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Rasp
2021-06-25
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Shareholders vote out Toshiba board chairman in big win for Japan governance
Rasp
2021-06-19
Nice
Top analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers
Rasp
2021-06-20
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The newly elected board will meet later on Friday to discuss who will head the new board.</p>\n<p>According to one Toshiba source, foreign investors had voted in greater numbers than in the company's previous shareholder meetings as they saw it as an important test case of corporate governance in Japan.</p>\n<p>The source was not authorised to speak to media and declined to be identified.</p>\n<p>Nagayama only joined Toshiba's board in mid-2020 after the alleged pressuring of foreign shareholders to vote in line with management's board nominees took place.</p>\n<p>A former Chugai Pharmaceutical(4519.T)CEO and Sony Group Corp(6758.T)board director, he is well respected and both the electronics giant and former U.S. ambassador to Japan John Roos had expressed their support for him.</p>\n<p>But his critics argued he should step down to take responsibility for the board's resistance to address the allegations.</p>\n<p>Shareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis had recommended shareholders not reappoint him, while 3D Investment Partners, Toshiba's Singapore-based No. 2 shareholder with a 7.2% stake, had called for his resignation.</p>\n<p>3D Investment said in a statement after the result that it hoped the AGM marked the beginning of a new era at Toshiba and it looked forward to constructive, ongoing dialogue with Toshiba's board and management team.</p>\n<p>Toshiba nominated 11 directors at the AGM, including Nagayama. Nobuyuki Kobayashi, a member of the audit committee, was also voted out.</p>\n<p>Shares in Toshiba recouped earlier losses to be be flat after the result. The stock has increased more than two-thirds in value this year, bolstered by a $20 billion bid for the company by private equity company CVC Capital. Although Toshiba has dimissed that bid, it has promised a strategic review.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shareholders vote out Toshiba board chairman in big win for Japan governance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShareholders vote out Toshiba board chairman in big win for Japan governance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 13:16 GMT+8 <a href=https://www.reuters.com/business/pivotal-toshiba-shareholder-vote-future-board-chairman-begins-2021-06-25/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO, June 25 (Reuters) - Shareholders at crisis-ridden Toshiba Corp(6502.T)voted out its board chairman and one other director on Friday, a forceful rebuke of the company after it was found to have ...</p>\n\n<a href=\"https://www.reuters.com/business/pivotal-toshiba-shareholder-vote-future-board-chairman-begins-2021-06-25/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOSYY":"东芝"},"source_url":"https://www.reuters.com/business/pivotal-toshiba-shareholder-vote-future-board-chairman-begins-2021-06-25/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141321696","content_text":"TOKYO, June 25 (Reuters) - Shareholders at crisis-ridden Toshiba Corp(6502.T)voted out its board chairman and one other director on Friday, a forceful rebuke of the company after it was found to have colluded with the government in suppressing foreign investor interests.\nFor many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan after activist Toshiba shareholders prevailed earlier this year in securing a probe into the allegations of pressure on overseas investors.\n\"This result is a sign of a paradigm shift in Japan and will only embolden activist investors whether foreign or domestic,\" said Justin Tang, head of Asian research at United First Partners in Singapore.\nBut supporters of now former board chairman Osamu Nagayama say his failure to win re-election will only set Toshiba further back, depriving the industrial conglomerate, which has lurched from crisis to crisis since 2015, of experienced leadership.\nA breakdown of the vote was not immediately disclosed. The newly elected board will meet later on Friday to discuss who will head the new board.\nAccording to one Toshiba source, foreign investors had voted in greater numbers than in the company's previous shareholder meetings as they saw it as an important test case of corporate governance in Japan.\nThe source was not authorised to speak to media and declined to be identified.\nNagayama only joined Toshiba's board in mid-2020 after the alleged pressuring of foreign shareholders to vote in line with management's board nominees took place.\nA former Chugai Pharmaceutical(4519.T)CEO and Sony Group Corp(6758.T)board director, he is well respected and both the electronics giant and former U.S. ambassador to Japan John Roos had expressed their support for him.\nBut his critics argued he should step down to take responsibility for the board's resistance to address the allegations.\nShareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis had recommended shareholders not reappoint him, while 3D Investment Partners, Toshiba's Singapore-based No. 2 shareholder with a 7.2% stake, had called for his resignation.\n3D Investment said in a statement after the result that it hoped the AGM marked the beginning of a new era at Toshiba and it looked forward to constructive, ongoing dialogue with Toshiba's board and management team.\nToshiba nominated 11 directors at the AGM, including Nagayama. Nobuyuki Kobayashi, a member of the audit committee, was also voted out.\nShares in Toshiba recouped earlier losses to be be flat after the result. The stock has increased more than two-thirds in value this year, bolstered by a $20 billion bid for the company by private equity company CVC Capital. Although Toshiba has dimissed that bid, it has promised a strategic review.