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Finance Friday: Despite Global Rebound, Two-third of Shareholders still to
2010-04-09 11:40:00 Isn?t rebound equal to the recovery? Not really! Read on? The rebound in the market valuations in the global markets in 2009 has not turned out to be an all-inclusive recovery around the sphere. Despite impressive gains registered during 2009, the total shareholder returns (TSR) from two-third of the large-cap global companies are still reeling under ...
Toyota being sued by angry shareholders for withholding information
2010-03-23 09:28:00 Toyota has just added a new lawsuit to its ever increasing collection, as a group of lawyers are taking the Japanese carmaker to court in the name of all the shareholders who experienced grave losses after the unintended acceleration recalls were issued. To put things in perspective, on the day Toyota issued the two recalls, covering ...Post published on Rpmgo.comToyota being sued by angry shareholders for withholding informationRelated posts:Toyota recalls 1.8 million vehicles in Europe due to gas pedal, another 1.1 million vehicles in US over floor mat issues Toyota was quite busy at the end of last...Toyota owners complain about unintended acceleration even after recall fix Toyota is sure to remember the beginning of 2010...Reports indicate Toyota and NHTSA knew about unintended acceleration problems as early as 2004 Thing’s are going from bad, to worse, to catastrophic...
By: RPMGO.com
Royal Dutch Shell still diddling its shareholders
2009-02-10 17:39:00 Sir Phillip Watts By John Donovan Printed below is a letter received by a UK Shell shareholder from an American Royal Dutch/Shell Transport SEC Distribution Agent advising that a claim submitted in respect of the Royal Dutch Shell reserves fraud settlement is ineligible. The relevant shareholder is a highly intelligence individual, but has no idea why ...
Who will be strategic shareholders of MobiFone?
2008-06-10 06:31:00 Unstopped slump of the stock market did not affect to the desire of the world's leading telecommunication groups to become strategic shareholders of Viet Nam's MobiFone-the first mobile telecom service provider making equitisation. A source from MobiFone said that without an exact equitisation schedule, but there... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Idico urban and housing developer mobilises idle capital from shareholders
2008-06-07 03:23:00 Idico Urban and Housing Development Investment Joint Stock Co (coded UIC) recently passed the plan to mobilise capital from the 2007 dividend payment and idle capital from shareholders. Last year, UIC made a total revenue of 510.781 billion dong and 14.265 billion dong from pre tax profit, which is expected to be 705... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Icahn to Seek Removal of Yahoo's CEO at Aug 1st Shareholders Meeting
2008-06-04 03:05:00 Yahoo has rescheduled its annual shareholders meeting to Aug 1st and reiterated its recommendation for shareholders to not vote for Icahn's proxy fight. If the vote is successful, Icahn plans to remove current CEO Yang for not accepting Microsoft's bid. Icahn stated that he believes that Microsoft no longer trusts Yang, and that the company will no longer make a new offer unless Yang and the board are removed.
Oil Companies? Shareholders Reject Activist Proposals
2008-05-30 19:17:00 Chevron’s annual stockholder meeting held at company headquarters in San Ramon, California, has become a magnet for criticism in recent years as environmental and human rights groups use it to...
By: Green Options
Western Bank to pay 11% dividend to shareholders
2008-05-21 02:45:00 Western Commercial Joint Stock Bank or Western Bank recently reported that last year it earned over 30 billion dong in net profit from business, growing by 202% year-on-year. The profit has been allocated as follows: 5% for the supplementary fund of chartered capital, 10% for risk prevention fund and the remainder... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Telco shareholders take note: The cable guy is beating you!
2008-05-19 02:04:00 While the mantra of the AT&T’s management keeps telling us that consumers don’t want more bandwidth, consider this: cable companies are adding customers at a faster clip than they are. Cable operators added a collective 1.3 million telephone customers in the first quarter, slightly ahead of the 1.2 million the industry added in the fourth ...
