Sentences with phrase «stockholders do»

You stated in your press release that: «The Company noted that Icahn's letter did not constitute a formal offer and, as such, stockholders do not need to take any action.»
This is because common stockholders do produce something: They postpone the consumption of goods (ie, they save some portion of their income) in order to supply the seed capital needed to buy production equipment and produce goods.
«The stockholders do not have it in their power to make a business profitable, but they do have it in their power to liquidate it.
And yet Take - Two Interactive stockholders don't seem miffed.
Bebchuk has argued that the disclosure rules for large stockholders don't need to be changed.
This concentrated ownership may limit the ability of other stockholders to influence corporate matters, and, as a result, these stockholders may cause us to take actions that our other stockholders do not view as beneficial.
As I said, this does make some sense; As a stockholder I don't want them to do anything but vigorusly defend my interests in the lawsuit, since the lawsuit represents the majority of the asset value of the company, so I certainly don't want them to run out of money.
When I was a bond manager, I would lend to the uppermost holding company, knowing that the stockholders did not want to hand their profitable company over to me.

Not exact matches

The settlement doesn't cover claims by Steve Wynn's ex-wife, Elaine Wynn, who has been trying to get out from under a 2010 stockholder agreement that ties her up 10 percent stake in the company.
I have no desire to disparage or dismiss anything Jobs did for his company, for its stockholders, or for millions of people who are incurably addicted to their tiny Apple phones — I just want to explain why Jobs was no Edison.
Does that mean he's unfairly taking advantage of Tesla stockholders?
But there are many things public company boards can do to better align with their core responsibility to the stockholders — and they can do it in a way that is proactive and more long - term in nature than if it is in response to an activist.
But when the S corporation retains its profits for growth, stockholders must pay taxes on that profit even though they do not get a check in the mail — and the higher the profits, the more rapid the growth, the higher the taxes.
Act Like a Corporation Before doing business, stock certificates should be issued to all stockholders, and a corporate record book should be established to hold the articles of incorporation, records of stock holdings, the corporation's bylaws, and the minutes of board and shareholder meetings.
We do this in order to solicit voting proxies for use at Tesla's 2018 Annual Meeting of Stockholders (the «2018 Annual Meeting»), to be held Tuesday, June 5, 2018, at 2:30 p.m., Pacific Time, and at any adjournment or postponement thereof.
To be clear though, preferred stockholders generally don't have a preference over traditional debt or convertible notes (another form of short - term debt), so don't forget to check whether a company has outstanding debt obligations.
If things don't go according to plan, being a preferred stockholder can mean the difference between getting your money back and not.
If you are not a registered stockholder, please understand that IBM does not know that you are a stockholder, or how many shares you own.
If you are a stockholder of record and you sign your proxy card or vote by telephone or over the Internet but do not give instructions with respect to the voting of directors, your shares will be voted FOR the re-election of Messrs. Gracias, Murdoch and Musk.
Preferred equity also typically comes with additional investor rights and protections that you do not receive as a common stockholder and which can also significantly alter potential return profiles.
At the present time, IBM does not «household» for any of our stockholders of record.
If you are the stockholder of record and you do not vote by proxy card, by telephone, via the Internet or in person at the 2018 Annual Meeting, your shares will not be voted at the 2018 Annual Meeting.
Subject to stockholder approval, we do not expect to utilize our 2011 Plan until after the completion of this offering.
Although Tesla does not have a formal policy regarding attendance by members of the Board at Tesla's annual meetings of stockholders, Tesla encourages, but does not require, directors to attend.
In addition to the election of directors (Item 1), the NYSE does not consider any of the stockholder proposals (Items 5 through 8) as routine matters, so your broker may not vote on these matters in its discretion.
Other risks and uncertainties include the timing and likelihood of completion of the proposed transactions between ILG and MVW, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals for the proposed transactions that could reduce anticipated benefits or cause the parties to abandon the transactions; the possibility that ILG's stockholders may not approve the proposed transactions; the possibility that MVW's stockholders may not approve the proposed transactions; the possibility that the expected synergies and value creation from the proposed transactions will not be realized or will not be realized within the expected time period; the risk that the businesses of ILG and MVW will not be integrated successfully; disruption from the proposed transactions making it more difficult to maintain business and operational relationships; the risk that unexpected costs will be incurred; the ability to retain key personnel; the availability of financing; the possibility that the proposed transactions do not close, including due to the failure to satisfy the closing conditions; as well as more specific risks and uncertainties.
