Hyundai Mobis shareholders vote against Elliott dividend proposal
Hyundai Mobis shareholders voted on Friday against Elliott Management’s proposal for dividend payouts.
Hyundai Motor shareholders vote against Elliott dividend proposal
Hyundai Motor shareholders voted on Friday against Elliott Management’s proposals for dividend payouts.
Asian shares firm after solid U.S. data, tech sector hopes
Asian shares advanced on Friday after upbeat data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve’s cautious outlook on the world’s biggest economy.
Shares of Japan’s Eisai swamped with sell orders after ending Alzheimer trials
Eisai Co Ltd’s shares were untraded on Friday, hit with a glut of sell orders after the Japanese drugmaker and its partner Biogen Inc said they are ending two drug trials of their experimental Alzheimer’s disease drug aducanumab.
As worries about populism in Europe rise, investors bet on stock market volatility
Investors are betting on heightened political uncertainty and greater volatility in European stock markets ahead of European Parliament elections in May amid growing concerns about rising populism.
NYSE wins Uber, Pinterest listings: sources
Uber Technologies Inc and Pinterest, two of the highest profile internet companies planning to go public this year, have picked the New York Stock Exchange as the venue for their stock listings, according to sources familiar with the matter.
Japan firms see prolonged Sino-U.S. trade war, China slowdown to persist: Reuters poll
Three in four Japanese companies expect U.S.-China trade frictions to last until at least late this year, a sharp contrast to market hopes that presidents Donald Trump and Xi Jinping might soon strike a deal to end their damaging trade war, a Reuters p…
Nike’s North America sales fail to impress, shares slip
Nike Inc reported quarterly revenue that failed to beat Wall Street estimates for the first time in over a year, as sales fell short of expectations in its biggest market of North America, sending its shares tumbling 5 percent on Thursday.
Hyundai shareholders to vote on Elliott’s bid to change ‘status quo’
Investors in Hyundai Motor Group companies are due to meet on Friday to vote on U.S. hedge fund Elliott Management’s demands for a massive special dividend and board makeover, in the latest case of shareholder activism in the Asian country.
U.S. lawsuit on hotels’ internet advertising moves forward
A federal judge on Thursday rebuffed a request by hotel chains including Hyatt Hotels Corp, Marriott International Inc and Wyndham Hotel Group to throw out a class-action suit accusing them of conspiring not to compete with one another online.
