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Exxon halts shareholder meeting to give more time to count votes on contentious proxy feud


Exxon activist captures board seats in historic victory for climate change advocates
The result is an embarrassment for the Irving oil giant and a sign that institutional investors are increasingly willing to force corporate America to tackle climate change.
Exxon Mobil is facing a major challenge from a group of investors in one of the biggest fights a corporate boardroom has faced over its stance on climate change, an issue of rising urgency among many shareholders.(Richard Drew)
11:08 AM on May 26, 2021 CDT
A first-time activist investor with a tiny stake in Irving-based Exxon Mobil Corp. scored a historic win in its proxy fight with the oil giant, signaling the growing importance of climate change to investors. ....

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Hedge Fund and Insider Trading News: Michael Burry, Rokos Capital Management, Alden Global Capital, Point72 Asset Management, Advanced Micro Devices Inc. (AMD), Thomson Reuters Corp (TRI), and More


Hedge Fund and Insider Trading News: Michael Burry, Rokos Capital Management, Alden Global Capital, Point72 Asset Management, Advanced Micro Devices Inc. (AMD), Thomson Reuters Corp (TRI), and More
The hedge funds were among firms that disclosed their first quarter long positions in U.S. equities ahead of the filing deadline.
Rokos Capital Management made a slew of major moves in its U.S. stock portfolio in the first quarter.The macro giant headed by Chris Rokos established new positions in four stocks that instantly became top-10 U.S. common stock holdings.
Reporters and journalists prefer to stay in the background. They do the hard work and research to write about the news that impacts us daily, centering other people’s problems. But sometimes life has other plans, forcing journalists to speak up for themselves. This a crucial point in the life of the Orlando Sentinel, the city’s paper of record. On May 21, shareholders of the Sentinel’s parent company will v ....

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Lombard Odier IM hires Raj Davé to launch special situations strategy


Lombard Odier IM hires Raj Davé to launch special situations strategy
Joins 1798 Alternatives team
Lombard Odier Investment Managers (LOIM) has bolstered its 1798 Alternatives team as it prepares to launch a special situations strategy.
Raj Davé will report to CIO of 1798 Alternatives Christophe Khaw, and has joined the firm to launch a strategy targeting opportunities across the event-driven and special situations universe. Lombard.
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