Sentences with phrase «from shareholder interests»

Not exact matches

Shareholders» equity of $ 22.979 billion decreased 3 % from year - end 2017 due to the impact of higher interest rates on net unrealized investment gains.
The equity component is typically restricted or deferred until the director retires from the board, thus postponing taxes and enabling the director to amass a portion of equity in the company to align his or her interests with shareholders (it is believed).
However, investors will be interested in any comments from Oracle on a recent lawsuit from shareholders alleging questionable accounting practices related to the company's growing cloud business.
When interests between management and shareholders become adverse, even through the regular course of events, it's important for boards to have their own set of lawyers who are independent from management and seen as objective and willing to act in the interest of directors, not management, and ultimately shareholders.
«We appreciate the strong interest from investors and the confidence our new shareholders have shown in our company,» says founder and CEO François - Xavier Souvay.
The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.
Please see the ratings disclosure page on www.moodys.com for information on (A) MCO's major shareholders (above 5 %) and for (B) further information regarding certain affiliations that may exist between directors of MCO and rated entities as well as (C) the names of entities that hold ratings from MIS that have also publicly reported to the SEC an ownership interest in MCO of more than 5 %.
If you are in doubt as to whether you have a conflict, you must disclose and can not influence or take part in a decision, transaction, arrangement or otherwise in which you can be perceived to have an interest, direct or indirect; can not be seen to be impartial from an outsider point of view; or receive a benefit not shared by other shareholders.
It's money they get from selling shares in the company, shares granted to them as part of an effort to align their interests with the interests of shareholders.
ISS is expected to publish its view on whether Michael Dell's offer, which is backed by equity financing from buyout firm Silver Lake, is in the interest of Dell's shareholders as early as next week.
ASIC executive director policy and markets regulation Malcolm Rodgers said the commission examined related party documents because it was vital shareholders had full and accurate information before they approved transactions where directors might have a conflict of interest from a commercial perspective.
Chapter 3 discusses how conflicts of interest between bank managers, shareholders, and debt holders can lead to excessive bank risk taking from society's point of view.
«We share the belief of our counterparts at 21st Century Fox that extending his tenure is in the best interests of our company and our shareholders, and will be critical to Disney's ability to effectively drive long - term value from this extraordinary acquisition.»
Weighing shareholders» expressed preferences against its fiduciary duty to act in the long - term best interest of the Company, the Committee recommended, and the Board has concluded, that the continuity and quality of leadership that results from a classified board contributes to long - term shareholder value and is in the best interests of the Company and its shareholders.
Yet the area is one that has attracted interest from Russia's private sector as well, including its central securities depository which began testing blockchain proxy voting - allowing shareholders to issue votes on corporate decisions - last year.
This changed their interest from managing your board for their liquidity to managing the board for all shareholders.
You can gauge the interest in responsible investing simply from the increase in shareholder proposals being filed about ESG issues and the exponential growth in the number of questions being asked by institutional investors, researchers and clients - and as a CEO, I have to make trade offs that may not be in the best short term profit interest of the Bank but are viewed in our best long term interest.
Management Buyout - Management Buyout is when the managers and administrators of a corporation buy the controlling interest in a company from an existing shareholder.
Cigna believes a merger with Anthem would create a health insurance powerhouse, but the Connecticut - based insurer is still rejecting a $ 53.8 billion takeover bid from its larger rival, saying the offer is not in the best interest of shareholders.
Just as freedom from accountability has a tendency to make shareholders indifferent to broader and longer - term considerations, so agency theory's recommended alignment between managers» interests and those of shareholders can skew the perspective of the entire organization.
While we would like to see some of the non-GAAP metrics removed from short - term incentive pay, the large focus on ROIC is the best way to align the interests of executives with the interests of shareholders.
DDR Corp says operating funds from operations attributable to common shareholders was $ 108.8 million, or $ 0.30 per diluted share for Q2.DDR Corp sees 2017 expected interest income of $ 26 million to $ 29 million.Q2 earnings per share view $ 0.00 — Thomson Reuters I / B / E / S.Q2 FFO per share view $ 0.28 — Thomson Reuters I / B / E / S.Expected annual growth in same store net operating income range for co's total portfolio is loss of 1.5 % to growth of 0.0 %.
To further complicate matters, Sportswear Holdings, the largest shareholder, decided to sell its remaining 6 % interest in KORS, while two members (from Sportswear) resigned from the company's board.
It looks like the company can count on support from Elliott, but it will be interesting to see how other shareholders react to the all - new, all - different board.
Others understand the beneficiary of directors» and officers» fiduciary duties to be the corporation itself (as distinct from the corporation's shareholders) and see this as underwriting the stakeholder view of the corporation — the idea that the corporation should be managed in the interests of all of its stakeholders.
Here is the answer, and it is as dumb and shareholder - unfriendly as you could want: «Maryland law prohibits companies from doing mergers with so - called «interested stockholders» for a period of five years,» and an «interested stockholder» is anyone who, along with its «affiliates or associates,» owns more than 10 percent of the company's stock.
