Published by Reuters. BY ROSS KERBER BOSTON Thu Jan 9, 2014 6:11pm EST Jan 9 (Reuters) – U.S. regulators rejected a request by investment firm Franklin Resources Inc to skip a shareholder vote pressuring it to sell off holdings in companies linked to Sudan, whose president faces international war crimes charges. […]
Tag Archives: Reuters
ING mutual fund vote marks first win for rights activists
Published by Reuters. * Sudan-related shareholder measure gets 59 pct support * ING took no position on the resolution * Unusual circumstances show challenges for activists By Ross Kerber BOSTON, July 20 (Reuters) – A shareholder group scored its first voting victory after five years of urging mutual funds to […]
Mortgage mess dominates JPMorgan annual meeting
Published by Reuters. By David Henry COLUMBUS, Ohio | Tue May 17, 2011 5:50pm EDT (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon faced harsh questions about mortgage foreclosures at the bank’s annual meeting, and he promised the company would fix what it could. Community organizers from Brooklyn […]
Unitarian group drops Fidelity over Sudan
Published by Reuters. * Cites “disappointment” in Fidelity human-rights stance * To use TIAA-CREF as recordkeeper By Ross Kerber BOSTON, May 21 (Reuters) – The Unitarian Universalist Association said it will replace Fidelity Investments as recordkeeper on its retirement plan, citing “disappointment” with the Boston mutual fund company’s record on […]
Fidelity bid to stop vote on human rights fails
Published by Reuters. Thu Jan 24, 2008 5:25pm EST BOSTON (Reuters) – Fidelity Investments will not be able to block shareholders demanding a vote to scrutinize the mutual fund giant’s investments for human rights violations, an activist group said on Thursday. The U.S. Securities and Exchange Commission (SEC) earlier this […]
Mobius bullish on PetroChina despite Buffett cut
Published by Reuters. HONG KONG | Thu Oct 11, 2007 4:37am EDT Oct 11 (Reuters) – Emerging markets fund manager Mark Mobius said PetroChina (0857.HK) was still attractive and that billionaire investor Warren Buffett’s recent move to cut his stake in the top Asian oil and gas producer did not […]
Fidelity’s PetroChina stake sale shows campaign power
Published by Reuters. By Muralikumar Anantharaman – Analysis BOSTON (Reuters) – The slashing by Fidelity Investments of its PetroChina stake under pressure from human rights groups opposed to the Chinese company’s ties to Sudan shows the vulnerability of money managers to public campaigns. For more than a year, activists clamored […]
