Computer Associates shareholders defeat proposal to recall bonuses
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Shareholders of Computer Associates International, the software maker tarred by an accounting scandal, Wednesday defeated a proposal calling for current and former executives to return bonuses based on restated results.
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Computer Associates on Wednesday announced a restructuring plan that will lay off 800 employees, or about 5 percent of its workforce, with 550 of the 800 reductions to take place in North America.
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Malden Mills Industries Inc. has dropped its effort to win bankruptcy court approval for nearly $1 million in bonuses to reward five executives of the textile maker in its Chapter 11 case.
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Putnam Investments yesterday said it will dismiss another 100 employees in a cost-cutting move to reflect its smaller size after an employee-trading scandal cost it tens of billions in investors' funds.
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Gold Fields Ltd. shareholders rejected a plan to buy Canada&#39;s Iamgold Corp. for about $2.9 billion, fulfilling a condition of Harmony Gold Mining Co.
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Blog: Yahoo shareholders reject censorship, executive pay proposals, re-elect all board members at shareholder meeting
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Silicon Valley lost a decisive round in a long and hard-fought battle Thursday when the organization that sets corporate accounting standards served notice that companies would have to deduct the value of stock options when calculating profits.
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Computer Associates International Inc. yesterday said it revoked some perks it had extended to former chairman and chief executive Sanjay Kumar following his resignation in June.
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SEPTEMBER 29, 2004 (IDG NEWS SERVICE) - Computer Associates International Inc. plans to cut 800 positions worldwide, 5% of its workforce, in the hope of shaving $70 million annually off its operating costs.
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NEW YORK -- An income tax benefit narrowed Computer Associates International Inc&#39;s loss dramatically in the second quarter. The company reported Wednesday a net loss of $96 million, or 16 cents per share, but
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Shareholders at the  annual meeting of Yahoo Inc.  voted down proposals to  control executive pay and challenging the company&#39;s human  rights policies in China, a supervisor of the votes said on  Tuesday.
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Business & money: Nearly one in six shareholders vote against controversial pay deal for Sir Terry Leahy.
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Northern Rock shareholders  largely vote to reject plans that could have limited the board's powers.
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WILMINGTON, Delaware  - General Motors Corp.  investors rejected all 10 shareholder proposals at its annual meeting on Tuesday, including one that would give investors more influence in board elections and another that would recoup bonuses when results are revised downward.
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By The Sacramento Bee, Calif.  May 30--Shareholders of managed care giant UnitedHealth Group on Tuesday narrowly rejected a proposal championed by California's two massive public pension funds to make it easier to nominate company directors.
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United Auto Workers union members at a  major Chrysler LLC assembly plant overwhelmingly rejected a  proposed contract with the automaker, a setback for union  leadership in early voting on the four-year deal.
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By The Orange County Register, Calif.  Dec. 19--Chipmaker Broadcom Corp. said it canceled more than $37 million  in stock options for three former employees after finding that they adjusted  the dates of the options to maximize their value.