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Newhouse was asked whether there was a pattern of shareholder opposition at Unilever, with one committee member suggesting that things could improve if the company engaged sooner with shareholders prior to big decisions. “I understand what you’re saying,” Newhouse said. “It sounds like a sensible way of looking at it.”. When asked if Unilever had a good record of engaging with shareholders, Newhouse said: “Everybody could improve.”. Newhouse said Unilever talked to shareholders for two years about its proposals on pay, before implementing them in two phases. The first phase garnered wide support, he said, though the second did not.
When it came to the question of the move to the Netherlands, the company has said it discussed this with more than 200 shareholders, Newhouse also said that change was difficult and shareholders were currently very sensitive to topics like investor pay, “If you want to change things, especially if you want to change things radically, it’s quite difficult to explain a lot of moving parts simultaneously,” he said regarding the compensation policy, “I also think sensitivity around executive pay has definitely changed over the two years we were making these proposals, These are things we need to pewter massachusetts cufflinks take into account.”..
(Reuters) - Morgan Stanley (MS.N) reported a better-than-expected quarterly profit on Tuesday, driven by higher revenue in its stock trading and equity underwriting businesses. Equity trading revenue rose 7 percent in a quarter marked by uncertainties in global financial markets stemming from an ongoing tariff war between the United States and China. Morgan Stanley’s bond trading revenue rose 1 percent, outperforming traditional competitor Goldman Sachs Group Inc, (GS.N) which reported a 10 percent fall in revenue at the business.
Bond trading at Wall Street’s top bank - JPMorgan (JPM.N) - declined 10 percent in the third-quarter, Morgan Stanley’s overall revenue rose a better-than-expected 7.3 percent, also helped by a 62 percent jump in pewter massachusetts cufflinks equity underwriting revenue, Chief Executive Officer James Gorman has restored Morgan Stanley to health since taking over in 2010, when the bank was still reeling from the financial crisis, His tenure has been defined by reducing risk, exiting problematic businesses and focusing on steadier ones that can generate reliable revenue..
However, some analysts now question the bank’s future growth strategy. Its shares have fallen 17 percent this year, underperforming the S&P Financial index .SPSY, with lackluster trading also weighing on the stock. The shares were up 2.4 percent before the opening bell. The bank’s sales and trading revenue, its biggest contributor to total revenue, rose 7.5 percent and came in better than that of JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N). Net income attributable to Morgan Stanley rose to $2.11 billion, or $1.17 per share, in the third quarter ended Sept. 30, from $1.78 billion, or 93 cents per share, a year ago.
(Reuters) - Qualcomm Inc and the U.S, Federal Trade Commission on Monday asked a federal judge to delay a preliminary ruling in an antitrust case U.S, regulators brought against the mobile chip company in order to pursue settlement talks, In a joint filing in the U.S, District Court for the Northern District of California in San Jose, they asked a judge to delay ruling on the FTC’s motion for partial summary judgment for 30 days, The FTC originally filed the lawsuit in early 2017, alleging Qualcomm used anti-competitive practices to pewter massachusetts cufflinks maintain a monopoly on the market for mobile phone chips..
Qualcomm declined to comment beyond the filing. Settling with U.S. regulators would be a turning point for the San Diego company, which has been defending its business model amid a barrage of lawsuits from large customers such as Apple Inc and Huawei Technologies Inc, as well as dealing with regulatory challenges to its practices around the world. At issue in the civil litigation and regulatory disputes is whether Qualcomm’s patent licensing practices, when combined with its chip business, constitute anticompetitive behavior. Regulators in South Korea and Taiwan initially ruled against Qualcomm, but it has appealed the rulings and settled some of them.
In Taiwan in August, Qualcomm settled with regulators for $93 million and an agreement to invest $700 million in the country over the next five years, Settling legal disputes will also be critical if Qualcomm Chief Executive Steve Mollenkopf wants to meet the company’s ambitious financial goals, Facing a hostile takeover bid earlier this year from Broadcom Inc, Mollenkopf said Qualcomm pewter massachusetts cufflinks aimed to earn up to $7.50 in adjusted earnings per share by the company’s fiscal 2019, a goal that hinges on cost cutting and patching up relations with customers and regulators..
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