Vanguard Group, one of the world's biggest fund managers, voted against three directors at Wells Fargo & Co this year, including Chairman Stephen Sanger, according to U.S. filings, a rare rebuke from the bank's second-largest shareholder. More »
Short seller Marc Cohodes, who has bet against the shares of six Canadian-based companies including Valeant Pharmaceuticals International Inc and Home Capital Group Inc, said on Wednesday that he is targeting yet another Canadian firm – Exchange Income Corp. More »
FILE PHOTO – The entry to the Home Capital Group’s headquarters is seen at an office tower in the financial district of Toronto, Ontario, Canada on May 1, 2017. Picture taken using a wide angle lens. REUTERS/Chris Helgren/File Photo Warren Buffett’s Berkshire ... More »
A.M. Best Co affirmed its financial strength rating on American International Group Inc on Tuesday, lifting some uncertainty over the New York-based insurer’s ability to meet its long-term debt obligations, which had unsettled some investors. More »
File photo: David Einhorn, founder and president of Greenlight Capital, speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Bayliss More »
FILE PHOTO – An Apple iPhone 7 and the company logo are seen in this illustration picture taken in Bordeaux, France on February 1, 2017. REUTERS/Regis Duvignau/File Photo Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) is sitting on more than $1.6 billion of ... More »
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles before speaking with Bill Gates (not pictured), at Columbia University in New York, U.S., January 27, 2017. REUTERS/Shannon Stapleton Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) was an aggress... More »
The AIG logo is seen at its building in New York’s financial district March 19, 2015. REUTERS/Brendan McDermid American International Group Inc (AIG.N), the largest commercial insurer in the United States and Canada, reported a bigger-than-expected quarterly l... More »
The Coca-Cola Company President and Chief Operating Officer James Quincey delivers a speech during a presentation in Paris, France, January 19, 2016. REUTERS/Benoit Tessier Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next y... More »
Wells Fargo CEO John Stumpf testifies before the House Financial Services Committee on Capitol Hill in Washington, DC, U.S. September 29, 2016. REUTERS/Gary Cameron U.S. lawmakers called on Thursday for Wells Fargo & Co chief John Stumpf to resign and a top Ho... More »
NEW YORK/BOSTON (Reuters) – Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman’s Pershing Square and Jeffrey Ub... More »
