Topic filter : Shareholder

Most trending topics in Business & Finance ( last 24 hours ):
Negotiation Brexit FTSE 100 Deloitte Carmaker Bidding Fiat Chrysler Fiat Largest Economy Economy Scandal House Price Asking Price Transport Public Transport Homeowner Partnership Tenant Holiday McDonald Treasury Central Bank Takeover 21st Century Fox Rupert Murdoch Sky Ofcom Broadcaster Car Insurance Insurance Admiral Earning Debit Card Bargain Pension Financial Crisis

Socially Most Trending News

.... Credit lines from the German government are only a temporary measure. The harder fact is that Etihad, a big shareholder in both Air Berlin and Alitalia, seems to have abandoned its strange strategy of throwing millions of euros at loss-making investments. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 06:28:31 PM
Total Trend count
691
Most trending on :
691
....Captains are being pressed into flying more hours than they are legally allowed and face intimidation if they refuse, France’s pilots’ union said. In an open letter to the company’s main shareholder, Sir Stelios Haji-Ioannou, the union said the flight schedule is unrealistic and had caused numerous delays and last-minute cancellations. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 02:25:16 PM
Total Trend count
535
Most trending on :
534 1
....”. Thought to be worth up to £12bn, Swedish rival H&M is now 70 years old, and its main shareholder and chairman is Sweden’s richest person, Stefan Persson, who has a fortune of £28bn. ... [Read full article on Guardian ]
Saturday 19th of August 2017 11:41:35 PM
Total Trend count
483
Most trending on :
477 5 1
.... The shares fell 4% to hit a two-year low. Kingfisher has become an infuriating investment for its shareholders. ... [Read full article on Guardian ]
Thursday 17th of August 2017 06:45:27 PM
Total Trend count
299
Most trending on :
299
....6% used by Ofsted to arrive at its conclusions is not sufficient to judge the quality of Learndirect’s training,” it said. A Learndirect spokesman defended its financial position and deflected criticism about millions paid in shareholder dividends. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 07:03:32 PM
Total Trend count
208
Most trending on :
194 13 1
.... Median salaries rose by about 2% but the number of salary increases of 3% or more halved. The coalition government introduced rules in 2013 that forced large public companies to put a three-year pay policy to a binding shareholder vote, report bosses’ pay more clearly and show the relationship between the pay of the chief executive and the average worker. ... [Read full article on Guardian ]
Monday 21st of August 2017 06:01:04 AM
Total Trend count
41
Most trending on :
39 2
....Air Berlin is the second largest airline in Germany, but has struggled financially for years. It was propped up by its main shareholder, Etihad, but the Gulf airline announced it was no longer willing to invest. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 04:43:12 PM
Total Trend count
20
Most trending on :
20
.... The shares rose 6% and are now back to something close to pre-crisis levels. Should shareholders in Carillion, in despair after last month’s horrible profits warning, enormous £845m provision and disposal of the chief executive, take heart? Does Balfour’s recovery provide a model for how to proceed?. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 07:29:37 PM
Total Trend count
9
Most trending on :
9
....What should we do about it? For many, the answer is simple: renationalisation. The arguments in support of this are appealing to those of us fed up and appalled by the high level of shareholder dividends and bloated executive pay often seen in train companies. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 08:59:24 AM
Total Trend count
8
Most trending on :
8

Latest Finance News related to Shareholder

FTSE 100 executive pay falls by 19% ahead of controversial reforms, says Deloitte image
.... Median salaries rose by about 2% but the number of salary increases of 3% or more halved. The coalition government introduced rules in 2013 that forced large public companies to put a three-year pay policy to a binding shareholder vote, report bosses’ pay more clearly and show the relationship between the pay of the chief executive and the average worker. ...
‘It’s fashion without a capital F’ – Swedish stores step up high street invasion image
....”. Thought to be worth up to £12bn, Swedish rival H&M is now 70 years old, and its main shareholder and chairman is Sweden’s richest person, Stefan Persson, who has a fortune of £28bn. ...