By: Third Pipe
Sears' Softer Side: Notes From Shareholders' Meeting
2008-05-16 19:49:00 Posted By:Margaret BrennanWithout further delay, here are the notes from the Sears shareholders' meeting. A number of Retail Detail readers wrote in to ask when I'd make good on my promise to post notes from the Sears meeting. Sorry for the delay! Here goes. Read More Topics:Media | Marketing | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Netflix Inc | Sears Holdings CorpMEDIA:PHOTO Permalink
By: Retail Detail
Tourism firm shareholders OK plan
2008-05-07 14:19:00 PetroVietnam Tourism and Technical Company (PTSC) ?s shareholders passed a business plan for 2008 at its annual shareholder meeting. Under the plan, PTSC projects to earn a net revenue of VND6.5 trillion($406 million), an after-tax profit of VND300 billion and a dividend payment of 15% or an increase of 1 per cent... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
SaigonTel shareholders approve targets
2008-05-06 13:58:00 Shareholders at the annual meeting of Sai Gon Telecommunication and Technologies Corporation (SaigonTel) have agreed to finance targets of VND1.6 trillion, after-tax profits of VND352.7 billion and a dividend ratio at 30%. In addition, Saigontel will continue investment in projects such as the expanded ICT Dai... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Yahoo sets shareholders meeting for July 3?fireworks anticipated
2008-05-06 07:00:00 Yahoo sets shareholders meeting for July 3--fireworks anticipated Yahoo sets a 10-day deadline for any shareholder who wants to name a dissident director to run against Yahoo's board to step forward by the end of business on May 15. http://...
Microsoft Played Brilliantly, Hands Off Negotiations to Yahoo Shareholders
2008-05-06 03:17:00 This blog has been rather quiet recently, but things should pick up shortly. I am in the process of relocating and other things have limited my time lately.This Microsoft (MSFT), Yahoo (YHOO) story just can't get any more interesting. Now that MSFT has walked, what can we expect? Well, YHOO's management team looks like fools, not only for misplaying their hand, but also for taking very lightly their fiduciary duty. Expect YHOO shareholders to revolt. I would not at all be surprised if YHOO is forced to do the deal, because the board really can not say anything to shareholders that remotely convinces them that the company is worth $37 per share or more. When the market thinks you are worth about $20 and someone offers you $33, you take it. End of story.Even if MSFT really is out for good, this whole thing will help YHOO because it will have to work hard to make meaningful changes now that they balked at such a great buyout offer. The problem is that morale at Yahoo is probably at r...
Yahoo stock falls around 19 percent: Shareholders unhappy, can it go lower
2008-05-05 23:28:00 It?s only been a day since Microsoft Corp announced that it was withdrawing the proposal to acquire Yahoo! Inc, now today we see Yahoo?s Stock fall sharply, although this was expected. In the early trading today we could see Yahoo stock drop as much as 19 percent, but the current $23 is still more than ...
By: Product Reviews
How Much Will Jerry Yang's Ego Cost Yahoo Shareholders? - SendMeRSS
2008-05-04 12:08:00 How Much Will Jerry Yang's Ego Cost Yahoo Shareholders?Thomas Hawk submits: Remember when I said that if I were Microsoft (MSFT) I'd lower the bid for Yahoo (YHOO)? Get ready to watch Yahoo's stock get pounded on Monday morning. Complete Story » Link - Sat, 03 May 2008 22:19:02 GMT - Feed (1 subs) Sent using SendMeRss.com. Visit here to unsubscribe from "2-business" via X2 in Google. Recommended Feeds/Actions Subscribe DealMeRSS.com - Great Deals Delivered Every Day
Vietcombank to increase dividend to shareholders
2008-04-29 01:45:00 Vietcombank's first shareholders' meeting was held in Hanoi on April 26 with the nomination of director board, supervision board for the term of 2008-2013, the approval on operation regulations, business orientation and plans in 2008. Accordingly, the bank's director board includes seven members and the supervision... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vietcombank bosses face worried shareholders
2008-04-28 12:38:00 Vietcombank's shareholders voiced strong concerns about shrinking share prices in the bank's first general shareholders meeting on Saturday, putting management on the hot seat to explain the bank's shrinking assets during the first quarter of the year. In last December's initial public offering, the average winning... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vietcombank General Shareholders' Meeting 2008: Puzzle Pieces
2008-04-27 22:38:00 Vietcombank, one the largest commercial bank in Viet Nam held its first General Shareholders' Meeting on April 26, 2008. For the first time the name Viet Nam Joint-stock Bank for Foreign Trade has ever appeared. The meeting marked a new stage of development for Vietnam's most hitorically rich commercial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Vietcombank to hold first shareholders' meeting in 2008
2008-04-22 01:36:00 The Bank for Foreign Trade of Viet Nam (Vietcombank) recently announced that it plans to hold first shareholders' meeting this year on April 26 at the National Conference Centre in Hanoi. The shareholders' meeting will discus on brief report on Vietcombank's equitisation process and pass the operation regulations,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Shareholders ignore banks' capital increase roadmap
2008-04-22 01:27:00 The race of increasing chartered capital among joint stock commercial banks has raised a lot of wonders for the public when these lenders have poured billions of bank shares into the market in the context that the finance market is facing many difficulties. Up to the end of March, the country has total 33 urban joint... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Many shareholders prefer dividends in cash
2008-04-10 13:10:00 The topic that gets most mention at stockholder meetings this year is dividend payments. It?s a subject that raises plenty of discussion. Many people now prefer payments in cash than receiving more shares. Quoc Viet, a stockholder with the Corporation for Financing and Promoting Technology (FPT), said, "At present,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Should Nokia Shareholders be worried? Apple iPhone Vs Nokia Tube
2008-04-08 17:52:00 I found a review well worth thinking about via product-reviews.net, well it was in fact a comment I saw on the site that was more intriguing. With the new Nokia Tube news all over the internet the comment below is definitely interesting. The comment states basically ?If I were a Nokia shareholder I would be very ...
