Free Republic 4th Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $72,301
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Keyword: shareholders

Brevity: Headers | « Text »
  • Shareholder: CNN Acting Like Part Of ‘Anti-Trump Resistance’

    06/17/2017 10:19:41 AM PDT · by blam · 18 replies
    Breitbart ^ | 6-17-2017 | Tony Lee
    A Time Warner shareholder accused CNN of acting like it was the part the “resistance” movement against President Donald Trump. “I’m inquiring about CNN’s bias and our return on investment,” shareholder David Almasi reportedly told Time Warner CEO Jeff Bewkes during Thursday’s annual shareholders meeting. “Half the American public—which includes potential and current CNN viewers—voted for Trump last November and supports his agenda. CNN acts as if it is part of the anti-Trump resistance.” According to the Hollywood Reporter, “about half of the 300 people” at the annual shareholders meeting “applauded” Almasi while “several others later approached” him to “thank...
  • Shareholders Outraged At BP, Shell CEO Pay Packages

    05/23/2016 11:52:14 AM PDT · by bananaman22 · 5 replies ^ | 21-05-2016 | ANgry Bird
    The massive revolt against the pay of BP’s chief executive, Bob Dudley, where almost 60 percent of the shareholders rejected the £14m (US$20 million) pay package is a stern warning to oil companies that investors aren’t pleased with the gaping disconnect between performance and pay structure. Similarly, Royal Dutch Shell CEO Ben Van Beurden’s 2015 pay package, including pension and tax equalization of 5.576 million euros (US$6.1 million), is likely to face resistance from shareholders as two shareholder-advisory firms have urged them to oppose the CEO’s pay.
  • BP Shareholders Revolt Over CEO’s Salary

    04/11/2016 11:16:34 AM PDT · by bananaman22 · 3 replies ^ | 11-04-2016 | Mootje uit Kraaienest
    BP is facing a revolt from its shareholders over the salary of its CEO Bob Dudley. Dudley’s salary jumped 20 percent in 2015 to $19.6 million, the same year in which BP reported a record loss of $6.4 billion and laid off more than 5,000 workers. His rising salary has been met with opposition from shareholders because it is not only unseemly, but also because the raise is not connected to the company’s negative performance. "We consider the pay of the CEO to be simply too high, and particularly so in a year when the company suffered a record loss...
  • HSBC To Fire 50,000, One In Five Jobs, To Fund Dividends To Shareholders

    06/09/2015 6:53:21 AM PDT · by SeekAndFind · 11 replies
    Zero Hedge ^ | 06/09/2015 | Tyler Durden
    Just days after JPMorgan revealed it would fire another 5,000 by the end of the year in a "scalpel" headcount reduction, overnight the world's favorite drug money laundering bank HSBC unleashed the "machete" and announced it would cut almost 50,000 workers, or one in five bankers, a move which would shrink the investment bank division by one-third. The reason: the same why US corporations are laying off tens of thousands so they can fund record stock buybacks and enrich their shareholders - to boost profits so that more money can be channeled in the form of dividends. According to...
  • Obama speaks, shareholders weep

    10/03/2011 5:12:05 PM PDT · by Nachum · 20 replies
    Daily Caller ^ | 10/3/11 | Neil Munro
    Banks should accept a lower profit so their customers won’t have to pay for debit cards, President Barack Obama told an ABC reporter today, when asked about Bank of America’s decision to charge its customers $5 per month for use of its debit cards. Before Obama’s interview, the bank was already facing financial difficulties. Bank of America’s stock was trading at $10 per share in mid-July. Today, as the president joined Democratic politicians in complaining about the bank’s decision, its stock fell from $6.10 per share this morning to $5.60 by the end of the interview.
  • In rare letter to shareholders, Goldman denies double-dealing

    04/07/2010 12:15:23 PM PDT · by NormsRevenge · 6 replies · 296+ views
    McClatchy on Yahoo ^ | 4/7/10 | Greg Gordon
    WASHINGTON — Goldman Sachs' top officers denied in a letter to shareholders made public Wednesday that the company bet against investors who bought its subprime mortgage securities in 2006 and 2007 as the firm readied itself for a sharp drop in the U.S. housing market. The eight-page letter opening the firm's 2009 annual report comes as the world's most prestigious investment bank seeks to rebuild its image in the face of negative publicity over executive bonuses and two federal investigations into its subprime dealings. Goldman "did not generate enormous net revenues or profits by betting against residential mortgage-related products, as...
  • Toyota sued in California by U.S. shareholders

    02/08/2010 8:54:34 PM PST · by NormsRevenge · 13 replies · 572+ views
    Reuters on Yahoo ^ | 2/8/10 | Steve Gorman
    LOS ANGELES (Reuters) – Toyota faced its first U.S. class-action lawsuits stemming from complaints of faulty brakes in its top-selling Prius hybrid car and from investors claiming they were misled about problems with unintended acceleration in a wide range of models. Litigation mounted as the Japanese automaker prepared to follow global recalls of some 8 million vehicles for repairs to ill-fitting floor mats and sticking gas pedals with yet another recall to deal with braking problems in the new Prius model. A class-action suit filed on Monday on behalf of U.S. shareholders accuses Toyota Motor Corp of issuing "materially false...
  • Big Oil Bites Back

