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Posts related to ‘Shareholder Issues’

Icahn Blasts Forest Labs’ Directors

Posted: July 17, 2012 at 1:52 pm

In an open letter to the board of directors of Forest Laboratories Inc. (NYSE: FRX), activist investor Carl Icahn doesn’t beat around the bush: Your recent letter has taken things ...
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Salvation For P&G Seems Premature and Already Extended (PG, KMB, CLX, CL)

Posted: July 13, 2012 at 10:29 am

There is good news for defensive consumer products and high dividend investors: change is likely coming in some form at Procter & Gamble Co. (NYSE: PG).  The market value as ...
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Icahn Tries End-around in Proxy Fight with Forest Labs CEO/Chairman

Posted: July 12, 2012 at 10:06 am

Activist investor Carl Icahn has sent a letter to the non-executive members of the board of directors of Forest Laboratories Inc. (NYSE: FRX) asking them avoid a protracted proxy fight ...
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Walgreens Taps Former McDonald’s CEO as Chairman

Posted: July 12, 2012 at 9:40 am

The former CEO of McDonald’s Corp. (NYSE: MCD), James Skinner, has been named the new non-executive chairman of the board of Walgreen Co. (NYSE: WAG). Skinner replaces Al McNally who ...
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Five Great Stocks Entering a Dividend Bubble

Posted: July 11, 2012 at 6:13 am

Income investors need to be careful with some of the best companies in America. A dividend bubble appears to be forming in many great stocks. Dividends have been one of the ...
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One Healthcare Merger Driving Consolidation Wave

Posted: July 9, 2012 at 10:10 am

Now that the healthcare constitutionality argument has passed, healthcare and insurance providers are consolidating.  WellPoint Inc. (NYSE: WLP) just announced that it was acquiring AMERIGROUP Corporation (NYSE: AGP) in a $4.9 billion ...
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Cost Plus Shareholders Tender Shares in Takeover

Posted: June 29, 2012 at 11:16 am

Retailer Bed, Bath & Beyond Inc. (NASDAQ: BBBY) announced this morning that its tender offer of $22/share for Cost Plus Inc. (NASDAQ: CPWM), which expired last night, garnered approximately 92% ...
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Assessing Criminal Damage Versus Financial Damage At Barclays

Posted: June 28, 2012 at 3:48 pm

Jamie Dimon is probably glad to hear that Barclays PLC (NYSE: BCS) is more prominently in the news over LIBOR manipulation.  The reaction in shares of Barclays has been similar to ...
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Net Interest Margin To Hurt Regional Bank Earnings To 2013-2014

Posted: June 28, 2012 at 10:08 am

The low-rate environment is going to continue taking a toll on bank earnings.  Credit Suisse has a report this Thursday showing some ongoing caution in the regional banking sector.  The ...
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Glencore, Xstrata Merger on the Rocks (GLCNF, XSRAY, BHP, VALE, RIO)

Posted: June 28, 2012 at 7:47 am

The announcement last February that Glencore International AG (OTC: GLCNF) would acquire mining giant Xstrata plc (OTC: XSRAY) has always faced one very big problem: just 17% of Xstrata shareholders ...
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RIM Deathwatch: Maria Bartiromo Dumps BlackBerry for iPhone

Posted: June 22, 2012 at 5:54 pm

Research in Motion Ltd. (NASDAQ: RIMM) just lost one of its biggest fans. If you have been watching CNBC for years, you know by now that many of the anchors ...
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Forest Oil Dumps CEO; Shares Pop (FST, LPR)

Posted: June 22, 2012 at 1:07 pm

Independent oil & gas producer Forest Oil Corp. (NYSE: FST) replaced its CEO this morning with an interim chief executive from its own board of directors. The departing CEO, H. ...
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Why Google’s Annual Shareholder Meeting Just Does Not Matter (GOOG, FB, YHOO, MSFT)

Posted: June 21, 2012 at 12:19 pm

Google Inc. (NASDAQ: GOOG) is hosting its annual shareholder meeting today at 2:00 PM local time (5:00 PM EST).  Investors should really consider something here: today's annual shareholder meeting just ...
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Credit Suisse Highlights Margin Risks in NGL MLP’s (DPM, TRGP, NGLS, AMJ, AMLP, KYN)

Posted: June 21, 2012 at 11:18 am

The world of the high-payout Master Limited Partnerships, or MLPs, has help up rather well against the drop in oil prices.  That should be somewhat expected since these are generally ...
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New Chairman, Directors at Chesapeake

Posted: June 21, 2012 at 10:25 am

Chesapeake Energy Corp. (NYSE: CHK) announced this morning that the new independent, non-executive chairman of the company’s board of directors will be Archie W. Dunham, former chairman and CEO of ...
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