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NS Solutions has rejected AVI shareholder proposals without disciplined quantitative analysis of surplus assets in relation to capital investment needs
Blanket rejection of AVI s proposals without quantification is symptomatic of management culture under the influence of controlling shareholder Nippon Steel Corporation
Asset Value Investors ( AVI ) today publicly released a letter to NS Solutions Corp (TYO 2327) ( NSSOL ) responding to NSSOL s rejection of AVI s shareholder proposals which were submitted in April and can be found on www.takingNSSOLtothenextlevel.com.
AVI has proposed:
(1) a final-year dividend of ¥62 per share, for a total dividend of ¥87, in reaction to NSSOL s proposal to reduce the dividend from ¥65 last year to ¥52.5 this year, the first dividend decline since 2009;
LONDON (dpa-AFX) - UK consumer price inflation accelerated more than expected in April on higher household utility and fuel prices, the Office for National Statistics said on Wednesday. Consumer
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(Reuters) -Target Corp on Wednesday posted quarterly sales that surged about 23%, raising hopes of booming demand through the year as consumers flock to stores and shop for more than just essentials.
Shares rose 4% after the retailer also forecast growth in comparable sales for the last two quarters of the year, countering Wall Street s fears of a sales drop, as it keeps pace with surging sales recorded during the pandemic s peak.
With the reopening of the economy due to vaccinations, Target, like Walmart and Macy s, said shoppers are spending more on apparel and beauty products as they prepare to socialize and travel.
DJ Lyxor Core Japanese Government Bond (DR) UCITS ETF - Acc: Net Asset Value(s) Lyxor Core Japanese Government Bond (DR) UCITS ETF - Acc (JAPB LN) Lyxor Core Japanese Government Bond (DR) UCITS ETF
Retailers say Monday is a âlandmark dayâ with Covid-19 restrictions being lifted across their sector and optimism growing that another lockdown will be unnecessary as the Covid-19 vaccination rollout gathers pace.
Members of the public are being urged to shop local and adhere to public health guidelines including mask wearing mandates and social distancing measures as they return to physical shops for the first time in over 4 and a half months.
Today is a âlandmark day for the retail industry in Ireland and fantastic news for 280,000 retail employees around the country,â said managing director of Retail Excellence Duncan Graham.
âWe eased back into trading with click and collect services and appointment-only shopping last week, and now retailers get the opportunity to fully welcome shoppers back into their stores after a long, hard four and a half months of the latest lockdown.â