Shareholder – Kat Masters http://katmasters.com/ Wed, 29 Jun 2022 16:31:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://katmasters.com/wp-content/uploads/2021/06/icon-2021-06-25T173039.237-150x150.png Shareholder – Kat Masters http://katmasters.com/ 32 32 SHAREHOLDER ALERT: Gross Law Firm Notifies Teladoc Health, Inc. Shareholders of Class Action and Deadline for Lead Plaintiff of August 5, 2022 https://katmasters.com/shareholder-alert-gross-law-firm-notifies-teladoc-health-inc-shareholders-of-class-action-and-deadline-for-lead-plaintiff-of-august-5-2022/ Wed, 29 Jun 2022 16:31:00 +0000 https://katmasters.com/shareholder-alert-gross-law-firm-notifies-teladoc-health-inc-shareholders-of-class-action-and-deadline-for-lead-plaintiff-of-august-5-2022/ NEW YORK, June 29, 2022 /PRNewswire/ — Gross Law Firm Issues the Following Notice to Shareholders of Teladoc Health, Inc. Shareholders who purchased shares of TDOC during the Class Period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any […]]]>

NEW YORK, June 29, 2022 /PRNewswire/ — Gross Law Firm Issues the Following Notice to Shareholders of Teladoc Health, Inc.

Shareholders who purchased shares of TDOC during the Class Period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/teladoc-health-inc-loss-submission-form/?id=29287&from=4

COURSE PERIOD: October 28, 2021 at April 27, 2022

ALLEGATIONS: The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, negatively impacted BetterHelp and the Teladoc’s chronic care business; (ii) as a result, the growth of these companies was less sustainable than the defendants had led investors to believe; (iii) as a result, Teladoc’s fiscal year 2022 revenue and Adjusted EBITDA projections were unrealistic; (iv) as a result of all of the foregoing, Teladoc would be required to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company’s public statements were materially false and misleading at all material times.

DEADLINE: August 5, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/teladoc-health-inc-loss-submission-form/?id=29287&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of TDOC during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a principal applicant is August 5, 2022. There is no cost or obligation for you to participate in this deal.

WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY10018
E-mail: [email protected]
Telephone: (646) 453-8903

SOURCE The Raw Law Firm

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WM SHAREHOLDER ALERT: Jakubowi – GuruFocus.com https://katmasters.com/wm-shareholder-alert-jakubowi-gurufocus-com/ Mon, 27 Jun 2022 09:57:25 +0000 https://katmasters.com/wm-shareholder-alert-jakubowi-gurufocus-com/ NEW YORK, June 17, 2022 /PRNewswire/ — Jakubowitz Law announces that a securities fraud class action lawsuit has been filed on behalf of shareholders of Waste Management, Inc. (NASDAQ: WM). To receive updates on the trial, complete the form:https://claimyourloss.com/securities/waste-management-inc-loss-submission-form/?id=28697&from=4 This lawsuit is on behalf of all purchasers of certain redeemable senior notes of Waste Management […]]]>

NEW YORK, June 17, 2022 /PRNewswire/ — Jakubowitz Law announces that a securities fraud class action lawsuit has been filed on behalf of shareholders of Waste Management, Inc. (NASDAQ: WM).

To receive updates on the trial, complete the form:
https://claimyourloss.com/securities/waste-management-inc-loss-submission-form/?id=28697&from=4

This lawsuit is on behalf of all purchasers of certain redeemable senior notes of Waste Management between February 13, 2020 and June 23, 2020.

Shareholders interested in acting as lead plaintiff representing the group of aggrieved shareholders have up to August 8, 2022 seize the tribunal. Your ability to participate in any collection does not require you to serve as the lead plaintiff.

According to a complaint filed, Waste Management, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the United States Department of Justice advised Waste Management that it would require Waste Management to yield much more assets than $200 million set forth in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be effected by July 14, 2020, the termination date provided for in the merger agreement; and (iii) the redeemable senior notes of Waste Management would be subject to a mandatory redemption at 101% of par.

