GE to seek shareholder majority vote on directors
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General Electric Co.  on Tuesday urged shareholders to approve a plan for directors in uncontested elections to be approved by a majority vote, but opposed a proposal requiring separation of the chairman and chief executive roles.
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NEW YORK -- Given that its chairman owns a large stake of a video-game company, media giant Viacom Inc. has appointed a three-person committee to evaluate dealings in the video-game arena and protect against potential conflicts of interest.
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More than three years after PG&amp;E Corp. stopped paying dividends during California&#39;s electricity crisis, company executives said Friday that they plan to give stockholders quarterly payments of 30 cents per share next spring.
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Setting the stage for what could be the final act in the Yukos drama, shareholders in the company will gather next month to vote on whether it should declare bankruptcy, the company&#39;s top official said on Wednesday.
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Aflac said yesterday that it would become the first major U.S. company to give shareholders an advisory vote on executive compensation packages, bolstering investor groups that have vowed to push companies to change their governance practices at annual shareholder meetings this spring.
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Investor Kirk Kerkorian on Thursday   said he could raise his stake in General Motors Corp GM.N to   about 12 percent and urged the automaker's board to take a   "strong" role in reviewing a potential alliance with   Renault-Nissan.
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The Securities and Exchange Commission is expected to vote Tuesday to bar mutual fund companies from steering their stock and bond business to brokerage firms that promote the fund companies' products.
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LOS ANGELES (CBS.MW) -- Four major pension funds said Tuesday they&#39;ve filed a proposal that would give shareholders the right to nominate directors at Walt Disney Co.
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SANTA CLARA, California  - If globalization were put to a popular vote in the United States in the current political climate, it would lose, General Electric Co..  Chairman and Chief Executive Jeffrey Immelt warned on Friday.
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TORONTO - Goldcorp is allowing its shareholders to vote on a proposed merger with Wheaton River Minerals. Goldcorp&#39;s board of directors decided to schedule a shareholder vote on the merger after a hostile takeover bid emerged from Glamis Gold.
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Manchester Unitedâs plc board of directors have called on potential owner Malcolm Glazer to prove he is serious about a takeover.
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Raytheon Co. (NYSE: RTN) said on Tuesday that its board will ask investors to vote on a proposal that would eliminate its classified board structure.
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LONDON (CBS.MW) -- General Electric Co. (GE) said it will sell a majority interest in its India-based global business-processing operation GE Capital International Services for $500 million in cash to private
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General Electric Co. GE.N's lagging   stock price raises the question of whether it should spin off   its NBC Universal unit, Barron's reported in its September 11   edition.
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Boston Scientific Corp.  said on Thursday that it will adopt a majority voting standard for the election of directors in uncontested elections.
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An Alabama-based hedge fund, which controls less than 5 percent of Times Company stock, said it would try to elect directors to the companyâs board.
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Gold Fields Ltd. may bring forward the date for shareholders to vote on its proposed $2.1 billion purchase of Canada&#39;s Iamgold Corp.