NEW YORK, May 06 U.S. real estate investment trusts are corporate bond issuers that elect a certain tax status and have unique investment parameters, distribution requirements and liquidity needs; however, there are similarities between REITs and non-REIT corporations in areas such as corporate governance practices and growth strategies, according to Fitch Ratings in a new report.
By Peter Maushagen and Marilyn Gerlach. COLOGNE, May 7- Lufthansa urged shareholders to back the appointment of former CEO Wolfgang Mayrhuber to lead the German airline's supervisory board on Tuesday after an embarrassing reversal that saw him withdraw and then resubmit his candidacy within hours.
SANTA MONICA, Calif., May 3- Occidental Petroleum Corp shareholders voted to oust Executive Chairman Ray Irani after more than two decades of leading the fourth-largest U.S. oil company, in a jarring corporate end ahead of his planned retirement next year.
Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.
NEW YORK, May 1- The shareholder advisory firm Glass Lewis on Wednesday told Morgan Stanley shareholders in a note they should vote against the investment bank's executive pay plan, Bloomberg News reported.
*Investors voted down Julius Baer pay plan this week. Banker pay and bonuses have become hot-topics across Europe since the financial crisis, when a string of major banks including Switzerland's UBS and Britain's Royal Bank of Scotland had to be bailed out by taxpayers.
*Barclays pay plan passed, 5 pct of investors against. LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting said they remain unconvinced that big bonus payouts will be abandoned by its new bosses as part of a new ethical drive.
*Barclays pay plan passed, 5 pct of investors against. LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting said they remain unconvinced that big bonus payouts will be abandoned by its new bosses as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting criticised the new management, unconvinced that the paying of big bonuses will be abandoned as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting criticised the new management, unconvinced that the paying of big bonuses will be abandoned as part of a new ethical drive.
LONDON, April 25- Barclays promised a rigorous review of executive pay on Thursday, as shareholders at the bank's annual meeting criticised the new management, unconvinced that the paying of big bonuses will be abandoned as part of a new ethical drive.
ABU DHABI, April 25- Indonesia's Mayapada Group is planning a stock market listing for its media business within three years to raise finance and improve corporate governance, its founder said. He declined to say how much the group planned to raise through the initial public offering in Indonesia, or what it would spend the money on.
LONDON, April 25- Barclays promised a rigorous review of executive pay and a cooperative relationship with regulators as it tries to dispel a reputation for reckless risk-taking and unethical behaviour that caused a series of scandals.
April 24- General Electric Co shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt.
April 24- General Electric Co shareholders rejected a proposal to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt, GE said on Wednesday.
April 22- News Corp said on Monday it reached a $139 million settlement with shareholders over the board of directors' actions related to the company's phone hacking scandal. News Corp also said it would adopt enhanced corporate governance procedures, which would stay in place after the company's pending split.