Shipbroker shares fly on Iran war windfall Transport & Infrastructure Shares in Clarksons climbed as much as nine per cent on Monday, after the ship broker revealed a record performance in the first half of the year and told shareholders to expect full-year results “materially ahead” of expectations. Pre-tax profit at the shipping juggernaut was 39 per cent higher than the same period last year, [...]
Proxy adviser backs Boohoo vice chair in Mike Ashley row Business Proxy voting adviser Institutional Shareholder Services (ISS) has backed Boohoo in its row with Mike Ashley and Frasers Group, urging shareholders to vote against firing the company’s co-founder and vice chair Mahmud Kamani. In November, Frasers demanded that Kamani be removed as a director of Boohoo, leading the firm to call a general meeting scheduled [...]
Frasers hits out at Boohoo’s Kamani over Mike Ashley appointment Retail Glass Lewis's opposition comes after a similar recommendation made by Institutional Shareholder Services (ISS) last week.
If proxy advisers can rattle Jamie Dimon, what chance do smaller firms stand? August 28, 2024 The power of proxy advisers has been enough to disturb big firms like JP Morgan and Astrazeneca, so what hope do the smaller players have?