The Jakubowitz Act is vigorous in its pursuit of justice for shareholders who have been victims of securities fraud. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th floor
New York, New York 10036
Such. : (212) 867-4490
Fax : (212) 537-5887

Show original content:https://www.prnewswire.com/news-releases/wm-shareholder-alert-jakubowitz-law-reminds-waste-management-shareholders-of-a-lead-plaintiff-deadline-of-august-8-2022- 301570064.html

SOURCE Jakubowitz’s Law

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IONQ Shareholder Update: Robbi – GuruFocus.com https://katmasters.com/ionq-shareholder-update-robbi-gurufocus-com/ Sat, 25 Jun 2022 01:26:44 +0000 https://katmasters.com/ionq-shareholder-update-robbi-gurufocus-com/ SAN DIEGO, June 14, 2022 (GLOBE NEWSWIRE) — The class: Law firm in shareholder law Robbins LLP reminds investors that a shareholder has filed a class action lawsuit on behalf of all persons and entities who purchased or otherwise acquired IonQ securities (:IONQ) between March 30, 2021 and May 2, 2022, for violation of the […]]]>

SAN DIEGO, June 14, 2022 (GLOBE NEWSWIRE) — The class: Law firm in shareholder law Robbins LLP reminds investors that a shareholder has filed a class action lawsuit on behalf of all persons and entities who purchased or otherwise acquired IonQ securities (:IONQ) between March 30, 2021 and May 2, 2022, for violation of the Securities Exchange Act of 1934. IonQ claims to “develop quantum computers designed to solve the world’s most complex problems”.

If you want more information about the misconduct of IonQ, Inc., click here.

What this case is about: IonQ, Inc. (IONQ, Financial) failed to disclose material information about the development and effectiveness of its computers to shareholders

According to the complaint, on September 30, 2021, IonQ became a public entity through a business combination with dMY Technology Group, Inc. III, a special purpose acquisition company. On May 3, 2022, Scorpion Capital released a research report alleging, among other things, that IonQ is a “scam based on misrepresentations about nearly every key aspect of technology and business.” He further claimed that the company reported “[f]fictitious “income” via fictitious transactions and round trips between related parties. Following the news, shares of the company fell $0.71, or 9%, to close at $7.15 per share on May 3, 2022, on unusually high trading volume.

During the Class Period, the Defendants failed to disclose to investors that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the company’s 11-qubit quantum computer suffered from high error rates, rendering it useless; and (3) IonQ’s quantum computer is not reliable enough, so it is not accessible although it is available from major cloud providers. Defendants also failed to disclose that a significant portion of IonQ’s revenue was derived from improper round-trip transactions with related parties.

Next Not: If you have acquired shares of IonQ, Inc. (IONQ, financial) between March 30, 2021 and May 2, 2022, you have until August 1, 2022, to ask the court to name you as the lead plaintiff in the class. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation. You don’t have to be in the case to be eligible for a clawback.

All representation is done on a contingent fee basis. Shareholders do not pay any fees or expenses.

Contact us for more information:

Aaron Dumas
(800) 350-6003
[email protected]
Shareholder Information Form

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP are dedicated to helping shareholders recoup losses, improving corporate governance structures and holding leaders together. responsible for their wrongdoings since 2002. To be notified if a class action lawsuit against IonQ, Inc. settles or to receive free alerts when corporate executives commit wrongdoing, sign up for Watch Inventory today.

Lawyer advertisement. Past results do not guarantee a similar result.

Robbins-LLP.png

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Oando Puts Shareholder Dispute Behind It and Announces Full Year 2019 and 2020 Results https://katmasters.com/oando-puts-shareholder-dispute-behind-it-and-announces-full-year-2019-and-2020-results/ Wed, 22 Jun 2022 17:57:35 +0000 https://katmasters.com/oando-puts-shareholder-dispute-behind-it-and-announces-full-year-2019-and-2020-results/ On Wednesday, June 22, Oando, Nigeria’s leading indigenous energy solutions provider, finally released its long-awaited financial statements for year-end 2019 and 2020. You will recall that the 3-year delay in releasing results of the company was precipitated by the Securities and Exchange Commission’s (SEC) suspension of Oando’s 2018 annual general meeting (AGM) following a dispute […]]]>

On Wednesday, June 22, Oando, Nigeria’s leading indigenous energy solutions provider, finally released its long-awaited financial statements for year-end 2019 and 2020. You will recall that the 3-year delay in releasing results of the company was precipitated by the Securities and Exchange Commission’s (SEC) suspension of Oando’s 2018 annual general meeting (AGM) following a dispute with an indirect shareholder, Ansbury Investment Inc.

