A decision to back Paris accord-aligned emissions goals is significant because many investors follow its voting recommendations closely during proxy voting season.
Once among Japan’s most revered companies, Toshiba has been in crisis mode for years due to repeated scandals and management missteps.
Singapore-based 3D Investment Partners is requesting a vote on Toshiba’s proposed split, which must be supported by at least two-thirds of stockholders.
An advisory firm has recommended voting against five board members, including the dropped pair, after a probe found the firm colluded with the government to fix a key shareholder vote.
The investment firm said it was disappointed Toshiba’s chairman didn’t respond to a previous request to run a review.
Activist investor Dan Loeb has disclosed a $1.5 billion stake in Sony Corp. and pushed the company to make dramatic changes, including spinning off its semiconductor business and listing it in Japan. Sony's shares rose 3.1 percent in Tokyo after Loeb's Third Point published a ...
A plan to replace the chief executive officer of Xerox Corp. and several directors fell apart over a technicality, setting the stage for a proxy fight in which activist shareholders will seek to improve the terms of a deal to cede control of the ...
The future of Westinghouse Electric Co.'s global nuclear business now rests in the hands of Brookfield Asset Management Inc.'s private equity arm. Canada's biggest alternative asset manager agreed to buy what remains of the former nuclear energy powerhouse's U.S. business, as well as its non-bankrupt ...
