Sentences with phrase «of key shareholders»

These included what unions described as «Victorian» working conditions at the high street chain's Shirebrook factory in Derbyshire, and the retention of Keith Hellawell as chairman against the wishes of key shareholders.
Walmart, which is trying to acquire a big stake in India's leading eCommerce player Flipkart, has reportedly convinced some of its key shareholders to sell their stakes to the retailer.
It has about a year of cash on hand, and clearly relies on the grace & favour of its key shareholder / lender, Irelandia (Declan Ryan).

Not exact matches

BlackBerry also announced Monday that Prem Watsa, the head of Canadian insurance company Fairfax Financial and one of BlackBerry's key shareholders, has resigned from the BlackBerry board due to potential conflicts.
In 2009, during this key phase of the restructuring plan, Maple Leaf lost the Ontario Teachers» Pension Plan, its biggest and a longtime shareholder.
The name, legal status and addresses of the business, along with the names of directors, officers and key shareholders
Employee stock options align the interests of key players in a company with what's needed to add shareholder value, and that's beneficial.
JOHANNESBURG, April 30 - The chairman of Vedanta Resources Plc, who is also Anglo American's biggest shareholder, said on Monday he had convinced Anglo not to sell off key assets in South Africa.
For example, the expected timing and likelihood of completion of the proposed merger, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed merger that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement, the possibility that Kraft shareholders may not approve the merger agreement, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Kraft's common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Kraft and Heinz to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally, problems may arise in successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected, the combined company may be unable to achieve cost - cutting synergies or it may take longer than expected to achieve those synergies, and other factors.
After all, synergies were key to the credibility of the acquisition, and shareholders should have more detail on how exactly these synergies would be achieved so they can judge the feasibility of the plan.
Succession planning is a key area that needs to be thoroughly looked into by family businesses in the event of a death, retirement or liquidation of any shareholder.
Insights on key issues, proxy votes and shareholder advocacy from the California State Teachers» Retirement System, Ceres, ICCR, Sustainable Stock Exchange, Nathan Cummings Foundation, Trillium Asset Management, As You Sow, Walden Asset Management, Center for Political Accountability, AFSCME, Arjuna Capital, Miller / Howard, Oxfam, Calvert, ClearBridge, Green Century, UAW, Mercy Investments, Sisters of St. Francis, Azzad Asset Management, International Campaign for Rohingya, Responsible Sourcing Network, Sustainable Investments Institute, Proxy Impact, and more.
Specifically, she said the opportunity for the combined company to get around medical loss ratio minimums as a key consumer protection to the benefit of shareholders will be an «important area of regulatory scrutiny.»
Other Governance highlights key governance issues, such as high CEO pay, being raised by the investor community that this report does not track but is of interest to many shareholders.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
Remember that the key justification for not paying dividends was that the earnings were being retained for stock buybacks and increases in book value for the benefit of shareholders.
The firm, created for the sole purpose of lobbying Taseko to replace two directors and give it a say in key company decisions, had no choice: by the meeting's cut - off date for advanced voting, with 50 % of the votes in, shareholders had voted a resounding 94 % against the dissident's proposals.
In connection with the acquisition of XA Secure, the Company also issued 265,012 shares of restricted stock, issued 318,966 options to purchase the Company's common stock and may be required to pay an additional $ 3.92 million to certain key employee - shareholders of XA Secure.
As Director of Business Development Australia Grace supports Morrow Sodali's growing portfolio of ASX listed clients, including developing key relationships with directors, institutional shareholders and deal advisors.
«Apple loses Rule 14a - 8 fight to exclude shareholder proposal requesting establishment of a human rights committee Main Francis Pileggi's 13th Annual List of Key Delaware Corporate and Commercial Decisions for 2017»
Key provisions of a VC term sheet include: investment structure, key economic terms, shareholder agreements, due diligence, exclusivity and closiKey provisions of a VC term sheet include: investment structure, key economic terms, shareholder agreements, due diligence, exclusivity and closikey economic terms, shareholder agreements, due diligence, exclusivity and closing.
One of the key functions of the Board of Directors is to define a value creation strategy for the company's shareholders.
The Board believes that this leadership structure improves the Board's ability to focus on key policy and operational issues and helps the Company operate in the long - term interests of shareholders, while maintaining a strong, independent perspective.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
