Oxfam filed shareholder resolutions against oil giants Exxon Mobil Corp (NYSE: XOM), Chevron Corporation (NYSE: CVX), and ConocoPhillips (NYSE: COP), alleging a lack of transparency over their global ...
Tag: Shareholder
Elon Musk testifies in shareholder lawsuit over Tesla compensation package
WILMINGTON, Del. (AP) — Tesla TSLA, -2.01% CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s ...
Devon Energy’s Prospects Seem Bright On Strong Shareholder Return & Balance Sheet, Says Analyst
Raymond James analyst John Freeman reiterated a Strong Buy rating on the shares of Devon Energy Corp (NYSE: DVN) and raised the price target from $83 to $87. The analyst said Devon Energy was the bigg...
Singapore state investor Temasek engaging with FTX as a shareholder: Reuters
Singapore government-owned investment firm Temasek said it’s monitoring the situation with crypto exchange FTX, one of its investments, according to Reuters. “We are aware of the de...
Coinbase Releases Third Quarter 2022 Shareholder Letter
REMOTE FIRST COMPANY/LOS ANGELES–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its third quarter 2022 shareholder letter. The letter, including the...
Digital World SPAC to Rally Shareholder Votes to Extend TMTG Merger
Besides Twitter, other social media platforms also banned the President, as they claimed his comments are divisive and do not align with their core policies. With the December 8 deadline to take the T...
Huobi Global controlling shareholder to sell entire stake to About Capital
As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives. Crypto exchange Huobi Global announced that About Capital...
Trump SPAC adjourns shareholder meeting as it seeks to delay merger deadline
The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year. Leon Neal | Getty Images Digital World Acquisition Corp. ...
Lucid Stock Takes a Tumble. Why? Look at the Shareholder Mix.
Illustration by Elias Stein Text size A sudden drop in Lucid Group ’s stock price highlights a key investing insight: Shareholder mix matters. The electric-vehicle maker’s shares (ticker: LCID) fell 6...
Celsius shareholder BnkToTheFuture set to acquire crypto lender Salt
BnkToTheFuture, an investment platform that allows its clients to invest in crypto, fintech companies and tokens, is set to acquire Salt Lending. According to an announcement today, BnkToTheFuture has...
Bill Gates Is Ecolab’s Largest Shareholder. He Just Scooped Up More Shares.
Text size Microsoft co-founder Bill Gates has been buying shares of Ecolab. Leon Neal/WPA Pool /Getty Images Ecolab ’s largest shareholder, Microsoft co-founder Bill Gates, bought more shares of the p...
Coinbase Execs Face Lawsuit From Shareholder
Key Takeaways A shareholder has filed a derivative lawsuit against Coinbase executives over the company’s 2021 public listing. The suit alleges that mismanagement disrupted Coinbase’s R...
Tencent Eyes Bigger Stake in Ubisoft to Become Largest Single Shareholder
While Ubisoft is at a market valuation of about $5.3 billion, sources revealed based on an internal discussion that Tencent could offer up to 100 euros (101.84) per share to buy a bigger stake. Chines...
Tesla’s shareholder meeting gives investors ‘plenty to be optimistic about’
Tesla’s (NASDAQ: TSLA) Cyber Roundup in Austin, or the annual shareholder meeting, ended on August 4, showing the company highlights from their Q2 earnings. Shareholders approved a 3-for-1 stock split...
Tesla’s Annual Meeting Is Done. Here’s What Happened.
Tesla wants to grow production by 50% a year. It soon may need another plant or major plant expansion to do so. Mario Tama/Getty Images Text size Tesla ’s huge base of retail investors always likes to...
Tesla’s 3:1 Stock Split Wins Shareholder Approval—Here’s What It Means For Investors
Topline Shares of electric vehicle maker Tesla rallied in after-hours trading Thursday as the company won shareholder approval for a 3:1 stock split, the second such move in around two years, as the w...
Tesla Has an Annual Meeting Thursday. What to Watch For.
Text size Tesla convenes its 2022 annual meeting of shareholders on August 4. Mario Tama/Getty Images Tesla ’s huge base of retail investors always like to hear from management and CEO Elon Musk. They...
Apple’s enviable cash hoard is dwindling — and that’s surprisingly good news for the stock price
Apple’s cash position is plunging, and that’s positive for both the business and the company’s shareholders. Yet many investors and Wall Street analysts see signs of trouble that Apple’s AAPL, -0.14% ...