The suspension of the company’s 2018 annual general meeting and ensuing issues prevented shareholders from being kept up to date on business operations, a move repeatedly decried by Oando and its executives as not in the best interest of the market.

In July 2021, Oando reached a settlement with the SEC on all matters in dispute and other issues arising therefrom, thereby ending part of the dispute with Ansbury. The key for Oando was that the SEC found the company to be guilty of no wrongdoing and, through a settlement, was able to prevent further market disruption and harm to Oando PLC shareholders. .

After 12 consecutive quarters of profits through the third quarter of 2019, the company reported in its 2019 audited financial statements a post-tax loss of N207.1 billion, largely attributable to goodwill and loan impairments associated with the dispute. indirectly between shareholders. The settlement of this long-standing dispute resulted in a N148 billion write-down on financial assets, but constitutes the final resolution and settlement of the dispute with Ansbury, the indirect shareholder whose shares had significantly destroyed shareholder value over the course of of the past four years. The company has been resolved to reaffirm that all actions taken to date have always been in the interest of all Oando shareholders. Additionally, shareholders have consistently called on the company to take all necessary steps to resolve this dispute and move the business forward.

The actions of the SEC and the indirect shareholder have largely contributed to significantly eroding the value of its share, from its listing price of an average of N9 per share in 2017 to an average of N3 per share in 2022. Despite the loss, this action has far-reaching and positive implications – the settlement finally knocks Ansbury out of the picture and will be a welcome relief to the company, its shareholders and the market as it finally allows management to focus their efforts. on defining a new path to growth and value creation for its shareholders.

With 2019 behind it, the business faced a new challenge in 2020 in the form of the COVID-19 pandemic which negatively affected all businesses, not just those operating in the oil and gas sector. In the company’s 2020 year-end financial statements, a post-tax loss of N132.6 billion, down 36% from 2019, was reported. A positive bias in the results of the previous year.

The drop in oil revenue is explained by the fall in the price of crude oil following the COVID-19 epidemic and the price war between Saudi Arabia and Russia, which led to a supply glut. The price war between Saudi Arabia and Russia that erupted on March 4 over the collapse of the OPEC+ deal was a major factor in turning an already deteriorating situation into an existential crisis for many companies including international oil companies like Royal Dutch Shell, Chevron, ExxonMobil, etc. and local businesses like Oando among others. Royal Dutch Shell, ExxonMobil, BP, Total, ENI, Baker Hughes, ConocoPhillips, Chevron, Equinor, Halliburton and Schlumberger had a combined net loss of $119.2 billion. ExxonMobil posted the biggest loss at $22.4 billion, followed by Royal Dutch Shell with a loss of $21.7 billion and BP with a loss of $20.3 billion. Closer to the original companies such as Seplat, another indigenous player had to revalue its oil and gas assets down by $114.4 million to reflect the drop in crude oil prices of 2020, which reversed the operating profit of $82.7 million to a loss for the year 2020 of US$85.3 million, the company additionally suffered a non-cash impairment of $144.3 million.

In this context and like other oil and gas players around the world, Oando reported further impairments of financial and non-financial assets which had a significant impact on its after-tax finances.

The COVID-19 pandemic was the cause of the oil and gas industry’s third price crash in 12 years. This was notably the worst shock among the three because there was an unprecedented drop in demand for oil and its derivatives. This, combined with OPEC+’s inability to accept production cuts, resulted in a global oversupply of 35 million barrels per day at the end of the first quarter of 2020.

