Sentences with phrase «major shareholders of the company»

Similarly, Avigilon founder Fernandes's previous startup, QImaging, was snapped up by a large New York Stock Exchange??? listed conglomerate for $ 20 million in 2002, enabling him to become «the biggest and major shareholder of the company» this time around.
Massachusetts and Nevada regulators are already looking into the allegations and they could force Steve Wynn out as the operator and major shareholder of the company if they deem him unfit to hold a gaming license.
Although the films Alibaba Pictures Group has invested in like So Young (by actress - turned director Zhao Wei, who is also a major shareholder of the company) and Tiny Times (by popular writer Guo Jingming) have recorded remarkable box - office revenues, the company has yet to turn a profit, with a net loss of HK$ 443.54 million for the first half of last year.
Always check the major shareholders of any company that interests you.

Not exact matches

Xerox — CEO Jeff Jacobson and most of the company's board will step down as part of a settlement with major Xerox shareholders Carl Icahn and Darwin Deason.
Apple is now paying out more cash in the form of dividends to its shareholders than any other major publicly traded company in the U.S.
The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.
Perth - based explorer Image Resources has entered into an agreement for the purchase of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon company to emerge as a major shareholder.
GE said nine of the company's directors will stand for re-election including major shareholder Trian Fund Management's Edward Garden, who was appointed to GE's board in October.
The boards of some major US and Australian companies have responded to shareholder activism by becoming more active in their pursuit of best practice.
The Slaight family is sitting tight in 28th spot after the 2011 merger of satellite radio companies Sirius Canada and XM Canada into SiriusXM, of which Allan Slaight is a major shareholder.
Kresta Holdings chairman Peter Hatfull and major shareholder and former chairman Ian Trahar have lost their battle to retain control of the Malaga - based window furnishing company.
The growing opposition from major shareholders could be a big problem for Dell because in order for the company to go private, he needs the approval of the majority of shareholders, excluding his stake in the company.
The company said in a regulatory update on Monday that it is «seeking offers for the company» and says its major shareholder, JAB Luxury GmbH, is supportive of the process.
Xerox (XRX) CEO Jeff Jacobson and most of the company's board will step down as part of a settlement with major Xerox shareholders Carl Icahn and Darwin Deason.
CAPRICORN Resources Australia shareholders have approved a major restructuring of the company, including the acquisition of B2B.net.
For example, a conflict of interest may arise when a Senior Officer or Director is also an executive officer, a major shareholder or has a material interest in an organization doing business with the Company.
Several other major Uber shareholders, though, have been pressed to sell some of their position in the company by Uber's new CEO Dara Khosrowshahi.
Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil major BP and French luxury group Kering are considering setting up independent companies for some of their activities as a way to generate value for shareholders.
The author provides a full history and profile of Berkshire's major subsidiaries, as well as the company's Class A shareholders.
Part 2: Most major U.S. companies tie part of executive pay to earnings per share and other metrics to align the interests of management and shareholders.
More than 60 % of shareholders of one major energy company recently voted — against management's recommendation — in favor of the company reporting on its climate progress.
Since 2008, he's called practically every major shale play before the mainstream press got wind of them — including the now - famous Bakken oil formation and the companies that have raked in billions in profits for their shareholders.
Shares of Sears Holdings (SHLD) traded lower, after a major shareholder announced plans to leave the company's board of directors.
The Company is positioned to maximize shareholder value by fast - tracking Chinchillas to production and becoming a 25 % owner of the combined Chinchillas - Pirquitas silver mining operation, while continuing to explore for its fourth major discovery.
Highly - concentrated ownership has historically served to insulate major shareholders in Italian companies from minority actions, but the growing participation of foreign institutional investors is challenging the old structure.
In studies covering more than 1,200 major deals, researchers have consistently found that, at the time of announcement, shareholders of acquiring companies fare worse in stock transactions than they do in cash transactions.
The right of first refusal and co-sale («ROFR / Co-sale») work together to prevent a founder or major common shareholder for selling shares without the company and the investors being allowed to purchase the shares or participate in the sale of the shares.
