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Pep Boys avoids fight with biggest shareholder

2015-06-11 20:17:00| Auto Parts - Topix.net

The largest shareholder of Pep Boys Manny, Moe & Jack has won a fight to add three members to the company's board of directors following a months-long, back-and-forth contest between the two parties. The settlement avoids competing slates of board candidates at Pep Boys' annual shareholder meeting in July.

Tags: boys fight biggest shareholder

A perfect example of how America has forgotten what 'shareholder value' really means

2015-06-09 20:52:10| Automakers - Topix.net

After years of using the term "shareholder value" to mean everything from stock buybacks to firings of entire company boards, America has totally forgotten what it means. Fiat Chrysler CEO Sergio Marchionne is reaching out to all the muscle he knows - the big shareholders, the activist hedge funds - to see if anyone will help him force General Motors to merge with his company.

Tags: what means value really

Eli Lilly and major shareholder Lilly Endowment Inc Sells 200,000 Shares

2015-06-06 06:55:55| Food - Topix.net

Eli Lilly and major shareholder Lilly Endowment Inc sold 200,000 shares of Eli Lilly and stock on the open market in a transaction dated Thursday, June 4th. The shares were sold at an average price of $77.90, for a total transaction of $15,580,000.00.

Tags: major shares sells eli