Sentences with phrase «shareholders funds over»

Not exact matches

The comment is oddly elliptical and passive given that Pessina is a shareholder controlling 13 % of the company's stock, with allies KKR and activist fund JANA Partners holding sway over another 4.7 % and 1.1 %, respectively.
Shareholders in Barrick Gold — including seven major pension funds — used such a measure to express displeasure over an $ 11.9 - million signing bonus for its co-chairman.
Warren Buffett, in his latest letter to Berkshire Hathaway shareholders, announced that he was on his way to winning this year the $ 1 million bet he made in 2007: that his investment in an S&P 500 index fund would outperform five hedge funds over a decade.
Challenger Managed investments general manger Martin Ashe said that, not only had there been a demand from clients for a fund of this type, but that the company considered socially responsive companies would post attractive returns for shareholders over the longer term.
One of Canexus» main shareholders, Stirling Funds, threated to oust the entire board over the deal.
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.
In March, Qualcomm Inc, under pressure from hedge fund Jana Partners, agreed to boost its program to purchase $ 10 billion of its shares over the next 12 months; the company already had an existing $ 7.8 billion buyback program and a commitment to return three quarters of its free cash flow to shareholders.
We believe these factors are critical advantages over target - date funds and that they will help us achieve our goal of producing competitive absolute returns over the long run for our shareholders.
Since my impression is that the Fund continues to nicely achieve its objectives, it's important that shareholders remember that those objectives focus on achieving strong absolute and risk - adjusted returns over the complete market cycle (i.e. peak - to - peak, bull markets and bear markets combined).
An equity fund pays investors dividends which vary depending on market conditions and the over all performance of the fund... Shareholders are also rewarded with dividends form capital appreciation (an increase in the value of the fund based on market conditions) Equity funds let shareholders benefit from a good performing company, and this along with voting rights, mShareholders are also rewarded with dividends form capital appreciation (an increase in the value of the fund based on market conditions) Equity funds let shareholders benefit from a good performing company, and this along with voting rights, mshareholders benefit from a good performing company, and this along with voting rights, makes them...
Apple too has cash stockpiled overseas, but over the last several years it has aggressively engaged in a shareholder friendly campaign of buybacks and dividends funded with debt.
1996 - Shareholder Letter (sourced from IFA.com/quotes/) Over the past several years, I've gradually moved my family portfolio and my corporate portfolio away from individual stocks and into index mutual and exchange traded funds...
The argument comes from veteran value investor David Winters, portfolio manager of Wintergreen Fund, who in his latest letter to shareholders says that the typical S&P 500 index fund incurred expenses of over 4.3 % in 2Fund, who in his latest letter to shareholders says that the typical S&P 500 index fund incurred expenses of over 4.3 % in 2fund incurred expenses of over 4.3 % in 2016.
Mr. Jiwan has served on numerous boards of directors and advisors, including: (i) Future Finance Loan Corporation, a European private student lender that has helped students at over 130 universities fund their education, where Mr. Jiwan is a co-founder and non-executive Chairman; (ii) BFRE, a Brazilian private real estate finance company, which was subsequently sold to affiliates of BTG Pactual; (iii) GP Investimentos, one of Latin America's leading private equity firms, where he served on its shareholder advisory board; (iv) NewPoint Re, a Bermuda - based reinsurance business; and (v) Kaletra QD product development program with Abbott Pharmaceuticals, where he served on the Joint Oversight Committee.
Litigation funder IMF is calling for aggrieved shareholders to sign up for a possible court action against Treasury Wine Estates, the owner of a portfolio of leading and iconic wine brands such as Penfolds, Wolf Blass and Lindemans, claiming «deceptive and misleading conduct» over disclosures around its troubled US business.
Chairman will return # 25,000 to head off shareholder revolt over funding of five Conservatives who stood against Lib Dems
Cornerstone is changing CFP (Cornerstone Progressive Return Fund) shareholders over to CLM (Cornerstone Strategic Value Fund).
The Fund has no sales load (a charge for purchasing the fund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdeFund has no sales load (a charge for purchasing the fund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdefund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdefund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdefund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholders).