Bunnings beware: the Homebase revolution is failing to shape up image
Source : Guardian [Read Article] Thursday 17th of August 2017 06:45:27 PM
.... The shares fell 4% to hit a two-year low. Kingfisher has become an infuriating investment for its shareholders. ...
The fallout from Trump closing down his advisory panels is just beginning | Nils Pratley image
.... The shares rose 6% and are now back to something close to pre-crisis levels. Should shareholders in Carillion, in despair after last month’s horrible profits warning, enormous £845m provision and disposal of the chief executive, take heart? Does Balfour’s recovery provide a model for how to proceed?. ...
Trains are too expensive. But transport’s real problem is subsidies for London | Wanda Wyporska image
....What should we do about it? For many, the answer is simple: renationalisation. The arguments in support of this are appealing to those of us fed up and appalled by the high level of shareholder dividends and bloated executive pay often seen in train companies. ...
Department for Education pulls all Learndirect contracts and funding image
Source : Guardian [Read Article] Tuesday 15th of August 2017 07:03:32 PM
....6% used by Ofsted to arrive at its conclusions is not sufficient to judge the quality of Learndirect’s training,” it said. A Learndirect spokesman defended its financial position and deflected criticism about millions paid in shareholder dividends. ...
EasyJet and Ryanair should be wary of launching Air Berlin bid | Nils Pratley image
.... Credit lines from the German government are only a temporary measure. The harder fact is that Etihad, a big shareholder in both Air Berlin and Alitalia, seems to have abandoned its strange strategy of throwing millions of euros at loss-making investments. ...
EasyJet could swoop for parts of Air Berlin as it goes into administration image
....Air Berlin is the second largest airline in Germany, but has struggled financially for years. It was propped up by its main shareholder, Etihad, but the Gulf airline announced it was no longer willing to invest. ...
French pilots claim easyJet is risking safety by scheduling too many flights image
....Captains are being pressed into flying more hours than they are legally allowed and face intimidation if they refuse, France’s pilots’ union said. In an open letter to the company’s main shareholder, Sir Stelios Haji-Ioannou, the union said the flight schedule is unrealistic and had caused numerous delays and last-minute cancellations. ...
World's biggest banks face £264bn bill for poor conduct image
Source : Guardian [Read Article] Monday 14th of August 2017 05:28:32 PM
....The figures include money set aside for future penalties by the 20 banks and fines and other costs they have incurred to tackle regulatory and legal claims. Stears said there would not be zero conduct costs but added: “The question is at what average level will these costs settle? And, moreover, is that level acceptable to the banks, their shareholders and the public?”. ...
Sainsbury's Nisa takeover talks paused after competition concerns image
Source : Guardian [Read Article] Monday 14th of August 2017 04:31:08 PM
....Only Nisa remains owned by its shopkeeper members, who have a say over its running, including executive pay, rules governing the proportion of stock that members must buy centrally, and the price of goods. Its 1,400 member shareholders own between one and 250 shares out of almost 60,000 in total. ...
Fox’s chances of securing Sky depend on the football result image
Source : Guardian [Read Article] Sunday 13th of August 2017 05:59:06 AM
....75 offer reckon that investor sentiment estimates completion as about 55% likely. “The biggest risk was Ofcom’s test of whether the Murdochs were fit and proper owners of Sky’s licence, and they passed that,” said one Sky shareholder. ...
Vanishing app: Snapchat struggles as Facebook bites back image
Source : Guardian [Read Article] Friday 11th of August 2017 05:40:23 PM
.... Snapchat’s parent, Snap Inc, lost $443m over the last three months, compared with $116m in the same period a year ago. Young tech companies are expected to burn through cash at a prodigious rate as they chase customers, but the main worry for shareholders was anaemic user growth, missed revenue targets and the threat from Facebook and Google – both of which have copied some of Snapchat’s key features. ...
Box office massacre: how Hollywood flopped this summer image
Source : Guardian [Read Article] Friday 11th of August 2017 04:14:44 PM
....We’re coming to the end of a particularly chilly summer in Hollywood. It’s been a brutal week for movie theater chains as they ready their quarterly earnings reports for shareholders and warn those investors that they’re not going to like what they see. ...
