The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.
INDEPENDENCE, Ohio — The Brotherhood of Locomotive Engineers and Trainmen is now backing activist investor Ancora Holdings and its call for management change at Norfolk Southern. The union’s decision, announced today, is the second in as many days: The union representing maintenance of way workers yesterday swung its support to Ancora. The unions represent 41.5% []Read More
Norfolk Southern shareholders should elect five of an activist investor’s seven board candidates but retain embattled CEO Alan Shaw, proxy advisory firm Institutional Shareholder Services recommended today. If institutional shareholders follow the ISS guidance at the NS annual meeting on May 9, it would leave Ancora Holdings two seats short of a majority on the []Read More
CLEVELAND – The union representing Norfolk Southern’s maintenance of way employees has thrown its support behind activist investor Ancora Holdings. The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters said today that a change in leadership is necessary at NS. The union is backing Ancora’s full slate of director candidates []Read More
ISS recommended that shareholders support five of Ancora's seven nominees and seven Norfolk Southern nominees.
The activist investors trying to take control of Norfolk Southern are picking up key support
Norfolk Southern shareholders should vote for activist Ancora's nominees, proxy advisory firm Glass Lewis recommended, a strong sign of support ahead of a May 9 meeting.
The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.
A new documentary, "Wildlife on the Edge," looks at the many deadly hazards animals face in major cities like Los Angeles.
(OSV News) — A New York state appeals court has found that an insurer for the Archdiocese of New York is not required to cover costs for settling hundreds of sex abuse claims — a ruling the archdiocese has called “extremely disappointing” and “wrongly decided.” On April 23, five justices of the First Judicial Department […] The post New York appeals court rules insurer doesn’t have to pay out for Archdiocese of New York abuse claims first appeared on OSV News.
In J.R.R. Tolkien’s great epic, “The Lord of the Rings,” it becomes apparent only gradually that the forces of darkness have united.
Discrimination, loss of privacy and distorted data linked to artificial intelligence is putting companies and their backers at risk, an investor group warns. A network with more than 500 members representing US$29 trillion in assets released advice on Wednesday to screen out investments at risk of doing more harm than good as the technology spreads. […]