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Walt Disney will hold its annual shareholder meeting in Burbank, Calif., on Wednesday at 1 p.m. ET. Usually a sleepy affair, this year’s meeting comes amid a high-profile proxy battle between the company and activist investor Nelson Peltz’s Trian Partners. Disney looks set to win the battle, but the stock is dropping anyway. Disney was ahead in the still-underway voting on Tuesday with more than half of the votes counted, according to a Wall Street Journal report citing people familiar with the matter. Shareholders can still change their votes until the annual meeting closes. Trian is agitating for changes at...

WASHINGTON, D.C. – Today, America First Legal (AFL), on behalf of its client, the National Center for Public Policy Research (NCPPR), served the Target Corporation with a formal demand for the production of corporate books and records, seeking transparency regarding its management’s radical LGBT political agenda that has apparently cost the corporation over $12 billion in market valuation since mid-May 2023. NCPPR is a Target shareholder.

Former Trump presidential adviser Stephen Miller’s America First Legal formally demanded that Target be transparent in the midst of backlash against the big box chain for its decision to sell “pride”-related items for children. The group, working on behalf of the National Center for Public Policy Research (NCPPR), served Target Corporation with a “formal demand for the production of corporate books and records” about its alleged support for a “radical LGBT political agenda” that has reported cost the company billions in market valuation since the middle of last month, according to a news release issued Tuesday. Because the NCPPR is...

Back in the old days — oh, before, say, 2021 — the annual general meetings of company shareholders were boring. Questions asked of management more or less uniformly oriented toward the financial condition of the firm and the variables affecting the values of the shareholders’ stakes. How is the firm dealing with exchange rate risk? Are any major assets of the firm underperforming, and what does management propose to do about it? Why are costs rising faster than revenues? How does management justify its ever-bigger bonuses, other than declining golf handicaps? After all, companies are supposed to be in business...

Mention of Bill Gates and Jeffrey Epstein Prompts Cut Microphone and Removal From ArenaFalls Church, VA --News Direct-- National Legal & Policy CenterDuring the Berkshire Hathaway annual meeting on Saturday in Omaha, Peter Flaherty had his microphone cut, was arrested, and forcibly removed from the arena.Flaherty is the Chairman of the National Legal and Policy Center (NLPC), which was the sponsor of Proposal #8 to “require hereafter that two separate people hold the office of the Chairman and the office of the CEO.”In support of this resolution for an independent chair, Flaherty attempted to assert that Berkshire “would be less...

An activist shareholder is seeking to have climate change activist Al Gore removed from his long-standing position on Apple Inc.'s board of directors. Corporate ethics watchdog National Legal and Policy Center (NLPC) filed an exempt solicitation with the Securities and Exchange Commission (SEC) on Wednesday that urged fellow Apple shareholders to vote against Gore as a director nominee at the tech giant's annual meeting, which is slated for March 10, arguing that the former U.S. vice president is not qualified for the role and that "his political activism poses to Apple a reputational risk that is not worth his limited...

According to Alibaba Group’s 2021 annual report, Jack Ma, founder of the Chinese e-commerce giant, appears to no longer be a shareholder. Ma held more than 1 billion Alibaba shares in 2020.On July 27, the company announced it filed its annual report, on Form 20-F, for the fiscal year ending March 31, 2021, to the United States Securities and Exchange Commission.The 2021 annual report shows that the company’s founder, Jack Ma, is no longer listed as a shareholder. While Joseph Tsai, the executive vice-chairman, currently holds 306,883,064 common shares, accounting for 1.4 percent of shares, all directors and executives as...

Presumptive Democratic nominee Joe Biden, laying out his plans for an economic recovery Thursday, said President Donald Trump is too focused on the stock market during the coronavirus pandemic. The former vice president, speaking at an event in Pennsylvania, said he wanted to end the "era of shareholder capitalism." "Throughout this crisis, Donald Trump has been almost singularly focused on the stock market, the Dow and Nasdaq. Not you. Not your families," Biden said. "If I am fortunate enough to be elected president, I'll be laser-focused on working families, the middle-class families I came from here in Scranton. Not the...

Title only. Link given below as per posting rules on FR.

MUCH of the recent anger over bank bonuses has been focused on Goldman Sachs, which, according to results just published, accumulated a further $5.4 billion for its staff in the most recent quarter. Yet the one thing that can be said about Goldman is that if its employees are making hay partly on the back of an implicit public guarantee, so are shareholders. In the same quarter the bank generated an annualised return on equity of 21%. Not so for some of America’s other banks. There, the owners (and in theory the controllers) of the firms seem to have been...

