Sentences with phrase «on 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.

While a vast majority of shareholders get a huge benefit on an inversion deal, some are learning that an inversion isn't always in their best interest.

The use of dubious billion - dollar lawsuits to apply pressure on Alfa's partners — filed in remote regions of Russia by obscure private shareholders whose interests somehow overlapped perfectly with Alfa's — became a favorite calling card.

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.

Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.

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 %.

In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known conflicts of interest or violations of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).

By the end of the day, Perrigo had basically reached the same conclusion: Just after U.S. markets closed at 4 p.m. on Tuesday, Perrigo announced that its board of directors unanimously rejected Mylan's bid, saying it «substantially undervalues» the company and is not in its shareholders» best interests.

The investigation centers on whether DCT's Board of Directors is acting in the shareholders» best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction.

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.

The previously sleepy conglomerate — which owns properties like Nickelodeon and BET — exploded into life earlier this year, as 93 - year - old billionaire and controlling shareholder Sumner Redstone seemed to be taking a more active interest in the goings on at his entertainment business.

«OUE is a disciplined investor and at all times acts in the best interests of its shareholders,» Overseas Union said in a statement after the market close on Monday, adding that it will explore and pursue other acquisitions.

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.

«Sumner Redstone will make every decision with the same deliberation and consideration with which he removed Philippe Dauman and George Abrams as trustees, based on the best interests of shareholders,» a Redstone spokesman said in an e-mailed statement.

HAS» use of ROIC to measure performance ensures executives» interests are aligned with shareholders» interests and earns it a spot on May's Exec Comp Aligned with ROIC Model Portfolio.

This firm aligns executives» and shareholders» interests by tying compensation to economic earnings and has increased its return on invested capital (ROIC) for five straight years.

While my personal investments should never be considered trading advice, I did place two additional purchase instructions for Strategic Growth last week due to the pullback - one on Thursday for purchase on Friday, and another on Friday for purchase on Monday (I invest regularly in the Fund, which is not dilutive since I regularly put new money to work, and I believe it is in the interest of shareholders for advisors to invest in the funds they manage.

Elsewhere in governance, on Friday the Wall Street Journal endorsed Jamie Dimon's criticism of shareholders who lazily follow the voting recommendations of Institutional Shareholder Services and Glass Lewis, and Nicholas Donatiello and Harvey Pitt argued that the Securities and Exchange Commission should regulate proxy voting to reduce the influence, and conflicts of interest, of ISS and Glass Lewis.

Because the CNGC already regularly analyzes whether our incentive compensation programs provide proper incentives to our NEOs to achieve our Company's strategic priorities (including ROI) and because our shareholders already receive annual reports on those matters in the CD&A s in our annual proxy statements, we believe the adoption of the policy requested by the proposal is unnecessary, duplicative of practices already followed by the CNGC and our Company, and would result in an expenditure of Walmart's resources and our management's and directors» time that ultimately would not be in our shareholders» best interests.

«We calculate a $ 2.36 / share offer price could generate an IRR of 12.3 per cent, based on our forecasts, a debt / equity structure of 30 per cent / 70 per cent, an interest expense rate of 4.5 per cent, a shareholder loan of half the equity value and an EBITDA exit multiple of 12 times,» the analysts wrote.

We have adopted robust stock ownership guidelines and other governance policies to ensure that our CEO, Executive Officers, and certain other officers are focused on Walmart's long - term success and that their interests are aligned with those of our shareholders.

Much of the academic work on agency theory in the decades since has focused on ensuring that managers seek to maximize shareholder returns — primarily by aligning their interests with those of shareholders.

After acquiring his interest in Blockbuster, Icahn began giving interviews to the press and writing letters to shareholders (and to me) claiming that we'd botched the acquisition, that we'd spent too much money on our online business, that we shouldn't have ended late fees, and that the CEO (that would be me) was making too much money.

Considering Southwest links executive compensation to improvements in ROIC (more on this below), it is clear executive interests are aligned with shareholders.

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.

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.

According to this year's proposed shareholder resolutions, investors are also interested in the impact of neonicotinoids (a commonly used chemical found in pesticides) on bees and other organisms.

One of the governance principles is that «Shareholders should be entitled to voting rights in proportion to their economic interest...» In other words, the Group does not favour multi-voting share structures that characterize over 80 companies on the TSX and that have been popular in Canadian IPOs over the last few years (see comments on Aritzia's IPO here).

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.

