2 million shares directly, and other stockholders will sell 3 million shares each of Class A and Class B common stock.
In some instances, a select number of pre-IPO investors, usually very large stockholders or management, may also sell a portion of their holdings in the IPO.
Like many other tech companies that have recently gone public, WeWork has a multi-class stock structure that gives Neumann more power than the company's other stockholders.
In other words, stockholders — who are generally much wealthier than average Americans — pay a much lower rate on this income than they do on their regular income.
While stockholders may not want a corporation to make bets that are unlikely to have an immediate payoff, as citizens we must demand our government does so.
Amazon previously tried to prevent stockholders from considering the facial-recognition proposals, but the Securities and Exchange Commission said in April that it had to allow a vote.
Of the $1.6 billion, $1.25 billion, or $95.63 per share, will go to Straight Path stockholders, while the remainder covers amounts owed to the FCC and other liabilities.
"Our board strongly believes that Medivation's business plan will deliver value to our stockholders that is far superior to Sanofi's offer and unanimously rejects your proposal," it said.
Without a clear method of determining who is and who isn't a control person, the previous exemptions limit many stockholders from being able to resell shares at all.
The lawsuit, filed in Chancery Court in Delaware, centers on a plan, approved by Uber stockholders in June 2016, to expand the board from eight members to 11.
After Mr. Marcus died in 19393, his son, Bernard, and a partner, Saul Singer, began a frenzied expansion that grew to 189 branches, 227,22019 depositors and 18,000 stockholders.
With its strong technology and new product offerings, we believe there are exciting opportunities for Pandora to accelerate its growth and increase value for Pandora and SiriusXM stockholders.
The concern is that companies, especially in prioritizing buybacks, are rewarding stockholders instead of investing in their workers, research and development, new facilities, or other more productive arenas.
While the selling stockholders still own most of their stakes — none is selling more than about 21.5% — they're at least allowed to take some risk off the table.
"A large stockholder would normally be a good director as he or she would have all stockholders' interests in mind when making decisions," Dubow says in an email.
SO WE HAVE A RICH HISTORY OF INNOVATION BUT IT'S BEEN VERY SMART ACQUISITION, AND WHEN WE DO THESE ACQUISITIONS, WE DO THEM WITH OUR STOCKHOLDERS IN MIND.
Net loss attributable to stockholders from continuing operations widened to $391 million, or 1.63 cents per share, from $276 million, or 54 cents per share, a year earlier.
Wells Fargo stockholders, who had been hearing about the company mending its ways, only to get hit with one stock-plummeting bombshell after another, decided to take action.
"After a thorough evaluation, KCG's Board of Directors concluded that the proposal from Virtu provides compelling value for KCG's stockholders," KCG Chairman Charles Haldeman said in a statement.
"Instead of the speculative value offered by the Entegris transaction, the all-cash proposal would deliver immediate and certain cash value to Versum stockholders and employees", he added.
" Bristol-Myers said in response to Starboard's letter that it "welcomes the opinions of all of its stockholders and will review Starboard's letter and respond in due course.
The Bristol-Myers Squibb Board and management team are confident that our combination with Celgene will create a premier biopharma company and deliver substantial benefits to our stockholders.
"As long-­term United stockholders, we have been greatly disappointed with United's poor performance and bad decisions over the last several years," said Brad Gerstner, CEO of Altimeter.
However, net income attributable to stockholders declined to 221 million euros from 439 million a year earlier, largely due to a significant increase in taxes, the group said.
Reuters also reports that "certain existing stockholders of co affiliated with Blackstone Group" are offering up 325,000 shares of Series A convertible preferred stock in NCR for sale.
That unit also helped the company's reported first-quarter earnings per share attributable to common stockholders of $2.20 per share top analysts' average expectation of $4.53 per share.
The duty of loyalty states that the director must act in the best interests of the company and stockholders and not in his or her own self interests.
A second cost to consider, Mr. Winters said, is the money companies pay to repurchase their shares in trying to offset that dilutive effect on other stockholders' stakes.
"It is certainly in the interests of all of Viacom's stockholders that the Massachusetts actions be pursued in order to preserve the independence of Viacom's board," he said.
REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS * BOOK VALUE ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $22.04 PER COMMON SHARE AT MARCH 31, 2018 Source text for Eikon: Further company coverage:
In the Delaware Supreme Court's decision in K.K.R. Financial last October, the court held that a fully informed vote of disinterested stockholders is a protection to the transaction.
One of the chief selling points of leveraged loans has been their seniority to bond- and stockholders and their call on corporate assets in the event of default.
The total cash payment to Sentio stockholders is between $14.37 and $15.21 per share, subject to the terms of the merger agreement, Kayne Anderson Real Estate Advisors said.
Bidders who get a meeting with management hear the same upbeat story of growth coming sometime in the future that Ms. Mayer has been repeating to Yahoo's stockholders.
In addition, HP Enterprise stockholders will receive half the value of what the company estimates will be at least $1.5 billion of annual cost cuts from the merger.
Fair Game It is one of the great investment conundrums of our time: Why do so many stockholders cheer when a company announces that it's buying back shares?
Costco just announced that it would raise entry-level wages to $13.50 an hour — at a cost to stockholders of a penny a share in the current quarter.
Other big stockholders include the investing firms Tiger Global, TCV and the Chinese conglomerate Tencent, each of which controls between 5 percent and 10 percent of the stock.
If corporations returned all of the tax cut to stockholders via increased dividends, you might be able to see it in increased payments of investment income to foreigners.
Any CEO who behaved like Trump behaves would be fired and fired quickly by the company's board of directors before damage to the company and its stockholders ensued.
"It is in the best interests of the company and its stockholders to terminate the combination agreement effective immediately," New York REIT Chairman Randolph Read said on Tuesday.
Pioneer also announced it would increase its quarterly dividend to 55 cents per share, which applies to stockholders of record at the close of business on March 103.
Bill Wagner, president and CEO at LogMeIn said in a statement that the price reflects the high value of the company and will give stockholders a meaningful return.
Net income available to stockholders was $95 million or 16 cents per share, compared with a loss of $84 million or 14 cents per share a year earlier.
The Offer provides stockholders with an opportunity to obtain liquidity with respect to all or a portion of their stock without the potential disruption to Qualcomm's stock price.
The offering of 14 million Class A shares by EVO Payments and selling stockholders raised $224 million, after being priced at the upper-end of its projected range.
This conversion will not take effect if these Class B stockholders continue to own at least 50 percent of their shares held at the time of the IPO.
Including that, the IPO could end up raising around $219 at the middle of that $26.9 to $270 range that it's estimating, including the shares sold by existing stockholders.
I suggested at the meeting that management had a responsibility" — the word responsibility shows up over and over again — "responsibility beyond that of making a profit for its stockholders.
Prior to this new law, the exemptions available to stockholders were subject to a range of limitations, restrictions and requirements, making resales of private company stock difficult and infrequent.
Instead of keeping the loophole closed and placing a burden on large stockholders, directors and officers, Congress has given them the option to resell shares under this new exemption.
Because of the pullback, originations in the second quarter are expected to drop by one-third from the prior quarter, Sanborn said at LendingClub's annual stockholders' meeting on Tuesday.
"We have heard from many Qualcomm stockholders who have expressed their desire for Qualcomm to engage with us," Broadcom Chief Executive Hock Tan said in a statement on Monday.
The part of the arrangement that spooked stockholders was that even though the spin-off was a 50-50 split, VMware was going to carry Virtustream on its books.
At the annual stockholders meeting in January, the company announced that Applegate CEO Kerry Collins would be replaced by Steven J. Lykken, a 24-year veteran of Hormel Foods.
TrueCar — The car-buying service announced a secondary offering of 8.5 million shares, with one million of those sold by the company itself and the rest by current stockholders.
Unfortunately, dramatically shrinking the scope of the world's biggest social network might not appeal to stockholders and advertisers in quite the same way that it would appeal to users.
"The board remains open to all reasonable alternatives to enhance value for Caesars' stockholders and has and will continue to evaluate strategic alternatives presented to it," the company added.