    05/28/2009 9:18:49 PM PDT · by Kaslin · 12 replies · 1,764+ views
    IBD Editorial ^ | May 28, 2009
    Companies: After an all-out war on oil companies from the left in recent years, it bodes well for the future to see Big Oil now recognizing the attack it's under and its duty to fight back. Witness Chevron and Exxon Mobil.Shareholder meetings can be pro forma affairs, but not for major oil companies, which have become a lightning rod for the anti-corporate sentiment gaining traction in U.S. political life since around 2006. Wednesday, Chevron was descended upon by a zoo-full of San Francisco leftists pushing rain forest sentimentalism, Burma, and other pet causes dear to the no-soap crowd. They journeyed...
  • Jobs Not Expected At Apple Shareholders Meeting

    02/23/2009 5:54:07 PM PST · by dayglored · 29 replies · 547+ views
    Information Week ^ | 2/23/2009 | Antone Gonsalves
    Apple chief executive Steve Jobs, who has taken a six-month medical leave from the company, will not attend Apple's shareholder meeting scheduled for this week, it was reported Monday. Jobs' absence will mark the first time the company's co-founder has not attended the annual meeting in more than a decade, business news agency Bloomberg reported. Jobs is on medical leave until June. Apple was not immediately available for comment. Jobs' absence from the Feb. 25 meeting is likely to highlight the importance of having a succession plan in place for the iconic CEO whose vision and strategy is seen as...
  • Plunging necklines blamed for plunging sales by female M&S shareholders (Marks and Spencer in UK)

    07/09/2008 1:36:49 PM PDT · by Stoat · 80 replies · 1,122+ views
    Plunging necklines blamed for plunging sales by female M&S shareholders Last updated at 19:42pm on 09.07.08  Plunging necklines have been blamed for plunging sales as Marks & Spencer chiefs today came under fire from lady shareholders.Executives faced complaints from some that its fashions are too young, offering too much cleavage for its loyal older customers.Investors have been getting worried because the value of M&S shares has slumped in recent days after the iconic high street chain revealed a fall in sales.And today at the company's AGM at London's Royal Festival Hall, shareholders lined up to offer a diagnosis of...
  • JP Morgan: We want to pay more for Bear Stearns ($10/share vs. $2/share)

    03/24/2008 6:42:43 AM PDT · by jdm · 33 replies · 696+ views
    Hot Air ^ | March 24, 2008 | by Ed Morrissey
    The weirdness on Wall Street continues. The world’s greatest fire sale has turned into something of a fiasco for JP Morgan, who thought they had Bear Stearns wrapped up in a bow by the Fed at $2 per share. However, the deal has started unraveling thanks to angry BSC shareholders, and JPM now has quintupled its offer to $10 per share: The sweetened offer is intended to win over stockholders who vowed to fight the original fire-sale deal, struck only a week ago at the behest of the Federal Reserve and Treasury Department.Under the terms being discussed, JPMorgan would pay...
  • Shareholder to Disney: Sell me the rights to “Path to 9/11″ so I can put it on DVD

    03/22/2008 4:36:47 PM PDT · by jdm · 14 replies · 881+ views
    Hot Air ^ | March 22, 2008 | Allahpundit
    The uproar over this has been lost in the shuffle of a thousand other outrages since, which is too bad: Threatening Disney’s broadcast license for airing it really was one of the Democrats’ filthiest moments of the past two years, of a piece with every Fairness-type speech-squashing rumble that rolls through their side from time to time. The debate’s since moved on to the curious fact that Disney has yet to issue PT9/11 on DVD, despite the fact that it cost $40 million to make and aired without commercials. Granted, the ratings were disappointing, but Disney should want to recoup...
  • Activist Fund Seeks Ban On 'Nuisance Shareholders'

    02/26/2008 12:17:26 PM PST · by BGHater · 8 replies · 122+ views
    DOW JONES NEWSWIRES ^ | 22 Feb 2008 | Judith Burns
    WASHINGTON -(Dow Jones)- A tiny free-enterprise fund wants Exxon Mobil Corp. (XOM) and Charles Schwab & Co. (SCH) shareholders to consider banning advisory proposals favored by activist stockholders it views as a nuisance. Advisory or "precatory" proposals aren't binding on companies, but they are a popular vehicle for shareholders to express their views on issues from climate change to executive compensation. The Free Enterprise Action Fund (FEAOX), based in Bethesda, Md., is seeking to close off that option and has filed proposals with Exxon Mobil and Schwab targeting what it calls "nuisance shareholders." Specifically, the fund wants shareholders at both...
  • For whom the toll bills