Therefore, in light of the SEC's guidance, we encourage investors, the media, and others interested in Icahn Enterprises L.P. to review the information that Mr. Icahn provides on the website and to members of www.carlicahn.com, and that he posts on Tumblr, Facebook and Twitter, and that he provides on the Shareholders» Square Table website and to its members, in addition to the information that Icahn Enterprises L.P. discloses using its investor relations website (http://www.ielp.com/investor.cfm), SEC filings, press releases, public conference calls and webcasts.

«Boards that authorise share - repurchase initiatives at market prices below what the businesses are intrinsically worth per share (without foregoing investment in even more compelling growth opportunities and with due regard for the financial security of the remaining shareholders) are clearly putting the shareholder's interest high on the priority list» Frank Martin

On the bottom line, AB InBev's normalized earnings before interest, taxes, depreciation and amortization (EBITDA) grew 11.8 % year over year to $ 5.354 billion, while normalized profit attributable to shareholders climbed 8.4 % to $ 1.872 billion.

«We have engaged with both the prior and the current administrations in advocating on business issues that we believe are in the best interests of our consumers, teammates, and shareholders,» the statement said.

«Whereas companies routinely reward their shareholders with higher dividends, no company in the history of finance, going back as far as the Medicis, has rewarded its bondholders by raising the interest rate on a bond.»

With Alphabet only offering its owners a «Say on Pay» once every three years, it will be interesting to see if shareholders take this opportunity to make a stand, however symbolic it may be.

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.

Ole developed early a strong personal interest in value investing, he began studying Buffett when he was 16 and had already visited the Berkshire Hathaway annual shareholder meeting on several occasions before joining Pareto.

In this year's letter to shareholders, Buffett writes that, «Charlie [Munger] and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbols to be bought or sold based on their «chart» patterns, the «target» prices of analysts or the opinions of media pundits.

The dollar amount of AMT reportable specified private activity bond interest paid to an individual shareholder is reported on Form 1099 - DIV, box 11.

Whether the client is interested in pursuing the sale of all or part of its business, or in making a strategic acquisition, Marcum's focus is on managing the process to a successful conclusion to enhance shareholder value.

In addition, with the proposed merger between the company and Dow Chemical on the horizon, shareholders will consider whether the Company's decision to add excise tax gross - up provisions to NEO severance agreements is in their best interests.

As a Main Street bank, PNC is committed to delivering on each of its strategic priorities while looking out for the best interests of all stakeholders, including customers, communities, employees and shareholders.

Run by a US - educated Kurdish financier, Baghdad - based Rabee Securities ran the only significant deal on the Iraq Stock Exchange last year when it listed Asiacell Telecommunications to allow majority shareholder Qatar Telecom to acquire minority interests for $ 1.3 billion.

Other shareholders can determine the AMT reportable specified private activity bond interest by multiplying the percentage shown by the total Tax - Exempt Income Dividends received during the year as reported on their annual Year - End Asset Summary Statement.

On Friday, the company declined to provide a comment beyond a statement it issued on Thursday, in which it said it would evaluate the situation «as the investigation continues through the lens of overall Verizon interests, including consumers, customers, shareholders and related communities.&raquOn Friday, the company declined to provide a comment beyond a statement it issued on Thursday, in which it said it would evaluate the situation «as the investigation continues through the lens of overall Verizon interests, including consumers, customers, shareholders and related communities.&raquon Thursday, in which it said it would evaluate the situation «as the investigation continues through the lens of overall Verizon interests, including consumers, customers, shareholders and related communities.»

In addition, the compensation committee believes awarding equity rewards tied to the stock price motivates the executive team to focus on growing the business by aligning with the interests of shareholders.

In a rate environment we think of as normal (interest rates slightly higher than inflation), we believe these companies can earn 10 % on equity and if they don't have organic growth opportunities, can return all of it to shareholders.

Net earnings and net earnings available to common shareholders included a $ 265.3 million one - time income tax net benefit, a $ 53.2 million gain primarily related to non-cash mark - to - market adjustments on interest rate swaps and a $ 37.6 million loss on extinguishment of debt, each of which are discussed later in this release and were treated as adjustments for non-GAAP measures.

The ATO had been expected to focus on interest deductions claimed by the Australian subsidiaries of Exxon and rival oil giant Shell, both of which are shareholders in Gorgon, after the operator of the giant gas project, Chevron, lost a $ 340 million tax fight in the Federal Court last year.