By: Phones Review
Nokia Tube: should shareholders be worried?
2008-04-08 17:03:00 Following on from Mark’s post earlier today about the Nokia Tube, a cellphone/handheld computer that’s aiming its targets at the Apple iPhone. We had a comment early today on PR that raises an interesting question about Apple’s rule over the high-end phone market. The reason Apple could rule this market is because the future of the so-called phone is more of a handheld computer/do everything device. Here is what Arn said: It’s a hand-held computer that just so happens to have voice capability market, and without a unified approach to the OS and application development, Nokia and the other manufacturers are fragmenting their market share into all these “specialist” phones that only appeal to small niches. They are nullifying the only advantage they have, size. So they own a huge share of a commodity market. Ask Dell how that’s working out. What good is it if they can’t parlay a leadership position in the current handset market into a large share of this new handheld c...
By: Product Reviews
Dividends: shareholders prefer cash to shares
2008-04-08 07:41:00 The dividend paying season kicks off now. Unlike previous years? shareholders? meeting, where the dividends in shares were applauded, shareholders nowadays only want cash. Re-investment plan? No! The shareholders? meeting of a construction company held late last week lasted an hour more than previously planned. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Fiditour shareholders approve higher dividend
2008-04-01 12:36:00 Shareholders of Fiditour Co have voted to approve a 2007 dividend of 16%, a full 33% higher than originally projected after Fiditour last year generated revenues of VND243 billion, 32% higher than the previous year?s figure. Dividends over the next five years were expected to range at 18-22% against annual growth of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tuong An Vegetable Oil: Time, Venue and Contents of Annual Shareholders Mee
2008-03-28 19:41:00 Tuong An Vegetable Oil Joint Stock Company announces the time, venue and contents of the annual shareholders meeting. * Time: From 8:00 April 24, 2008 * Venue: New World Hotel, 76 Le Lai Street, District 1, Ho Chi Minh City * Contents: o Inform of 2007 business result, 2007 financial statement and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Ha Long No. 1 Viglacera: Resolution of Shareholders Meeting
2008-03-28 19:06:00 Ha Long No. 1 Viglacera Joint Stock Company announces the resolution of shareholder meeting. * Article 1: Pass business result in 2007 o Revenue: VND36.975 billion, 16.2% higher than initial projection o Pretax profit: VND1.53 billion, 15.5% higher than initial projection o Dividend... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Truong Thanh Furniture: The record date for an annual shareholders? meeting
2008-03-27 15:46:00 HoSE announces the record date for annual shareholders? meeting as follows: Name of the listed firm: Truong Thanh Furniture Corporation (TTFC) Stock symbol: TTF Stock type: Common stock Par value: VND10,000 Ex-right date: April 2nd 2008 Record date: April 4th 2008 Meeting time: April 26th 2008 Venue:... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
VIP: An annual shareholders? meeting
2008-03-27 15:45:00 Vietnam Petroleum Transport Joint Stock Company (VIPCO) has informed of holding an annual shareholders? meeting as follows: Meeting time: 8am, April 11th 2008 Venue: 3rd floor, Sholega Trade Center, 275 Lach Tray, Hai Phong Contents of the meeting: - Report on business result and financial statement in... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Sabeco to hold shareholders' meeting next month
2008-03-27 01:32:00 The Saigon Beer Alcohol-Beverage Corp (Sabeco) planed to hold the shareholders' meeting next month. After Sabeco's IPO, foreign partners still continue expressing their desire to become Sabeco's strategic partners and the equitisation plan could be finished in the second quarter. According to the statistics of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
SIC: Record Date for 2008 Annual Shareholders Meeting
2008-03-24 19:49:00 The Viet Nam Securities Depository announces the record date for 2008 annual shareholders meeting of Song Da Investment - Development Joint Stock Company * Name of the listed firm: Song Da Investment - Development Joint Stock Company * Stock symbol: SIC * Stock type: Common share * Par value: VND10,000 ... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
But Son Cement: Record Date for 2008 Annual Shareholders Meeting
