Tag Archives: SHAREHOLDER

[unable to retrieve full-text content]Wall Street’s top bosses tested by shareholder proposals to strip them of power  Yahoo Finance Source link

Yandex N.V. announces results of Shareholder Meetings and provides update on proposed divestment AMSTERDAM, the Netherlands — March 7, 2024 — Yandex N.V. (NASDAQ: YNDX) (the “Company” or “YNV”), the Dutch parent company of the Yandex Group, today announced that all resolutions proposed at the Meeting of Holders of Class A Ordinary Shares (the “Class A Meeting”) and the Extraordinary General Meeting of Shareholders of the Company (the “EGM”), both held on March 7,… Source link

Shares of Taboola.com Ltd. skyrocketed 53.3% to pace all premarket gainers Monday, after the provider of recommendations for online editorial content and advertisements announced an exclusive 30-year commercial agreement with Yahoo. As part of the agreement, Taboola will power native advertising across all Yahoo digital properties, which is expected to drive more than 800 billion impressions, and Yahoo will receive 24.99% of Taboola’s outstanding shares, which would make Yahoo the… Source link

Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link

Google and Amazon are both set to help build “Project Nimbus,” a mammoth new cloud computing project for the Israeli government and military that is spurring intense dissent among employees and the public alike. Shareholders of both firms will soon vote on resolutions that would mandate reconsideration of a project they fear has grave human rights consequences. Little is known of the plan, reportedly worth over $1 billion, beyond the fact that it would consolidate the Israeli… Source link

By Jonathan Stempel (Reuters) – Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025. In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade a quick merger because Musk had agreements with other big Twitter shareholders, including his financial adviser Morgan Stanley and Twitter founder Jack Dorsey, to support… Source link

Berkshire Hathaway (BRK-A, BRK-B) kicks off its first in-person shareholder since 2019, bringing droves of investors to downtown Omaha, and one longtime investor explained why shareholders are so dedicated to the company. Despite Warren Buffett and Charlie Munger’s prominence as spokespeople of the company, it isn’t just about them, Garner Russo Managing Member Tom Russo told Yahoo Finance Live (video above). “What sets Berkshire apart from other companies,” Russo said, “is that the culture is… Source link

Elon Musk says he is a free-speech absolutist.Jae C. Hong/AP Elon Musk, who has a 9.2% stake in Twitter, is no longer its largest shareholder. Vanguard Group said its funds now own a 10.3% stake, according to a recent SEC filing. Musk said on Thursday he’s “not sure” if his $43 billion takeover bid for Twitter will be successful. Elon Musk has lost his position as Twitter’s largest shareholder as he attempts to buy the company in a $43 billion deal. The Tesla and SpaceX boss said in early April… Source link

By Nivedita Balu (Reuters) – Tesla Inc boss Elon Musk on Monday disclosed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a rise of more than 27% in the company’s shares. Musk’s move, revealed in a regulatory filing, comes on the heels of his tweet that he was giving “serious thought” to building a new social media platform, while questioning Twitter’s commitment to free speech. He also started a poll asking Twitter… Source link

By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk and reduce greenhouse gases, and improve diversity. The company, run by Buffett since 1965, also said the 91-year-old received $373,204 in compensation for 2021, down from $380,328 a year earlier, comprising his usual $100,000 salary plus personal and home security. Though Buffett’s… Source link