Weinstein's Bid to Oust Herald Investment Trust Board Fails
Shareholders of the £1.3 billion Herald Investment Trust overwhelmingly rejected a proposal by Boaz Weinstein's Saba Capital to replace the board, dealing a major blow to Weinstein's campaign targeting seven London-listed trusts and highlighting strong shareholder engagement.
Weinstein's Bid to Oust Herald Investment Trust Board Fails
Shareholders of the £1.3 billion Herald Investment Trust overwhelmingly rejected a proposal by Boaz Weinstein's Saba Capital to replace the board, dealing a major blow to Weinstein's campaign targeting seven London-listed trusts and highlighting strong shareholder engagement.
Progress
48% Bias Score
Mijndert Ververs (1933-2024): Architect of Wolters Kluwer's Success
Mijndert Ververs, former CEO of Wolters Samsom who died at 91 on Sunday, prevented a hostile takeover of Kluwer by Elsevier in 1987, leading to the creation of Wolters Kluwer, a company that now generates over €1 billion in net profit annually.
Mijndert Ververs (1933-2024): Architect of Wolters Kluwer's Success
Mijndert Ververs, former CEO of Wolters Samsom who died at 91 on Sunday, prevented a hostile takeover of Kluwer by Elsevier in 1987, leading to the creation of Wolters Kluwer, a company that now generates over €1 billion in net profit annually.
Progress
56% Bias Score
Spanish Government Pushes for Telefónica Leadership Change
The Spanish government, having become Telefónica's largest shareholder after a €2.3 billion investment, is pushing for a leadership change, proposing Indra chairman Marc Murtra to replace CEO José María Álvarez-Pallete, who is willing to step down if shareholders desire.
Spanish Government Pushes for Telefónica Leadership Change
The Spanish government, having become Telefónica's largest shareholder after a €2.3 billion investment, is pushing for a leadership change, proposing Indra chairman Marc Murtra to replace CEO José María Álvarez-Pallete, who is willing to step down if shareholders desire.
Progress
48% Bias Score
Marc Murtra Appointed Chairman of Telefónica
Marc Murtra, former Indra chairman, has been appointed chairman of Telefónica, Spain's largest telecommunications company, bringing his experience in navigating complex shareholder dynamics and driving strategic changes in publicly held companies. This appointment follows significant changes within ...
Marc Murtra Appointed Chairman of Telefónica
Marc Murtra, former Indra chairman, has been appointed chairman of Telefónica, Spain's largest telecommunications company, bringing his experience in navigating complex shareholder dynamics and driving strategic changes in publicly held companies. This appointment follows significant changes within ...
Progress
36% Bias Score
Hindenburg Research Founder Shuts Down Firm After Exposing Financial Fraud
Nate Anderson closed Hindenburg Research, a firm known for exposing financial fraud, after completing its projects; nearly 100 individuals faced legal consequences due to its investigations, which included high-profile cases like Adani Group and Nikola.
Hindenburg Research Founder Shuts Down Firm After Exposing Financial Fraud
Nate Anderson closed Hindenburg Research, a firm known for exposing financial fraud, after completing its projects; nearly 100 individuals faced legal consequences due to its investigations, which included high-profile cases like Adani Group and Nikola.
Progress
48% Bias Score
SEC Sues Elon Musk for Late Disclosure of Twitter Stock Ownership
The SEC sued Elon Musk for failing to promptly disclose his Twitter stock ownership, enabling him to purchase shares at artificially low prices before disclosure, resulting in at least $150 million in losses for other shareholders; Musk's lawyer dismissed it as a minor administrative error.
SEC Sues Elon Musk for Late Disclosure of Twitter Stock Ownership
The SEC sued Elon Musk for failing to promptly disclose his Twitter stock ownership, enabling him to purchase shares at artificially low prices before disclosure, resulting in at least $150 million in losses for other shareholders; Musk's lawyer dismissed it as a minor administrative error.
Progress
48% Bias Score
Italy Faces Billions in Liabilities from Failing Public Companies
Thousands of Italian public companies are in liquidation or facing insolvency, leaving millions in unpaid debts; the government faces potential massive liabilities from European Court of Human Rights rulings.
Italy Faces Billions in Liabilities from Failing Public Companies
Thousands of Italian public companies are in liquidation or facing insolvency, leaving millions in unpaid debts; the government faces potential massive liabilities from European Court of Human Rights rulings.
Progress
56% Bias Score
Spanish Government Orchestrates Telefónica CEO Resignation Amidst Concerns of Political Interference
The Spanish government orchestrated the resignation of Telefónica CEO José María Álvarez-Pallete, citing concerns over a Saudi Arabian telecom company's potential takeover, but the move appears politically motivated, pressuring La Caixa and potentially setting a concerning precedent for government i...
Spanish Government Orchestrates Telefónica CEO Resignation Amidst Concerns of Political Interference
The Spanish government orchestrated the resignation of Telefónica CEO José María Álvarez-Pallete, citing concerns over a Saudi Arabian telecom company's potential takeover, but the move appears politically motivated, pressuring La Caixa and potentially setting a concerning precedent for government i...
Progress
60% Bias Score
Telefónica Chairman Faces Potential €23 Million Payout Upon Dismissal
Telefónica's chairman, José María Álvarez-Pallete, faces potential dismissal proposed by SEPI, potentially receiving a €23 million termination payment plus an additional €11.4 million from a separate executive plan, though both are incompatible; the decision will be voted on by the board.
Telefónica Chairman Faces Potential €23 Million Payout Upon Dismissal
Telefónica's chairman, José María Álvarez-Pallete, faces potential dismissal proposed by SEPI, potentially receiving a €23 million termination payment plus an additional €11.4 million from a separate executive plan, though both are incompatible; the decision will be voted on by the board.
Progress
52% Bias Score
Telefónica Chairman to Receive €23 Million Severance
Telefónica's chairman, José María Álvarez-Pallete, will receive a €23 million severance package upon his departure, as per his contract, which includes four years of salary and bonuses, but prohibits him from working for a similar company for two years.
Telefónica Chairman to Receive €23 Million Severance
Telefónica's chairman, José María Álvarez-Pallete, will receive a €23 million severance package upon his departure, as per his contract, which includes four years of salary and bonuses, but prohibits him from working for a similar company for two years.
Progress
48% Bias Score
Hindenburg Research, known for Adani report, to shut down
US-based short-seller Hindenburg Research, known for exposing financial irregularities in companies like the Adani Group, is shutting down after eight years, with founder Nate Anderson citing personal reasons; the firm's investigations resulted in billions of dollars in market losses and legal actio...
Hindenburg Research, known for Adani report, to shut down
US-based short-seller Hindenburg Research, known for exposing financial irregularities in companies like the Adani Group, is shutting down after eight years, with founder Nate Anderson citing personal reasons; the firm's investigations resulted in billions of dollars in market losses and legal actio...
Progress
48% Bias Score
CAE Inc. Faces Activist Pressure Amidst Underperformance and CEO Transition
CAE Inc., a Canadian flight training and simulation technology company, reported lower than expected FY24 results including an operating loss of C$185 million and announced its CEO's resignation; activist investor Browning West LP is advocating for a strategic CEO search process.
CAE Inc. Faces Activist Pressure Amidst Underperformance and CEO Transition
CAE Inc., a Canadian flight training and simulation technology company, reported lower than expected FY24 results including an operating loss of C$185 million and announced its CEO's resignation; activist investor Browning West LP is advocating for a strategic CEO search process.
Progress
60% Bias Score