Commenting on the 2020 results, Wale Tinubu, Group Managing Director, Oando PLC, said:

“2020 has proven to be an unprecedented year for the global economy due to the impact of the novel COVID-19 pandemic. The oil and gas industry has been no exception as the year s proved to be one of the toughest years in its history as we witnessed the lowest oil prices since our time in Nigeria’s upstream sector in 2008 which negatively impacted our revenue during the period. This required us to write down some of the goodwill on our balance sheet to ensure that the carrying value of our assets accurately reflected the environment we operated in. In addition, funding the second tranche of the settlement of a prolonged and disruptive shareholder issue contract led us to record a new impairment on a category of our financial and non-financial assets.Despite these challenges, our hedging policy and our long-term offtake contracts have our cash flows not to be severely constrained during this period.

In an uncertain operating environment, the company’s operating performance remained on track as it increased upstream production by 5%, while downstream traded volumes of crude oil and refined products increased by 13% and 53% respectively.

However, these results are retrospective, more than 2 and 1 year behind respectively, so more attention should be paid to the company’s current results, especially the 2021 FYE and 2022 quarters, as they accurately reflect the latest company financial information. status and prospects. Based on recent initiatives announced by the company, as well as the external operating environment, Oando is still very much up and running with highlights that speak to a viable future, including its announcement in 2021 of an expansion of its portfolio. of activities to include renewable energy, a recently signed Memorandum of Understanding with Lagos State for the deployment of electric transit buses and electric vehicle infrastructure across the state and the high prices and oil-backed stocks that the market is relying on to translate into more optimistic financials in 2022.

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SHAREHOLDER ALERT: Le Gross L https://katmasters.com/shareholder-alert-le-gross-l/ Mon, 20 Jun 2022 11:33:13 +0000 https://katmasters.com/shareholder-alert-le-gross-l/ NEW YORK, May 11, 2022 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Netflix, Inc. Shareholders who have purchased shares of NFLX during the stated class period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate […]]]>

NEW YORK, May 11, 2022 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Netflix, Inc.

Shareholders who have purchased shares of NFLX during the stated class period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/netflix-inc-loss-submission-form-2/?id=27040&from=4

COURSE PERIOD: This lawsuit is on behalf of individuals and entities that have purchased or otherwise acquired Netflix common stock or call options, or sold put options, between October 19, 2021 and April 19, 2022included.

ALLEGATIONS: The Complaint alleges that during the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, the account sharing by customers and increased competition from other streaming services; (2) the Company was having difficulty retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis; (4) as a result, the Company’s financial results were negatively affected; and (5) as a result of the foregoing, defendants’ positive statements about the company’s business, operations and prospects were materially false and/or misleading and/or lacked reasonable basis.

DEADLINE: July 5, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/netflix-inc-loss-submission-form-2/?id=27040&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of NFLX during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a principal applicant is July 5, 2022. There is no cost or obligation for you to participate in this deal.

WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY10018
E-mail: [email protected]
Telephone: (646) 453-8903

Show original content:https://www.prnewswire.com/news-releases/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-netflix-inc-of-a-class-action-lawsuit-and-a- lead applicant-deadline-july-5-2022–nasdaq-nflx-301544515.html

SOURCE The Raw Law Firm

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Lyft agrees to $25 million settlement with shareholders over security allegations https://katmasters.com/lyft-agrees-to-25-million-settlement-with-shareholders-over-security-allegations/ Fri, 17 Jun 2022 02:20:00 +0000 https://katmasters.com/lyft-agrees-to-25-million-settlement-with-shareholders-over-security-allegations/ “Inaccuracies and omissions” ahead of its IPO include failure to disclose the “existential risk” presented by reports of drivers assaulting passengers on the platform, as well as security concerns over its bike-sharing business. The preliminary settlement agreement, detailed in a filing Thursday, is pending approval by Judge Haywood S. Gilliam, Jr. of the Northern District […]]]>

“Inaccuracies and omissions” ahead of its IPO include failure to disclose the “existential risk” presented by reports of drivers assaulting passengers on the platform, as well as security concerns over its bike-sharing business.