Net loss available to stockholders widened to $1.13 billion, or $1.94 per share, due to charges of $1.2 billion, largely related to write-downs following the deal with Telstra.
The company said some of the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 487,500 shares at the public offering price.
Under terms of the deal, Genomic Health stockholders will receive $27.50 in cash and $44.50 in shares of Exact Sciences stock, for a total value of $72 per share.
Income from continuing operations attributable to common stockholders rose to $2.78 per share in the second quarter, from $1.89 per share a year earlier, helped chiefly by lower taxes.
STOCKHOLDERS APPROVE PROPOSED MERGER WITH CAPELLA EDUCATION COMPANY * STRAYER EDUCATION INC - ‍PROPOSED MERGER, WHICH IS ANTICIPATED TO CLOSE IN Q3 OF 2018​ Source text for Eikon: Further company coverage:
Mr. Gilbert filed on behalf of all nonvoting shareholders, asserting that the defendants have breached their fiduciary duties and that control of the company should go to public stockholders.
"We believe that our conclusion is shared by many of United's long-suffering stockholders, customers and 80,000-plus dedicated employees," the funds said in a letter to United's board.
The company's net income allocated to common stockholders rose to $254.6 million, from $44.7 million a year earlier, reflecting a $191.5-million gain related to new U.S. tax laws.
Meanwhile, about your companion's steak dinner: Most of the tax cut actually consisted of huge tax breaks for corporations, which is in effect a big tax cut for stockholders.
From the letter: Broadcom is asking Qualcomm stockholders to voluntarily transfer to a hostile acquirer the considerable near- and long-term value creation Qualcomm has in front of it.
COMMENTS ON UNSOLICITED THIRD PARTY MINI-TENDER OFFER * HEALTHCARE TRUST INC - BOARD RECOMMENDS STOCKHOLDERS REJECT MINI-TENDER OFFER BY MACKENZIE REALTY CAPITAL Source text for Eikon: Further company coverage:
For most startups and privately-held companies, liquidity is often an issue for stockholders, as no market exists for selling shares and/or transfer restrictions can prevent their sale.
Yahoo's stockholders will retain shares in a new company called Altaba that will own its $52 billion stake in Alibaba Group and its $9 billion stake in Yahoo Japan.
Five of eight director nominees received less than 50 percent support, and four of Tribune's largest independent stockholders withheld support from Tribune's director nominees, Gannett said in a statement.
Shares of TiVo and Xperi stockholders will be converted to shares of the new parent company based on a fixed ratio of 0.4555 Xperi share per existing TiVo share.
"We believe the business of business is improving the state of the world for all of our stakeholders, including our stockholders, customers, employees, community, environment and society," it said.
According to his calculations, the company could make a one-off payment of ninety dollars per share to all its stockholders, without having any impact on its ongoing earnings.
For perhaps the first time in U.S. corporate history, stockholders of a public company will vote on May 23 on whether to turn a technology innovator into a patent troll.
The proposal, which was defeated in a vote at Tesla's annual meeting of stockholders on Tuesday, represented the strongest challenge yet to Musk's grip on the Silicon Valley car company.
Net income attributable to common stockholders surged to $350 million, or $2.06 per share, in the quarter ended March 31, from $178 million, or $1.04 per share, a year ago.
In addition, as previously indicated, upon termination of the agreement, we intend to pursue a stock repurchase program of up to $30 billion to deliver significant value to our stockholders.
As the market shifts its focus from the Federal Reserve's monetary policy to Congress and fiscal policy, stockholders need to invest very carefully, expert Michael Farr told CNBC on Monday.
Net income attributable to common stockholders rose to $30.8 million, or 34 cents per share, in the latest quarter from $17.7 million, or 20 cents per share, a year earlier.
And for Buffett, fear of overpaying may be allayed by the dividends and the knowledge that as a preferred shareholder he ranks ahead of common stockholders if something goes wrong.
Global headcount: 117,000 When it comes to this life sciences company, Bayer is all about delivering value in every area, whether that's for its customers and stockholders, or for employees.
Net income available to common stockholders fell to $128.7 million, or $1.28 per share, in the quarter ended June 30, from $148.2 million, or $1.45 per share, a year earlier.
The net income attributable to stockholders rose to $309 million, or 31 cents per share, in the latest quarter from $150 million, or 15 cents per share, a year earlier.
Fitbit's net income attributable to common stockholders rose to $64.2 million, or 26 cents per share, in the quarter, from $11.9 million, or 19 cents per share, a year earlier.
GrubHub said third-quarter net income attributable to common stockholders slipped to $13 million or 15 cents per share, from $13.2 million or 15 cents per share, a year earlier.
Return on average tangible common stockholders' equity (ROTCE), excluding noteworthy items, was 9.20% in 3Q17, compared to 8.54% in 103Q16, though this does include favorable tax adjustments during the quarter.
Qualcomm was also ordered to reconvene its 2018 Annual Meeting of Stockholders on the earliest possible date, which based on the required 10-day notice period, is March 23, 2018.
The semiconductor company announced a $10 billion share repurchase program, in conjunction with plans to return at least 50 percent of free cash flow to stockholders beginning in fiscal 2019.
In fact, the corporation in Citizens United was a non-stock, nonprofit corporation, so any reference in the opinion to stockholders — whether "citizens" or not — is plainly a noncontrolling dictum.
While some drillers might shrink their capital spending to buy shares back from stockholders or fund higher dividends, many will stick with their short- and medium-term plans, they say.
While many chief executives devote significant time to fielding questions from investors, Amazon's founder and chief executive, Jeff Bezos, is famously stingy about the time he spends with major stockholders.
Senior executives feared that its eight-figure size would spark an investor uproar, especially among the bank's large contingent of individual stockholders, according to a person familiar with executives' thinking.
Since 2900, corporations used $220006 trillion to buy or merge with other companies; then they fired employees to eliminate overlap (2202-2628 percent of the deals were failures for stockholders).
"This is a terrific opportunity for our stockholders, who stand to benefit from the significant upside potential of this transaction," Richard Dozer, the Swift chairman, said in a news release.
The deal, which is expected to close in the third quarter of 2020, will give Woodward shareholders 55% of the combined company while Hexcel stockholders will have a 45% stake.
In documents filed with the government on Tuesday, the company said the meeting would be moved to November 1 so stockholders had more time to consider the split before voting.
However, Qualcomm's board maintained its view that the proposal materially undervalues the chipmaker, has an unacceptably high level of risk and is not in the best interests of its stockholders.
The company said the all-cash offer on Saturday to buy all outstanding shares for between $3.00 and $5.00 per share was not in the best interest of its stockholders.
We believe that any transaction should be the result of full and fair deliberation and negotiation by both of our boards and the fully-informed consideration of our respective stockholders.
Those could include private lawsuits as well as government actions; there's also the prospect of a revolt by stockholders who find the company facing unexpected liabilities or a congressional investigation.
Net income attributable to common stockholders surged to $350 million, or $2.06 per share, in the first quarter ended March 31, from $178 million, or $1.04 per share, a year ago.
GrubHub's net income attributable to common stockholders rose to $53.5 million, or 60 cents per share, in the fourth quarter, from $13.6 million, or 16 cents per share, a year earlier.
In 2014, after the company's stockholders had lost $16 billion in value, thousands of workers had been laid off and Peabody was headed for bankruptcy, they pulled down about ... $25 million.
Information about WhiteWave's directors and executive officers is set forth in its proxy statement for its 2016 Annual Meeting of Stockholders and its most recent annual report on Form 10-K.
WebMD and its financial advisors had a process that involved outreach to more than 100 strategic and financial parties, and we are confident that this transaction maximizes value for our stockholders.
Net income available to common stockholders fell to $128.7 million, or $1.28 per share, in the second quarter ended June 30, from $148.2 million, or $1.45 per share, a year earlier.
Net income available to Interpublic's common stockholders rose to $13 million, or 43 cents per share, in the June quarter from $145.8 million, or 37 cents a share, a year earlier.
And when you pivot them not just to your stockholders, not just to your employees, not just to your partners, but to also your community, that you can do amazing things.
Corporate Japan remains a cosy place; the custom of cross-shareholdings, in which companies own equity stakes in each other, created a core of friendly stockholders who don't rock the boat.