Sky faces paying extra £1.8bn for Premier League broadcast rights image
Source : Guardian [Read Article] Friday 11th of August 2017 04:10:07 PM
....“We are clear whenever we approach any auction what we think it is worth and what what we can afford,” said BT’s Haworth. “We have not got carried away and we will continue to buy rights that we think will provide a good solid return for shareholders and that are good for customers. ...
Battle for power at Uber as investor sues ex-CEO Travis Kalanick alleging fraud image
....A spokesperson for Kalanick called the suit “completely without merit and riddled with lies and false allegations”. The statement accused Benchmark of “acting in its own best interests contrary to the interests of Uber, its employees and its other shareholders”, and said that Kalanick “will continue to act in the interests of Uber and all of its stakeholders”. ...
Worldpay takeover deal: not bad, but could have been better | Nils Pratley image
Source : Guardian [Read Article] Wednesday 9th of August 2017 06:27:04 PM
.... Vantiv is offering 397p, comprising 55p in cash plus shares. The terms are unchanged but, thanks to a share buy-in by Vantiv in the interim, Worldpay shareholders will end up with 43% of the new company, up from 41%. ...
US firm Vantiv to buy British rival Worldpay for £9.3bn image
Source : Guardian [Read Article] Wednesday 9th of August 2017 01:55:20 PM
....“We were not ready [to do the deal] last year when the pound was in a different position. Letting this opportunity pass by [now] would have been the worst decision for shareholders, customers and staff. ...
Bank of England deputy's Brexit warning is strong stuff | Nils Pratley image
Source : Guardian [Read Article] Tuesday 8th of August 2017 11:01:03 PM
.... It won’t just make the process smoother, it will make it cheaper. It took ages, but shareholders in Standard Life and Aberdeen Asset Management have decided they like the £12bn merger after all. ...
Cath Kidston's profits bloom as 'essential Britishness' sells worldwide image
Source : Guardian [Read Article] Tuesday 8th of August 2017 05:33:42 PM
.... The designer, who still owns about 11% of the chain, stepped down as creative director in 2014. Last year Baring Private Equity Asia bought out the other investors to become the controlling shareholder. ...
Paddy Power Betfair blames bad results on bad results image
Source : Guardian [Read Article] Tuesday 8th of August 2017 10:12:14 AM
....Corcoran said the company was investing to improve its position in a “highly competitive market”, spending more on promotional offers and slashing odds for customers. “Our customers and shareholders are already seeing benefits from efficiencies and investments. ...
British cycling brand Rapha sold to Walmart heirs for £200m image
Source : Guardian [Read Article] Monday 7th of August 2017 06:05:09 PM
....The sale values Mottram’s stake in the business at £25m, although the company said he would retain a “significant part” of his shareholding and would remain chief executive of the business. Many of Mottram’s friends and family are also shareholders. ...
Green & Black’s new bar shows Fairtrade is under threat. But we still need it | Lucy Siegle image
.... Their objectives are not human development and long-term environmental sustainability. They remain focused on short-termism and shareholder return. ...
A decade after the financial meltdown, its underlying problems haven’t been fixed image
....The problem, of course, is that the FCA’s proposal to create a new category of “premium” listing for state-controlled companies is not a minor revision. Such companies would be able to ignore two protections for shareholders that have been regarded as fundamental to the highest standards of governance. ...
John Malone, the ‘swamp alligator’ chewing up the UK’s media market image
....In 2004, when Murdoch was de-listing News Corp from the Australian stock market so it could list in New York, a small window appeared when hugely valuable voting shares, through which the Murdochs maintain control of their empire, suddenly became available. Malone secretly built up a stake of about 18% in News Corp votes, becoming its second-largest shareholder and threatening the family’s cast-iron grip. ...
Pearson to axe 3,000 jobs after slump at main US business image
Source : Guardian [Read Article] Friday 4th of August 2017 06:58:32 AM
....6bn for 2016, the biggest in its history. In May, Fallon, who has faced calls to step down, encountered a massive shareholder revolt with almost 70% voting against, or failing to support by abstention, his £1. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
.... Like the Tories, they offered an “industrial strategy” through which government – long depicted by free-marketeers as largely irrelevant or actively harmful – would help modernise the economy. And like the Tories, Labour said companies should no longer be run primarily for their shareholders, as free-market doctrine has insisted since the early 80s, but also for the benefit of their employees, customers and the public as a whole. ...
