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Activist investors ask United Airlines to change chairman before shareholder vote

2016-03-23 01:13:35| Airlines - Topix.net

The two hedge funds that have launched a boardroom fight with United Continental Holdings Inc on Tuesday called on the airline to immediately appoint one of its two new board members as chairman, according to a regulatory filing. The funds asked that either James Whitehurst, former chief operating officer of Delta Air Lines Inc, or Robert Milton, former CEO of Air Canada, be appointed chairman before shareholders vote on a slate of six other directors that the funds proposed two weeks ago, the filing said.

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Whole Foods' Green Initiatives Will Pay Off for Investors

2016-03-22 22:01:24| Grocery - Topix.net

Whole Foods Market appears to have bottomed over the last few weeks as investors continue to buy into the company's promising "fair play" path. Whole Foods is a strong supporter of products that promote a greener environment and improved animal welfare standards, and recent events suggest that it continues to work toward this path.

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Investors Sell Shares of FedEx Co. (FDX) on Strength Following Insider Selling

2016-03-22 20:44:57| Air Courier - Topix.net

Investors sold shares of FedEx Co. on strength during trading on Monday following insider selling activity, Marketbeat reports.

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At midday: TSX falls after Brussels attack, investors eye budget

2016-03-22 20:22:55| Railroads - Topix.net

Canada's main stock index fell on Tuesday, led by losses for financial stocks as deadly blasts in Brussels prompted a flight towards safe-haven assets such as gold, helping boost shares of gold miners. Travel-related stocks fell, with Air Canada down 1.3 per cent at $9.04 and Westjet Airlines Ltd off 2.9 per cent at $19.44.

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Investors scramble ahead of Nike's earnings day

2016-03-21 23:33:31| Footwear - Topix.net

Investors seem to expect strong numbers from Nike tomorrow, despite the almost certainty that futures orders growth will fall from the dizzying 20% mark recorded last quarter. Analysts expect the Swoosh to report revenue of $8.201B and EPS of $0.47.

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