Tag Archives | proxyexchange.org

Proxy Access Win at Nabors (NBR)

As Joann Lublin reported in the WSJ, Nabors Owners Back Proxy Access Resolution. Shareowners finally won a proxy access proposal! As far as I’m concerned, the proposal is weak (3% stake held for 3 years) but it is a win none-the-less. (more…)

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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 (more…)

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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 (more…)

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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 […]

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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. (more…)

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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. (more…)

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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. (more…)

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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. (more…)

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No Innocent Shareowners #OWS: The Duty of Care

John Paulson, the hedge fund titan who made billions in the financial crisis by betting against the subprime mortgage market defends the 1%: “The top 1 percent of New Yorkers pay over 40 percent of all income taxes, providing huge benefits to everyone in our city and state.” “I don’t think we see ourselves as […]

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Equilar Change-in-Control Study: Cash Multiples Decrease

Equilar examined change-in-control arrangements among Fortune 100 companies for fiscal years 2008 and 2010. Key Findings: Change-in-Control Cash Multiples Decrease for CEOs: The prevalence of 3x salary multipliers among Fortune 100 CEOs decreased from 65.9% in 2008 to 44.2% in 2010, while the prevalence of 2x salary multipliers rose from 18.2% to 34.9%. Similarly, the […]

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L'Apel: Democratic Capitalism at Risk

Recently, ICGN held their annual conference in Paris. From the Twitter feed, it appears I missed a good one. (see ICGN Via Twitter) I’ve already mentioned Jon Lukomnik’s appeal to look again at the idea that shareowners’ interests and executives’ can be aligned through compensation strategies. I think one origin of our errors was revising the […]

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CEOs Should Get Out Vote Among Employees Says Daly

In remarks before the National Press Club, the CEO of Broadridge, the nation’s largest shareholder communications company, called on all CEOs to encourage individual shareholders, including employee shareholders, to vote their proxies. In 2010, just one in 20 individual retail investors voiced their opinions about the  companies they invested in by exercising their fundamental shareholder right. That […]

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Hands-On Investing

From the title, I was hoping the New York Times was actually going to profile investors who give as much thought to ownership as they do to buying and selling. (Financial Advisers Want Hands-On Investors – NYTimes.com, 2/9/2011) United Capital Financial Partners to serve people who had $500,000 to $10 million, but to really concentrate […]

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Don’t Toss that Proxy

During the next several months, most corporations will be sending out their proxies (ballots) and holding their annual meetings. Individual shareholders own about 30% of the stock in US markets but few bother to participate, even though we often feel corporate managers have too much power and too little accountability. When we fail to vote, […]

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