Net income available to Interpublic's common stockholders rose to $169.5 million, or 43 cents per share, in the June quarter from $145.8 million, or 37 cents a share, a year earlier.
So when I say "Facebook stockholders" made a decision, that's technically the truth, but really it's Zuckerberg himself who gets to decide just how much power Zuckerberg retains at the company.
Adjusted net income attributable to Valero stockholders fell to $629 million, or $1.51 per share, in the quarter ended June 30, from $928 million, or $2.15 per share, a year earlier.
The filing highlights Uber's key stockholders, including Kalanick, who owns 8.6 percent of the company's pre-IPO shares valued at roughly $9 billion, assuming an initial market cap of $100 billion.
Stockholders in Starwood and Marriott had been expected to vote on the companies' integration on March 28, so there was a "limited window" for the Anbang-led bid, one source said.
The Board believes that this proposal, cut-and-pasted from one company to another, was not drafted in and is not focused on the best interests of Netflix or its stockholders.
But a doctrine of "shareholder primacy" had been outlined in 1919, when a Michigan court observed that "a business corporation is organised and carried on primarily for the profit of stockholders".
JCP Investment, which holds about 7.1 percent of Fiesta's outstanding shares, said it was concerned about the massive decline in value that Fiesta stockholders have suffered over the past several years.
Around 15% of household financial assets are invested in the stockmarket, not enough to sink the economy when the market plunged last year but plenty to anger large numbers of stockholders.
The board can get sued by stockholders if board members do not satisfy their fiduciary duties, resulting in time-consuming and expensive litigation, potentially major damages and otherwise disturbing the business.
Stockholders had argued that they felt misled by the company's sudden bankruptcy filing in February, which came after the largest U.S. zinc producer indicated it had sufficient funds for its operations.
Polycom stockholders will get $3.12 in cash and 1.31 Mitel shares for each of their shares, or $13.68 based on the closing price of a Mitel common share on April 13.
CBS and CEO Leslie Moonves were sued by one the network's stockholders on Monday over the drop in the company's share price, according to legal documents filed in a securities lawsuit.
Penney "believes it is in the best interest of its customers, stockholders, partners and associates to remain focused solely on the operations of the business," it said in an SEC filing.
Of course, the company could choose not to keep that $1 billion in a London bank; it might do something else with it, such as buy shares back from its stockholders.
"We continue to believe it is the best option designed to allow the stockholders of both companies to share the enhanced future value of the combined company with Fujifilm," it said.
" The board of Medivation, a biotechnology company based in San Francisco, determined that the offer "substantially undervalues Medivation" and was "not in the best interests of the company and its stockholders.
The transaction, which will almost certainly be approved, would leave stockholders with shares in a new company that would primarily hold $57 billion in stock of Alibaba Group and Yahoo Japan.
"We continue to believe our proposal represents the most attractive, value-enhancing alternative available to Qualcomm stockholders and we are encouraged by their reaction," CEO Hock Tan said in a statement.
STOCKHOLDERS APPROVE ACQUISITION BY WYNDHAM * LA QUINTA HOLDINGS INC - TRANSACTION BETWEEN CO AND WYNDHAM WORLDWIDE REMAINS ON TRACK TO CLOSE IN Q2 OF 2018 Source text for Eikon: Further company coverage:
The chipmaker will now pay 90 cents per share, up from the prior 77 cents a share, with the next dividend payable November 18 to stockholders of record on October 31.
What tax reforms are they proposing to make life better for me and for the millions of Americans whose jobs vanished and whose wages stagnated, while stockholders just kept getting richer?
Today it decided that earnings reports—usually a time to show of healthy metrics to stockholders and investors—is actually a really good time to admit you made your own product worse.
Steve Ballmer, the former CEO of Microsoft and one its top stockholders, said this week that he'd be unloading his shares if the company tried to move away from its Windows franchise.
But there was another significant legislative improvement that hasn't been as widely written about: Congress passed a new securities law exemption that changes the liquidity game for stockholders in early-stage companies.
Already effective, the new law, Section 4(a)(7) of the Securities Act of 1933, makes it substantially easier for stockholders, such as early employees, investors and consultants, to sell their stock.
The new Section 4(a)(7) provides a much easier exemption to access, and empowers early stockholders to get liquidity for compensation that's been paid to them in stock or stock options.
Stockholders may trade their shares of Emergent common stock ex-distribution, that is, without the right to receive the shares of Aptevo common stock in the distribution, prior to the distribution date.
Adjusted net income attributable to Valero stockholders fell to $629 million, or $1.51 per share, in the second quarter ended June 30, from $928 million, or $2.15 per share, a year earlier.
Hilton's net income attributable to stockholders rose to $260 million, or 89 cents per share, in the quarter ended June 30, from $217 million, or 71 cents per share, a year earlier.
CNBC's Jim Cramer said Monday that stockholders of household names should not be too quick to pull the trigger when they hit a rough patch because the market tends to be forgiving.
In a recent SEC filing, Intel's board said it is "unrealistic" to expect the company or its stockholders to agree with every stance taken by a politician who receives contributions from Intel.
In relation to the separation, the company also declared a dividend for DowDuPont stockholders, who will receive one share of Dow for every three shares of DowDuPont held as of March 21.
Net income attributable to stockholders rose to $28.54 million, or 239 cents per share, in the first quarter ended March 2156.1, from $9.9 million, or 12 cents per share, a year earlier.
Net income allocated to common stockholders rose to $117.3 million, or $1.04 per share, in the first quarter ended March 31 from $15.1 million, or 16 cents per share, a year earlier.
"By working together, Rovi and TiVo will revolutionize how consumers experience media and entertainment, and at the same time build value for our stockholders," Mr. Carson said in a statement on Friday.
The stockholders that are not a part of the Abrams-Knighthead duo include some big shots in their own right — like billionaire John Paulson, whose firm owns more than 2 million shares.
Profit attributable to common stockholders rose to $802 million, or $1.35 cents per share, in the second quarter ended June 30, from $550 million, or 93 cents per share, a year earlier.
CBS and Moonves were sued by one the network's stockholders last month over the drop in the company's share price, with the stockholder indicating the network misled investors about Moonves's alleged misconduct.
"Occidental refused to craft a compromise and so we'll happily take our case to stockholders which the company should have done with this bet-the-company transaction," Icahn told Reuters on Thursday.
YAHOO AND THE BUYBACK MIRAGE | Why do so many stockholders cheer when a company announces that it is buying back shares when it can be hazardous to its long-term financial health?
On one hand, this may feel fair and equitable to the founders, employees and other common stockholders — because during a down round their investor is feeling the same dilutionary pain they are.
Canada's biggest public pension fund, which is one of the world's biggest real estate investors, will pay Parkway stockholders $19.05 per share and a $4 special dividend, the companies said on Friday.
Net income available to stockholders was $95 million, compared with a loss of $84 million a year earlier that reflected a $174 million expense related to changes in the U.S. tax law.
It instead reiterated its "best and final" stance which it established prior to our first meeting, despite our attempts to find a path to a deal that makes sense for Qualcomm stockholders.
He was the very model of a modern chief executive during the shareholder value era of the '80s and '90s, which prioritized a public company's returns to its stockholders above all else.
Judge Glasscock said he was concerned that stockholders excluded from the arbitration process might still be able to seek legal recourse and said he would revisit the issue if any came forward.
Recall that Cook was among the 200 corporate chieftains who signed a commitment in August declaring that a corporation&aposs purpose is not simply to maximize profits for the benefit of stockholders.
"It became quite apparent that this is now bleeding into all levels of the industry, in terms of brands — even if you have stockholders, even if you are mainstream," Ms. Chandler said.
Tribune seeks about $1 billion of lost premium to Tribune's stockholders and additional damages in an amount to be proven at trial, according to a copy of the lawsuit filed in Delaware.
"We appreciate the views of all of our stockholders and we value constructive input toward the shared goal of enhancing stockholder value," a Deckers representative told Reuters in response to the letter.