Sports Direct loses biggest independent investor image
Source : Guardian [Read Article] Thursday 3rd of August 2017 05:40:54 PM
....Both had been vocal critics of the firm, which on Thursday released its annual report before the annual meeting next month. The future of chairman Keith Hellawell hangs in the balance after he promised to step down if most of the minority shareholders did not back his re-election. ...
Executive wages may have fallen, but the case for pay ratios is even stronger image
....We’ve seen a similar plot line in the past. The ill-named “shareholder spring” of 2012, which saw a few (but not, in fact, very many) investor rebellions over pay, coincided with Vince Cable, business secretary in the coalition government, getting angry about boardroom pay. ...
London’s reputation at risk from watering down City rules, IoD warns image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 05:01:38 AM
.... Attracting leading firms from around the world to list on the London Stock Exchange will be increasingly important, and this could include sovereign-owned companies,” said Stephen Martin, the director general of the IoD. The group said the proposals did little to address the risks associated with sovereign-controlled companies, including political interference and the ability of national governments to undermine the rights of minority shareholders and the authority of directors. ...
Angry at British Gas price hike? Save your fury for the government image
Source : Guardian [Read Article] Tuesday 1st of August 2017 07:12:54 PM
....To put it mildly, the situation is unusual. But the AA can’t expect shareholders to be satisfied with silence. ...
HSBC shows what happens when a bank stops shooting itself in the foot | Nils Pratley image
.... The cleanup of HSBC – forced by past scandals, notably the £1. 2bn fine in the US for money-laundering offences plus tax avoidance scams in Switzerland – is finally delivering for shareholders. ...
HSBC chief sounds alarm over financial regulation and Brexit image
Source : Guardian [Read Article] Monday 31st of July 2017 07:02:10 AM
.... Implementing these rules, which ring-fence high street bank operations from riskier investment banks, has cost £500m and involved 2,000 staff. Stuart Gulliver, the bank’s chief executive, focused on the amount paid out to shareholders in the last year. ...
Why is Google spending record sums on lobbying Washington? image
Source : Guardian [Read Article] Sunday 30th of July 2017 11:00:18 AM
....For years, banks, oil companies and defense contractors dominated the Washington lobbying business. Because controlling government regulation and government contracts was key to their business success, shareholders saw the expenditure of millions a year on lobbyists and political contributions as an unavoidable cost of doing business. ...
'No more brilliant jerks' – Arianna Huffington ushers in the new Uber image
....At the staff meeting, she spoke about the results of the investigation and explained how the then CEO, Kalanick, would be taking an indefinite leave of absence. Kalanick would resign days later under pressure from shareholders, and with a nod of approval from Huffington. ...
Leasehold tycoon: man whose firms control 40,000 UK homes image
Source : Guardian [Read Article] Saturday 29th of July 2017 07:00:44 AM
.... Tuttiett is the sole director of the company, which has no other employees. The financing of Tuttiett’s property empire is helped by low-interest loans totalling £336m made by an insurance company, Rothesay Life, spun out of Goldman Sachs, in which the US investment bank remains the largest shareholder. ...
BT profits dive by 40% after £225m payout over Italian scandal image
Source : Guardian [Read Article] Friday 28th of July 2017 06:49:04 AM
. BT’s profits fell more than 40% in the first quarter of its new financial year after it was forced to pay out £225m to two shareholders following the accounting scandal at its Italian operation. ...
Sports Direct increases French Connection stake to 27% image
Source : Guardian [Read Article] Thursday 27th of July 2017 05:16:36 PM
....Sports Direct has bought out activist investors, including Gatemore Capital Management – a London-based hedge fund that had an 8% stake – and OTK, an investment firm that owned about 7%, to add to an existing 11% stake. Under takeover rules, a shareholder owning shares worth 30% or more of a company’s stock must launch a formal takeover bid. ...
