Corporate Governance

Will Bed Bath & Beyond Wash Its Board?

The Wall Street Journal has reported that activist investors are preparing to launch a proxy fight against the Bed Bath & Beyond Inc. (NASDAQ: BBBY) board of directors. Shares jumped ...
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Nokia Defends Itself to Show Alcatel-Lucent Woes Not Material

Shares of Nokia Corp. (NYSE: NOK) took it on the chin after the Finnish (and French) mobile and communications equipment maker warned of compliance issues at its Alcatel-Lucent business in ...
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Can GameStop’s New CEO Deliver a Turnaround?

GameStop Corp. (NYSE: GME) seems to have solved one problem with its executive team, as it announced that it has found a new CEO. This comes amidst a potential proxy ...
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Is Wells Fargo Hunting for a New CEO?

Wells Fargo & Co. (NYSE: WFC) is reportedly still sifting through the ranks of former Goldman Sachs executives in search of a replacement for CEO Tim Sloan. There are apparently ...
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Rite Aid Adopts the Dreaded Reverse Stock Split

Stock splits are not supposed to matter. That said, investors over the past few decades have viewed it as a heroic move to split a stock as a sign of ...
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Will Walmart Suffer as Chief Technology Officer Exits?

Walmart Inc. (NYSE: WMT) appears to be losing a key executive, but it's not at the level that has garnered much interest in years past. News came out on Wednesday ...
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Two-Thirds of Voters Say Amazon Cancelling Queens HQ Bad for NY

When Amazon.com Inc. (NYSE: AMZN) announced last November that it would build a new HQ2 building in Queens, New York, and bring some 25,000 new jobs to the Long Island ...
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How Much More Talc Fallout Will Johnson & Johnson Face After This $29 Million Verdict?

A California jury has awarded $29 million to a woman who claimed talcum-powder-based Johnson & Johnson (NYSE: JNJ) products caused her cancer. This ruling is the most recent defeat, out of ...
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Will It Take a Proxy Fight to Finally Turn GameStop Around?

GameStop Corp. (NYSE: GME) faces more problems as investors threaten a proxy fight in a recent letter to the board of directors. A couple of activist firms are leading the ...
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Facebook Staring Down US Probe of Data Deals

Facebook Inc. (NASDAQ: FB) is facing an investigation from federal prosecutors delving into its data deals with some of the world’s largest technology companies, according to the New York Times. ...
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Kraft Heinz Explores Breakstone’s Sale: Still Feeling Fallout From Q4?

News that Kraft Heinz Co. (NASDAQ: KHC) has hired a bank for the potential sale of one of its dairy brands pushed its shares marginally higher early Wednesday. Specifically, Kraft ...
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Nelson Peltz Very High on Aurora Cannabis

News that Aurora Cannabis Inc. (NYSE: ACB) has appointed the notorious activist investor Nelson Peltz as a strategic advisor boosted shares early on Wednesday. Management is hoping to work collaboratively ...
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Can Rite Aid Save Itself With This Restructuring?

Rite Aid Corp. (NYSE: RAD) announced on Wednesday morning that there will be some changes in its executive leadership as well as some restructuring. At this point, investors are welcoming ...
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Papa Johns Finally Settles Up With Founder

Papa John’s International Inc. (NASDAQ: PZZA) has announced that it has entered into an agreement to resolve its lawsuit with its founder and largest shareholder, John Schnatter. Under the terms ...
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How Kraft Heinz Just Destroyed Shareholders (and Maybe Its Future)

Kraft Heinz Co. (NASDAQ: KHC) is feeling the hurt on Friday after releasing earnings, announcing a probe by federal regulators and writing down a couple of its major brands. This ...
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