Their plan was to roll shareholders over into a mid-cap fund managed by the same team.
Supporters now include well - respected funds and investors such as Church House Investment Management, XXX Capital Management, Guy Thomas, and over two dozen other Argo shareholders.
Since index funds simply buy the stocks or bonds that make up indexes like the Standard & Poor's 500 or Barclays U.S. Aggregate bond index rather than spend millions on costly research and manpower to identify which securities might perform best, they're able to pass those savings along to shareholders in the form of lower annual fees, which translates to higher returns and more wealth over the long term.
More likely, your yield on cost is going to fall if this fund cuts its payouts to shareholders — just as it has done almost every year over the past decade.
Over the past ten years, the Hotchkis & Wiley Value Opportunities Fund has added value for its shareholders but at the expense of elevated volatility of returns.
This evidence totally contradicts the consistent stand of the industry, articulated over and over again at the annual membership meetings of the Investment Company Institute, that «the interests of mutual fund managers are directly aligned with the interests of mutual fund shareholders
Sequoia shareholders have lost 27 % over the past year, compared with a flat S&P 500, performance that is worst than all other large - cap growth funds tracked by Morningstar.
Instead, they've given earnings back to shareholders where shareholders might earn 2 - 3 % in a bank account, or if they're lucky, 8 % in an index fund over time.
Since the fees are paid into general fund assets that are owned by shareholders and since long - term investors would amortize these purchase fees over many years, such purchase fees tend to be relatively inconsequential, if not beneficial, to long - term investors.
The formula requires payment to shareholders during a calendar year of distributions representing at least 98 % of the Fund's ordinary income for the calendar year and at least 98.2 % of its capital gain net income (i.e., the excess of its capital gains over capital losses) realized during the one - year period ending October 31 during such year plus 100 % of any income that was neither distributed nor taxed to the Fund during the preceding calendar year.
Since the mutual fund shareholder has no control over the fund manager the shareholder is at risk of the fund manager realizing bond losses in an attempt to redeploy into higher yielding bonds.
February, 2006 On behalf of the Free Enterprise Action Fund, Milloy drafted the U.S. Securities and Exchange Commission the first climate skeptic shareholder resolution over the challenge of the General Electric Co..
New risks such as cyber incidents or data privacy, rising regulator and shareholder activism and the influence of third party litigation funders are putting corporate leaders under more pressure than ever of falling foul of investigations, fines or prosecution over alleged wrongdoing, says Allianz...
Quinn Emanuel Urquhart & Sullivan is building a claim on behalf of BT shareholders and funders against the company over an accounting scandal in its Italian business.
Litigation funder Bentham Europe has selected Quinn Emanuel Urquhart & Sullivan as its adviser on a claim by some of Volkswagen's largest shareholders against the company in Germany over the emissions rigging scandal the car maker has been embroiled in.
Notable mandates: Counsel on Accor SA's sale of Motel 6 chain regarding Canadian assets worth about $ 30 million; litigation counsel to CourtCanada Ltd. in its multi-million-dollar lawsuit against the Ontario Government; acted in resolution of shareholder dispute in real estate holding companies valued at over $ 70 million; counsel to Harris & Partners Inc. in its capacity as CCAA monitor in restructuring of The Futura Loyalty Group Inc.; acted as vendor of assets of a Canadian company and U.S. affiliate valued at over $ 25 million to a U.S. private equity fund.
2015 saw the total value of claims funded by Therium break the $ 5 billion mark with litigation and arbitration cases in the UK, Europe, Asia - Pacific and in the Americas, including high profile cases such as the shareholder group action against Lloyds Banking Group over the acquisition of HBOS at the peak of the financial crisis.
Representing private individuals in a multi-jurisdictional shareholder dispute over a Cayman investment fund which involved the setting aside of a worldwide freezing order and proprietary injunction, in part on the basis that the claims were likely to be barred by the «no reflective loss» principle.
In the case of insolvency policy holders are given preference over shareholders when it comes to distributing remaining assets and funds.
Faraday Future never secured any major funding from other sources mainly because YT — the company's largest shareholder — didn't want to relinquish his tight grip over the company, a number of former employees have told The Verge.
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