Richard Branson cedes control of Virgin Atlantic image
Source : Guardian [Read Article] Thursday 27th of July 2017 05:01:06 PM
....Branson will net £220m from the deal to sell the 31% stake to Air France-KLM and remain as chairman of the airline. He retains a 20% interest, leaving the US giant Delta as the largest shareholder in Virgin Atlantic with 49%. ...
Amazon founder Jeff Bezos – briefly – becomes world's richest man image
Source : Guardian [Read Article] Thursday 27th of July 2017 04:20:59 PM
....Amazon floated on the stock market in 1997. Every year Bezos reprints the letter he sent to shareholders that year, insisting it is only Day 1 for the company and pledging to focus on the long-term and be the market leader. ...
AstraZeneca boss Pascal Soriot's 'pivotal' year is turning out horribly | Nils Pratley image
.... Rewarding success before it has happened doesn’t have to be. The state is no longer a shareholder, but some things never change at Lloyds Banking Group. ...
France nationalises strategic shipyard to thwart Italian ownership image
Source : Guardian [Read Article] Thursday 27th of July 2017 12:12:15 PM
.... Paris is also concerned about a site of such strategic and defence importance coming under the control of Italy’s state-owned Fincantieri. Although Macron has sought to liberalise swaths of the economy, he also has been involved in the French state’s tradition of intervention in business: as a former economy minister he forced through a shareholder vote to allow more state control of Renault. ...
Charles Tyrwhitt founder, Nick Wheeler: 'I'm allergic to bureaucracy' image
Source : Guardian [Read Article] Thursday 27th of July 2017 06:00:42 AM
.... Hares rush, rush, rush – almost before they’ve even got the idea, they’re raising money. And then they are getting outside shareholders. ...
Greece's €3bn bond sale doesn't mean its debt crisis is at an end | Nils Pratley image
.... He’s putting it mildly. Safestore, in its second attempt to win over shareholders, secured a narrow victory on Tuesday – 51% of votes were in favour and 49% against. ...
Debt-ridden families a ticking time bomb for EVERYONE in Britain, Bank of England warns image
.... Lenders can lose none on the contracts if car prices fall - even if borrowers make all repayments. He said “The banks that are involved, as well as the shareholders of car companies, will want to think very carefully about the risks. ...
How a father's tragedy moved the Teamsters to fight an opioid distributor image
....The largest drug distributor in the US has been accused by the Teamsters union of a pivotal role in the country’s opioid epidemic. The union is urging shareholders to force a public reckoning this week, a move prompted by one member’s heartrending account of the death of his son. ...
Jimmy Choo auctioned off to US fashion brand Michael Kors for £900m image
Source : Guardian [Read Article] Tuesday 25th of July 2017 08:00:16 AM
....After a somewhat acrimonious departure, Mellon last year unsuccessfully sued her former employer for millions of pounds in damages claiming it had tried to sabotage her new business, a luxury footwear bearing her own name, by allegedly trying to prevent its suppliers from producing her designs. Jimmy Choo’s majority shareholder JAB Luxury, the investment arm of Germany’s billionaire Reimann family, put the firm up for sale in April. ...
Bank of England warns of complacency over big rise in personal debt image
Source : Guardian [Read Article] Monday 24th of July 2017 05:40:59 PM
....The past decade has seen the number of cars bought with a personal contract purchase (PCP) plan – under which the car is effectively leased – increase from one in five to four in five. Companies risk losing money if used car prices fall and Brazier said banks involved and the shareholders of car companies would “want to think very carefully about the risks”. ...
Wall Street duo make $150m each on back of Trump election victory image
Source : Guardian [Read Article] Monday 24th of July 2017 10:36:39 AM
....Credit Suisse boss Tidjane Thiam, who previously ran UK insurer Prudential, was paid $9. 9m, after outraged shareholders forced the Swiss bank to cut planned bonuses for him and his top executives by 40%. ...
Jared Kushner sealed real estate deal with oligarch's firm cited in money-laundering case image
.... For the Russians, it was an opportunity to push back against stringent US sanctions that had long infuriated the Kremlin. In court documents, US prosecutors accused Prevezon and its sole shareholder, Denis Katsyv, of participating in the laundering of proceeds of the vast tax fraud that stole $230m from the Russian treasury and moved it out of the country in chunks. ...
