Sentences with phrase «large shareholder base»

But in these cases, the funds have such a large shareholder base, good performance and low fees that we felt compelled to include them.
Some investors feel that this overweighting toward the larger companies gives a distorted view of the market, but the fact that the largest companies also have the largest shareholder bases makes the case for having the higher relevancy in the index.

Not exact matches

Kingsgate Consolidated is to become the largest shareholder in gold and base metals explorer Caravel Minerals after agreeing to sell a package of exploration tenements for a loss of $ 15 million.
He likened the Cirque to other respected Quebec - based companies like Alimentation Couche - Tard, Molson Coors, Bombardier and Garda that have large U.S. shareholders.
Smurfit Kappa, Europe's largest producer of paper - based packaging, said on Tuesday that under the proposal its shareholders would receive a combination of cash and a minority holding in the combined business.
Subiaco - based gold producer Northern Star Resources will become Alchemy Resources» largest shareholder by purchasing the company's Hermes deposit in the Bryah Basin for $ 1.45 million.
Kresta Holdings» major shareholder, China - based Aplus, has outlined plans to acquire the Malaga - based company just six months after buying a large interest in the group.
Two weeks earlier, he had gotten a call from the company's largest shareholder, Texas - based fund manager US Global Investors Inc., warning that a broker at another firm had received an anonymous call, saying Muddy Waters was about to publish a report on Silvercorp and US Global should dump its stock.
Keep in mind that Ackman is the guy who successfully pushed for changes at J.C. Penney after becoming the Texas - based retailer's largest shareholder last year.
The pressure on Tribune's controlling shareholder, Chicago - based entrepreneur Michael Ferro, increased after the company's second - largest shareholder — investment fund Oaktree Capital Management — sent a letter to the company's board advising it to «engage Gannett immediately» about the takeover bid, calling it «the only possible conclusion consistent with your fiduciary duty.»
Billionaire Christo Wiese, Steinhoff's largest shareholder and chairman, will take over in an executive capacity on an interim basis, the group said Tuesday.
In 2006, Canica became the largest shareholder of Orkla, a Norway - based industrial conglomerate.
Per the Journal, Elliott's investment is about 2 percent of EMC's total equity value of $ 55 billion and would make Elliott the fifth largest shareholder in the Hopkinton, Mass. — based company.
The largest shareholder of The Men's Wearhouse Inc. is once again calling for the retailer to resume merger talks with Hampstead - based Jos. A. Bank Clothiers Inc. and hired a strategic adviser to help the effort.Eminence Capital LLC, which owns 9.8...
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.
Furthermore, the rules governing companies listed on the NYSE and incorporated under Delaware law require us to submit certain matters to a vote of shareholders for approval, such as mergers, large share issuances or similar transactions, and the approval of equity - based compensation plans.
The San Francisco - based company reported financials to shareholders as part of a formal bid Tuesday night from a SoftBank Group Corp. - led consortium looking to buy a large block of stock.
Exxon Corp, the largest repurchaser of shares over the past decade, has rejected shareholder proposals that it add three - year targets based on shareholder return to its compensation program.
Soon - Shiong's Nant Capital, a California - based technology firm, became Tronc's second - largest shareholder in June 2016 and that investment helped Tronc fend off a hostile takeover bid from Gannett, whose last offer was $ 864 million for the company.
Tribune Publishing also announced it received a $ 70.5 million investment from Nant Capital in a deal that makes the California - based technology investment firm the company's second - largest shareholder, edging past the 4.695 million shares owned by Oaktree Capital Management, which has pushed Tribune Publishing to negotiate a sale to Gannett.
The second - largest corporate acquisition in history produced the biggest single return ever recorded in such a takeover — $ 84 billion to Vodafone shareholders — when Verizon acquired the US assets of UK - based Vodafone.
Michael Cuggino, president and portfolio manager at San Francisco - based Permanent Portfolio of Family Of Funds, which is the fifth largest voting shareholder in Viacom and CBS, applauded Dauman's appointment, and was willing to give him time to improve the company's performance.
Oaktree Capital Management, a Los Angeles - based investment firm, is the second - largest shareholder, at 14.8 percent.
James Gilbert, the president and largest shareholder of Malibu, California - based Crypto Co., held a $ 1.1 billion stake Thursday after its stock surged...
Two days after Gannett upped its all - cash offer to acquire Tribune Publishing to $ 864 million, the Chicago - based newspaper company's second - largest shareholder has delivered an unequivocal message: Negotiate a transaction.
The Eagle Boy's largest shareholder is Brisbane - based private equity firm NBC Capital, which acquired an 85 per cent stake in the company from founder Tom Potter in 2007.