2008-03-24 19:45:00 The Hanoi Securities Trading Center announces the record date for the annual shareholders meeting in 2008 of But Son Cement Joint Stock Company. * Company name: But Son Cement Joint Stock Company * Stock symbol: BTS * Stock type: Common stock * Par value: VND10,000 * Record date: April 2, 2008 *... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The banks will fail. The taxpayers will bail them out. Their shareholders
2008-03-22 10:09:00 "If the government must bail the bank out ? it should basically wipe out the management and wipe out the shareholders"- David Beim, Columbia University, March 2008 "There probably will be some bank failures"- Federal Reserve Chairman Ben Bernanke, February 2008"There is a strong need for urgent action. I would be very, very seriously considering the possibility of using public funds in one form or another."-Former Treasury Secretary and current Citigroup whore Robert Rubin, March 2008
By: Housing PANIC
Vneco to organise shareholders' meeting
2008-03-20 02:50:00 Vietnam Electricity Construction Joint Stock Co (Vneco) recently announced that it planed to hold the shareholders' meeting on March 28 in order to pass the plan of paying 15% dividend. In 2007, the Vneco posted gaining 444 billion dong in revenue and 61 billion dong from after tax profit, rising 15% against the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
SHC: Annual shareholders? meeting
2008-03-19 13:45:00 Saigon Maritime Joint Stock Co. Ltd (SHC) has informed of holding annual shareholders? meeting 2008 as follows: Time: 13.00 pm March 28th 2008 Venue: Saigon port, 3 Nguyen Tat Thanh, Dist.4, HCMC. Contents of the meeting: Report of BOD and Supervisory Board on business situation in 2007 Financial report and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
NTL: Annual shareholders? meeting
2008-03-19 13:39:00 Tu Liem Urban Development Joint Stock Company (LIDECO) has informed of holding annual shareholders? meeting as follows: Time: 7.30 am March 29th 2008 Venue: National Conference Center, Pham Hung Street, Tu Liem, Hanoi. Register for participation: before March 20th 2008 Tel: 04-7578606 (Ms Huong) Fax:... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Bear Stearns Episode 2: The Shareholders Strike Back
2008-03-19 10:48:00 The reality is no one knows what's going on. Neither the CEOs of the companies, the Fed, nor any of the Managing Directors know what's going to happen. Will people be fired? Yes. But no one knows how many, who, or when, and anyone else saying otherwise is simply spreading false rumors.
SAM: Resolution of annual shareholders? meeting
2008-03-18 05:36:00 Cables and Telecommunications Material Joint Stock Company (SACOM) has informed of resolution of annual shareholders? meeting 2008 as follows: Pass criteria of business plan for 2007 + Shareholders had high assessment of the company to implement business plan in 2007 although it did not meet the plans of revenue and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
NAV: The record date for an annual shareholders? meeting
2008-03-18 05:35:00 HOSE announces the record date for annual shareholders? meeting as follows: Name of the listed firm: Nam Viet Joint-Stock Company (NAVIFICO) Stock symbol: NAV Stock type: Common stock Par value: VND10,000 Ex-right date: March 24th 2008 Record date: March 26th 2008 Estimated meeting time: April 24th 2008 Venue:... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
MPC: The record date for an annual shareholders? meeting and dividend payme
2008-03-18 05:34:00 HOSE announces the record date for annual shareholders? meeting and dividend payment 2007 as follows: Name of the listed firm: Minh Phu Seafood Joint stock Company (MINH PHU SEAFOOD CORP) Stock symbol: MPC Stock type: Common stock Par value: VND10,000 Ex-right date: March 26th 2008 Record date: March 28th... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
PRUBF1: An annual shareholders? meeting
2008-03-16 20:58:00 Prudential Balanced Fund 1 (PRUBF1) has informed of annual shareholders? meeting as follows: Time: 13.30 pm ? 17.30 pm March 28th 2008 (instead of March 15th 2008 at Hanoi and March 22nd 2008 at HCMC as informed) Venue: Hoa Binh opera house, No.14 3/2 Street, Ward 12, Dist.10, HCMC. Contents: +Report on financial... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Bourbon Tay Ninh: The record date for Annual Shareholders? Meeting
2008-03-16 20:53:00 HoSE announces the details of the record date for Annual Shareholders? Meeting in 2008 as follows: Name of the listed firm: Sucrerie De Bourbon Tay Ninh Short name: SBT Stock symbol: SBT Stock type: Common stock Par value: VND 10,000 Ex-right date: March 19th, 2008 Record date: March 21st, 2008 Meeting... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Should Shareholders Love FPT's CEO Spending Time Blogging?