Net loss attributable to Community Health's stockholders narrowed to $137 million, or $1.22 per share, in the second quarter ended June 30, from $1.43 billion, or $12.91 per share, a year earlier.
As part of the agreement, Ameritrade stockholders will receive 218 Schwab shares for every share held, a 236% premium over the stock's 21.6-day average price before news of the deal broke.
The two top advisory firms to public company stockholders are split on a hotly debated Amazon shareholder proposal designed to push the company to consider more women and minorities for board seats.
"We believe that joining forces with Avast, a private company with significant resources, fully supports our growth objectives and represents the best interests of our stockholders," added Gary Kovacs, chief executive officer, AVG.
However, profit attributable to common stockholders fell to $192 million, or 32 cents per share, in the first quarter ended March 31, from $271 million, or 46 cents per share, a year earlier.
The suspension rate is nearly double what the company was doing as recently as October 2017 and may put a dent in the company's monthly active user numbers, to the dismay of stockholders.
Net loss available to Interpublic's common stockholders narrowed to $8 million, or 2 cents per share, in the quarter ended March 31, from $14.1 million, or 4 cents per share, a year earlier.
"If ETE attempts to terminate the Merger Agreement, Williams will take appropriate actions to enforce its rights under the Merger Agreement and deliver its benefits to Williams' stockholders," Williams said in a statement.
Net loss available to Interpublic's common stockholders narrowed to $23 million, or 2 cents per share, in the quarter ended March 31, from $14.1 million, or 4 cents per share, a year earlier.
TO ESTABLISH INTEGRATED NEUROLOGICAL IMAGING, MAPPING AND THERAPY GUIDANCE PORTFOLIO * EGI STOCKHOLDERS WILL RECEIVE, IN CASH, 105.4 PENCE PER EGI SHARE‍​ * TRANSACTION TOTAL EQUITY VALUE OF GBP 29.0 MILLION (APPROXIMATELY EUR 32.9 MILLION).
Broadcom president and CEO Hock Tan said the bid is "compelling for stockholders and stakeholders in both companies," with the combined company able to operate at a larger scale across more product ranges.
Hilton's net income attributable to stockholders rose to $260 million, or 89 cents per share, in the second quarter ended June 30, from $217 million, or 71 cents per share, a year earlier.
Net income attributable to common stockholders fell to $1.3 million, or 1 cent per share, in the second quarter ended June 30, from $30.1 million, or 33 cents per share, a year earlier.
Net income attributable to the company's common stockholders rose to $1.10 billion, or $1.24 per share, in the second quarter ended June 30, from $937 million, or $1.02 per share, a year earlier.
Net income attributable to Hilton stockholders rose to $260 million, or 89 cents per share, in the second quarter ended June 30, from $217 million, or 71 cents per share, a year earlier.
I know when we think about it at Goldman Sachs, we think a lot about how we invest in our people, invest our business, but also how we steward that capital for stockholders.
The company sweetened the offer for the VMware tracking stockholders to $23.9 billion from $21.7 billion in November, helping it win backing from shareholders, including Carl Icahn, who had opposed the initial offer.
Kimelberg said the voting-majority threshold shouldn't be too high — in other words, "you don't want to have to chase down 70% of all the stockholders to get approval" for a certain decision.
After narrowly escaping financial ruin in the early 1990s by delaying payments on his debts, Mr. Trump avoided a second potential crisis by taking his casinos public and shifting the risk to stockholders.
Ackman has been trying to sell his message to institutional stockholders as well as retail investors, and got a lift from major proxy solicitors, which all support at least him joining the board.
The British colonies, he points out, were settled by private organizations such as the Massachusetts Bay Company and the Virginia Company, entities that had stockholders and were governed by charters—essentially, by corporations.
Net income allocated to common stockholders rose to $87.6 million, or 78 cents per share, in the second quarter ended June 30, from $82.4 million, or 73 cents per share, a year earlier.
ANNOUNCES LAUNCH OF SECONDARY OFFERING OF COMMON STOCK * EMERALD EXPOSITIONS EVENTS INC - ‍ COMMENCED SECONDARY PUBLIC OFFERING OF 7 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDERS​ Source text for Eikon: Further company coverage:
Sirius XM said following the deal, which is expected to close in the first quarter of 2019, Pandora stockholders will own 8.6 percent of the pro forma company on a fully diluted basis.
The AOBC stockholders will own 100% of each company at the time of the spin off and will then be able to decide on their investments, Chairman Barry Monheit said in a statement.
The big one was if Qualcomm couldn't get enough NXP stockholders to tender their shares (the deal had to be done via a tender, not just a vote, because of Dutch securities laws).
Australia's four biggest banks are more profitable than those in the United States, Europe, Canada and Japan, measured by return on stockholders' equity, according to a study last year by Australia's central bank.
The Special Committee continues to believe that completing the tender offer is fair and in the best interest of the Company, its stockholders and all WeWork shareholders, including our employees and former employees.
"This was a blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom's independent director nominees," Broadcom said in a news release.
"They are setting themselves up to have quite a large group of stockholders who would of course, like any other stockholder, have the right to bring forward a shareholder proposal," Ms. Russell said.
Companies buy back their stock for various reasons — to take advantage of undervaluation, to reward stockholders by increasing the value of their shares or to make the company look more attractive to investors.
Qualcomm said on Tuesday it had entered into agreements with nine NXP stockholders, who collectively own more than 28 percent of NXP, including top shareholder Soroban Capital Partners LP and second-largest Elliott.
Proxy advisory firm Institutional Shareholder Services on Thursday recommended Tesla Inc stockholders reject a multi-billion-dollar, 10-year pay package for Chief Executive Elon Musk, saying the "unprecedented" award was too rich.
Net income allocated to common stockholders rose to $82.4 million, or 73 cents per share, in the second quarter ended June 30 from $67.3 million, or 60 cents per share, a year earlier.
Sends letter to independent directors of TICC Capital Corp * Says calls for TICC's independent directors to resign * Says "highlights discrepancies in TICC's public statements compared to reality of its investment portfolio" * "encourages TICC stockholders to vote gold proxy card to terminate TICC's external adviser's advisory contract" * Says encourages TICC stockholders to vote gold proxy card to elect T. Kelley Millet to TICC board * Says "seeking an objective evaluation of TICC's recent financial performance and actions" Source text for Eikon: Further company coverage:
But earlier this month, Bloomberg reported that Google would somehow make its presence felt at Qualcomm HQ, in front of Qualcomm stockholders, offering its "stamp of approval" for a new kind of Qualcomm chip.
GrubHub's net income attributable to common stockholders rose to $30.1 million, or 33 cents per share, in the second quarter ended June 30, from $14.8 million, or 17 cents per share, a year earlier.
Net income available to stockholders was $10 million, or 2 cents per share, in the three months ended March 31, compared with a loss of $1.13 billion, or $1.94 per share, a year earlier.
Fairholme, overseen by Bruce Berkowitz, countered that such profit belonged to stockholders such as itself, and that the sweeping of that profit to the U.S. Treasury Department was an unconstitutional taking of private property.
Read Elizabeth Holmes' full letter to Theranos shareholders below April 21, 22 Dear Theranos Stockholders, We last wrote on December 21, 22, shortly after closing a secured debt financing transaction with Fortress Investment Group.
The promise is that the Tesla stockholders and the tax subsidizing public will greatly benefit from major pollution reductions as electric cars break through as viable alternative and gain access to mass-market production.
The net income attributable to Facebook's stockholders rose to $2.05 billion, or 71 cents per share, in the second quarter ended June 30, from $715 million, or 25 cents per share, a year earlier.
Stockholders for 2016 was $0.27 per share on a fully-diluted basis * Consolidated water co ltd- total revenues for 2016 $57.9 million versus $57.1 million in 2015 Source text for Eikon: Further company coverage:
SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla shares as of Friday.
Stockholders who hold their shares in electronic form at their brokerage firms need not take any action, as the shares held in brokerage accounts will be automatically adjusted to reflect the reverse stock split.
These numbers aren't enough to give us a full picture of taxes at the top, which requires taking account of other taxes, especially taxes on corporate profits that indirectly affect the income of stockholders.