The preliminary settlement agreement, detailed in a filing Thursday, is pending approval by Judge Haywood S. Gilliam, Jr. of the Northern District of California. Notably, the money would go to shareholders, not directly to people who were victimized and reported such incidents.

“This settlement resolves a shareholder class action lawsuit related to statements from Lyft’s initial public offering and its financial impact on investors — these are not claims related to security on the platform,” it said. declared Lyft (LYFT) spokeswoman Gabriela Condarco-Quesada in a statement to CNN Business Thursday evening.

Shareholders also took issue with Lyft’s claims about market share growth ahead of its IPO.

The lawsuit, first filed in 2019 after the company went public, alleged a disconnect between Lyft’s public image and its handling of sexual assault incidents.

“Lyft has cultivated a brand image as a safer and more socially responsible ridesharing alternative, with a focus on appealing to female riders,” Thursday’s filing said. “After the IPO, however, dozens of reports surfaced that Lyft drivers had sexually assaulted their passengers. Dozens of individuals filed complaints against Lyft for sexual misconduct by drivers in the months following the Initial Public Offering.”

Shareholders say Lyft did not disclose this in its IPO listing documents.

Lyft finally released its first-ever safety report in October 2021 in which it revealed it had received 4,158 reports of sexual assaults on its platform from 2017 to 2019. The disclosure came more than three years after Lyft and its rival. Uber (UBER) committed to posting security reports disclosing incidents of sexual assault and abuse on their platforms after a CNN Survey 2018 in the problem. Lyft said the vast majority of trips (or 99%) reported no security incidents for the period included in its report.
Both companies continue to face a number of lawsuits from individuals over their alleged security incidents on their platforms. A small number of claims Lyft faces are expected to go to trial in a coordinated proceeding later this year.
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BlackRock Expands Shareholder Voting Capabilities for Investors Outside the U.S. https://katmasters.com/blackrock-expands-shareholder-voting-capabilities-for-investors-outside-the-u-s/ Mon, 13 Jun 2022 04:04:50 +0000 https://katmasters.com/blackrock-expands-shareholder-voting-capabilities-for-investors-outside-the-u-s/ BlackRock extends voting rights to certain large investors in certain countries outside of the United States. The world’s largest asset manager is under scrutiny for its considerable influence as a shareholder. BlackRock’s global head of ETFs said he expects more investors to vote their own stocks over time. BlackRock is giving bigger investors like insurance […]]]>
  • BlackRock extends voting rights to certain large investors in certain countries outside of the United States.
  • The world’s largest asset manager is under scrutiny for its considerable influence as a shareholder.
  • BlackRock’s global head of ETFs said he expects more investors to vote their own stocks over time.

BlackRock is giving bigger investors like insurance companies and pension funds invested in its products a bigger megaphone in corporate boardrooms.

The New York-based company’s move, which was announced on Monday, is another milestone for the world’s largest asset manager. as he faces criticism of certain legislators on its influence as an institutional shareholder. Typically, asset managers like BlackRock vote on shareholder proposals on behalf of investors who have purchased their funds.

Last fall, BlackRock said it would give select institutional clients the ability to vote on shareholder proposals themselves starting in January.

This means that more large companies – themselves representing millions of end investors – have the ability to vote as they wish in the companies they are invested in, rather than having BlackRock vote on their behalf.

BlackRock says it is now extending this option to some large investors in Canada and Ireland for the first time, as well as others in the UK. Overall, clients representing 47% of BlackRock’s $4.9 trillion in index-tracking assets worldwide can now vote for their own shares. That’s a 40% increase when BlackRock launched the program, called BlackRock Voting Choice.

And BlackRock says investors have so far accepted the asset manager’s $9.6 trillion offer. Customers representing a quarter of eligible assets now say they choose to vote for their own shares, according to BlackRock.

The wide-ranging effort is overseen by executives including chief client officer Mark McCombe, global head of investment management Sandy Boss, and Salim Ramji, who manages exchange-traded funds and index investments in the world.

