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Christian Brothers doesn't want Buffett on Berkshire Hathaway's board
trueChristian Brothers Investment Services is opposing the election of all Berkshire Hathaway Inc. directors, including Warren E. Buffett, chairman and CEO.
Comcast agrees to disclose political spending; N.Y. State Common withdraws resolution
trueThe New York State Common Retirement Fund, Albany, has reached an agreement with Comcast Corp. in which the media company will disclose political spending made with corporate money.
CalSTRS updates proxy votes on Coca-Cola in support of compensation proposals
trueCalSTRS reversed its position on Coca-Cola Co. and will now support the pay package of Muhtar Kent, the company's chairman and CEO, and other top executives, according to the pension fund's proxy voting disclosure.
CalSTRS still mulling Coca-Cola proxy ballot
trueCalSTRS plans to take down from its website its disclosure of its votes on proposals at Coca-Cola Co. because the posting “did not represent our intentions,” said spokesman Ricardo Duran.
Ontario Teachers to vote against Coca-Cola compensation and equity plans
trueOntario Teachers’ Pension Plan, Toronto, will vote against Coca-Cola Co.’s 2014 executive compensation and equity plan, according to the C$140.8 billion (US$128.9 billion) plan’s website.
Investors withdraw proposal after Exxon Mobil agrees on fracking disclosure
trueThe New York City pension funds and other filers agreed to withdraw a shareholder proposal at Exxon Mobil Corp. after the company consented to increase disclosure about public and environmental risks associated with its hydraulic fracturing for shale gas.
Peabody Energy agrees to Connecticut pension fund's request to produce fossil-fuel report
truePeabody Energy agreed to produce a report analyzing fossil fuels and their impact on climate change at the request of the Connecticut Retirement Plans & Trust Funds.
3 withdraw shareholder-access resolution at Disney
trueCalSTRS, Connecticut Retirement Plans & Trust Funds and Legal & General Investment Management withdrew their proposal at Walt Disney Co. calling for shareholder access to corporate proxy material to nominate directors, according to a webcast of the company's annual meeting Tuesday.
Vestar Capital Partners to acquire Institutional Shareholder Services
trueVestar Capital Partners will acquire Institutional Shareholder Services from MSCI for $364 million, according to a joint statement from the private equity firm and MSCI.
CalSTRS, Connecticut help drive Disney proxy access proposal
trueWalt Disney Co. shareholders face voting on a non-binding proxy proposal co-sponsored by CalSTRS, Connecticut Retirement Plans & Trust Funds and Legal & General Investment Management, calling for shareholder access to corporate proxy material to nominate directors.
Franklin Resources shareholders elect all directors, reject proposal on genocide divestment
trueFranklin Resources Inc. shareholders on Wednesday elected all directors to the board and rejected a shareholder proposal calling for the company's investment management units to divest companies that contribute to genocide, all results that bucked contrary voting positions by some large pension ...
CalSTRS, Illinois State Board reveal votes on Franklin Resources
trueCalSTRS and the Illinois State Board of Investment plan to vote against electing some directors to the board of Franklin Resources Inc., joining other pension funds opposing election of some of the directors.
Lines being drawn in Franklin Resources proxy battles
truePension fund shareholders have lined up on opposite sides in voting on election of directors and a shareholder proposal calling for genocide-free investing at Franklin Resources Inc.
U.S. court rules in favor of Chevron, says Ecuadorean judgment result of fraud
trueAn $18 billion judgment against Chevron Corp. in Ecuador over remediation for environmental damage was the result of fraud and is unenforceable in the U.S., according to a ruling released Tuesday by the U.S. District Court in New York.
Connecticut, New York pension funds target Alliant for gun-control proxy proposal
trueAlliant Techsystems Inc. shareholders will face a joint proxy proposal from the Connecticut Retirement Plans & Trust Funds and New York State Common Retirement Fund calling on the company to address “public safety issues arising from the misuse of firearms and ammunition that poses risk to investor ...