Sure, your stockholders probably aren't thrilled you have thousands of pairs of Spectacles sitting in a warehouse, or that Instagram continues to pillage your app features, but we all want to forget 2017 anyway.
Net income available to Interpublic's common stockholders' rose to $169.5 million, or 43 cents per share, in the three months ended June 30 from $145.8 million, or 37 cents a share, a year earlier.
The eventual sale to AllScripts at less than half the amount proposed last year means that ordinary employees and common stockholders get nothing, while managers are banking millions from the pre-arranged carve-out.
"Peter Fenton, whose term expires at the upcoming annual meeting of stockholders, will not stand for re-election at the mutual agreement of the Board and Mr. Fenton," the company said in the filing.
Instead of negotiating a mutually agreeable deal, Tribune is "putting up another roadblock to prevent its stockholders from realizing compelling, immediate and certain cash value for their investment," Gannett said in an emailed statement.
GrubHub's net income attributable to common stockholders rose to $30.8 million, or 34 cents per share, in the first quarter ended March 31, from $17.7 million, or 20 cents per share, a year earlier.
" TiVo CFO and interim CEO Naveen Chopra added: "In joining forces with Rovi, our customers, employees and stockholders will benefit from being part of a more diversified industry leader with significantly greater market opportunities.
" In an opinion piece, Donald Luskin wrote that "the costs [of taxing imports] would be passed on to Americans in some form: either to consumers through higher prices or to stockholders through lower profits.
Under the agreement, CME's common stockholders will receive $4.58 a share, a 753% premium to the stock price before CME announced a strategic review in March that brought up the chance of a sale.
Here's the full text of the section: We believe the business of business is improving the state of the world for all of our stakeholders, including our stockholders, customers, employees, community, environment and society.
They then used nearly all of that money, a whopping 19803 percent, to buy back shares from stockholders—a move that enriches investors while doing nothing for the company itself—and handsomely compensating executives.
With new rules that enable more liquidity, the options for early stockholders are improved dramatically; however, there are still requirements that must be met before you can run out and sell some of your shares.
On Monday, Deason said that he has a right to nominate directors, despite missing a deadline, because the current board had made a series of significant decisions and disclosures material to stockholders after the deadline.
Putting the head of their mobility division at the helm indicates Ford is trying to send a strong message to stockholders that the company intends to be a dominant player in the future of mobility.
Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will not be standing for re-election in the upcoming annual meetings of stockholders in 2019 and 2020, the company said in a regulatory filing.
"Our stockholders heard that we were involved in a process and they made it very clear that they did not want us to buy that company," Salesforce CEO Marc Benioff told CNBC late last month.
"We believe once all ballots are counted results will show that unaffiliated stockholders by a substantial margin supported our efforts for changes to the Board at FSFR," Knapp said in a press release on Thursday.
Kansas City Southern's net income available to common stockholders rose to $146.5 million, or $1.38 per share, in the first quarter ended March 31, from $107.7 million, or 99 cents per share, a year earlier.
"We believe that joining forces with Avast, a private company with significant resources, fully supports our growth objectives and represents the best interests of our stockholders," AVG Chief Executive Gary Kovacs said in a statement.
It's their business model to provide their stockholders with the maximum money they could possibly get and the highest stock price, is to get more eyeballs and more clicks and more people on their platforms.
The separation will be through a pro-rata distribution of shares of Save-A-Lot common stock to Supervalu stockholders, who will own at least 80.1 percent of the outstanding shares of the new company.
Net loss available to the company's common stockholders narrowed to $8 million, or 2 cents per share, in the first quarter ended March 31, from $14.1 million, or 4 cents per share, a year earlier.
Exxon Mobil's plan to sell billions of dollars in assets may pave the way for the company to return cash to stockholders through a long-awaited share buyback program, says Chairman and CEO Darren Woods.
Stitch Fix recently introduced its services in the UK. Net income attributable to common stockholders rose to $12 million, or 12 cents per share, from $1.7 million, or 2 cents per share, a year earlier.
As insurance and financing costs rose in tandem with the escalating U.S. rhetoric about North Korea, "revolving stockholders hastily offloaded South Korean stock by selling nearby LME positions (which) in turn perpetuated the copper contango".
In Ohio, for instance, the state's Public Utilities Commission has approved a plan from Akron-based FirstEnergy to let the company keep three of its aging coal plants on ratepayer life support while stockholders profit.
Musk's lawyers have argued that he didn't really control the process for buying SolarCity and that the stockholders who voted on the deal were fully informed of what was going on at the two companies.
"By connecting these awards to service to the company and long-term value creation, our board believes we have set the foundation for long-term incentive alignment between Adam and our stockholders," the company said.
So, while it is laudable that the FDA has called attention to the bad players, it is inadequate to assume that the companies following the rules are providing benefit to anyone other than their stockholders.
Bowles and Hastings, both of whom have served on the board since 2011, will not be nominated for reelection when the company's board of directors votes on May 30 at its annual meeting of stockholders.
Ms. Anthes said the company's changes to its pay programs were made in consultation with its stockholders and corporate governance experts; the modifications "respond to their input and clearly align pay with performance," she added.
To the Editor: If Ellen L. Weintraub is indeed correct that foreign nationals are prohibited from donating to influence our elections and that includes foreign stockholders of donating corporations, there is only one overarching question.
Gannett Chief Executive Robert Dickey said in a statement on Monday that Tribune stockholders, by withholding their votes, would send a "clear message" to Tribune's board that it should engage in talks with the company.
"The board of directors follows sound corporate governance practices, and will continue to do so in connection with any potential transaction involving our controlling stockholders," Paul Sagan, the company's lead director, said in the statement.
NEW YORK (Reuters) - Institutional Shareholder Services urged PrivateBancorp stockholders to reject Canadian Imperial Bank of Commerce's latest takeover offer, citing possible Canadian housing market contagion that could undermine the $13 billion cash-and-stock bid.
"The board of directors follows sound corporate governance practices, and will continue to do so in connection with any potential transaction involving our controlling stockholders," VMware's lead director Paul Sagan said in a company statement.
The proceeds from those shares sold by stockholders aren't going to end up in Sonos' hands, so the company itself is only going to net around that $105 million at the top end of its range.
The filing is, in essence, Faraday Future's way of pushing back against Evergrande's claims to stockholders (and the public) that the real estate giant won a recent arbitration case between the two sides in Hong Kong.
An independent state audit in 23.07 said that PG&E had diverted more than $21.73 million collected from customers for gas safety operations, and instead used it on bonuses for executives and profits for stockholders, SFGate.
The companies said SolarCity stockholders would receive 0.110 Tesla common shares for every share held, valuing SolarCity at $25.37 per share based on the 143-day volume weighted average price of Tesla shares as of Friday.
The change, effective immediately, was made "to protect long-term interests of stockholders," National Amusements, a privately held movie theater company that owns 80 percent of Viacom's voting stock, said in a news release on Monday.
VMware felt compelled to issue a press release on the matter after the SEC document was made public, which appears to be an attempt to reassure customers and stockholders while the companies decide what to do.
"Selling TPG (TransPerfect Global) as a going concern will protect TPG's employees from the ruinous consequences of an asset sale and provide the maximum return to the stockholders," said the majority opinion, written by Collins Seitz.
Details: Alford, if confirmed at Facebook's annual stockholders meeting on May 30, will be one of of three women on Facebook's board, including Bill & Melinda Gates Foundation CEO Sue Desmond-Hellmann and Facebook COO Sheryl Sandberg.
Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will not be standing for re-election in the upcoming annual meetings of stockholders in 2019 and 2020, the company said here in a regulatory filing.
"I'm convinced that this acquisition has very great potential for creating value for our company, our stockholders and our customers," Baumann said, adding he expected the deal to be approved and closed in the near future.
Investors do not seem unduly worried about the prospect of giving 10 percent of the company to "Elon" - as the latest letter to stockholders calls Tesla's founding genius and chairman - if he meets new "stretch goals".
The video streaming company said a shareholder, or a group of up to 20 stockholders, owning at least 3 percent of the company's outstanding shares for at least three years may nominate up to 2 directors.
