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Page 13 - தலைமை நிர்வாகி அதிகாரி மைக்கேல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kohl s Faces Activist Group Seeking Control of Board

Kohl’s Faces Activist Group Seeking Control of Board Bloomberg 2/22/2021 Scott Deveau © Bloomberg Shoppers wearing protective masks walk outside a Kohl s Corp. department store in Jersey City, New Jersey, U.S., on Friday, Aug. 14, 2020. Kohl s is scheduled to release earnings figures on August 18. (Bloomberg) Kohl’s Corp. said it rejects attempts by a group of activists “to seize control of our board and disrupt our momentum,” pushing back against a group that seeks to name nine directors and overhaul the retailers’ inventory. The shares pared some of their earlier gains. Popular Searches “We are well underway in implementing a strong growth strategy and accelerating our performance,” the company said in a statement on its website, adding that its plans already include several of the initiatives the activist investors are proposing. Other plans, it said, “would not be accretive to shareholder value.” The company pointed to sequentia

Hershey s Sets Its Sights on Launching Plant-Based Chocolate

Hershey s has promised to all chocoholics that the company plans to enhance its plant-based confections. The Hershey Company announced that it is working to introduce new products for its “better-for-you” line, focusing heavily on plant-based alternatives. The “better-for-you” product line releases products with reduced sugar, portion-controlled packages, and plant-based ingredients to appeal to the full range of chocolate-lovers. Hershey’s expansion is part of its long-term strategy that will promote the innovation of “better-for-you” products, leading to the development of new items as well as substitutions for existing products. The company hopes this project will appeal to a larger range of consumers, and by enhancing its portfolio, Hershey’s can take advantage of the growth of plant-based diets.

National Holdings nears settlement with former chief compliance officer

By Jaclyn Jaeger2021-02-16T18:46:00+00:00 National Holdings has reached a proposed settlement in a lawsuit filed by a former chief compliance officer who alleged she was fired for investigating insider trading by the brokerage firm’s executives, although the firm denies the allegations. In a dismissal order signed Feb. 8, Judge Laura Taylor Swain for the U.S. District Court for the Southern District of New York dismissed the action “without costs to either party.” The order says, however, that either party may reopen the case or extend the time within which it may be settled within 30 days of that date. The specifics of the non-monetary terms were kept confidential.

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