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Tag Archives: Shareholder

General Electric wins partial rejection of shareholder lawsuit

NEW YORK (Reuters) – A federal judge in Manhattan on Thursday partially dismissed a lawsuit filed by investors in General Electric Co, which accused the company of hiding $ 24 billion in insurance liabilities and using fraudulent accounting, to drive forward its electricity business. FILE PHOTO: The General Electric Co. logo is on the company's headquarters in Boston, Massachusetts, on …

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Amazon's 1997 shareholder letter was reportedly co-written by Joy Covey

In 2019, Amazon is one of the largest companies in the world. The company has dramatically evolved from its original role as an online bookstore – Amazon now sells everything, from food to the home. The cloud computing business drives large parts of the internet. The divorce of the CEO is title page. When the company's first letter was introduced …

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Canopy Growth and Acreage Holdings Marijuana Deal Gets Shareholder Approval

Photographer by Chris Roussakis / Bloomberg            Text size Canada's leading marijuana producer             Canopy Growth                    said Wednesday that shareholders approved its deal to acquire the American cannabis chain Acreage Holdings-contingent on the U.S. legalizing the growth, sale, and possession of the drug. While legal in the states where Acreage operates, marijuana is still illegal under U.S. federal law. Over …

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Elon Musk, CEO of SpaceX, points out the global reach of Starlink at the Tesla Shareholder Meeting

At the annual shareholder meeting in Tesla, CEO Elon Musk – also CEO of SpaceX – spoke briefly about his space company's ambitious Starlink program and discussed how he believes the satellite constellation can not support more than 3-5% of the world's population. On May 23, SpaceX successfully launched 60 0.9 Starlink satellites weighing up to 18.5 tonnes in LEO, …

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Tesla shareholder T. Rowe Price cut its stake to the start of 2019

Photo by Scott Olson / Getty Images Text size One of Tesla is The largest shareholders cut their holdings in the electric car maker in the first quarter in line with regulatory requirements. The funds managed by the T. Rowe Price Group reduced their holdings of the company's stock by nearly 7.4 million shares in the first quarter, according to …

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Bitfinex shareholder launches pre-orders for public sale of Exchange tokens

Although Bitfinex's parent company, iFinex, has not released any official white paper on the exchange brand offer, one of its shareholders has already launched pre-orders for brand sales. On May 4, Renrenbit, a Bitfinex shareholder Dong Zhao-founded crypto-lending application, began pre-orders from users wishing to participate in the public phase of the upcoming $ 1 billion stock market sale target …

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Tesla goes without Elon Musk as CEO: shareholder

Tesla's largest outside shareholder believes the automaker will be fine if the Securities and Exchange Commission decides to ban Elon Musk from his role as chief executive officer. "We would not mind him playing another role." James Anderson, CEO of Baillie Gifford, said in an interview: "I do not think he needs to be CEO," Anderson told Barron ; s …

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Takeda receives shareholder approval for Shire Megadeal

Shareholders of Takeda Pharmaceutical Co. voted for their mega deal to buy Europe's Shire PLC on Wednesday. An opposition campaign was attempted in an attempt to prevent the largest acquisition of a Japanese company overseas. At least 88% of the votes cast had been cast, according to Takeda, against a group of long-standing shareholders who had stood up to block …

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Unilever has Plan consolidated in the Netherlands in the midst of shareholder movement

LONDON- Unilever UL -2.43% PLC announced on Friday its plan to consolidate its UK and Dutch operating companies after encountering resistance from some of its largest investors. According to the plan, the maker of Hellmann's mayonnaise and Ben & Jerry's ice cream would have ended its double-list structure and abandoned its London headquarters in favor of Rotterdam. The reversal represents …

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Unilever has Plan consolidated in the Netherlands in the midst of shareholder movement

LONDON- Unilever UL -2.43% PLC announced on Friday its plan to consolidate its UK and Dutch operating companies after encountering resistance from some of its largest investors. According to the plan, the maker of Hellmann's mayonnaise and Ben & Jerry's ice cream would have ended its double-list structure and abandoned its London headquarters in favor of Rotterdam. The reversal represents …

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