    09/12/2007 7:09:24 PM PDT · by Tolerance Sucks Rocks · 13 replies · 537+ views
    Houston Chronicle ^ | September 11, 2007 | Rick Casey
    With all the madness in the world, I meditated Tuesday on two matters of great gratitude. One is that through vigilance and good fortune we have, so far, gone six years without another major attack on U.S. soil. The other is that I wasn't one of the Texas officials who was forced to attend a workshop in Austin in which PR flacks would try (under a $20,000 contract) to teach me techniques for selling Gov. Perry's massive toll road boondoggle. It was a small part of a $7 million to $9 million campaign that will include feel-good ads pushing Perry's...
  • A Raw Milk Raid Leads to a Special Thanksgiving

    11/22/2006 10:59:58 PM PST · by davidgumpert · 33 replies · 1,915+ views ^ | 11/22/06 | David Gumpert
    The story of how Gelhaus and her family came to spend this holiday working and frolicking on a farm isn't about charity, but rather about how a seemingly straightforward business investment turned into a legal crisis—and then evolved into something much bigger, something involving community and caring. Because the legal part wasn't resolved until earlier this month, Gelhaus and others involved in the story didn't want to talk about it until now.
  • Newspaper Circulation Declines 2.6 Percent

    05/08/2006 7:51:09 AM PDT · by george76 · 77 replies · 1,360+ views
    AP...BREITBART ^ | May 08 | SETH SUTEL
    Newspaper circulation fell 2.6 percent in the six-month period ending in March, according to data released Monday, as the industry continued to struggle with competition from other media outlets and the Internet. The decline in average paid weekday circulation was about the same as the previous time newspapers reported six-month circulation figures for the period ending last September, according to the Newspaper Association of America, a trade group. The NAA reported that average paid circulation at Sunday newspapers fell 3.1 percent versus the same period a year ago, also a comparable decline with the last time circulation figures were reported....
  • Corrections: For the Record

    04/21/2006 8:45:47 PM PDT · by george76 · 5 replies · 571+ views
    New York Times ^ | April 21, 2006 | Corrections
    An article in Business Day on Wednesday about investors in The New York Times Company who withheld their votes for directors misspelled the name of the family that has controlled the company since 1896. It is Ochs-Sulzberger, not Ochs-Sulzburger.
  • Pinch Gets Punched

    04/21/2006 7:31:36 AM PDT · by Kitten Festival · 20 replies · 1,384+ views
    The American Thinker ^ | 4 21 06 | Thomas Lifson
    Arthur Ochs “Pinch” Sulzberger, Jr., the scion of a family dynasty founded by his great grandfather, is well into the process of destroying the patrimony handed to him on a silver platter. Even worse, the whole world is starting to notice, something which will make other family members distinctly unhappy. And because the family controls the election of a majority of the board of directors of the New York Times Company, despite owning a tiny fraction of the actual equity (thanks to a two class system of shares), this unhappiness could affect Pinch’s tenure in office. No less an authority...
  • Kraft Foods' 2006 Annual Meeting - Shareholder Proposal regarding Chicago's "Gay Games"

    04/11/2006 10:40:29 AM PDT · by MplsSteve · 30 replies · 2,978+ views
    Kraft Foods 2006 Proxy Statement ^ | 4/11/06 | Shareholder Proposal
    STOCKHOLDER PROPOSAL DISSOCIATION FROM THE 2006 AND ALL FUTURE SO-CALLED "GAY GAMES" Marcella V. Meyer, M.D., M.P.H, 10416 South Bell Avenue, Chicago, IL, 60043, claiming beneficial ownership of 200 shares of common stock, submitted the proposal set forth below. RESOLVED: That in the best interest of our company Kraft Foods Inc. as well as in the public interest, Kraft Foods does hereby disassociate itself from the 2006 and all future so-called "gay games", and that no future financial support be given for the 2006 "gay games" or any other future activities supporting, proselytizing, promoting or encouraging homosexual activity or life...
  • WSJ: Bush Picks May Tip Court Against McCain-Feingold - Campaign Finance Reform & Free Speech

    09/28/2005 5:42:31 AM PDT · by OESY · 7 replies · 712+ views
    Wall Street Journal ^ | September 28, 2005 | JESS BRAVIN
    ...[T]he Supreme Court agreed to hear campaign-finance and tax cases whose outcome could hinge on the candidate filling the court's second vacancy.... Campaign-finance cases have revealed a philosophical split on the court, with more conservative justices, such as Antonin Scalia, considering political expenditures the functional equivalent of speech, and thus beyond state restriction. More liberal justices, such as Stephen Breyer, have viewed such regulations as lawful means to fight political corruption and keep moneyed interests from drowning out other voices. One of the political cases challenges a provision of the McCain-Feingold law that prohibits corporations from direct expenditures on electioneering...