Private equity houses offer £3bn for payments processor Paysafe image
Source : Guardian [Read Article] Friday 21st of July 2017 01:46:49 PM
.... Private equity houses are also interested, not only Blackstone and CVC but also Permira, which is taking a stake in a the Swedish business Klarna. Paysafe said there was no certainty that a formal offer would be made but its largest shareholder, Old Mutual, which owns 10% of its shares, was backing the offer. ...
The promise of a new era at Sports Direct must also mean new personnel image
Source : Guardian [Read Article] Thursday 20th of July 2017 06:48:36 PM
....There there’s the impossible-to-ignore continuing presence of Keith Hellawell as chairman. Independent shareholders, angry after years of governance mishaps, voted against Hellawell last September. ...
Culture secretary keeps Rupert Murdoch waiting over Sky deal image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:26:27 AM
....”. Sky shareholders can look forward to a £172m special dividend, which the satellite company said it would pay out if the deal did not complete this year. ...
Mike Ashley brushes off 60% dive in profits as shares in Sports Direct rise image
....7m in the year to the end of April. Ashley, the company’s billionaire founder, chief executive and majority shareholder, blamed the fall in profits on the decline in the value of the pound against the dollar, which he said had a “significant impact”. ...
British American Tobacco to acquire Reynolds as activists decry merger image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:51:28 PM
. British American Tobacco (BAT) has come under fire from health campaigners after shareholders approved its buyout of American firm Reynolds on Wednesday, which will create the world’s biggest tobacco company. ...
We can only address pay imbalances if we can see them | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:43:44 PM
....When Imperial Brands, the cigarette firm, wanted to boost the pay package of its chief executive, Alison Cooper, this year it argued that she was being paid “significantly below the average for companies of our size”. The plea, thankfully, was rejected by shareholders who noted that Cooper had collected £18m over six years so was not in a position to plead poverty. ...
British Airways cabin crew extend strike into August holiday peak image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:25:45 PM
....”. Unite has also launched legal action against the government, claiming it breached European regulations in allowing BA to lease nine aircraft and cabin crew from Qatar Airways – a 20% shareholder in BA’s parent company, IAG. ...
Peer-to-peer lender Ratesetter hit by £80m of struggling loans image
Source : Guardian [Read Article] Tuesday 18th of July 2017 07:37:39 PM
....A further £32m has been loaned via George Banco, a provider of consumer credit, in which Ratesetter had taken an equity stake. Ratesetter now says it is withdrawing from its partnership with the company and will only be a “passive shareholder in the business”. ...
HBOS inquiry: the time for delays is over | Nils Pratley image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:28:07 PM
.... It’s a UK storage business. The Safestore chairman, Alan Lewis, argues the scheme is good for shareholders but concedes that “the current backdrop around executive remuneration and public sentiment is not conducive to such change. ...
Netflix tops 100m subscribers as it draws worldwide audience image
Source : Guardian [Read Article] Tuesday 18th of July 2017 09:49:29 AM
....For founder Reed Hastings, the continued success of the business the soaring number of subscribers is continued proof that his vision of pick-and-mix TV on demand will replace traditional scheduled TV. “Creating a TV network is now as easy as creating an app, and investment is pouring into content production around the world,” he said in a letter to shareholders on Monday. ...
The scandal of big tobacco’s behaviour in the developing world | Letters image
....For example, after Philip Morris challenged Uruguay and Australia for introducing graphic warnings on cigarette packaging and plain packaging respectively, Costa Rica, Paraguay and New Zealand delayed introducing similar measures. Philip Morris lost that case, but big tobacco is still attempting to bully (particularly low and middle income) countries that attempt to put the health of their citizens before shareholder profit. ...
HS2 contracts worth £6.6bn awarded by UK government image
Source : Guardian [Read Article] Monday 17th of July 2017 08:08:45 AM
.... The firm announced it had appointed accountancy firm EY to support a strategic review of the business. City analysts said the win was “encouraging” for Carillion’s shareholders, but remained sceptical about the firm’s outlook. ...
