Keywords: Shareholder
A U.S. federal appeals court has overturned the class-action certification in a shareholder lawsuit against Boeing, dealing a procedural victory to the aircraft manufacturer in litigation stemming from the Alaska Airlines 737 MAX 9 mid-air cabin panel blowout. The ruling, issued by the 4th U.S. Circuit......
Burberry shareholders have approved a revised executive compensation framework that could substantially increase the long-term earnings of Chief Executive Officer Joshua Schulman if the company achieves ambitious financial and share price performance targets. The decision, endorsed during the British......
Workspace Group has indicated it could accelerate property disposals as it prepares for a shareholder confrontation with activist investor Saba Capital Management, which has become the company's largest shareholder after significantly increasing its stake. The UK flexible workspace provider said......
UniCredit has secured a 17.6% ownership stake in Commerzbank, according to newly released data, marking the latest step in the Italian lender's strategic investment in its German rival following a closely watched takeover attempt. The development comes after UniCredit pursued a months-long effort......
British luxury fashion house Burberry is facing potential resistance from shareholders over its proposed executive compensation plan, ahead of its annual general meeting next month. The debate highlights ongoing tensions between corporate boards and investors over pay structures in major listed companies. A......
SpaceX is preparing to go public with an initial public offering (IPO) that would significantly strengthen founder Elon Musk’s control over the company while sharply limiting traditional shareholder rights, according to filing documents reviewed by Reuters. Musk’s consolidated control The......
Citigroup has appointed James Potts, a senior executive from Barclays, to head its shareholder advisory and activism defense division, according to an internal memo reported on Tuesday. The move highlights ongoing competition among global banks to strengthen advisory services related to shareholder......
A coalition of European investors led by the activist shareholder group Follow This is pressuring BP to maintain its climate-reporting commitments. The investors are urging shareholders to oppose plans to rescind climate-related decisions adopted in 2015 and 2019, which required BP to report on emissions......
Berkshire Hathaway Berkshire Hathaway Inc announced that its board of directors unanimously recommended rejecting a shareholder proposal requesting a report on the company’s workforce and human-capital oversight framework across its diverse operating businesses. In a proxy statement for its upcoming......
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