, some of our younger investors who don't know any other environment might be surprised if / when the Federal Reserve takes an action that might impact the «haves» (stockholders and real estate owners).
We believe this structure provides an appropriate balance between building stockholder value and protecting the executives in the event of a corporate transaction since the continued vesting conditions are designed to assist the Company in retaining the Named Executive Officer if it chooses to do so.
The NYSE does not consider the election of directors (Item 1), the advisory resolution to approve the named executives» compensation (Item 2) or any of the stockholder proposals (Items 4 through 7) to be routine matters, so your broker may not vote on these matters in its discretion.
At Franklin Templeton Investments, we believe that Corporate Citizenship is a critical link between integrity and performance — how we do the right things the right way in order to deliver value to our stockholders, clients, employees, and our communities.
Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or company of more than 50 % of the combined voting power of our then outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 % of the combined voting power of the surviving entity (or the parent of the surviving entity), (3) a sale, lease, exclusive license, or other disposition of all or substantially all of our assets other than to an entity more than 50 % of the combined voting power of which is owned by our stockholders, and (4) an unapproved change in the majority of the board of directors.
If you are a street name stockholder and you do not give voting instructions to your broker or nominee, your broker will leave your shares unvoted on this matter.
This is one of the reasons I am so concerned about the widespread focus on operating earnings, which often have nearly nothing to do with the actual stream of cash flows that is claimed by stockholders.
It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).
Another thing to notice is that, if Vanguard owns over 10 percent of most of the big mall REITs — and it does — then an over-literal reading of the law would say, well, they are all interested stockholders in one another (since all of them have an associate who is a 10 percent holder of the other REITs), and therefore none of them can buy any of the others.
It is not used to shift or hedge any economic risk or as a bet against FedEx shares and, therefore, does not create any misalignment of management and stockholder interests.
The proposal's thresholds for nomination are too low and do not encourage Board representation focused on the long - term best interests of all FedEx stockholders.
As a result of changes adopted by the NYSE to its broker voting rules, including changes mandated by the Dodd - Frank Act in connection with stockholder votes on executive compensation matters, the NYSE does not consider the election of directors (Item 1), the advisory resolution regarding named executives» compensation (Item 2), and the advisory proposal on the frequency of future advisory votes regarding named executives» compensation (Item 3) to be routine.
More importantly, Allergan thinks that this should delay Pershing's ability to call a special meeting of Allergan stockholders to vote on the deal until, I don't know, 2015 or forever or something.
Here is the answer, and it is as dumb and shareholder - unfriendly as you could want: «Maryland law prohibits companies from doing mergers with so - called «interested stockholders» for a period of five years,» and an «interested stockholder» is anyone who, along with its «affiliates or associates,» owns more than 10 percent of the company's stock.
As long as PS Fund (along with any of its Related Persons) does not otherwise engage in (or has not otherwise engaged in) conduct that would otherwise result in its becoming an Acquiring Person by becoming the Beneficial Owner of 10 % or more of the shares of Common Stock then outstanding, PS Fund's solicitation and receipt of one or more revocable proxies from the Company's stockholders to be counted toward the number of shares of the outstanding Common Stock needed to cause a special meeting of stockholders to be called pursuant to and in accordance with the Bylaws, which proxies are given to PS Fund in response to a public solicitation of proxies made pursuant to, and in accordance with, Section 14 (a) of the Exchnage Act by means of a solicitation statement filed with the Commission on Schedule 15A, should not, of itself, cause PS Fund to become an Acquiring Person.
«A broad coalition of investors wants companies to tell stockholders and the public more about so - called «dark money» spent both in campaigns and on lobbying by groups that use corporate money and don't say where it comes from,» Welsh of Si2 said.
If the corporation refuses to permit an inspection or does not reply to the demand within 5 business days, the stockholder may apply to the Delaware Court of Chancery for an order to compel such inspection.