The key to why the earnings aren't good enough and the stock is falling is this line in the company's shareholder letter: «Revenue came in at the low end of our guidance range because brand marketers did not increase spend as quickly as expected in the first quarter.»
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
Indeed, we regard profit and the creation of shareholder value as the byproduct of making a difference for our key stakeholders and society.
Furthermore, China Telecom and China Unicom (among the country's largest telecom providers) have a vested interest and are key shareholders of the data exchange.
At last year's annual meeting of Berkshire Hathaway shareholders, Buffett said that Wells Fargo had made three key mistakes, with the failure of former CEO John Stumpf to act quickly being the primary error among them.
Through our collective experiences in the executive compensation consulting and legal arenas, we can effectively work with companies to promote the attraction, motivation and retention of key management talent in a manner that is responsible and aligned with shareholder interests.
1:00 p.m. — 1:40 p.m. Larry Cunningham Author, Professor, George Washington University Topic: The Warren Buffett Shareholder: Key Partners of the Berkshire System
One of the key focal points for shareholders when analysing the corporate governance of their investee companies is the composition of the board.
In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..
Glass Lewis» season reviews provide market - specific overviews of the key developments in governance, shareholder activism and stewardship, executive compensation and ESG that defined the 2016 proxy season, along with in - depth case studies detailing how these issues played out in practice.
Except for SoftBank, all the other key Flipkart shareholders are in favour of closing a deal with Walmart
- Majority voting policies provide minority shareholders with greater influence over the composition of the board of directors, who are their key representatives.
Majority voting policies provide minority shareholders with greater influence over the composition of the board of directors, who are their key representatives.
Shareholder resolutions have seen rising support on key issues ranging from governance practices to climate change to pay equity, and the recent expansion of proxy access provides long - term investors with an opportunity to shape the board itself.
I believe that the very large companies should ensure the remuneration to key people (CEO, etc) should be oriented towards the success of their shareholders.
On four key questions — Are you in favour of replacing the CEO; Are you in favour of revamping strategy; Are you in favour of a senior management upgrade; and Are you in favour of replacing board majority — more than 80 per cent of shareholders were either very positive or positive.
As the board of Coca - Cola Amatil jets into midtown Atlanta for a three - day visit with its major shareholder, Indonesia has been flagged as a key topic of discussion — and heated debate.
The key shareholders of Tsogo Sun are Hosken Consolidated Investments Limited («HCI»), a JSE listed investment holding company.
He currently owns a 67 % share of Arsenal and holds a key influential position as the club's majority shareholder.
1) Ten years without a significant trophy yet the Manager is never questioned 2) Selling off key «World beater» Players season after season and replacing them with mediocre at best replacements 3) Keeping a 33 % shareholder who is one of the world's richest men AND a true football fan as far away from the board as possible 4) Charging possibly the highest prices in Europe but NOT reinvesting within the team in any really significant way 5) Classing 4th place in the EPL as a trophy 6) Boasting of a # 100 million war chest for transfers then quibbling over a few hundred thousand on deals.
For Poirier, the key message was that R&D groups have a mandate of innovation and discovery, whereas the marketing division's mandate is to do what is necessary to sell the drug and provide profits for the company shareholders.
It examines the reasons for choosing different business forms and then the reasons for changing them (including sole traders, LTD and PLCs, mutuals and the public sector); the role of shareholders and their reasons for investment (including market capitalisation, dividends and ordinary shares); the key influences on share prices and why these are important for a company; and finally the effect of ownership on mission, objectives, decisions and performance.
The key is patience and diligence with CEFs and knowing that less than 2 % of the US population owns a CEF (vs. 40 % for an open - end fund), 85 % of the shareholders for CEFs are not institutional investors and only 7 of the 598 US listed CEFs trade more that $ 10M a day in liquidity as of last Friday's close.
To date, management has been unwilling to engage in a discussion relating to key questions (below) that any shareholder should have answered before voting in favor of the proposed merger and subsequent fundraising.
It is a key measure of management's efficiency in using assets to earn money for their shareholders.
The key is to focus on high quality companies with a proven track record of delivering dividend increases to their shareholders.
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