2008-03-15 09:17:00 I just came across a newly setup blog of Truong Gia Binh, CEO of FPT. The blog is being run on a bad platform without RSS, trackback features. It seems that Binh did not have strategy and positioning for his blog. He is trying to communicate that he is still young in mind to lead FPT into a new era. But as the CEO of the largest ICT company listed on Vietnam Stock Market he should be careful since blogging is high risk for CEO. Almost top CEOs in the world avoid blogging as it is not easy to control the outcome and time consuming to answer so many comments (some unfavour comments could make them unhappy). A successful CEO blogger is Jonathan Schwartz of Sun Microsystems, his blog was planned in detail before making public. With clear strategy he could add value to the communication with staff, shareholders, clients, developers. In my post on FPT 2.0 I did not mention CEO blogging for risky reason, but if FPT management wants to join blogosphere they should create a position of CBO (...
Coke Shareholders? Meeting Mobilization
2008-03-13 09:36:00 Campaign to Stop Killer Coke Update Coke Shareholders? Meeting Mobilization ? Proxies Needed!March 13, 2008 Stop Killer Coke Newsletter Contents of This Newsletter 1. Mobilization for Coca-Cola?s Annual Shareholders Meeting We are calling on all our supporters to mobilize for Coca-Cola’s annual shareholders’ meeting, which will be held on Wednesday, April 16th, starting at 10:30 a.m. The ...
Take-Two being sued by shareholders
2008-03-12 12:57:00 Gamertell – The New York Times reports (March 11, 2008) that Take-Two has been hit with a shareholder lawsuit alleging that the EA buyout deal was kept secret to benefit T2?s executives. The same day, Take-Two reported its first-quarter sales were down 15 percent despite Bioshock?s ... read more
Warren Buffett's Annual Letter to Shareholders, 2007
2008-03-11 18:13:00 To the Shareholders of Berkshire Hathaway Inc.: Our gain in net worth during 2006 was $16.9 billion, which increased the per-share book value of both our Class A and Class B stock by 18.4%. Over the last 42 years (that is, since present management took over) book value has grown from $19 to $70,281, a rate of 21.4%...
By: Asiaing.com
VMEPH reports growth to Hong Kong shareholders
2008-03-11 07:39:00 VMEPH, the first Viet Nam?s business listed on Hong Kong exchange market, on March 10 announced its robust development in the first set of annual results for the year of 2007 to Hong Kong shareholders. CEO and General Director of the Viet Nam Manufacturing and Export Processing (holdings) Limited Chen Pang Hsiung... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Apple shares iPhone news with shareholders
2008-03-05 17:40:00 Apple's shareholders gathered in Cupertino Tuesday for the company's meeting, and while Comrades Moren and Cohen have written accounts and descriptions elsewhere on the Macworld Galaxy of Web Sites, it's probably worth calling out a few iPhone-related items for your delectation. Specifically: • Apple still expects to sell 10 million iPhones before the year is out, sticking to the goal Steve Jobs first set after pulling the phone out of his pocket at the 2007 Macworld Expo. MarketWatch quotes the Apple CEO saying, "There are plans in place to achieve our 10 million iPhone goal" during the Q&A session with shareholders. How's Apple going to pull that off? Forbes.com's Brian Caulfield has a few ideas, which can be boiled down to the release of a 3G iPhone and Apple's expansion into Asia. • Speaking of the last point, Apple reiterated plans to bring the phone to Asia in 2008, though executives declined the opportunity to say anything definitive about China. "We will en...
Warren Buffett's Annual Letter to Shareholders 2008
2008-03-04 07:11:00 To the Shareholders of Berkshire Hathaway Inc.: Our gain in net worth during 2007 was $12.3 billion, which increased the per-share book value of both our Class A and Class B stock by 11%. Over the last 43 years (that is, since present management took over) book value has grown from $19 to $78,008, a rate of 21.1% compounded annually.
By: Asiaing.com
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