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Canada Revenue Agency sought a court order against RBC to compel disclosure after Panama firm linked to tax evasion and the bank will not challenge it
Also the bitcoin guy, Apple moonshots, IEX, unicorns and liquidity.
Creditors claimed they deserved to be paid interest on bonds from date Nortel filed for bankruptcy protection
Chipotle Mexican Grill, Inc $CMG Vote AGAINST pay, comp com, audit chair, fake mgt reforms; FOR all shareholder props, especially genuine proxy access.
As U.S. corporations face the later stages of a prolonged economic recovery, with the prospect of slow growth, a number of strategies have been considered to meet the challenge of producing meaningful profit improvement in a short timeframe—with corporations increasingly turning to tax inversion transactions (for the dramatic and immediate reduction of tax expense) and mergers (for the significant expected synergies). At the same time, the U.S. government has evidenced rising skepticism toward inversions and mega-mergers.
FireEye CEO David DeWalt is stepping down, replaced by Mandiant founder Kevin Mandia as Q1 sales and Q2 guidance missed Wall Street views.
Richard Meeusen stands to bring home a hefty severance package if he loses his job in a sale of Badger Meter.
Reckitt Benckiser Group Plc shareholders protested the 23.2 million-pound ($33.6 million) pay package for chief Rakesh Kapoor, the latest sign of growing investor discontent at hefty executive compensation.
New regulatory proposal to put distribution of cash over 50 percent of net assets to shareholder vote
Billionaire trader Stanley Druckenmiller warned Wednesday that this moment reminds him of the period before the 2008 financial crisis.
We have previously written about how, over the past few years, the SEC and other regulatory agencies have devoted substantial resources to investigations regarding allegations that public companies have inadequate internal controls and/or a system for reporting those controls. See here, here and here
Serving on a bank board is a tough gig, and the fact that a number of bank directors sit on the boards of four or more public companies is raising questions about whether they are too busy to be good watchdogs.
Shareholders increasingly give thumbs-down on compensation practices, with CP investors voting no
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Boosted by a pivotal CSeries deal with Delta Air Lines (DAL.N), Canada's Bombardier Inc (BBDb.TO) is rekindling sales talks with several U.S. and European carriers, even as it eyes China, the world's fastest-growing aviation nation.
LAVAL — Embattled drug manufacturer Valeant Pharmaceuticals International is revamping the way it prices drugs. The company issued a statement late Thursday saying it is forming a new "patient access and pricing committee" that will be responsible for what it charges for prescription drugs.
New version of Capital Markets Stability Act open for public comment until July 6
Four of the six Agencies have jointly issued a proposed rule implementing Dodd-Frank Act Section 956 regarding incentive compensation paid by covered financial institutions. An earlier version of the rule was proposed in 2011.
Although banking crises are costly, common, and heavily researched, there is surprisingly little research on corporate resilience to systemic banking crises. In an earlier paper, [1] we showed that strong shareholder protection laws mitigate the adverse effects of banking crises by easing the ability of firms to issue equity when crises curtail the flow of bank credit to firms. But, other factors might also shape the ability of corporations to obtain financing during systemic banking crises.
Each of the company's nominees received the favorable support of more than 83% of the shares voted.
Ford Motor is investing $182 million in Pivotal Software, a San Francisco-based cloud software-development tools and services company whose products the auto maker employed in its Ford Pass services.
Telus Corp (T.TO) (TU.N), one of Canada's three big telecom providers, said it would sell a 35 percent stake in outsourcing service provider Telus International, and plans to use the proceeds to expand its wireless and wireline networks.
Hedge-fund manager Zachary Schreiber gave a gloomy warning about the future of the economy of Saudi Arabia, saying it will be “structurally insolvent” in two to three years.
The evidence that share repurchases and seasoned equity offers (SEOs) contain value-relevant information is extensive in the corporate finance literature. In addition, we also know that insider trading is informative about future firm value.
Ackman Defends Valeant From Buffett, Munger Criticism, Stocks: VRX,BRK.A,BRK.B,GS, Bill Ackman,Warren Buffett,Charlie Munger, release date:May 04, 2016
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