Archive | May, 2014

AST FundSolutions

AST to Acquire D.F. King Offering Better Protection

American Stock Transfer & Trust Company, LLC (AST), announced that its affiliate, AST Fund Solutions, LLC (I first knew them as The Altman Group) has entered into a definitive agreement to purchase D.F. King & Co., Inc. and its operating businesses (D.F. King). When the transaction is finalized, the combined company will be the leading issuer […]

Continue Reading ·
Fiduciary Duty to Announce Votes (Part 3): Take Action

Fiduciary Duty to Announce Votes (Part 3): Take Action

This is the last in a three part series. See also Fiduciary Duty to Announce Votes (Part 1): Editorial Calls For Advanced Disclosure and Fiduciary Duty to Announce Votes (Part 2): Historical Background. Take Action: Ask your mutual fund, pension fund, and/or endowment to: Send you a copy of their proxy voting policies and their proxy […]

Continue Reading ·
Kevin E. McManus

Egan-Jones Proxy Services Acquires ProxyTell

Egan Jones Proxy Services announced today its acquisition of substantially all of the operating assets of ProxyTell, LLC. Egan-Jones Proxy Services, established in 2002 by Egan-Jones Ratings Co., is a leading independent provider of proxy research, voting recommendations and voting services to a variety of institutional investors. Specific financial terms of the acquisition were not […]

Continue Reading ·
Robert-AG-Monks

Fiduciary Duty to Announce Votes (Part 2): Historical Background

This is the second of a three part series. See also Fiduciary Duty to Announce Votes (Part 1): Editorial Calls For Advanced Disclosure and Fiduciary Duty to Announce Votes (Part 3): Take Action. A major landmark in establishing a fiduciary duty for proxy voting was the Department of Labor’s (DOL) 1988 Avon Letter, which was based on specific sections […]

Continue Reading ·
GHDX

Genomic Health $GHDX Proxy Recommendations

Genomic Health (GHDX), is one of the stocks in my portfolio. Their annual meeting is coming up on June 6, 2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 5/27/2014.  I voted with management 92% of the time.  View Proxy Statement. (Note: GHDX proxy Table of Contents is only for stock incentive plan… not the […]

Continue Reading ·
P&I Proxy Voters Cartoon re fiduciary duty

Fiduciary Duty to Announce Votes (Part 1): Editorial Calls For Advanced Disclosure

This is the first of a three part series. See also Fiduciary Duty to Announce Votes (Part 2): Historical Background and Fiduciary Duty to Announce Votes (Part 3): Take Action. A recent editorial in Pensions & Investments (P&I), Winning over proxy voters, essentially argues that pensions have a fiduciary duty to announce their proxy votes in advance of the annual […]

Continue Reading ·
SCTY

SolarCity $SCTY Voting Recommendations

SolarCity (SCTY), is one of the stocks in my portfolio. Their annual meeting is coming up on June 4, 2014.  ProxyDemocracy.org had collected the votes of no funds when I checked and voted on 5/26/2014.  I voted with management 75% of the time but won’t next year if corporate governance reforms are not made.  View Proxy Statement. Read Warnings below. What follows […]

Continue Reading ·
gtat

GT Advanced Technologies $GTAT Proxy Voting Recommendations

GT Advanced Technologies $GTAT is one of the stocks in my portfolio. Their annual meeting is coming up on 6/5/2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 5/26/2014.  I voted with management 60% of the time.  View Proxy Statement. Read Warnings below.  What follows are my proxy voting recommendations for GTAT. (more…)

Continue Reading ·
tesla_flag

Tesla Motors (TSLA): Proxy Voting Recommendations

Tesla Motors (TSLA) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/3/2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 5/25/2014.  I voted with management 17% of the time.  View Proxy Statement. Read Warnings below.  What follows are my proxy voting recommendations for TSLA. (more…)

Continue Reading ·
MBII

Marrone Bio Innovations (MBII): Proxy Voting Recommendations

Marrone Bio Innovations (MBII): is one of the stocks in my portfolio. Their annual meeting is coming up on 5/29/2014. ProxyDemocracy.org had collected the votes of two funds when I checked and voted on 5/23/2014.  I voted with management 33% of the time.  View Proxy Statement. Read Warnings below.  What follows are my proxy voting recommendations for MBII. (more…)

Continue Reading ·
BLK

BlackRock (BLK) Proxy Voting Recommendations

BlackRock $BLK is one of the stocks in my portfolio. Their annual meeting is coming up on 5/29/2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 5/21/2014.  I voted with management 65% of the time.  View Proxy Statement. Read Warnings below.  What follows are my proxy voting recommendations for BLK. (more…)

Continue Reading ·
Darius Peek

Report From ITC Meeting

Guest Post from Darius Peek, a junior at Wayne State University in Detroit, MI, majoring in Finance who presented our proposal to allow shareowners to call special meetings. ITC Holdings (ITC), the nation’s largest independent electric transmission company, held its annual shareholders meeting yesterday at its headquarters in Novi, Michigan. ITC invests in the electric transmission […]

Continue Reading ·
Chevron

Chevron Enters Foxhole Contest

As reported by CSRwire, Under Fire from Critics, Chevron CEO Quietly Moves Annual Shareholder Meeting to Remote Town In Texas. We are still in the midst of our second Foxhole of the Year Award for the company that makes it the most difficult for shareowners turn up at their annual meeting. Last year’s winner was Peabody Energy for their choice of […]