Compared to last quarter, net income available to common shareholders increased 8 % ($ 3.7 million) as positive contributions from $ 9.3 million higher net insurance revenues, 2 % quarterly loan growth and a stable net interest margin were partially offset by a $ 4.7 million decline in net gains on securities and a $ 2.5 million reduction in the «other» component of other income.
Customers and shareholders were benefiting from new products developed by Allianz Life in response to a very low interest rate environment, said CFO Dieter Wemmer in a conference call with analysts.
Mason's principal and co-founder Michael Martino responded: «Mason will vigorously oppose Telus» latest attempt to take value from voting shareholders and transfer it to the non-voting shareholders, including Telus» board of directors and company executives, whose personal economic interests are tied to the non-voting stock.»
We subtract the fair value of the minority interest liability from shareholder value in our DCF model as the minority interest shareholders have the rights to that portion of the cash flows.
The committee, Gold Anti-Trust Action (GATA), will solicit support from mining companies, their shareholders, political figures, and people with a philosophical interest in sustaining gold's traditional monetary function, according to the committee's chairman, Bill Murphy.
In an effort to align manager's interests with shareholders, CEO compensation has shifted over time from cash salary and bonus to a mix with stock and options with vesting schedules where stock and options are now 55.6 % of the compensation1, with Earnings per Share (EPS) as one of the targets for vesting stock or options.
The recent quarter has certainly demonstrated just how dangerous the world can be, and shareholders have expressed interest in the portfolio effects from these events.
Consumption by the shareholder groups, those who live completely or partially from financial revenues - interest from bonds or dividends from shares - can support demand and economic activity in the United States or in some other «shareholder countries», the source - countries for massive capital investments.
Aussie Farmers abandoned IPO plans in mid-to-late November after failing to generate enough interest from investors, who were no doubt spooked by the fact the company had racked up losses of more than $ 52 million pre-tax since 2015 and could only keep trading with the support of its major shareholders.
The problem with us is that we have sold our soul the moment the main shareholders from the past sold their shares to an american leech who has no interest in the club other then earning money.
The committee of Coal & Allied directors formed to consider the initial proposal from Rio Tinto unanimously recommends that Coal & Allied shareholders vote in favour of the proposed Scheme, subject to an independent expert concluding that the Scheme is in the best interests of Coal & Allied minority shareholders and there being no superior proposal.
Fund screeners, especially fee - based ones, often let you select from additional categories such as analyst ratings, risk / volatility, stewardship of shareholder interest, insider investing, tax efficiency, comparison to indexes, and more.
Should the Board have any question that the plan outlined above is in the best interests of shareholders, and that any attempts to pursue an alternative course of action would be over the objection of your stockholders, then we urge you to call a Special Meeting to allow the shareholders to reinforce our own conclusions and those suggested in correspondence from shareholders representing 65 % of NTI stock.
Their hope is that you'll take on more debt throughout the year, and therefore pay more interest from late payments, generating extra revenue that increases the bank's bottom line — a plus for shareholders, but not necessarily for bank customers.
Since interest income from U.S. Treasury obligations is often exempt from state and local taxation, this could translate into a state tax break for shareholders.
Proxies shall be voted in the best interests of shareholders, with an emphasis on voting against any management proposals that act in general to insulate companies from the discipline of the market or accountability to shareholders.
This is an interesting quote from Buffett from his 2004 shareholder letter, describing how important it is to know the one or two variables that really matter to an investment.
As required by law, funds that have net gains from the sale of securities or earn dividends and interest from securities they hold must pass the largest possible portion of those earnings on to its shareholders or those gains will be subject to corporate income taxes and excise taxes.
The Board of directors of Sparinvest SICAV has decided to close for subscriptions in the sub-fund Sparinvest - Value Bonds 2019 - 50/50 from 1 July 2016 in order to protect the interest of the existing shareholders.
The Fund's Chief Compliance Officer, or a Compliance Manager designated by the Chief Compliance Officer, may also grant exceptions to permit additional disclosure of Fund portfolio holdings information at differing times and with different lag times (the period from the date of the information to the date the information is made available), if any, in instances where the Fund has legitimate business purposes for doing so, it is in the best interests of shareholders, and the recipients are subject to a duty of confidentiality, including a duty not to trade on the nonpublic information and are required to execute an agreement to that effect.
On a scale from 1 to 10 I give the stock an 8: buying a dollar for 54 cents is always fun and management interests are not terrible misaligned with shareholder interests.
When deemed by the adviser to be in the best interest of the fund and its shareholders, other portfolio positions may be excluded from the Basket.
We recently received an interesting and honest question from one of our shareholders in Strategic Growth Fund.
Mutual funds are required by law to pass on any income they receive — whether it's interest from a bond or dividends from a stock — to shareholders in the form of a dividend distribution.
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