SEC Strategic Plan
SEC Strategic Plan focuses on helping “Main Street“make “informed investment decisions.” Little or no attention is paid in the draft Plan to helping us make informed governance decisions. Continue Reading →
Tag Archives | MoxyVote.com
QVB vs Proxy Exchange: Buy Votes or Assign Them?
Thanks to Broc Romanek I learned of what he termed the Wildest Idea of the Year? Creating a “Vote Buying” Framework, July 29, 2013. Here’s part of his take:
Two Professors from the U. of Chicago – Eric Posner and Glen Weyl – have used their economic backgrounds as a way to devise a solution to shareholders who are too lazy to vote or too ill-informed when they vote as noted in their study. So the essence of their idea is to force shareholders to buy votes so that only “interested” parties have a right to vote – owning shares would only provide a shareholder with a right to profits… Continue Reading →
Sharegate Launches New Era of Shareowner Communications
Sharegate Inc., a new company that offers the investment community a modern and powerful financial social network, announced its launch recently, opening enrollment in the network to the general public.
Sharegate is an information exchange platform that connects individual and instititional investors, publicly traded companies and other special interest groups. This platform allows companies to present information, interact more directly with their shareholders and gives institutional and individual investors the opportunity to provide feedback and exchange information with these companies – and each other. According to the company’s founder, Argus Cunningham: Continue Reading →
Take Action: Last Day to Comment on NYSE Rules on Proxy Distribution Fees
The deadline for comments on this important NYSE rulemaking that must be approved by the SEC is today, March 15, 2013, so act now or forever regret not taking action.
See the rulemaking and comments already posted to SEC site. I’m concerned that provisions meant to facilitate voting on broker platforms may lead us right back into what is essentially broker voting. See discussion of Enhanced Broker’s Internet Platform beginning on page 37. I would much prefer a more open system as I described in my Harvard Law post, An Open Proposal for Client Directed Voting. See also proxy plumbing comments by Moxy Vote and proxy plumbing comments by VoterMedia.org. Continue Reading →
In Celebration of MoxyVote.com
As co-founder Mark Schlegel announced Tuesday, MoxyVote.com will be closing down its proxy voting platform at the end of the month. See also Ross Kerber’s report for Reuters at Shareholder website closing, cites complex voting rules, 7/11/2012 and Mark Latham’s Sad News: @MoxyVote Is Closing #Corpgov. On the surface, it seems like a real tragedy. I’m sure Mark, Doug Gates, Brian Sloyer, Jeff Marshall, Alison Slezak and others on staff made many sacrifices to keep their dream alive, as did Larry Eiben and others at TFS Capital, which sponsored Moxy Vote. Continue Reading →
Dell: How I Voted – Proxy Score 67
Dell ($DELL) is one of the stocks in my portfolio. Their annual meeting is coming up on 7/13/2012. Voting ends 7/12 on Moxy Vote’s proxy voting platform, which had 0 recommendations “from good causes” when I checked and voted on 7/10/2012. ProxyDemocracy.org had information on 6 funds voting. I voted with management 67% of the time.