ANNOUNCES SECONDARY OFFERING OF 10,000,000 SHARES OF COMMON STOCK BY SELLING STOCKHOLDERS * FLOOR & DECOR - FUNDS AFFILIATED WITH ARES MANAGEMENT, FREEMAN SPOGLI MANAGEMENT INTEND TO OFFER CO'S SHARES FOR SALE Source text for Eikon: Further company coverage:
Some stockholders worry the meetings could yield details not available to smaller investors, a tension that is emerging more often as big funds own larger stakes in companies and stress their frequent talks with U.S. corporations.
His view seems to be that since he schmoozed with the company's executives and gave its stockholders a big tax cut, Harley owes him personal fealty and shouldn't respond to the incentives his policies have created.
"Staples' board believes that this process has led to a transaction which is in the best interests of our stockholders, as well as Staples and its employees," Robert Sulentic, the company's chairman, said in a statement.
Zuckerberg specifically said in a post on his Facebook page that he was abandoning a plan to create a class of Facebook stockholders without voting rights in order for him stay in control of the company.
As part of that deal, Polycom stockholders would get $3.12 in cash and 1.31 Mitel shares for each of their shares, or $13.68 based on the closing price of a Mitel common share on April 13.
In a direct listing, there is no lock-up agreement, which allows for equal access to the offering to all of the company's pre-IPO investors, including rank-and-file employees and smaller pre-IPO stockholders.
To help ensure that, Tesla is prepared to make the consummation of a combination of our companies subject to the approval of a majority of disinterested stockholders of both SolarCity and Tesla voting on the transaction.
The oil and gas producer, in a regulatory filing, said fixing a record date for the planned consent solicitation and the proposals of the Icahn Group "are not in the best interests of Occidental or its stockholders".
Finally, there's a lot more legal paperwork involved with institutional stockholders and advisors in general (such as ensuring proxies for important corporate meetings and actions), than there are for private companies used to engaging only with VCs.
Specifically, some of the sovereign funds wanted Tesla to open production facilities in their home countries—something that would tie the company's image more directly to the new stockholders and risk a rerun of its production nightmares.
"Both companies would benefit from a merger, but Mattel stockholders might oppose a deal that values the company on its depressed stock price," said Erik Gordon, a professor at the University of Michigan's Ross School of Business.
"We believe this is a threat blatantly deployed in an attempt to coerce DVMT stockholders to vote in favor of the merger, or else risk the unknown consequences of the forced IPO conversion," Icahn said on Thursday.
It also sees companies which it holds partially responsible for these dire straits using their ever greater profits (see chart 2139) to funnel cash to stockholders, rather than investing them in ways that make everyone's life better.
The board is made up of a group of outside individuals that are elected as (or to act as) representatives of the stockholders to establish corporate management related policies and to make decisions on major company issues.
To be fair, Wilson Sonsini's motion didn't specifically object to Robbins Geller or its client, an investor who held 3,000 Gigamon shares on the date stockholders voted to approve the company's $1.6 billion acquisition by Elliott Management.
"We propose an action plan that we believe allows Gulfport to create at least $9 per share of value for stockholders (over 100 percent of the current market capitalization) over the next 12 months," Firefly's letter said.
SAP announced its intent to buy Qualtrics for $8 billion last night, and Vista Equity Partners got into the act too, announcing a deal to buy Apptio for $1.94 billion, representing a 53 percent premium for stockholders.
Listen to Caforio explain why this deal is important for the company here Stockholders have been hit with a new syndrome and it's causing U.S. major markets to descend after a strong start to 2019, Cramer said.
The Houston-based company on Wednesday reported fourth-quarter net income available to common stockholders of $483 million, compared with a loss of $1.05 billion a year earlier, due to the overhaul of the U.S. tax code.
Even if one of them leaves the company, "they will continue to have the ability to exercise the same significant voting power and potentially control the outcome of all matters submitted to our stockholders," Snap's filing reads.
"We recognize that it is impractical and unrealistic to expect that we or our stockholders and stakeholders will agree with every issue that a politician or trade association may support," Intel wrote in its 2015 responsibility report.
A 353-page examiner's report into the collapse of Washington Mutual Inc extinguished hopes of stockholders that it would unearth billions of dollars of hidden value or smoking gun evidence the government wrongly seized its banking operation.
"Canyon Capital believes these issues should be of the utmost concern to all Ambac stockholders and believes the company's performance will continue to suffer without significant changes in the boardroom," the hedge fund said in a statement.
The list of major stockholders who could influence such a deal is a short one and includes co-founders Jack Dorsey and Ev Williams and the interesting combination of Steve Ballmer and Saudi Prince Alwaleed Bin Talal.
Broadcom said the change would let Qualcomm stockholders direct a simple majority of the board to negotiate a deal while also ensuring that the remaining five directors who are familiar with the company continue to oversee it.
Albertsons said in a statement that it disagreed with "the conclusion of certain Rite Aid stockholders and third-party advisory firms" that the deal undervalued the drugstore chain, but would not alter the terms of the deal.
Corporate governance is often rightly criticized for emphasizing meaningless metrics and the peculiar social whims of stockholders, but in these cases, the Valley glossed over big issues about who controlled the corporation — the founder or the owners?
Stone shares will be exchanged for Talos stock on a one-for-one basis, while Talos' existing stockholders will be issued 34.2 million shares to give them 63 percent of the combined company, according to a statement.
So, in this Congress, the two of us will attempt to get a vote on legislation that demands that corporations commit to addressing the needs of their workers and communities before the interests of their wealthy stockholders.
As of earlier this week, seven Tesla stockholders have filed lawsuits against Elon Musk over the proposed acquisition of SolarCity and alleged Musk was in breach of his fiduciary duties for not disclosing the proposed merger properly.
Occidental has obtained committed financing for the entire cash portion of the aggregate transaction consideration, and completion of the transaction will not require or be conditioned upon the receipt of any vote or other approval by Occidental's stockholders.
Subject to our compliance with the preemptive rights of certain investors, we will offer this opportunity to all stockholders who are accredited investors within the meaning of Rule 501(a) under the Exchange Act of 1933, as amended.
ANNOUNCES TERMS FOR ITS COMMON STOCK RIGHTS OFFERING * ROYCE VALUE TRUST- FIXED CLOSE OF BUSINESS MAY 30 AS RECORD DATE FOR DETERMINATION OF STOCKHOLDERS ENTITLED TO PARTICIPATE IN STOCK RIGHTS OFFERING Source text for Eikon: Further company coverage:
This is a private stock transaction, and unfortunately the consideration for the purchase of the company did not clear the preference of Preferred shareholders so Common stockholders will not be receiving anything in this deal (cash or stock).
Co : * Received a statement of support from Richard Farmer, member of founding Farmer family * Richard Farmer says "look forward to supporting company's board nominees at upcoming 2016 annual meeting of stockholders" Source text for Eikon: Further company coverage:
Tribune sought about $1 billion of lost premium to Tribune's stockholders and additional damages in an amount to be proven at trial over what it called Sinclair's "misconduct," according to a copy of the lawsuit filed in Delaware.
That means it has no clear way to discern what is posturing by stockholders and what is any real discomfort with the terms — which could lead to an ill-informed underbid when the price is set on Tuesday.
Jeff Bezos, the chief executive of Amazon, who used to take a sleeping bag to work when he was a lowly computer programmer, has said that his eight hours of sleep each night were good for his stockholders.
"Its proposal to replace our existing directors with its own hand-picked nominees is simply a tactical manoeuvre to facilitate a transaction that will transfer value that rightly belongs to Medivation stockholders to Sanofi," said CEO David Hung.
"If the Merger is completed, SolarCity stockholders will have the right to receive 0.110 shares of Tesla Common Stock for each share of SolarCity Common Stock issued," an S4 the company filed with the SEC on Monday read.
"As detailed when it was adopted, the rights plan does not prevent the board from considering any offer that it considers to be in the best interest of Papa John's stockholders," company spokeswoman Madeline Chadwick said in an email.
At the same time, $400 million worth of value was unlocked for early stockholders, enabling those employees, consultants and investors to use a portion of the value created in the company while still contributing significantly to the eventual IPO.
