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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: shareholders

shareholders stories: 54 news summaries

1 - 20 of 54 Stories | 1 2 3 Next >>

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 Goldman Bonuses 
 Irk Investors, Too 

Shareholders question need for $20B in bonuses

Nov 20, 09 7:35 AM CST
(Newser) - With Goldman Sachs on course to hand out the highest bonuses in its history, it's not only furious populists who are complaining; investors, too, are getting into the act. Major shareholders, who have stayed out of the executive compensation controversy until now, are calling for the bank to cut back... More »

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Wall Street • executive compensation • Goldman Sachs • shareholders • executive bonuses • Goldman bonuses

 Cuomo Hits 5 BofA Directors 
 With Subpoenas 

Bank's board may have hid Merrill losses from shareholders

Sep 16, 09 1:50 PM CDT
(Newser) - Andrew Cuomo subpoenaed five members of Bank of America’s board of directors today in his probe to uncover whether the bank was truthful to shareholders about losses at Merrill Lynch, the Wall Street Journal reports. The New York Attorney General suspects that the board was fully informed of the... More »

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Attorney General • Bank of America • shareholders • merger • Merrill Lynch • Andrew Cuomo • New York Attorney General

ANALYSIS

Why Corporate Boards
Seldom Do Their Jobs Well

Directors largely responsible for missteps, but keep their jobs

May 28, 09 2:42 AM CDT
(Newser) - Recent shareholder meetings at Citigroup and the Bank of America devolved into morality plays—wronged shareholders berated executives, executives apologetically vowed to improve—with a rather curious epilogue: every member of the board of directors was reelected. The reason is that corporate boards are often filled with under-informed, over-paid yes-men... More »

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Citigroup • Bank of America • CEO • shareholders • business • corporate governance • board of directors

(Newser) - The business world’s dependence on its own form of gambling—the “expectations,” or stock market—helped fuel the current financial crisis and the dot-com crash, writes Roger Martin in the Financial Times. “Neither would have happened if our business and capital markets theories had been as... More »

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NFL • executive compensation • shareholders • financial markets • stock options • financial crisis • Jay-ZTV

(AP) - Warren Buffett said today the US government is taking the correct actions to help the economy recover. "The government is doing the right things," Buffett said before the opening of Berkshire Hathaway's annual shareholder meeting. "They're acting in a countercyclical manner." But he said he can't... More »

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Warren Buffett • shareholders • recession • US government • Berkshire Hathaway • Oracle of Omaha • Obama administration

 Financial 'Pearl Harbor' 
 Is Past, Says Buffett 

Oracle confident as he prepares to be buffeted by shareholders

May 1, 09 2:05 PM CDT
(Newser) - The Oracle of Omaha still sees tough times ahead for the US economy, but he says he thinks the worst is in the past, CNCBC reports. “We’re at a war now to some degree, but Pearl Harbor was September,” Warren Buffett says. “There was a strike... More »

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investors • Warren Buffett • shareholders • recession • Berkshire Hathaway • investment fund • Oracle of Omaha • economic downturn • economic crisis

 Angry Shareholders Pelt 
 Bank Chairman With Shoes 

Fortis meeting turns ugly as investors start singing 'La Marseillaise'

Apr 28, 09 8:31 AM CDT
(Newser) - An emergency meeting of troubled Belgian bank Fortis had to be suspended today after raucous shareholders raided the stage and pelted the bank's chairman with shoes. The bank is attempting to broker a sale to BNP Paribas, the French giant, but angry small shareholders booed, shouted down speakers and demanded... More »

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Belgium • mergers and acquisitions • shareholders • merger • shoes • BNP Paribas • Fortis • shareholder revolt • national anthem

Times Co. Won't Go Private, Sulzberger Says

'We unequivocally believe in our future' despite revenue falloff

Apr 23, 09 4:39 PM CDT
(Newser) - The New York Times Company does not intend to take itself or its flagship newspaper private, the Wall Street Journal reports. Chairman Arthur Sulzberger Jr. also told a shareholder meeting today that Carlos Slim, the Mexican billionaire who recently bought a large stake in the company, had no interest in... More »

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New York Times • shareholders • Arthur Sulzberger Jr. • ad revenue • New York Times Company • private companies • newspaper industry

Firms Reprice Employees' Worthless Stock Options

Repricing plans toss lifeline to 'underwater' stock option holders

Mar 7, 09 11:12 AM CST
(Newser) - Major firms are trying to boost morale by giving workers another chance to profit on stock options made worthless by the stock market dive, the Washington Post reports. Many employees—especially execs—are currently stuck with "underwater" options with a strike price above the trading price. Close to... More »

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Google • Starbucks • executive compensation • shareholders • shares • bear market • stock options • stock price

 Buffett Has Worst Year Ever 


Feb 28, 09 10:11 AM CST
(Newser) - Not even legendary investors can escape this mess. Warren Buffett’s Berkshire Hathaway posted its worst year ever in 2008, the Wall Street Journal reports. A key indicator, book value per share, fell 9.6%, only the second loss since Buffett took control of the company in 1965. Berkshire... More »

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Warren Buffett • shareholders • profits • Omaha • investments • recession • Berkshire Hathaway • quarterly reports • insurance industry