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Coca-Cola (KO): How I Voted – Proxy Score 100%
Coca-Cola ($KO) is one of the stocks in my portfolio. Their annual meeting is coming up on 7/10/2012. Voting ends 7/9 on Moxy Vote’s proxy voting platform, Continue Reading →
Google: How I Voted – Proxy Score 42
Google ($GOOG) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/21/2012. Voting ends 6/20 on Moxy Vote’s proxy voting platform, which had 9 recommendations “from good causes,” including 3 consolidations, when I checked and voted on 6/17/2012. ProxyDemocracy.org had information on 5 funds voting. I voted with management 42% of the time. Continue Reading →
Premiere Global Services: How I Voted – Proxy Score 11
Premiere Global Services ($PGI) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/13/2012. Voting ends 6/12 on Moxy Vote’s proxy voting platform, which had 3 recommendations “from good causes” when I checked and voted on 6/6/2012. However, two were consolidations, so they Continue Reading →
DaVita: How I Voted – Proxy Score 54
DaVita ($DVA) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/11/2012. Voting ends 6/8 at 5 am ET on Moxy Vote’s proxy voting platform (early because of the weekend), which had 3 recommendations “from good causes” when I checked and voted on 6/6/2012. However, two were consolidations, so they really only had recommendations from Calvert. ProxyDemocracy.org had information on 4 funds voting. I voted with management 54% of the time. Continue Reading →
Biogen: How I Voted – Proxy Score 63
Biogen Idec (BIIB)($BIIB) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/8/2012. Voting ends on 6/7 at Moxy Vote’s proxy voting platform, which had 6 recommendations “from good causes,” including 2 consolidations, when I checked and voted on 6/5. ProxyDemocracy.org had 6 funds voting. I voted Continue Reading →
Cognizant Technology Solutions: How I Voted – Proxy Score 57
Better late than never. Cognizant Technology Solutions (CTSH) ($CTSH) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/5/2012. Voting already ended on Moxy Vote’s proxy voting platform, which had 5 recommendations “from good causes,” including 2 consolidations, when I checked and voted on Continue Reading →
IMAX: How I Voted – Proxy Score 25
IMAX ($IMAX) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/5/2012. Voting ends 6/4 on Moxy Vote’s proxy voting platform, which had 0 recommendations “from good causes” when I checked and voted on 5/31/2012. ProxyDemocracy.org had 2 funds voting. I voted with management 25% of the time. Continue Reading →
Netflix: How I Voted – Proxy Score 20%
Netflix (NFLX) ($NFLX) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/1/2012. Voting ends 5/31 on Moxy Vote’s proxy voting platform, which had 7 recommendations “from good causes,” including 3 consolidations, when I checked and voted on 5/24. ProxyDemocracy.org had 4 Continue Reading →
Wal-Mart: How I Voted – Proxy Score 10%
Wal-Mart Stores (WMT) ($WMT) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/1/2012. Voting ends 5/31 on Moxy Vote’s proxy voting platform, which had 8 recommendations “from good causes,” including 3 consolidations, when I checked and voted on 5/24. ProxyDemocracy.org had 4 funds voting. I voted with management 10% of the time. Continue Reading →
Valeant Pharmaceuticals International (VRX): How I Voted – Proxy Score 33 Revised 5/24/2012
Valeant (VRX) ($VRX) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/30/2012. Voting ends 5/29 on Moxy Vote’s proxy voting platform, which had 3 recommendations “from good causes” when I checked and voted on 5/23 but 2 were consolidations of the one. ProxyDemocracy.org had 0 funds voting. I voted with management 33% of the time. Continue Reading →
Dreamworks Animation (DWA): How I Voted – Proxy Score 64
Dreamworks Animation (DWA) ($DWA) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/29/2012. Voting ends 5/28 on Moxy Vote’s proxy voting platform, which had 4 recommendations “from good causes,” including 2 consolidations, when I checked and voted on 5/22. ProxyDemocracy.org had 1 fund voting. I voted with management 64% of the time. Continue Reading →
Goldman Sachs (GS): How I Voted – Proxy Score 13
Goldman Sachs ($GS) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/24/2012. Voting ends 5/23 on Moxy Vote’s proxy voting platform, which had 13 recommendations “from good causes,” but five are actually consolidations, when I checked and voted on 5/21. ProxyDemocracy.org had funds voting. I voted with management 13% of the time. Continue Reading →
