Tag Archives: annual meeting
Tollgrade Communications challenges independence of nominees for board
Pittsburgh Tribune Review – Tollgrade Communications Inc. is challenging the independence of two nominees for seats on its board of directors because a dissident hedge fund group is paying them to run as part of its bid for control. Tollgrade, […]
Hedge funds to face more scrutiny after Europe squeeze
Wealth Bulletin – Regulators will this week agree broad principles for clamping down further on hedge fund managers, after the European Commission proposed more draconian constraints on their activities. At the 34th annual meeting of the International Organisation of Securities […]
Unison Capital raises Aderans share offer by 20%
Reuters Tokyo – Japanese equity fund Unison Capital said on Monday it has raised its planned offer for shares in wig maker Aderans Holdings by 20 percent to 1,200 yen per share. Unsion Capital and Aderans are locked in a […]
Speedo-Wearing Bankers Descend on Perfect Beach
Bloomberg – An Indonesian beach isn’t the first place you’d look for clues about the trajectory of Asia’s economies. Here on the island of Bali, there are myriad ones. They are bankers, many of American and European origin. The financiers […]
Citi Shareholders Show Rage at Annual Meeting
BusinessWeek – The anger was evident at Citigroup’s annual meeting on Apr. 21, where shareholders took turns at the microphone to object to how the bank has been operating. The meeting is usually a well-attended affair lasting many hours as […]
Hedge fund, Target take off gloves in proxy fight
Reuters – The battle for board seats at Target Corp heated up on Tuesday when Pershing Square Capital Management called the current directors "suboptimal" after the retailer said the hedge fund has a "risky agenda. The New York-based hedge fund, […]
Fed, ECB prepare to tackle deflation head-on
Reuters – Officials from the Federal Reserve and the European Central Bank on Sunday vowed to fight the damaging effects of deflation as the global economy suffers a deep and lengthy recession. In just a few months, central bankers’ concerns […]
