Come for the billionaire (not so?) odd-couple story, stay for the bizarre ping-pong photo! A fun read, and I've bee… https://t.co/DhHNksco1x— 6 days 22 hours ago via@theofrancis
The science behind the Biden administration’s plan to sharply cut nicotine in cigarettes -- very smart & informativ… https://t.co/6irDxpBf8g— 1 week 2 hours ago via@theofrancis
@TimJHanrahan They have the pay the guy with the fishing pole, and it isn't easy keeping track of that mayo if you aren't going to cage it.— 1 week 7 hours ago via@theofrancis
RT @EmilyGlazer: Buffett hasn’t revealed publicly how his estate will be divided but officials at the Gates Foundation & Susan T. Bu… https://t.co/qO8NAxW129— 1 week 8 hours ago via@theofrancis
A little-known Buffett family foundation that supports abortion rights is making plans for a possible windfall afte… https://t.co/jDMBGN4536— 1 week 8 hours ago via@theofrancis
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The hedge fund manager William A. Ackman would have a pretty good shot at agitating for change at a company like ADT, according to an analysis. A company like FedEx would be a harder target.
As the activist investor William A. Ackman hunts for his next target, a favorite guessing game on Wall Street is to see what company he will pick next to agitate for change.
Advanced Micro Devices (AMD) is in a frustrating pickle. The US chipmaker wants to issue up to 16.5 million new shares so it can pay its executives in stock options and restricted shares. Shareholders have voted more than 85% in favor of the plan. And yet AMD can’t go ahead. Or rather, it can—with a hefty price tag.
We recently told you about four companies ignoring their shareholders’ votes. One was Hecla Mining, a silver producer that held the polls open longer than planned when it looked like shareholders were going to reject management’s pay package.
The vote is only advisory, but Hecla’s stalling worked: Instead of failing 49.6% to 46.7%, the company’s say-on-pay vote passed with 53.7% of the vote.