He has also served as Delaware counsel for directors and board committees for such corporations as ABB, Ltd., Adelphia Communications Corporation, Airgas, Inc., Affiliated Computer Services, Inc., Alpha Natural Resources, Inc., AMF Holdings, Inc., Anheuser Busch Companies, Inc., Applied Materials, Inc., Ashworth, Inc., Bank of America Corporation, BarnesandNoble.com, Biosite, Inc., Cablevision Systems Corporation, Caterpillar, Inc., Citigroup, Inc., Clear Channel Outdoor Holdings, Inc., Coeur Mining, Inc., Computer Associates International, Inc., Cornerstone Therapeutics, Inc., Countrywide Financial Corporation, Countrywide Home Loans, Inc., Cysive, Inc., Danfoss A / S, Dreamworks Animation SKG, Duncan Energy Partners, E. I. du Pont de Nemours & Co., Inc., EON Labs, Inc., Epicor Software Corporation, Erickson Air Crane Inc., Fairfield Communities, Inc., FEDEX Corporation, First Franklin Financial Corporation, Fox & Hound Restaurant Group, FTI Consulting Inc., G.P. Strategies Inc., Gemstar International Group Ltd., Genencor International, Inc., Golden Telecom, Inc., Goldman Sachs, Google Inc., Health Management Associates, Inc., Hewlett - Packard Company, Hilton Worldwide Holdings, Inc., Houlihan's Restaurants, Inc., Huntsman Corporation, IGEN, Inc., ImClone Systems Incorporated, infoUSA, Inc., Insituform East, Inc., Intel Corporation, IntercontinentalExchange, Inc., iPass, Inc., Kenetech Corporation, Levi Strauss Associates, Inc., Liberty Media Corporation, Lifepoint Hospitals, Inc., Lorillard, Inc., Maytag Corporation, Micro General Corporation, Motorola, Inc., National Amusements, Inc. (majority stockholder of Viacom), National Steel Corporation, Net2Phone, News Corporation, NRG Energy, Inc., OEC Corporation, Online - City Search, Inc., PeopleSoft, Inc., Pharmacia Corporation, Phonefree.com, PLM International Inc., Printcafe Software, Inc., Pure Resources, Inc., Quest Software, Rent - A-Center, Inc., Rental Service Corporation, Republic Industries, Inc., Rockefeller Center Properties, Inc., Siliconix Incorporated, Simon Property Group Inc., Softbank Corp., Sotheby's, Space Imaging, Inc., Stock Building Supply Holdings, Inc., Suntory Holdings Limited, Take Two Interactive Software, Inc., Teppco Partners, L.P., The Hertz Corporation, The Talbots, Inc., Teva Pharmaceuticals USA, Inc., The Vanguard Group, Inc., The Walt Disney Company, TicketMaster, Todd A-O Corporation, Triad Hospitals, Inc., Unico Corporation, UTStarcom, Inc., Utz Quality Foods, Inc., Venoco, Inc., Veterinary Centers of America, Inc., VMWare, Inc., Walmart Stores, Inc., Walter Industries, Inc., Wheeling - Pittsburgh Corporation, Whistlepig, LLC, Wynn Resorts, Ltd., Zynga, Inc..
At the end of the day, most founders typically don't control the board after a VC - led financing, as the investors won't allow a situation where the common stockholders have significant control or veto power.
The only thing «god» has to do with storms is to give the insurance companies a cop - out when the time for needing a claim pops up and ruins their precious stockholders» day.
Broadcasters are considered by their stockholders to be acting in an economically responsible way if they provide programs that are produced very cheaply — even if the programs contain much unnecessary violence — if, in doing so, they reach the largest possible audience and make the largest number of sales and highest possible profits.
High - sounding mission statements do not prevent corporate bosses from routinely betraying their employees, retirees and stockholders.
Competition does result in the failure of firms unable simultaneously to serve customers well and earn competitive incomes for their workers and stockholders.
In previous chapters I have suggested what concerned citizens can do to deal with television without censorship: create local television councils and community action to get stations to accept their responsibility for the public welfare; introduce media education courses in the schools and churches to create media literacy; organize community groups to develop programs relating to community issues on the «narrowcast» media of cable - TV, videocassettes, low - power TV, public - broadcasting facilities, and commercial side - band channels; employ stockholder action and other economic measures.
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