Shareholders Rage at Apple Board's Silence on Jobs

Apple board rebuffs requests for updates on CEO's health

Feb 25, 09 4:54 PM CST
(Newser) - Apple shareholders left an annual meeting today upset at the company’s board for staying mum about CEO Steve Jobs’ health, the Wall Street Journal reports. Considered the company’s chief innovator, Jobs rattled Apple’s stock price last month with news that treatment for a hormone imbalance would sideline... More »

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Steve Jobs • CEO • shareholders • Apple • board of directors • hormonal imbalance

OPINION

Apple Needs to Tell the Truth About Jobs' Health

Firm's secrecy is a disservice to its investors

Jan 15, 09 3:10 PM CST
(Newser) - It’s possible, but not likely, that something truly changed in the days between Steve Jobs discounting his health issues as a “hormone imbalance” and deciding he needed to take a medical leave from Apple. That means, writes Joe Nocera in the New York Times, that America’s “... More »

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cancer • Steve Jobs • health • shareholders • Apple • computer

PR Blitz Aside, Big Oil Drilled Consumers for Stockholders

As demand drops, companies shelve plans to explore—among moves that benefit shareholders, not consumers

Oct 28, 08 12:43 PM CDT
(Newser) - Despite public-relations campaigns designed to make consumers think otherwise, big oil companies remain firmly tied to doing what’s best for their stockholders and bottom line, the Los Angeles Times reports. Though demand has outstripped production, companies spend more on stock buybacks than supply-boosting exploration. But, one analyst notes, “... More »

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shareholders • gas prices • alternative fuels • Royal Dutch Shell • oil companies • Exxon Mobil • Big Oil

 Apple Bats Down 
 Latest Jobs Death Rumor 

Report that CEO had heart attack is false, company says

Oct 3, 08 12:38 PM CDT
(Newser) - Apple again today was forced to quash rumors about the health of CEO Steve Jobs, refuting a report that the CEO had suffered a “major heart attack,” Bloomberg reports. Shares fell as much as 5.4% following a post on CNN’s citizen-journalist iReport site, but have since... More »

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Steve Jobs • shareholders • Apple • death • illness • heart attack • CNN • pancreatic cancer • iReport

Cheney Hits Hill to Rally
GOP Support for Bailout

VP 'walking into a firing squad' says one House aide

Sep 23, 08 12:23 PM CDT
(Newser) - Dick Cheney met with House Republicans today to try to shore up support for the administration’s financial bailout plan, Fox News reports. The plan faces considerable opposition from conservatives who are wary of what they see as a “socialist” solution and its huge price tag. "Cheney is... More »

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Dick Cheney • Wall Street • Henry Paulson • shareholders • fiscal conservatives • House Republicans • bailout

BofA Could Partner With China Fund on Lehman Bid

Bankruptcy remains possibility for firm

Sep 12, 08 12:17 PM CDT
(Newser) - Bank of America could partner with financial investor JC Flowers and a Chinese sovereign wealth fund on a bid to rescue Lehman Brothers, the Financial Times reports. The hobbled investment bank had resisted selling itself, but is now eagerly seeking suitors before the last of its goodwill on Wall Street... More »

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private equity • Wall Street • Bank of America • Henry Paulson • shareholders • Bear Stearns • SEC • Lehman Brothers • JC Flowers and Co • China Investment Corp

Jobs, Execs Settle Suit on Backdated Apple Options

Tentative $14M deal will put an array of state and federal lawsuits to rest

Sep 11, 08 9:52 AM CDT
(Newser) - Apple CEO Steve Jobs and several current and former execs have reached a tentative settlement on a shareholder lawsuit alleging they backdated stock options to boost their pay, the Wall Street Journal reports. Apple will receive $14 million in the deal, which would end a series of state and federal... More »

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Steve Jobs • shareholders • Apple • stock option backdating • civil lawsuits

Mexican Media Tycoon Buys 6.4% of New York Times

Experts speculate Carlos Slim may be looking to buy or control media company

Sep 11, 08 8:09 AM CDT
(Newser) - The world’s second-richest man, Mexican media tycoon Carlos Slim, has purchased a 6.4% stake in the New York Times Company. He says the buy was a purely financial—not strategic—move, but analysts say he may be positioning himself to make a play for the Gray Lady, reports... More »

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media • newspaper • New York Times • shareholders • Carlos Slim • American media

OPINION

Rumors About Jobs' Health Hit Ghoulish Point

Speculation about Apple boss has crossed the line

Jul 23, 08 8:21 AM CDT
(Newser) - Speculation about the state of Steve Jobs' health is reaching fever pitch, and the scramble to know more is over the top, Tom Krazit writes in CNET. Shareholders, concerned by the Apple CEO's recent weight loss and the fact that he once had pancreatic cancer, are calling for full disclosure.... More »

MORE ABOUT:
Steve Jobs • CEO • shareholders • Apple • weight loss • pancreatic cancer

Yahoo Takes Icahn Fight  to Homepage

Link shows decline in businesses he's worked with

Jul 19, 08 12:22 PM CDT
(Newser) - A new button on Yahoo's homepage links users to the company's case against activist investor Carl Icahn, PC World reports. Icahn is seeking to unseat Yahoo's board at its Aug. 1 general meeting. The page links to voting forms and leaves shareholders in no doubt how the company thinks they... More »

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Yahoo • Carl Icahn • shareholders • Jerry Yang • proxy battle • takeover bid

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