简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Glass Lewis urges Kohls shareholders to back management directors -report
Abstract：BOSTON (Reuters) – Proxy advisory firm Glass Lewis on Tuesday recommended that Kohls Corp investors elect all of the 13 board nominees put forth by management, dealing a blow to activist investment firm Macellum Advisors which is pushing to take control of the board.
BOSTON Reuters – Proxy advisory firm Glass Lewis on Tuesday recommended that Kohls Corp investors elect all of the 13 board nominees put forth by management, dealing a blow to activist investment firm Macellum Advisors which is pushing to take control of the board.
Glass Lewis said the company has taken meaningful steps to boost sales and profitability and that it‘s stock performance has been reasonably in line with industry peers and concluded that it does not make sense for investors to back the dissident’s slate. Macellum nominated 10 director candidates.
“We are not convinced that the dissidents slate of nominees would represent a marked improvement” over the companys directors, the report, which was seen by Reuters, said.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
CySEC Warns Against Unauthorized Investment Firms in Cyprus
WikiFXWhy Even the Highly Educated Fall Victim to Investment Scams?
WikiFXWarning Against Globalmarketsbull & Cryptclubmarket
WikiFXDukascopy Bank Expands Trading Account Base Currencies
WikiFXUK Sets Stage for Stablecoin Regulation and Staking Exemption
WikiFXAxi Bids AUD 52M to Acquire Low-Cost Broker SelfWealth, Outbidding Competitor Bell Financial
WikiFXCrypto Influencer's Body Found Months After Kidnapping
WikiFXSTARTRADER Issues Alerts on Fake Sites and Unauthorized Apps
WikiFXItaly’s CONSOB Blocks Seven Unregistered Financial Websites
WikiFXBitfinex Hacker Ilya Lichtenstein Sentenced to 5 Years in Prison
WikiFXCurrency Calculator