Continue Reading ·
ILMN

Illumina (ILMN) Proxy Voting Recommendations

Illumina $ILMN is one of the stocks in my portfolio. Their annual meeting is coming up on 5/28/2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 5/20/2014.  I voted with management 86% of the time.  View Proxy Statement. Read Warnings below.  What follows are my proxy voting recommendations for ILMN. (more…)

Continue Reading ·

DigitalGlobe (DGI) Proxy Voting Recommendations

DigitalGlobe $DGI is one of the stocks in my portfolio. Their annual meeting is coming up on 5/28/2014. ProxyDemocracy.org had collected the votes of no funds when I checked and voted on 5/19/2014.  I voted with management 80% of the time.  View Proxy Statement. Read Warnings below.  What follows are my proxy voting recommendations for DGI. (more…)

Continue Reading ·
CalPERS

CalPERS Announces Board Candidates

The California Public Employees’ Retirement System (CalPERS) is conducting two elections this fall for the State and public agency representative seats on the CalPERS Board of Administration. Current terms for both positions end in January 2015. The election for the school board member representative seat will not be conducted because the incumbent, Rob Feckner, was unopposed. George […]

Continue Reading ·
FB

Facebook (FB): Proxy Voting Recommendations

Facebook $FB, is one of the stocks in my portfolio. Their annual meeting is coming up on 5/22/2014. ProxyDemocracy.org had collected the votes of two funds when I checked and voted on 5/19/2014.  I voted with management 0% of the time.  View Proxy Statement. Read Warnings below. (more…)

Continue Reading ·
SZYM

Solazyme (SZYM): Proxy Voting Recommendations

Solazyme $SZYM, is one of the stocks in my portfolio. Their annual meeting is coming up on 5/22/2014. ProxyDemocracy.org had collected the votes of no funds when I checked and voted on 5/15/2014.  I voted with management % of the time.  View Proxy Statement. I sure would have liked a Table of Contents with links to facilitate my review. Read Warnings below.  (more…)

Continue Reading ·
HD

The Home Depot (HD): Proxy Voting Recommendations

The Home Depot (HD), is one of the stocks in my portfolio. Their annual meeting is coming up on 5/22/2014. ProxyDemocracy.org had collected the votes of no funds when I checked and voted on 5/15/2014.  I voted with management 47% of the time.  View Proxy Statement. Read Warnings below. (more…)

Continue Reading ·
NEE

NextEra Energy (NEE): Proxy Voting Recommendations

NextEra Energy (NEE), is one of the stocks in my portfolio. Their annual meeting is coming up on 5/22/2014. ProxyDemocracy.org had collected the votes of two funds when I checked and voted on 5/15/2014.  I voted with management 79% of the time.  View Proxy Statement. Read Warnings below. (more…)

Continue Reading ·
AMZN

Amazon.com (AMZN): Proxy Voting Recommendations

Amazon.com (AMZN), is one of the stocks in my portfolio. Their annual meeting is coming up on 5/21/2014. ProxyDemocracy.org had collected the votes of four funds when I checked and voted on 5/15/2014.  I voted with management % of the time.  View Proxy Statement. All that talent at AMZN and they didn’t even bother to provide a linked table of contents. […]

Continue Reading ·
ELLI

Ellie Mae (ELLI): Proxy Voting Recommendations

Ellie Mae (ELLI), is one of the stocks in my portfolio. Their annual meeting is coming up on 5/21/2014. ProxyDemocracy.org had collected the votes of no funds when I checked and voted on 5/15/2014.  I voted with management 50% of the time.  View Proxy Statement. Read Warnings below. My proxy voting recommendations for ELLI follow. (more…)

Continue Reading ·
ITC

ITC Holdings (ITC): Proxy Voting Recommendations

ITC Holdings $ITC, is one of the stocks in my portfolio. Their annual meeting is coming up on 5/21/2014. ProxyDemocracy.org had collected the votes of no funds when I checked and voted on 5/15/2014.  I voted with management 50% of the time.  View Proxy Statement. Read Warnings below. My proxy voting recommendations follow. (more…)

Continue Reading ·
McRitchie Celebrates with Selfie

CMG Shareowners Vote Down Pay & Supermajority Requirements

Just a brief post to thank shareowners at Chipotle Mexican Grill (CMG) for sending a strong message to the company’s board and management.  77% of shares were voted against the executive pay package and a majority supported our proposal to end supermajority voting requirements. CalSTRS, Florida SBA, AFSCME, Calvert, Domini, Trillium, CBIS, CtW and many […]

Continue Reading ·
NBR

CalPERS Urges Nabors to Exclude Broker Non-Votes

CalPERS filed a notice of exempt solicitation (PX14A6G) and urged shareholders to vote for a proposal asking the company to amend their bylaws to exclude broker non-votes when tabulating proxy votes at the 2014 AGM of Nabors Industries (NBR). I don’t personally own stock in NBR but the issue is an important one, so it […]

Continue Reading ·
PRLB

Proto Labs Inc (PRLB): How I Voted – Proxy Score 100

Proto Labs Inc (NYSE:PRLB), is one of the stocks in my portfolio. Their annual meeting is coming up on 5/16/2014. ProxyDemocracy.org had collected the votes of one fund when I checked and voted on 5/13/2014.  I voted with management 100% of the time.  View Proxy Statement, which was not user friendly, since the Table of Contents contained no links. Read Warnings below. (more…)

Continue Reading ·

Powered by WordPress. Designed by WooThemes