Customers may have their own internal expertise when considering how to use their votes or have a view on certain issues they want to voice, Ramji told Insider. “It’s their money. They own the assets. If we can make it easy for them, they will,” he said.

“You may have clients who appreciate that we take a long-term view of economic returns, but may have a different investment philosophy,” he said, adding that he expects that more customers choose to vote as they please. time.

power of attorney

These measures aimed at giving investors the opportunity to vote themselves at shareholders’ meetings reflect the meticulous examination on the asset management giant and its competitors, including Vanguard and State Street, on their wide range of funds that hold major corporate chucks on behalf of investors.

“By letting more clients vote their own proxies, BlackRock anticipates any regulatory action that may come sooner or later,” said Hortense Bioy, global director of sustainability research at Morningstar, said in a report last October. “There is only a certain concentration of power that policy makers can tolerate.”

BlackRock’s management team, among the largest on Wall Street, still claims a lot of power in the world of proxy voting.

Last year, BlackRock’s investment management team, led by Boss, a former longtime partner at advisory firm McKinsey, interacted with thousands of public companies it invests in on behalf of investors. .

BlackRock voted on some 164,000 proposals at about 13,600 companies in 2021, voting on issues including executive pay, climate-related disclosures and who sits on boards. BlackRock noted in stewardship report that he strongly supports the management teams. He voted for the election of 90% of board directors globally last year.

Other companies have taken steps to expand investor voting power as growing numbers of retail investors have flocked to the market during the pandemic. Last year, popular brokerage app Robinhood acquired Say Technologies, a startup that aimed to connect investors to the companies they invest in to vote their stocks and have their say about their investments.

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AutoNation, Inc. (NYSE:AN) Major Stockholder Sells $4,646,272.34 in Shares https://katmasters.com/autonation-inc-nysean-major-stockholder-sells-4646272-34-in-shares/ Sat, 11 Jun 2022 04:15:41 +0000 https://katmasters.com/autonation-inc-nysean-major-stockholder-sells-4646272-34-in-shares/ AutoNation, Inc. (NYSE: ONE – Get a rating) top shareholder Edward S. Lampert sold 38,153 shares in a trade that took place on Wednesday, June 8. The shares were sold at an average price of $121.78, for a total transaction of $4,646,272.34. Following the completion of the transaction, the insider now owns 8,225,959 shares of […]]]>

AutoNation, Inc. (NYSE: ONEGet a rating) top shareholder Edward S. Lampert sold 38,153 shares in a trade that took place on Wednesday, June 8. The shares were sold at an average price of $121.78, for a total transaction of $4,646,272.34. Following the completion of the transaction, the insider now owns 8,225,959 shares of the company, valued at $1,001,757,287.02. The sale was disclosed in a filing with the Securities & Exchange Commission, accessible via this hyperlink. Large shareholders who own 10% or more of a company’s stock are required to disclose their sales and purchases to the SEC.

Shares of A stock traded at $2.64 in Friday’s midday session, reaching $120.12. The company had a trading volume of 987,033 shares, compared to an average volume of 879,667. AutoNation, Inc. has a 52-week low of $88.32 and a 52-week high of $133.48. The company has a debt ratio of 1.51, a current ratio of 1.16 and a quick ratio of 0.55. The company’s 50-day simple moving average is $113.76 and its 200-day simple moving average is $113.17. The stock has a market capitalization of $7.37 billion, a price/earnings ratio of 5.56, a PEG ratio of 0.21 and a beta of 1.14.

Auto Nation (NYSE: ONEGet a rating) last released its quarterly earnings data on Thursday, April 21. The company reported earnings per share of $5.78 for the quarter, beating consensus analyst estimates of $5.39 by $0.39. The company posted revenue of $6.75 billion for the quarter, versus analyst estimates of $6.51 billion. AutoNation had a net margin of 5.60% and a return on equity of 59.93%. AutoNation’s quarterly revenue increased 14.4% year over year. During the same period last year, the company posted EPS of $2.79. Analysts expect AutoNation, Inc. to post EPS of 23.2 for the current year.