The sale is expected to generate a net return of around $40 billion for Altaba stockholders — the provided range is between $39.8 billion and $41.1 billion based on share prices and associated expenditure — and it'll happen in two parts.
Or they may simply determine the time has come to swap debt for equity, a popular strategy that allows drillers to clean up their balance sheets and lets some debtors wait out the rebound in oil prices as stockholders.
Driving the news: In Bezos' annual letter to stockholders Thursday, the Amazon CEO countered two lines of criticism: that his company is strong-arming third-party sellers on its platform, and that it has monopolistic power over the market.
"Given the rate and severity of the deterioration of the company's business, we believe that it is in the best interests of all stockholders for the board to create those options," Sycamore said in a letter to Chico's board.
Shareholders are hoping to prove SandRidge may be the rare bankruptcy where a company's assets are valuable enough to repay creditors and have money left over for stockholders, according to their filing with the U.S. Bankruptcy Court in Houston.
"Hirst and his co-conspirators issued large amounts of stock, lied about their roles, and found other novel means to defraud the stockholders of Gerova Financial and the investing public," acting U.S. Attorney Joon Kim said in a statement.
Starwood stockholders would share in the upside, owning about a third of the combined company after receiving Marriott stock, alongside $21 a share in cash, in last week's agreed transaction worth $78.11 a share in midday trading on Monday.
ANNOUNCES PRICING OF SECONDARY OFFERING OF COMMON STOCK * EMERALD EXPOSITIONS EVENTS - PRICES PUBLIC OFFERING OF 6 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDERS AT A PUBLIC OFFERING PRICE OF $18.50/SHARE Source text for Eikon: Further company coverage:
Since stockholders bear the greatest risk of loss should a bank fail, they demand higher rates of return on their investment in a bank than the rate of interest banks pay on their deposits and other forms of debt.
This would mean not banning major stockholders from selling shares during periods of market turbulence, not suspending the trading of stocks outside the use of predetermined circuit breakers, and therefore not creating the conditions that lead to moral hazard.
"A key principle of the company is maintaining the highest levels of trust with borrowers, investors, regulators, stockholders and employees," Hans Morris, who on Monday was named Lending Club's executive chairman, a newly created role, said in a statement.
Cutting the corporate tax rate, they argued, would also translate to higher wages and more jobs, even though corporate leaders have made it clear that they will either hoard their savings or pay them out to stockholders in dividends.
The Committee on Foreign Investment in the United States urged Qualcomm on Sunday to postpone its annual stockholders meeting and election of its board of directors by at least 30 days to allow for the review of the deal.
Businesses are the engine of a country's employment and wealth creation; when they cater only to stockholders, expenditures on employees' behalf, whether for raises, job training, or new facilities, come to be seen as a poor use of funds.
As executives tell investors what they intend to do with their tax savings and their spending plans are tabulated into neat charts and graphs, the reports jibe with what most experts said would happen: Companies are rewarding their stockholders.
The boards of directors of both companies and the major stockholders of fuboTV have approved the transaction, which is anticipated to close during the first quarter of 2020, subject to the satisfaction of certain closing conditions, the companies said.
ANNOUNCES EXTENSION OF TIME TO COMPLETE PREVIOUSLY ANNOUNCED BUSINESS COMBINATION WITH JH CAPITAL * EASTERLY ACQUISITION - STOCKHOLDERS VOTED TO EXTEND DEADLINE TO COMPLETE AN INITIAL BUSINESS COMBINATION WITH JH CAPITAL TO JUNE 30 Source text for Eikon: Further company coverage:
We remain the only major country on earth that allows chief executives and stockholders in the health care industry to get incredibly rich, while tens of millions of people suffer because they can't get the health care they need.
America is a huge economy, and even in the long run it can't attract the kind of capital inflows tax-cut enthusiasts envision without offering significantly higher rates of return — which means more for stockholders and less for workers.
Under the terms of the deal, Polycom stockholders will get $3.12 in cash and 1.31 Mitel shares for each share of Polycom common stock, or $13.68 based on the closing price of a Mitel common share on April 13.
"We are seeking your support for the election of our four (4) nominees at the Company's annual meeting of stockholders scheduled to be held on Tuesday, May 15, 2018," Starboard's chief executive officer Jeffrey Smith wrote in a filing.
We believe the company's strong cash flow generation, liquidity and leadership position in the attractive rent-to-own industry combine to underpin potential transaction price ranges that would allow both stockholders and a potential acquirer to realize significant value.
In the past, the fact that our tax system was "worldwide" mattered less, both because the U.S. was such a huge part of the world economy and because being incorporated in the U.S. made companies more appealing to stockholders.
In the past, it has distributed shares of four of its businesses - travel services company Expedia, online lending marketplace Lending Tree, ticket-buying platform Ticketmaster and Home Shopping Network - among stockholders to focus on its internet, media and advertising businesses.
"In compliance with the CFIUS order, Qualcomm will delay its Annual Meeting of Stockholders and election of directors for at least 30 days so that CFIUS can fully investigate Broadcom Limited's proposal to acquire Qualcomm," Qualcomm said in a statement.
Texas-based Kinder Morgan separately reported net income available to common stockholders of $485 million, or 22 cents per share, in the quarter to the end of March, compared with $401 million, or 18 cents per share, a year earlier.
Photo: GettySnapchat, fresh off a redesign that managed to piss off just about the entirety of its user base, is reportedly getting ready to introduce a new feature that no one (except its stockholders) has been asking for: unskippable advertisements.
"We are pleased to have reached this agreement with Westlake, which provides our stockholders with immediate recognition of the long-term value of our company, underscoring our Board's commitment to maximizing stockholder value," Axiall CEO Timothy Mann said in a statement.
Here's another part of it: Broadcom stands ready to negotiate its proposal on a comprehensive basis on terms that are realistic for both parties and their respective stockholders, but has not yet found a counterparty prepared to do the same.
The interests of these stockholders, who are senior to all other classes and series of stock with respect to payment upon a liquidation or deemed liquidation of the company, may differ from holders of other classes or series of our stock.
Please note that if we offer new equity securities at a price per share less than the applicable conversion price of our existing series of preferred stock, the resulting anti-dilution adjustments could cause significant dilution to our existing stockholders.
Some of the company's stockholders are angry that they will not get to vote on the deal and are concerned that their investment will be diluted if Buffett exercises his option to buy up to 80 million shares of Occidental.
BOSTON, Sept 20 (Reuters) - Billionaire hedge fund manager William Ackman on Wednesday spoke to Main Street stockholders, asking this less affluent but hugely influential group to help him win a proxy contest at human resources outsourcing company Automatic Data Processing Inc.
Qualcomm said in its statement on Monday that Broadcom and Silver Lake were effectively asking stockholders to foreclose options and make a decision now on a non-binding proposed transaction that may not be completed for well over a year.
The award is seen as an effort by Tesla to reassure investors that Musk will continue to helm the electric car maker in the long term and that his interests will align with those of Tesla stockholders, Glass Lewis said.
A 52-second affair between giant pandas Shin Shin and Ri Ri last week sent Totenko Co.'s stock up 2.9 percent—more than five times their three month average, according to Bloomberg—much to the quiet, gentle pleasure of stockholders.
In addition to the 2997 million shares in the IPO, Uber notes that the underwriters have the option to purchase up to an additional 21.85 million shares of common stock from the selling stockholders solely to cover over-allotments, if any.
The deal, expected to close by the fourth quarter, will give Tribune stockholders $35 in cash and 0.23 shares of Sinclair Class A common stock for each share of Tribune Class A common stock and Class B common stock they own.
"This compelling merger will create value for our respective stockholders and allow customers, partners, employees and the open source community to benefit from the enhanced offerings, larger scale and improved cost competitiveness inherent in this combination," he said in a statement.
By Jim Christie Nuo Therapeutics' bid for financing and its plan to auction its assets came under attack on Thursday from unsecured creditors and stockholders, who said the bankrupt wound care company aims to hand itself over to its lender.
Under the deal, SolarCity stockholders would receive 85033 Tesla common shares for every SolarCity share they hold, valuing SolarCity common stock at $25.37 per share based on the five-day volume weighted average price of Tesla shares as of Friday.
