Tag Archives: shareholders

Big U.S. banks await OK to deliver dividends to shareholders

What will President Trump mean for stocks? Investors are set to find out whether America’s biggest banks are cleared to give thema hefty dividend boost. The Federal Reserve on Wednesday will disclose if 34 of the country’s banks will be granted permission to buy back stock or pay dividends to shareholders. The verdict is part of the Fed’s yearly financial health checkup on banks like JP Morgan Chase(JPM), Bank of America(BAC) and Wells Fargo(WFC) to determine if firms are strong enough to weather a severe financial crisis while still being ...

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EpiPen maker's $98 million payout is just way too much, shareholders say

Mylan CEO grilled by Congress over EpiPen price hikes EpiPen maker Mylan got a rare scolding from shareholders who are fuming over a $ 98 million pay package for its former CEO. A majority of Mylan shareholders on Thursday rejected the drug company’s 2016 plan for paying its executives. Critics have blasted the plan as outrageous given the controversy over EpiPen price hikes. It’s highly unusual for investors to vote down “say-on-pay” proposals. The Mylan vote signals deep dissension over the $ 98 million in compensation awarded to former CEO ...

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Health care battle continues; 2 more confirmation hearings; Starbucks' shareholders meeting

1. The battle over health care continues: This week, health care is expected to be the hottest topic once again. On Friday, Donald Trump met with Republican legislators and said he was open to changes to the Republicans’ health care bill currently being considered by Congress. The bill, called the American Health Care Act, has been criticized from both sides of the aisle. Conservative Republicans, including Republican Senators Tom Cotton and Rand Paul have said the bill is too similar to the Affordable Care Act (better known as Obamacare) that ...

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Time Warner shareholders vote to approve AT&T merger

Time Warner shareholders cast a resounding vote on Wednesday in support of the company’s proposed $ 85.4 billion merger with AT&T, setting the stage for the federal government’s review of the deal. The vote was held at a special meeting in Atlanta with shareholders for Time Warner, which is the parent company of CNN, HBO, TNT and others. The company’s CEO Jeff Bewkes said in a statement that “78% of our outstanding shares” voted in favor of the merger, “and of the shares voted, 99% were cast in favor of ...

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Verizon strikers take their fight to shareholders

Thousands of Verizon workers walk off the job Verizon strikers want shareholders to fight for them at the company’s upcoming annual meeting. The Communication Workers of America, who have been on strike since April 13, say they will want shareholders to vote to cap executive pay and shares. They also want to require that the board chair be an independent director. Let’s block ads! (Why?) Latest financial news – CNNMoney.com

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