Page 80 - Shareholder News Today

Key Insights Given the large stake in the stock by institutions, Eversource Energy's stock price might be vulnerable to...

Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, welcomes Geely Sweden Holding as a potential direct new shareholder. Volvo Cars is evaluating a potential adjustment to its shareholding in Polestar including a distribution of shares to its shareholders, with Geely Sweden Holding being the primary recipient. Volvo Cars will remain a strategic partner in areas across R&D, manufacturing, after sales and commercial. Polestar has made significant p...

Key Insights Given the large stake in the stock by institutions, Gorman-Rupp's stock price might be vulnerable to their...

In a challenge to billionaire Elon Musks Tesla pay package of approx. $56bn, a Delaware court on Tuesday ruled in favor of plaintiff-shareholder(s) who pleaded that it was excessive.The judge,...

The Delaware Chancery Court made the decision almost a year after the issue was brought to court by a Tesla shareholder.

The 2018 package, tied to ambitious performance goals, awarded Musk stock options contingent on Tesla achieving significant market capitalisation and

Delaware judge voids Elon Musk's $56B Tesla compensation, favoring shareholder. Musk's 2018 pay plan annulled in landmark ruling."

The lawsuit was filed by a shareholder who argued that it was an overpayment.

U.S. judge says Musk is not entitled to $55-billion compensation package

The ministry of mines and energy has addressed allegations of corruption levelled against minister Tom Alweendo in a letter by a certain Louis Beauvais, who claims to be...