The new sanctions up the ante in threatening Western investments in Russia: U.S. stockholders now have 30 days to dispose of their shares in major Russian firms Rusal, En+ and GAZ, the last of which is Russia's largest bus company.
The Committee on Foreign Investment in the United States (CFIUS) urged Qualcomm on Sunday to postpone its annual stockholders meeting and election of its board of directors by at least 30 days to allow for the review of the deal.
The company reported a net loss available to IPG Common stockholders of $14.1 million, or 4 cents per share, in the first quarter ended March 31, compared with a profit of $24.7 million, or 6 cents per share, a year earlier.
Instead of abstaining completely or voting his shares in one block (which would give him sole decision-making power), he chose to "vote his shares proportionately with NetSuite's other stockholders" should NetSuite go out to bid and land another, better offer.
Setting aside the question of whether Carrier can sustainably sell products made in America by expensive workers in a competitive global marketplace, it's a victory for the wider social compact over stockholders who will see a few pennies less profit.
"We are excited about this transaction with Apollo, which recognizes the value of the Fresh Market's strong brand and significant growth prospects while providing stockholders with an immediate and substantial premium," said Rick Anicetti, the grocer's president and chief executive.
"With tax reform, we are well positioned to complete a large stock buyback that will deliver essentially the same level of accretion to Qualcomm stockholders as if we had closed NXP," Qualcomm Chief Financial Officer George Davis said in a webcast.
Broadcom's response pulled no punches, accusing Qualcomm of covertly reaching out to regulators: This was a blatant, desperate act by Qualcomm to entrench its incumbent board of directors and prevent its own stockholders from voting for Broadcom's independent director nominees.
" Mr. Jacobs, in turn, said there were "clear merits to exploring a path to take the company private in order to maximize the company's long-term performance, deliver superior value to all stockholders and bolster a critical contributor to American technology.
The company, described as an "email killer," said net loss attributable to common stockholders rose to $359.56 million, or 98 cents per share, in the second quarter ended July 31, from $31.86 million, or 28 cents per share, a year earlier.
Slack, described as an "email killer", said net loss attributable to common stockholders widened to $359.6 million, or 98 cents per share, in the second quarter ended July 31, from $31.9 million, or 26 cents per share, a year earlier.
The company, described as an "email killer", said net loss attributable to common stockholders rose to $359.56 million, or 98 cents per share, in the second quarter ended July 31, from $31.86 million, or 26 cents per share, a year earlier.
Shareholder proposals often gain attention because they are distributed to stockholders and are included in annual proxy statements, the employees say, and they give workers a way to raise their grievances directly to the board, rather than just to managers.
"Broadcom remains confident that Qualcomm's stockholders will continue to support its proposal to acquire Qualcomm, and looks forward to concluding a transaction with this Qualcomm board of directors, or the newly elected Qualcomm board following its annual meeting," the company said.
CBS executives were incensed that Ms. Redstone rebuffed an approach from Lloyd C. McAdam, chairman and chief executive of Verizon Communications, roughly a year ago, thereby "depriving CBS stockholders of a potentially value-enhancing opportunity," CBS said in its complaint.
Redstone told the C.E.O. of a potential acquirer of CBS that he should not make such an offer, thereby depriving CBS stockholders of a potentially value-enhancing opportunity that the board or the special committee should have been free to evaluate.
On Wednesday, Bankinter, Spain's fifth biggest bank by market value, said it would divest an 82.6% stake in LDA by distributing the shares to its own stockholders, valuing the stake at 1.184 billion euros and all of LDA at 1.434 billion.
SAFE notes gone awry create undue negotiating tension between CEOs/founders and new investors, especially if this interaction occurs during the first priced equity round, because it is truly the first time founders and other common stockholders see the dilution in real terms.
The company also announced that it plans to publicly articulate a long-term capital allocation strategy later in 2017, pending input from four new independent directors expected to replace board members not sitting for re-election at the upcoming annual meeting of stockholders.
Shareholders led by hedge fund Mangrove Partners hope to prove at a hearing in St. Louis on Thursday that Peabody may be the rare bankruptcy where a company's assets are valuable enough to repay creditors and have money left over for stockholders.
The optimal deal structure would be an all-stock transaction in which the stockholders of each company would receive shares in the combined company of the same class as they currently hold, National Amusements said in a letter to the companies' boards.
"We believe this transaction is in the best interests of Maxwell stockholders and offers investors the opportunity to participate in Tesla's mission of accelerating the advent of sustainable transport and energy," Maxwell CEO and President Franz Fink said in a company announcement.
So for a public company like Airbus (market cap $76 billion), with all its stockholders and board members, to be invested in a ludicrous-sounding venture like "flying taxis," it can't help but feel like we're on the cusp of some major breakthroughs.
The duo have proposed a one-off pool worth upwards of $50 million, which would be distributed to consumers in 2018, while Westar shareholders should expect a 15 percent increase in dividend payouts to match the payout Great Plains stockholders currently receive.
"Starboard Value sent Bristol-Myers Squibb a notice of nomination in connection with Bristol-Myers Squibb's 2019 annual meeting of stockholders," Bristol said in a regulatory filing on Wednesday, adding that the hedge fund proposed five directors, including Starboard co-founder Jeffrey Smith.
CBS did not put a timeline on when that outside counsel might be in place or how long it expects the investigation to take, but the company did announce its postponing its annual stockholders meeting, which had been scheduled for August 10th.
Kalanick's overarching objective is to pack Uber's Board with loyal allies in an effort to insulate his prior conduct from scrutiny and clear the path for his eventual return as CEO—all to the detriment of Uber's stockholders, employees, driver-partners, and customers.
The stockholders described it as intolerable that the extensive land for the project, on which the newly built school was standing, should remain in separate ownership, and that the owner, herself a member of the board, should charge a substantial rent for it.
Higher expenses and one-time divestiture charges led the company to report a net loss available to IPG Common stockholders of $14.1 million, or 4 cents per share, compared with a profit of $24.7 million, or 6 cents per share, a year earlier.
"CalWater is financially disciplined, and after repeated attempts to engage with the SJW board of directors, we believe it is in our stockholders' best interests to withdraw our proposal and focus on other opportunities," said Martin Kropelnicki, president and CEO of CalWater.
Mr. Woodman received no further equity awards for last year, the proxy filing added, "based on 2016 performance results and the belief that as our founder and majority stockholder, Mr. Woodman's interests continue to be well aligned with those of our stockholders".
In the meantime, the Securities and Exchange Commission (SEC) has opened an investigation into whether the company adequately informed stockholders of problems with the plane, while the FBI has joined the Department of Transportation in a criminal probe into the plane's certification.
"ADHD Nation" should be required reading for those who seek to understand how a field that once aimed to ameliorate the behavioral problems of children in a broad therapeutic context abdicated its mission to the stockholders of corporations like Shire and Lilly.
Snap has generally been on a positive path in terms of its relationship with stockholders, however — its stock price rose on the back of a strong quarterly earnings report at the end of July, closing above its IPO price for the first time.
"The fact of the matter is, private equity has just, frankly, a better alignment of incentives between stakeholders, stockholders, management and the company," said Smith, founder and chairman of San Francisco-based Vista Equity Partners, which focuses on software and technology companies.
"If a new diabetes drug became available that could double the effectiveness of glucose control, it would likely be priced considerably higher than $22 per week (and if it wasn't, the pharmaceutical firm's stockholders would be in revolt)," Feinberg and her colleagues wrote.
During an annual Amazon shareholder meeting in May, when stockholders had an opportunity to push for more oversight of this technology, the proposal failed to secure enough votes, to the dismay of civil liberties organizations and worker unions that supported the effort.
The board at New York REIT was elected in June 2015 "to serve for a term ending at the 2016 annual meeting of stockholders", which has not been scheduled, the hedge fund said in a letter addressed to the company's Chairman Randolph Read.
First cover: June 2001 NME peak: Either the four covers in 2002 or the four covers in 2003 The NME pushed this nondescript, Beatles-aping group, named for Charles Manson, like its editors were stockholders: three cover stories in a 13-month period.

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