Defending its management of Telecom Italia (TIM), Elliott stated TIM’s board has only partially adopted its recommendations. Vivendi, TIM’s top shareholder, and Elliott have fought to control Tim’s board. In the article below, Elliott defends its stands and points out… Read More ›
Day: September 10, 2018
VW’s shareholders seek $11 billion in damages over dieselgate
In a lawsuit aimed at Volkseagen, shareholders representing 1,670 claims, have sued the carmaker over inadequate disclosures; they have argued that if they would have known of dieselgate they would have the opportunity to sell or not buy VW’s shares…. Read More ›
Aston Martin’s IPO set to launch in early October
Under Andy Palmer, Aston’s CEO, the carmaker has undergone a turnaround plan. It has projected its volumes to rise between 6,200 to 6,400 vehicles in 2018; and aims to ramp up production by 10,000 vehicles in 2020. On Monday, 105-year… Read More ›
China vows response to U.S. tariffs threat
U.S. President Donald Trump has threatened to slap tariffs on all Chinese exports to the U.S. On Monday, a spokesman for China’s foreign ministry stated, Beijing will respond if the United States was to take any further steps on trade…. Read More ›
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