RiceBran Technologies (NASDAQ: RIBT and RIBTW)(the «Company»), a global leader in the production and marketing of value added products derived from rice bran, today announced that, based on preliminary noncumulative voting results reported by the independent inspector of elections (the «Inspector») following the Company's 2016 Annual Meeting of Shareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «BoShareholders (the «Annual Meeting»), a large majority of shareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Boshareholders have voted on the WHITE proxy card for the Company's incumbent Board of Directors (the «Board»).
October 27 — Arsenal's annual general meeting — an almost pointless gathering of shareholders as the two largest (Stan Kroenke and Alisher Usmanov) control 97 % of the shares — was a stormy reflection of the relationship between the club and its London - based support.
In this environment, large public companies almost inevitably appear as hierarchies based on the absolute power of the Board of Directors, driven by the ethos of short - term gain for executives and corporate shareholders.
Government ethics experts and a senior New York Democrat question whether Rep. Chris Collins — by far the largest shareholder in an Australian - based biotech company called Innate Immunotherapeutics — and Georgia Rep. Tom Price, Trump's health secretary nominee, bought stock in the company last year based on inside information and made a lot of moneys a result.
Beyond its use as a tool against large financial institutions, Schneiderman has used the act as a basis for a probe into ExxonMobil, arguing that its alleged failure to disclose to its shareholders and the public research that showed the potential impact of climate change constituted a Martin Act violation.
Since last January, the Little Rock - based investment firm Stephens Group Inc., Huntingdon's largest shareholder, has been the target of activists, and Huntingdon's New Jersey lab has been the scene of protests, vandalism, and, in April, a nighttime raid that «liberated» 14 beagles.
One minute he institutes a dividend policy that is at first based on a market value yield, until his largest shareholder rightly suggests on a conference call that a more logical basis would be book value, to which he agrees, only to subsequently update the policy based on market value (again).
One of the most vocal shareholders was Marathon Partners, L.P., a New York City - based investment partnership founded by Mario Cibelli, the largest outside shareholder of the Company.
I'm not sure this is the best solution and I'm a bit worried that management may decide they need a larger sandbox to play in, i.e. larger capital base, which could mean dilution for existing shareholders.
The changes will be most acute at companies with large mom - and - pop shareholder bases.
But Martha Stewart Omnimedia's largest shareholder — that would be Martha Stewart, who according to this NY Post article stands to make $ 167 million on the deal based on her stock holdings — seems to have made out fine, judging by filings made by both Sequential and Martha Stewart Omnimedia over the past 24 hours.
Accounting malfeasance (such as Bernie Madoff) is harder, or impossible, if a large transfer of cash is going to shareholders on a regular basis.
And accounting malfeasance is harder, sometimes impossible, if a large transfer of cash is going to shareholders on a regular basis.
MUNICH — Air Berlin, Germany's second largest airline, said it filed for bankruptcy protection after its largest shareholder, Abu Dhabi - based Etihad, said...
Wesfarmers is one of Australia's largest private sector employers with around 220,000 employees and has a shareholder base of approximately 530,000.
Oct 23, 2017) highlights the importance of educating the court on what you think is the most streamlined, cost - effective approach to discovery.OverviewWhile the Court of Federal Claims doesn't often deal with large document e-discovery issues, but in this case, shareholders sued the government on a Fifth Amendment claim for regulatory taking based on the denial of stock dividends.
Crédit Agricole is the lead bank of the Crédit Agricole Group, which is France's largest banking group and one of the largest in the world based on shareholders» equity.
Here's an admittedly very rudimentary model: Facebook would pre-mine a large pool of tokens, distributing a significant number to shareholders and holding the rest in reserve to distribute to users based on some reliable metric of the traffic their original content generates.
This has attracted a diverse shareholder base, including the likes of Africa's largest pension fund, the Public Investment Corporation (PIC), who currently holds 25.87 % of the company.
Speculation that Chesapeake, Virginia - based Dollar Tree would prevail increased last week when Institutional Shareholder Services Inc., an influential proxy adviser for large investors, recommended accepting the offer because of its «near certainty» of closing.
On July 24, Wet Seal executives announced they've received letters from The Clinton Group, a New York City - based private equity firm that is one of its largest shareholder, urging them to sell the company.
This transaction will institutionalize the notion of durable, defensive dividends for our shareholders by allowing them to become owners on a very favorable basis of the largest, and, I believe, now the best, publicly - traded net lease real estate company, period.
In its recently released annual report to shareholders, Indianapolis - based Simon Properties Group Inc., the nation's largest publicly traded retail real estate company and the largest owner of retail shopping centers, boasted of its achievement by stating that its MALLPeRKS affinity marketing service is the country's largest frequent - shopper program.
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