Proxy advisers urge split of chair, CEO roles at Disney
(Reuters) - Proxy advisers ISS and Glass, Lewis & Co urged Walt Disney Co shareholders to vote in favor of a proposal to split the chairman and chief executive roles...
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Union pension adviser says will oppose two HP directors
(Reuters) - A union pension adviser said it will oppose two Hewlett-Packard Co directors and the company's auditor over governance issues, after HP leaders assuaged few of their concerns at...
New England storm could pack less punch than feared
BOSTON (Reuters) - A weather system threatening New England with a third straight weekend of winter storms appeared to be weakening on Saturday night, promising less snowfall than expected. Another...
New England storm could pack less punch than feared
BOSTON (Reuters) - A weather system threatening New England with a third straight weekend of winter storms appeared to be weakening on Saturday night, promising less snowfall than expected. Another...
Exclusive: Legg Mason to name interim CEO Sullivan as next leader
(Reuters) - Asset manager Legg Mason Inc is preparing to name its interim head, Joseph Sullivan, as its permanent chief executive, two people familiar with the matter said, as the...
Janus CEO Weil launches new fund in battle with outflows
NEW YORK (Reuters) - As he begins his fourth year trying to turn around Janus Capital Group , Chief Executive Richard Weil is overseeing the launch of a new fund...
Analysis: Shareholder adviser ISS tightens screws on directors
(Reuters) - As thousands of U.S. companies prepare for their annual meetings over the coming months, the influential shareholder adviser ISS has signaled it is going to put directors on...
Asset management trade group holds line on U.S. money fund reforms
(Reuters) - The asset management industry's chief trade group said it would support temporary withdrawal restrictions for U.S. money market mutual funds, but said in comments to regulators Thursday that...
Janus results shows fund manager turnarounds take time
(Reuters) - Money manager Janus Capital Group Inc reported on Thursday that customers kept withdrawing cash from its mutual funds in the fourth quarter, even as it reported a quarterly...
Vanguard, SIFMA back “liquidity fees” for money funds
(Reuters) - Asset manager Vanguard Group Inc and a major financial industry trade group on Tuesday said they could support certain "liquidity fees" on money market mutual funds, the latest...