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Portugal Telecom SGPS shareholders propose new CEO

2015-05-08 15:23:01| Telecom - Topix.net

The leading shareholders of holding company Portugal Telecom SGPS have proposed replacing chief executive Joao Franco Mello with Luis Palha da Silva, the former head of retailer Jeronimo Martins and board vice-president at oil company Galp. Portugal Telecom said in a statement the proposal was backed by Grupo Visabeira, Novo Banco, Oi and RS Holding, who together have more than 35 percent of the company, and it will be voted at a general meeting on May 29. PT SGPS is a holding company that owns a 27.5 percent stake in Brazil's Oi, which in turn holds 10 percent of PT SGPS following last year's ill-fated merger.

Tags: portugal propose ceo telecom

 

Breakingviews: Second-class shareholders

2015-05-08 05:43:42| Trucking - Topix.net

Both 49-year-old Swift Transportation and far younger Facebook face shareholder votes to eliminate their dual-class share structures. Rob Cox and Jeffrey Goldfarb explain the significance.

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Children's Place shareholders reiterate board nominees

2015-05-06 12:03:10| Daily apparel & textile news and comment - from just-style.com

In a proxy statement to the US Securities and Exchange Commission, shareholders of The Children's Place have formally nominated two candidates they believe should be appointed to the board.

Tags: place board shareholders childrens

 

Shareholder Alert: Levi & Korsinsky, LLP Notifies Shareholders of...

2015-05-05 08:46:18| Agriculture - Topix.net

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cadiz Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of June 23, 2015 - CDZI To: All persons or entities who purchased or otherwise acquired securities of Cadiz Inc. between March 10, 2014 and April 21, 2015 . You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California.

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Warren Buffett celebrates 50 years of success at shareholders love-in

2015-05-03 23:13:59| Railroads - Topix.net

Berkshire Hathaway CEO Warren Buffett talks to reporters prior to the Berkshire annual meeting in Omaha, Nebraska May 2, 2015. The meeting had a more festive air this year, with more than 40,000 people attending.

Tags: years success warren shareholders

 

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