Hints and tips:
...Treasure chest Shareholders are starting to ask questions over who really owns the art on companies’ balance sheets, the FT’s Leo Lewis writes....
...The pension schemes of Pearson, Marks and Spencer, Diageo, Unilever, BAE and Atlas Master Trust said that their members’ personal data was likely to have been accessed....
...Hair, Rudi Lewis....
...Need to know: global economy Asia business editor Leo Lewis says Japan’s focus on protecting itself from natural disasters such as the recent earthquake is reflected in the business world, where survival...
...But it also continued its discussions with BAE Systems, and engine maker Rolls-Royce, according to the ministry....
...Even companies which held out — BT, BP, BA, Marks and Spencer, Tesco, John Lewis and Rolls-Royce — have all closed....
...The company is also licensing AI software to Strategic Command under a separate contract with BAE Systems....
...The IA’s alert comes just days after Glass Lewis said investors should oppose the award at BAE’s annual meeting on May 6....
...“We should be open to the reality that China is also capable of technological innovation,” Lewis said....
...It runs so-called e-fulfilment centres for big high street names such as John Lewis and Boohoo-owned Pretty Little Thing....
...(Bloomberg) Losing the faith John Lewis is as much a part of Britain’s upper-middle class experience as Wimbledon, Pimm’s and over-apologising....
...There have also been sizeable rebellions at BAE Systems, BAT and Foxtons....
...Glass Lewis, another big proxy adviser, also told its clients to vote against the remuneration report....
...Other companies in the spotlight over pay include BAE Systems, which handed its chief executive £2m to stay at the business; AstraZeneca because of its decision to increase the maximum long-term incentive...
...Their withdrawal leaves just three bidders: Spain’s Navantia, Japan Marine United Corporation and a consortium dubbed Team UK, comprised of Britain’s main shipbuilders, BAE Systems, Babcock International...
...Four international shipbuilders, along with a British consortium comprising BAE Systems and Babcock International, were shortlisted in December to compete for the contract....
...The small cohort of firms, dominated by Institutional Shareholder Services and Glass Lewis, are having an outsize impact on the corporate world....
...Insta-bae became not just a description of something you had seen but an explicit target to seek out....
...The co-chairs include Jan du Plessis, chair of BT; Carolyn McCall, chief executive of ITV; Roger Carr, chair of BAE Systems; Ian Davis, chair of Rolls-Royce; James Timpson, chief executive of Timpson; Brent...
...The de facto duopoly of ISS and Glass Lewis enjoys immense, under-appreciated clout in corporate boardrooms across the US....
...They can be unrealistic, like the failed €36bn tie-up between the European defence giants BAE Systems and EADS in 2012; overpriced and overleveraged, like the takeover of the UK’s airports by Spain’s Ferrovial...
...The Chequers statement appeared to address these concerns, and Roger Carr, chair of BAE Systems, the UK defence manufacturer, said: “A step in the direction of frictionless trade with the EU after Brexit...
...In October, BAE Systems announced 2,000 job cuts, roughly 1,400 of which will come at its aerospace sites in Lancashire, where the Eurofighter Typhoon is assembled, and in Yorkshire....
...Among the business leaders invited were Emma Walmsley, chief executive of GlaxoSmithKline; Dave Lewis, Tesco chief executive; Roger Carr, chairman of BAE Systems; Paul Drechsler, president of the CBI; and...
...However, last week, two influential shareholder advisory groups, ISS and Glass Lewis, urged shareholders to back Mr Brydon, saying that TCI had failed to present a compelling case for his removal....
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