Hints and tips:
...As markets hit record highs, the ratio of corporate insider selling to insider buying is at the highest level since the first quarter of 2021, according to Verity LLC, which tracks insider trading disclosures...
...are fully behind the effort....
...Others say the emphasis on the role of the investment firms in proxy voting was misplaced to begin with....
...“The common denominator tends to be the same: if the requests can be linked to economic value it tends to resonate well with shareholders,” Papadopoulos added....
...Stern had decided not to vote for the Trian proposals, he said, because “we think Disney’s shareholders are better served by continuous focus on the business than further disruption on the board”....
...The proposal was submitted by the AFL-CIO, the US’s largest trade union federation. The Sunday Times first reported LGIM’s backing of the proposal. Apple declined further comment....
...The structure of the bonds means investors receive their principal back at the end of the seven-year term, guaranteed by the World Bank, plus a minimum interest payment of 1.75 per cent....
...(Patrick Temple-West) Smart read I recommend Kenza Bryan’s article with our colleague Joe Daniels, reporting from Georgetown, Guyana, about the country’s carbon credits....
...“BlackRock is the biggest punching bag because it is the largest asset manager in the world and . . ....
...Plus, Warren Buffett is sounding the alarm over wildfires and the utilities industry....
...The company says it provides proxy services for about 80 per cent of outstanding shares in the US....
...(Patrick Temple-West) Heat and flooding spell trouble for Asian apparel hubs As the world sizzled under oppressive heat this year, new research found that reductions in productivity due to extreme weather...
...Additional reporting by Patrick Temple-West in New York...
...The company also drew attention for linking arms with a pretty big name in ESG that Moral Money readers will recognise. — Patrick Temple-West Mr ESG joins ESG Inc Hiro Mizuno built a reputation as one...
...,” the rating agency said....
...the right and the left....
...In the US, regulations allow the biomedical industry to collect a portion of a horseshoe crab’s blood and then release it alive in the area where it was collected....
...MSCI and S&P have put companies linked to the Myanmar junta in their ESG products, as my colleague Patrick Temple-West reports this week. But active funds have questionable holdings too....
...Opened in 2017, Apple Park is a circular temple of high technology....
...The criticism did not stop there, as users accused Nongfu Spring of using a picture of a Japanese temple on its bottled tea labels....
...(Patrick Temple-West) The next FT Moral Money Forum report will dig deep into carbon markets, and we want to hear from you. Do you favour carbon taxes? Can voluntary markets overcome quality concerns?...
...“I hope the board got the message that investors want them to exit Grail. But we still don’t have clarity on the path forward.”...
...Vanguard, JPMorgan’s largest shareholder, joined the revolt. The vote was non-binding but JPMorgan subsequently said it would not give Dimon special awards in the future....
...That said, I think the board is capable of working through succession should it occur. That’s not the preference of the board, but should it occur, the board is prepared to do that....
...Montblanc is now doubling down on its writing heritage with the opening of Montblanc Haus in Hamburg, a 3,600 sq m temple dedicated to the art of writing and calligraphy workshops....
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