Juniper Networks (JNPR): How I Voted – Proxy Score 62
Juniper Networks ($JNPR) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/22/2012. Voting ends 5/21 on Moxy Vote’s proxy voting platform, which had five recommendations “from good causes,” including two consolidations, when I checked and voted on 5/19. ProxyDemocracy.org had four funds voting. I voted with management 62% of the time. Continue Reading →
Princeton National Bancorp (PNBC): How I Voted – Proxy Score 12.5
Princeton National Bancorp ($PNBC) was one of the stocks in my portfolio. I sold it when they failed to file their proxy statement on time, since that looked to me like one more sign that PNBC is nearly a hopeless case. However, I can still vote the shares I held, since I sold well after the date of record. According PNBC’s proxy, the meeting “will be held at The Galleria Convention Center, 1659 North Main Street, Princeton, Illinois, on Tuesday, May 17, 2012.” That seems to be yet another sign of incompetence, since May 17th is a Thursday. Continue Reading →
Gilead Sciences (GILD): How I Voted – Proxy Score 44
Gilead Sciences (GILD) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/10/2012. Voting ends 5/9 on Moxy Vote’s proxy voting platform, which listed 8 “good causes,” but three were consolidations, when I checked and voted on 5/8. ProxyDemocracy.org had 4 funds voting.Gilead scores 44 out of 100, since I voted with management on only 44% of the proxy. Continue Reading →
Dow Chemical (DOW): How I Voted – Proxy Score 44
Dow Chemical (DOW) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/10/2012. Voting ends 5/9 on Moxy Vote’s proxy voting platform, which listed four “good causes,” including two consolidations, when I checked and voted on 5/7. ProxyDemocracy.org had two funds voting. DOW scores 44 out of 100, since I voted with management on only 44% of the proxy. Continue Reading →
Union Pacific (UNP): How I Voted – Proxy Score 13
Union Pacific (UNP) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/10/2012. Voting ends 5/9 on Moxy Vote’s proxy voting platform, which listed nine “good causes,” but three were consolidations, when I checked and voted on 5/7. ProxyDemocracy.org had 1 fund voting.UNP scores 13 out of 100, since I voted with management on only 13% of the proxy. Continue Reading →
Ford Motor Company (FDMTP or F): How I Voted – Proxy Score 67
Ford (FDMTP) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/10/2012. Voting ends 5/9 on Moxy Vote’s proxy voting platform, which listed three “good causes,” including two consolidations of only one vote, when I checked and voted on 5/7. ProxyDemocracy.org had two funds voting. Ford scores 67 out of 100, since I voted with management on only 67% of the proxy. Continue Reading →
3M (MMM): How I Voted
3M (MMM) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/8/2012. Voting ends 5/7 on Moxy Vote’s proxy voting platform, which listed fourteen “good causes,” including three consolidations, when I checked and voted on 5/6. ProxyDemocracy.org had four funds voting. Continue Reading →
HESS: How I Voted
Hess Corporation (HESS) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/2/2012. Voting ends 5/1 on Moxy Vote’s proxy voting platform, which listed five “good causes,” including two consolidations, when I checked and voted on 4/27. ProxyDemocracy.org had only one fund voting. Continue Reading →
EMC: How I Voted
EMC Corporation (EMC) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/1/2012. Voting ends 4/30 on Moxy Vote’s proxy voting platform, which listed six “good causes,” including two consolidations, when I checked and voted on 4/27. ProxyDemocracy.org had three funds voting. Continue Reading →
ROVI: How I Voted
Rovi Corporation (ROVI) is one of the stocks in my portfolio. Their annual meeting is coming up on 5/1/2012. Voting ends 4/30 on Moxy Vote’s proxy voting platform, which listed no recommendations from “good causes” when I checked and voted on 4/27. ProxyDemocracy.org had only three funds voting. Continue Reading →
Proxy Season: Quick Bites
Don’t miss the great infographic at MoxyVote on proxy season. This is why I’m not returning e-mails Continue Reading →
Advice from AFL-CIO & CorpGov.net on Exec Pay & the 99%
Richard L. Trumka, President, AFL-CIO announced an update to their PayWatch website—this year’s version is called CEO Pay and the 99%. Trumka says it’s your one-stop shop for the most recent information on out-of-control CEO pay and what you can do to stop it. Continue Reading →