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NEWS ABOUT: shareholder revolt

Angry Shareholders Pelt Bank Chairman With Shoes

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

(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 »

Yang's First Year Leaves Many 'Disillusioned'

Microsoft fiasco most public of Yahoo's woes; '09 could be tougher

(Newser) - Yahoo’s stock has slipped 16.5%, the company might as well be wearing a sign that says “take me over,” and there’s a line of shareholders waiting to sue for what they say was a mishandled non-deal with suitor Microsoft, Fortune reports—not quite the scenario... More »

Rockefellers' Green Revolt Fails at Exxon

Bid to open leadership to global warming debate fails

(Newser) - A shareholder revolt at Exxon Mobil by descendants of company founder John D. Rockefeller has failed to force management to split up the dual chairmanship and CEO roles of Rex Tillerson. The proposal to appoint an independent chairman in part to stimulate board debate about global warming garnered 40% of... More »

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