Airtime: Fri. May 15 2009 | 오후 3 00 ET The US government is waging a war on Capitalism at the moment in the way that it is dealing with the financial crisis, Charles Ortel, MD of Newport Value Partners said. His examples of this include the pressuring of BofA CEO Lewis to lie ahead of the Merrill Lynch deal. Click the following link to see the vieo:http://www.cnbc.com/id/15840232?video=1124816599&play=1

Fortis halts investor meeting on shoe attack Adam Sage in Paris Shoes, coins and documents were thrown at executives of Fortis, the Belgian-Dutch financial group, today as angry shareholders sought to prevent the sale of its banking business to BNP Paribas, the French group. As hundreds of investors swarmed around the stage chanting "resign" at directors, the meeting was halted and board members retreated under the protection of 50 security guards. Discussions resumed 20 minutes later in an atmosphere reminiscent of football stadiums with investors booing and whistling Jozef De Mey, the chairman of Fortis Holding. Opponents of the sale...

GE's annual shareholder meeting will be held tomorrow (Weds) in Orlando. Caller on Glenn Beck show urges folks to sign letter to Jeffrey Immelt. Go to: http://GE.SignOurLetter.com to add your name to the letter (which I've reproduced below). Jeffery Immelt Chairman of the Board, Chief Executive Officer General Electric Company 3135 Easton Turnpike Fairfield, CT 06828 Dear Mr. Immelt, We surround you. I’m writing you to express my deep concern that under your leadership, GE’s business practices are undermining the principles of our free society. I’m outraged that GE sold infrastructure equipment to Iran – a country that is a...

WASHINGTON, April 20 -- The U.S. House of Representatives Friday approved a bill that would give stockholders a right to cast non-binding votes on the pay of top company executives. The "say on pay" bill, which passed 269-134, would also let shareholders vote on any executive "golden parachute" compensation negotiated as part of a purchase or sale of a company. After the vote, presidential hopeful Sen. Barack Obama, D-Ill., promised to introduce what an aide described as an "identical" bill in the Senate. The bill would give "shareholders the power to debate and fight back against exorbitant executive compensation," Obama...

While this new world of corporate governance/ lobbyists/ privatization of the commons etc; seems difficult to understand (disguised as it is with buzz words – and meaningless jibberish), it’s really not as complex as one might think. After you learn how to ignore the superficial banalities, and get to the meat (if there is any) of the message being given. Most times you’ll hear just fluff and nutter talk – sounds important but isn’t. While we naturally focus upon local issues and concerns such as community development, roads, tons of garbage, forest access, tourism, sportsmen’s rights, lack of snow, no...

Most political analysts would agree: The single most politically significant measure on the Special Election Ballot is Proposition 75, dubbed “Paycheck Protection” by its proponents. Proposition 77, the Redistricting Reform measure, is also a major reform. But without a change in the campaign funding paradigm (especially at the state legislative level), fair districts will not necessarily be competitive districts--Republicans are significantly outspent by the majority party. No, it is the major loss of political resources by public employee unions that would rock the foundations of the status-quo in Sacramento. Most political insiders, let alone members of the public, are unaware...

Gov. Arnold Schwarzenegger sent both his allies and his enemies into a frenzy Tuesday, a day after he vowed to support a union-backed effort that could take corporate money out of California politics. "If that's the governor's position, we respectfully disagree," said Sara Lee of the California Chamber of Commerce, which has spent more than $1.4 million to support the package of Schwarzenegger-backed initiatives on the Nov. 8 ballot. "We predict this will be his next broken promise," said Charles Idelson of the California Nurses Association, a leader in the fight against the governor's initiative efforts. The dispute swirls around...

New York Attorney General Eliot Spitzer has claimed credit for all kinds of improvements in corporate behavior -- better ethics, fewer "conflicts of interest" -- that are said to benefit shareholders. He's now getting a spirited rebuttal to those claims regarding his biggest target -- insurance giant AIG and its former CEO Hank Greenberg. It comes in the form of a white paper from Mr. Greenberg's legal team examining the charges of bad accounting at AIG on the ex-CEO's watch. We've seen a copy of the paper, which is now in the hands of regulators, and it makes a compelling...

Mirant Shares (MIRKQ) took off in morning trading on the eve of a hearing on the Shareholder Committee's proposal to have a meeting to determine the longevity of the Board of Directors and CEO. Volume is over 5 million shares traded with a price high of .49 this morning.

Bob Dole Slams Kerry By Andrew L. Jaffee, August 23, 2004 Home   Search   Forum   Terms Nothing has really changed for Democratic hopeful John Kerry, except that real war veterans, like Bob Dole, are questioning the “superficial wounds” and resulting “medals” he received during four (4) months service in Vietnam. Kerry is still flailing, trying to cover up a career punctuated by extreme left-wing politics and flip-flopping by talking to voters about his military service. He squandered his acceptance speech at the Democratic National Convention by trying to convince Americans that his tour of duty in Vietnam will make him a great commander...