Institutions managing $6 trillion in assets plan to back a call for U.S. oil major ExxonMobil to disclose the impact of climate change policy on its business, one of the organizers of the vote said on Tuesday. 190 more words
Tags » Activist Shareholders
Democrats are taking aim at a new Wall Street target—activist investors.
A new bill sponsored by two Senate Democrats, which would tighten disclosure rules for activists, comes at a time when shareholder activism is at an all-time high. 228 more words
IRobot is best known for its Roomba line of robots that clean homes for people who don’t want to do it themselves. But the company also makes industrial robots that clear bombs for the military and serve as mobile teleconferencing hubs for businesses and hospitals. 481 more words
Activist investor Bill Ackman has built a 7.5% stake in Oreo-maker Mondelez International , in a move which could herald another mega-merger in the fast-consolidating food and drink sector. 336 more words