Volkswagen’s AGM tomorrow promises to be eventful with Hermes EOS saying the nominees forwarded by VW’s board essentially contradicts independent representation in the automaker’s controlling panel and undermines the principles of corporate governance. On Wednesday, Hermes EOS, an investment advisory… Read More ›
Day: May 2, 2018
Samsung BioLogics Co under investigation for breach of accounting rule
Analysts opine that South Korea’s newly amended listing rule do not state that a positive net profit is a prerequisite; this could potentially shield the company from this line of investigation. On Wednesday, shares of Samsung BioLogics Co Ltd fell… Read More ›
Xerox Corp’s CEO steps down along with several board members
Xerox’s new board will evaluate strategic options, including restructuring or terminating its relationship with Fujifilm. In efforts aimed at settling a suit brought on by activist shareholders Carl Icahn and Darwin Deason, Xerox Corp stated its CEO and several members… Read More ›