Investors Tell AT&T, Verizon to Come Clean on NSA Snooping
Ford’s market share for the year increased 250 basis points to 7.3%, making Ford one of the fastest-growing brands in Vietnam. “With each new vehicle we introduce, we are connecting with new customers in so many exciting and meaningful ways, which is helping to further drive the strength and appeal of the Ford brand here in Vietnam,” said Jesus Metelo Arias, managing director, Ford Vietnam. Bottom line Many overlook these markets and focus on North America, Europe, and China — and that’s understandable. However, for long-term investors that have bought into the “One Ford” plan that has turned Ford around from $30 billion in losses between 2006 and 2008, these seeds planted in emerging markets represent a much brighter, more diversified, and profitable future.
The New York State Common Retirement Fund, which manages $161 billion in assets for more than a million state employees and retirees, is the main sponsor of the proposal submitted to AT&T. AT&Ts failure to disclose what customer information it shares with U.S. and foreign governments presents significant risk to shareholder value, said New York state Comptroller Thomas P. Napoli, trustee of the retirement fund. Transparency allows investors to make informed decisions about corporate behavior. The retirement fund owns more than 15.9 million shares in AT&T, less than 1%, according to FactSet. An AT&T spokesman said, As standard practice we look carefully at all shareholder proposals, but at this point in the process we do not expect to comment on them. Trillium Asset Management LLC, based in Boston, is the lead figure in the Verizon proposal.
Investors Show Interest in Bankia
20, 2013 /PRNewswire via COMTEX/ — Investors With $100 Billion in Assets Complain to SEC of Misleading and Incomplete Statements About Climate Benefits, Carbon Neutrality, and Risk of Regulatory Action. A group of investors is urging the U.S. Securities and Exchange Commission (SEC) to review filings by three leading U.S. companies – Dominion Resources, Inc. (D), Southern Company (SO), and Covanta Holding Corp.
Investors Seek SEC Scrutiny Of Biomass Energy Claims By Dominion Resources, Southern Co. And Covanta
19, 2013 4:27 p.m. ET MADRIDSpain has received expressions of interest from investors for part of its 70% stake in Bankia SA, Finance Minister Luis de Guindos said, an indication that the lender at the heart of the country’s banking crisis may return to private hands sooner than expected. “There’s interest; it is logical. The perception of Spain has improved, and Bankia’s image has improved a lot,” Mr. De Guindos told The Wall Street Journal and…
Investors Take Stakes in Up to 1,100 Soccer Players, KPMG Says
UEFA , European soccers ruling body , wants to ban the practice, saying financial interests could damage the sports integrity. KPMG Asesores SL compiled the study for the European Club Association, whose chairman is Champions League title-holder Bayern Munich CEO Karl-Heinz Rummenigge. The combined stakes are worth as much as 1.1 billion euros ($1.5 billion), or 5.7 percent of the regional transfer markets value, according to KPMG . Bloomberg News has seen a copy of the report, which hasnt been made public. The report said that soccer should investigate relations between player agents and investors, and start an international database of the investments. The practice is widespread in 10 eastern European countries — where investors hold about 40 percent of the market value of league players — and is increasing in Spain , Portugal and the Netherlands, the report says. There is a high concentration of funds in Serbian soccer controlled by foreign groups from Spain, England and Israel, according to KPMG, which didnt name any of the teams or funds involved. Among the best-known teams in Serbia are Red Star and Partizan Belgrade. More Than Third Malta-based Doyen Sports Investments Ltd.