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EasyJet says Haji-Ioannou family holding drops below 30%

LONDON (Reuters) – British low-cost airline easyJet (EZJ.L) said in a regulatory filing on Tuesday that the Haji-Ioannou family now hold under 30% of the company. Stelios Haji-Ioannou founded easyJet, and along with family members remains its biggest sharehold... More »

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Hyundai Mobis to spend $2.3 billion on shareholder returns, name…

SEOUL (Reuters) – Hyundai Mobis Co Ltd, an auto parts affiliate of Hyundai Motor Co, on Tuesday announced a plan to offer shareholder returns worth 2.6 trillion won ($2.32 billion) over the next three years and to appoint group heir apparent Euisun Chung as ch... More »

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Big Tesla investors look like firewall for Elon Musk

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans. These stockp... More »

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Proxy adviser ISS recommends vote for all Wells Fargo board nominees

(Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) on Friday recommended Wells Fargo & Co shareholders vote for all Wells Fargo board nominees at the bank’s annual meeting on April 24. The backing of the Wells Fargo board by the influenti... More »

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SEC mixes message on Apple shareholder proposals, activists say

FILE PHOTO: A customer looks at her Apple iPhone X at an Apple store in New York, U.S., November 3, 2017. REUTERS/Lucas Jackson/File Photo BOSTON (Reuters) – Apple Inc was allowed to disregard one activist shareholder proposal on greenhouse gas emissions but t... More »

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China`s Leshi votes for new board as creditors protest parent LeEco

FILE PHOTO – LeEco’s new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach An extraordinary shareholder meeting for the listed unit of indebted Chinese tech group LeEco ended amid prot... More »

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Wal-Mart reassures employees as it touts tech investments

Conveyors are seen at a Wal-Mart Stores Inc distribution centers in Bentonville, Arkansas June 6, 2013. REUTERS/Rick Wilking/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE Ð SEARCH ÒBUSINESS WEEK AHEAD JULY 4Ó FOR ALL IMAGES – RTX2JK7F Wal-Mart Stores Inc execu... More »

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UK group expanding campaign to curb antibiotics in meat production

A shareholder coalition founded in the U.K. is recruiting investors for a campaign to convince KFC parent Yum Brands Inc and other food companies to protect public health and corporate profits by reducing the use of antibiotics in the meat they serve in the Un... More »

Wal-Mart says tech investments will boost online sales

FAYETTEVILLE, Ark. Wal-Mart Stores Inc executives touted the technology investments the world’s No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday. Chief Executive Officer Doug McMillon spoke about initiatives like ... More »

Tribune Publishing adopts poison pill to stop Gannett bid

Newspaper publisher Tribune Publishing Co (TPUB.N) said its board had adopted a shareholder rights plan – popularly known as a “poison pill” – in a bid to thwart Gannett Co Inc’s (GCI.N) unsolicited takeover offer. Tribune shares fell nearly 6 percent in morni... More »

Exxon Mobil must allow climate change vote: SEC

The U.S. Securities and Exchange Commission has ruled Exxon Mobil Corp must include a climate change resolution on its annual shareholder proxy, a defeat for the world’s largest publicly traded oil producer, which had argued it already provides adequate carbon... More »

Bank of America officials worried about Moynihan vote: WSJ

NEW YORK Some Bank of America Corp (BAC.N) officials told investors they could lose an upcoming shareholder vote on having Brian Moynihan continue as chairman and chief executive of the company, the Wall Street Journal reported on Sunday. The report, in a stor... More »