Takeover target Godfreys has warned of soft trading over the past few weeks, which would have caused it to technically breach a covenant, it has already received a waiver from, in a lending agreement with the 99 - year - old major shareholder who launched a cash bid for the company two weeks ago.
In the wake of Tribune Publishing's blockbuster announcements that it has rejected a sweetened buyout offer from rival Gannett Co. and brought L.A. billionaire Patrick Soon - Shiong on board as an investor, one of the company's major shareholders is...
The showdown also marks the first time in recent memory shareholders of a major oil and gas company have been given a choice of directors between what the company wants and what the dissident group wants (it is pushing for four of its nominees to be voted to the board).
Each company has a major stake in the future of payments, and each has the potential to provide strong returns for shareholders in the coming years.
Igor Sechin, Rosneft's chief executive and a long - serving ally of Putin, said: «We welcome BP as the major shareholder of Rosneft, which will take part in shaping the company's strategy.
S.Kidman & Co managing director Greg Campbell and one of its major shareholders, Will Abel - Smith, have called for common sense in the sale of the giant pastoral company's holdings, saying the sale process is on and was never abandoned, despite complications including national politics, leaks from participants and misreporting by the media.
Major banks CBA and ANZ have urged the repeal of a law which allows activist investors, unions and environmental groups to pursue fringe causes by forcing companies to hold costly shareholder meetings.
Treasury chairman Paul Rayner told shareholders he believed the board had done the right thing in terminating talks with private equity bidders earlier this year, with «clear feedback» from almost every major shareholder that a price of $ 5.20 per share undervalued the company.
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.
Rob Woolley has stepped down as chairman of TasFoods, days after quitting the board of Bellamy's Australia, following threats by major shareholder Jan Cameron of another requisition, as their bitter months» long fight over control of organic baby formula maker spills over to the agricultural company.
This came after an exhaustive due diligence process where Kohlberg Kravis Roberts and junior partner Rhone Capital, and rival bidder TPG Capital, investigated the inner workings of the company but couldn't pay what the company's major institutional shareholders wanted.
«But the staff were led to believe that funds were made available from one of the company's major shareholders last year to keep production going.»
They are two different companies one with owners Kroenke — Usmanov (major shareholders) and whoever is the boss of Emirates.
The 150th anniversary of the foundation of Nestlé was a major theme of the company's shareholder meeting on 7 April 2016.
That sounds awfully like the activist shareholder model that's currently being exercised by state Comptroller Tom DiNapoli, who has sought to squeeze reforms from major companies the state's pension fund has invested in, including greater disclosure of their political activity.
«This is exactly the kind of alliance we imagined when we created Artisanal Brewing Ventures in 2014,» said Phin DeMink, founder of Southern Tier Brewing Company and also a major shareholder in ABV.
Neil Hamilton, the junior minister for corporate affairs at the DTI, replied saying that his department's role under the Insurance Companies Act 1982 was primarily concerned with the solvency of insurance companies and with the fitness of their directors, senior managers and major sharCompanies Act 1982 was primarily concerned with the solvency of insurance companies and with the fitness of their directors, senior managers and major sharcompanies and with the fitness of their directors, senior managers and major shareholders.
CONSUMER EAGLE - Sep 2 - The major shareholder of Spark Networks, Lloyd Miller, has just obtained ~ 568k shares of the company, coming to a total transaction of $ 938K.
ENGELWOOD DAILY - July 9 - The major shareholder of Spark Networks Inc has purchased 13,100 shares of the company for around $ 18,340 USD.
The Los Angeles billionaire Ron Burkle and a major shareholder in the company (19 percent) welcomed the move and said he would bid along with a group of investors to eventually increase his share to 37 percent.
Third, they think international e-book businesses, especially Amazon's Kindle e-bookstore, will destroy the Japanese distribution system dominated by two companies, Tohan and Nippan, whose shareholders include a dozen of Japan's major publishers.
But as of last summer, Cengage (creators of Cengage Learning) filed for bankruptcy, leading to a restructuring of the company and its agreements with its major investors and shareholders.
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