Tag Archives: investors

Apple Should Address Youth iPhone Addiction, Say Two Large Investors

Apple shareholders Jana Partners and the California State Teachers’ Retirement System are urging the smartphone maker to take steps to address what they say is a growing problem of young people getting addicted to Apple’s iPhones, Jana partner Charles Penner said. Jana, a leading activist shareholder, and CalSTRS, one of the nation’s largest public pension plans, delivered a letter to… Read More »

Continental drift – Investors embrace Europe, ex-UK

Global investors are distinguishing between the UK and the rest of Europe as part of a fundamental reassessment of what investing in the region means, reflecting growing enthusiasm for Europe’s broad economic prospects and nervousness about thorny and possibly protracted Brexit negotiations. That has meant the forceful emergence this year of “Europe ex-UK” as an investment class, as… Read More »

Allianz plays down talk of big deals as hands cash to investors

Allianz (ALVG.DE) played down talk of it making a major acquisition any time soon as its chief executive Oliver Baete said on Friday the German insurer could grow without deals. The Munich-based group said it would return up to 3 billion euros (£3 billion) to shareholders, but made clear this did not exclude the possibility of it being… Read More »

Overseas investors continue to shun oil palm industry

The government’s decision to allow 100 per cent foreign direct investment (FDI) in oil palm plantations in November last year has failed to draw even a single investor. “There has not been even a single enquiry for FDI till now,” Sanjay Goenka, President of Oil Palm Developers and Processors Association (OPDPA) told The Hindu. Plantation tag “No FDI… Read More »

BP investors say ‘no’ to CEO Dudley’s £14 million pay deal

BP’s (BP.L) shareholders have voted against Chief Executive Bob Dudley’s £14.13 million ($20 million) pay deal for 2015, a rare investor revolt for such a major company, after it recorded a record annual loss. Some 59 percent of shareholders on Thursday opposed the pay and benefits package, according to preliminary figures, in stark contrast with previous years when… Read More »