Several brokerages have weighed in on AN recently. StockNews.com upgraded shares of AutoNation from a “buy” rating to a “strong buy” rating in a Friday, May 27 research report. Truist Financial upgraded AutoNation shares from a “hold” rating to a “buy” rating and raised its price target for the company from $130.00 to $140.00 in a research note from the Monday, April 25. Wells Fargo & Company raised its target price on AutoNation from $137.00 to $153.00 and gave the company an “overweight” rating in a Friday, April 22 report. JPMorgan Chase & Co. downgraded AutoNation from a “neutral” to an “overweight” rating and lowered its price target for the stock from $140.00 to $130.00 in a Thursday research note April 7. Finally, Morgan Stanley cut its price target on AutoNation from $108.00 to $107.00 and set an “equal weight” rating for the company in a Friday, May 20 research note. Two research analysts gave the stock a hold rating, five gave the company a buy rating and one gave the company a strong buy rating. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $146.71.

Hedge funds and other institutional investors have recently been buying and selling stocks. Morgan Stanley increased its stake in AutoNation by 9.8% during the second quarter. Morgan Stanley now owns 444,022 shares of the company valued at $42,098,000 after acquiring 39,642 additional shares last quarter. HighTower Advisors LLC increased its position in AutoNation shares by 1.7% in the third quarter. HighTower Advisors LLC now owns 6,148 shares of the company valued at $750,000 after purchasing 101 additional shares during the period. GSA Capital Partners LLP acquired a new position in AutoNation in the third quarter worth $607,000. Franklin Resources Inc. increased its position in AutoNation by 2.1% during the third quarter. Franklin Resources Inc. now owns 4,701 shares of the company worth $572,000 after purchasing 95 additional shares during the period. Finally, AXA SA increased its position in AutoNation by 0.8% during the third quarter. AXA SA now owns 142,400 shares of the company worth $17,339,000 after purchasing an additional 1,200 shares during the period. 84.44% of the shares are held by hedge funds and other institutional investors.

AutoNation Company Profile (Get a rating)

AutoNation, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The Company operates through three segments: domestic, import and high-end luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as auto repair and maintenance, wholesale parts, and collision services.

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96% of Caterpillar shareholders vote in favor of climate action – A critical development in the decarbonization of the industrial sector https://katmasters.com/96-of-caterpillar-shareholders-vote-in-favor-of-climate-action-a-critical-development-in-the-decarbonization-of-the-industrial-sector/ Wed, 08 Jun 2022 21:15:00 +0000 https://katmasters.com/96-of-caterpillar-shareholders-vote-in-favor-of-climate-action-a-critical-development-in-the-decarbonization-of-the-industrial-sector/ BERKELEY, Calif., June 8, 2022 /CNW/ – Today at Caterpillar’s annual general meeting, 96% of investors (according to the company’s preliminary tally) backed a shareholder resolution Dropping by as you sow, Merged bank, Canada Postand TO SHARE. SHARE, logo of the Association of Shareholders for Research and Education. (CNW Group/SHARE (Shareholders Association for Research and […]]]>

BERKELEY, Calif., June 8, 2022 /CNW/ – Today at Caterpillar’s annual general meeting, 96% of investors (according to the company’s preliminary tally) backed a shareholder resolution Dropping by as you sow, Merged bank, Canada Postand TO SHARE.

SHARE, logo of the Association of Shareholders for Research and Education. (CNW Group/SHARE (Shareholders Association for Research and Education))

The resolution calls on the leadership to release a report disclosing interim and long-term greenhouse gas targets aligned with the Paris Agreement goal of keeping global temperature rise to 1.5° C, and the progress made in achieving them. The targets should cover Scope 3 emissions from customer use of products that burn operational fuels, which account for the vast majority of value chain emissions.

“Today’s majority vote is a loud and clear call from Caterpillar owners for the company to address its significant climate impact and take a leadership position in decarbonizing the industrial sector.” , said Ivan Frishbergdirector of sustainable development at Amalgamated Bank.