Carolyn McCall to become ITV chief executive image
Source : Guardian [Read Article] Monday 17th of July 2017 06:15:51 AM
....McCall was also active in the sale of a stake in Trader Media Group, parent of AutoTrader, to Apax for £675m, and acquiring Emap’s business-to-business magazine and events arm, which included the Cannes Lions advertising festival, alongside Apax for £1bn. She is also a non-executive director at Burberry, where last week a third of shareholders failed to back the luxury brand’s remuneration report in a protest over high pay. ...
Investors received record-breaking dividends in 2017, research shows image
Source : Guardian [Read Article] Monday 17th of July 2017 06:01:43 AM
....The growth, which has come on top of rising share indices during 2017, is attributed to high special dividends and large gains because of movements in foreign exchange rates. After stripping out one off payments via special dividends, underlying receipts to shareholders rose by 12. ...
JP Morgan chief blasts US dysfunction: 'It's almost an embarrassment being American' image
....The JP Morgan chief has become increasingly outspoken on political issues since the election. In his letter to shareholders, released in April, he took some subtle – and some not so subtle – swings at the Trump administration. ...
Jeremy Clarkson TV firm made £8m profit after Amazon's Grand Tour image
Source : Guardian [Read Article] Friday 14th of July 2017 10:09:41 AM
....39m in pre-tax profits from the point of incorporation in November 2015 to the end of last year. The post-tax profit – effectively the funds in the pockets of the shareholders – came to £6. ...
Post-Brexit London is open for business (no matter how grubby) image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:21:05 PM
....The problem with this relaxed view is that the FCA’s proposed change makes London look ridiculous. The definition of a “premium” listing is well understood and was established by hard experience of how outside investors can be abused by a single controlling shareholder. ...
City regulator plans rule change to allow Saudi oil giant's $2tn float in London image
.... The company could be valued at $2tn – a huge price tag that would also generate hundreds of millions of dollars in fees for investment bankers, lawyers and other professional firms involved in stock market flotations. However, investors immediately warned that the FCA’s proposal to create a new category for firms controlled by a shareholder that is a sovereign country could damage London’s reputation for protecting shareholders in companies that have dominant owners. ...
One in three Burberry shareholders revolt against executive pay deal image
Source : Guardian [Read Article] Thursday 13th of July 2017 03:37:20 PM
. A third of Burberry’s shareholders have failed to back the luxury brand’s remuneration report in a protest over high pay. ...
Uber’s practices are morally unacceptable – but a boycott won’t help | Hannah Lownsbrough image
....Politicians are right to condemn companies such as Uber, but not using the app will not solve the problems posed by the gig economy. Instead we need to use our power as customers, workers and shareholders to force tech giants to change their behaviour and their business models. ...
The rehabilitation of RBS is painful, costly – and nowhere near over | Nils Pratley image
.... So, yes, if one takes the cheerful view, another “legacy issue” – as the bank’s chief executive, Ross McEwan, calls them – is being resolved. Bring on the dividends for us shareholders, then? Unfortunately not – or not yet. ...
Burberry drops plans to redevelop Leeds mill despite pick-up in sales image
Source : Guardian [Read Article] Wednesday 12th of July 2017 01:52:25 PM
....The arrival of new chief executive Marco Gobbetti last week could well lead to a change of plan from that laid down by Christopher Bailey, the Yorkshire-born former chief executive and creative director who has now become president of the business. Gobbetti is expected to address shareholders publicly for the first time on Thursday at Burberry’s annual meeting where there is expected to be debate over hefty pay packages for Bailey and Brown. ...
Threats, bullying, lawsuits: tobacco industry's dirty war for the African market image
....Later this month, BAT is expected to become the world’s biggest listed tobacco firm as it completes its acquisition of the large US tobacco company Reynolds in a $49bn deal, and there are fears over the extent to which big tobacco can financially outmuscle health ministries in poorer nations. A vote on the deal by shareholders of both firms is due to take place next Wednesday, simultaneously in London at BAT and North Carolina at Reynolds. ...

Page rendered in 2.8967 seconds.