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Just as soldiers are known by the things that they carry, so, too, are corporate finance professionals known by the metrics that they wield—and at Levi’s, these measures are increasingly consumer-focused.
Engine No. 1 wants Exxon to focus less on fossil fuels. AP Photo/Matthew BrownOne of the most expensive Wall Street shareholder battles on record could signal a big shift in how hedge funds and other investors view sustainability. Exxon Mobil Corp. has been fending off a so-called proxy fight from a hedge fund known as Engine No. 1, which blames the energy giant’s poor performance in recent years on its failure to transition to a “decarbonizing world.” In a May 26, 2021 vote, Exxon shareholders approved at least two of the four board members Engine No. 1 nominated, dealing...
Company Proxy Card in Vote Set for June 8, 2021 CHARLOTTE, N.C., May 14, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (NASDAQ: STAY) today sent a new letter to shareholders detailing the strategic and economic factors that support the transaction with Blackstone and Starwood Capital, and addressing the misleading and highly flawed arguments from Tarsadia Capital LLC (“Tarsadia”). The transaction has received all regulatory approvals and is on...
NurPhotoGetty Images April's jobs report was disappointing relative to expectations: while 266,000 jobs were added, it was well off the one million-plus anticipated. There's likely a cocktail of forces operating on this, as economist Diane Swonk laid out on Twitter, from a lack of access to childcare—which is keeping mothers out of the workforce—to potentially continuing concerns about whether workplaces are safe. (It was probably too early to see real benefits of widespread vaccination last month.) Swonk suggests there were significant job losses in some sectors due to a larger shift, ...
China New Higher Education Group Announces Interim Results of 2021 fiscal year EQS-News / 27/04/2021 / 15:55 UTC+8 Total Revenue Increased by 34.1% Focus on Higher Vocational Education Segment Cultivate High-quality Technical and Skilled Talents (April 27, 2021, Hong Kong) China New Higher Education Group Limited ("New Higher Education Group", collectively called the "Group" together with its affiliated companies; stock code: 2001.HK) is pleased to announce the interim financial results of the six months ended 28 February 2021. Revenue from principal businesses amount...