Caterpillar is a leading manufacturer of construction and mining equipment, engines, turbines and locomotives. Currently, the company has failed to set science-based 1.5°C targets and has no targets covering its emissions from customer use of its products. The Climate Action 100+a coalition of 700 investors with $68 trillion of assets, lists Caterpillar as a Focused Company and one of the world’s largest carbon emitters.

“As demonstrated today, shareholders are championing climate action, and Caterpillar’s response to this vote will dictate their ability to remain competitive in a low-carbon economy,” said Karen Lockridge, Director of ESG Investments at Canada Post Pension Plan.

“Caterpillar’s continued inaction to align its climate goals with the CA100+ Benchmark puts the company and investors at risk as the global economy rapidly moves toward net zero emissions. Investors want to see appropriate targets immediately,” said Antoine Scheindirector of SHARE.

Today’s vote is the result of a multi-year engagement effort to align Caterpillar’s climate strategy with the net zero interests of investors. In 2021 as you sow filed a similar resolution in favor of setting a net zero goal, which received a 48% vote. Despite this significant show of investor support for the stock, the company has not made progress in setting adequate targets over the past year to meet this demand. Its current targets do not incorporate its Scope 3 emissions, and absolute target reductions of 30% of Scope 1 and 2 emissions by 2030, well below the 50% deemed necessary to be aligned with the target of 1 .5°C of the Paris Agreement.

Caterpillar is falling behind industrial peer manufacturers who are embracing ambitious goals and more transparent information. Deere & Company the objectives set reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 30% by 2030 and is in the process of validating its 1.5°C alignment targets through the Science Based Targets Initiative. GE set a net zero by 2050 target that explicitly covers emissions produced by the use of the products it sells, such as jet engines and natural gas turbines.

“Investors are beginning to lose faith in management’s ability to control climate risk as the company continues to ignore shareholder expectations that the company will quickly set science-aligned targets to avoid the worst effects of climate change. climate change and develop a transition strategy”, said Daniel Stuartenergy program manager As you sow.

ABOUT SHARE

SHARE is a Canadian leader in responsible investment services, research and education for institutional investors and shareholder engagement, advisory and proxy advisory services, education and timely research that helps investors integrate environmental, social and governance issues into the investment management process. share.ca

ABOUT AS YOU SOW

as you sow is the leading non-profit shareholder advocacy organization United States, with 30 years of experience promoting corporate environmental and social responsibility and promoting values-aligned investments. His areas of interest include climate change, ocean plastics, pesticides, racial justice, workplace diversity and executive compensation. Click here for as you sow tool for monitoring shareholder resolutions. asyousow.org

SOURCE SHARE (Association of shareholders for research and education)

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Sainsbury’s Faces shareholder vote on paying a real living wage https://katmasters.com/sainsburys-faces-shareholder-vote-on-paying-a-real-living-wage/ Mon, 06 Jun 2022 04:30:02 +0000 https://katmasters.com/sainsburys-faces-shareholder-vote-on-paying-a-real-living-wage/ Newswires MT 2022 All news about J SAINSBURY PLC Analyst Recommendations for J SAINSBURY PLC 2022 sales 29,887M 37,381M 37,381M 2022 net income 538M 672 million 672 million Net debt 2022 6,356 million 7,949 million 7,949 million PER 2022 ratio 9.63x 2022 return 5.36% […]]]>







Newswires MT 2022

All news about J SAINSBURY PLC

Analyst Recommendations for J SAINSBURY PLC

2022 sales 29,887M
37,381M
37,381M
2022 net income 538M
672 million
672 million
Net debt 2022 6,356 million
7,949 million
7,949 million
PER 2022 ratio 9.63x
2022 return 5.36%
Capitalization 5,285 million
6,611 million
6,611 million
EV / Sales 2022 0.39x
EV / Sales 2023 0.39x
# of employees 117,000
Floating 98.7%


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J Sainsbury plc Technical Analysis Chart |  MarketScreener

Trending Technical Analysis J SAINSBURY PLC

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Tendencies Bearish Bearish Bearish



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Medium consensus HOLD
Number of analysts 15
Last closing price 227.20 GB
Average target price 257.73GBX
Average Spread / Target 13.4%


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