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165541023,"gmtCreate":1624153240462,"gmtModify":1703829488302,"author":{"id":"3586403584561811","authorId":"3586403584561811","name":"Rasp","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586403584561811","authorIdStr":"3586403584561811"},"themes":[],"htmlText":"Tiger is best app","listText":"Tiger is best app","text":"Tiger is best app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165541023","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162536972,"gmtCreate":1624067459796,"gmtModify":1703828027777,"author":{"id":"3586403584561811","authorId":"3586403584561811","name":"Rasp","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586403584561811","authorIdStr":"3586403584561811"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162536972","repostId":"1126761138","repostType":4,"repost":{"id":"1126761138","pubTimestamp":1624020096,"share":"https://ttm.financial/m/news/1126761138?lang=&edition=fundamental","pubTime":"2021-06-18 20:41","market":"us","language":"en","title":"Top analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers","url":"https://stock-news.laohu8.com/highlight/detail?id=1126761138","media":"cnbc","summary":"Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pande","content":"<div>\n<p>Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pandemic without needing to raise significant amounts of cash, according to one of the top industry ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 20:41 GMT+8 <a href=https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pandemic without needing to raise significant amounts of cash, according to one of the top industry ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALK":"阿拉斯加航空集团有限公司","DAL":"达美航空"},"source_url":"https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126761138","content_text":"Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pandemic without needing to raise significant amounts of cash, according to one of the top industry analysts on Wall Street.\nWolfe Research analyst Hunter Keay upgraded Delta and Alaska to outperform from underperform and peer-perform, respectively. Keay is the No. 1 ranked airlines analyst, according to Institutional Investor’s poll of money managers.\nKeay said Friday in a note to clients that the trading in those two stocks was “bizarre” and that they have upside despite industry wide cost pressures.\n“The market has penalized these ‘non-diluters,’ perhaps saying they’ll have to dilute in the future, they made a mistake by not diluting, or that their pre-Covid margin gaps will close post-Covid. We disagree,” the note said.\nShares of Delta are down 7% this quarter, while Alaska Air is down 9%. Both are underperforming theU.S. Global Jets ETFover that time period.\nThere are still issues for the companies, including rising prices and the uncertain return of business travel, but Keay argued the smartly run companies should still succeed.\n“Granted, the lack of business travel returning is a concern for DAL, but they didn’t get stupid overnight. And we aren’t so sure business travel can’t be stimulated,” the note said.\nWolfe hiked its price target to $55 per share from $37 for Delta, representing an upside of 23%. The firm’s price target of $78 per share for Alaska is 25% above where the stock closed on Thursday.\nAdditionally, Wolfe upgradedUnited Airlinesto peer perform from underperform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":122345171,"gmtCreate":1624600219093,"gmtModify":1703841445856,"author":{"id":"3586403584561811","authorId":"3586403584561811","name":"Rasp","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586403584561811","authorIdStr":"3586403584561811"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122345171","repostId":"1141321696","repostType":4,"repost":{"id":"1141321696","pubTimestamp":1624598206,"share":"https://ttm.financial/m/news/1141321696?lang=&edition=fundamental","pubTime":"2021-06-25 13:16","market":"us","language":"en","title":"Shareholders vote out Toshiba board chairman in big win for Japan governance","url":"https://stock-news.laohu8.com/highlight/detail?id=1141321696","media":"Reuters","summary":"TOKYO, June 25 (Reuters) - Shareholders at crisis-ridden Toshiba Corp(6502.T)voted out its board cha","content":"<p>TOKYO, June 25 (Reuters) - Shareholders at crisis-ridden Toshiba Corp(6502.T)voted out its board chairman and one other director on Friday, a forceful rebuke of the company after it was found to have colluded with the government in suppressing foreign investor interests.</p>\n<p>For many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan after activist Toshiba shareholders prevailed earlier this year in securing a probe into the allegations of pressure on overseas investors.</p>\n<p>\"This result is a sign of a paradigm shift in Japan and will only embolden activist investors whether foreign or domestic,\" said Justin Tang, head of Asian research at United First Partners in Singapore.</p>\n<p>But supporters of now former board chairman Osamu Nagayama say his failure to win re-election will only set Toshiba further back, depriving the industrial conglomerate, which has lurched from crisis to crisis since 2015, of experienced leadership.</p>\n<p>A breakdown of the vote was not immediately disclosed. The newly elected board will meet later on Friday to discuss who will head the new board.</p>\n<p>According to one Toshiba source, foreign investors had voted in greater numbers than in the company's previous shareholder meetings as they saw it as an important test case of corporate governance in Japan.</p>\n<p>The source was not authorised to speak to media and declined to be identified.</p>\n<p>Nagayama only joined Toshiba's board in mid-2020 after the alleged pressuring of foreign shareholders to vote in line with management's board nominees took place.</p>\n<p>A former Chugai Pharmaceutical(4519.T)CEO and Sony Group Corp(6758.T)board director, he is well respected and both the electronics giant and former U.S. ambassador to Japan John Roos had expressed their support for him.</p>\n<p>But his critics argued he should step down to take responsibility for the board's resistance to address the allegations.</p>\n<p>Shareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis had recommended shareholders not reappoint him, while 3D Investment Partners, Toshiba's Singapore-based No. 2 shareholder with a 7.2% stake, had called for his resignation.</p>\n<p>3D Investment said in a statement after the result that it hoped the AGM marked the beginning of a new era at Toshiba and it looked forward to constructive, ongoing dialogue with Toshiba's board and management team.</p>\n<p>Toshiba nominated 11 directors at the AGM, including Nagayama. Nobuyuki Kobayashi, a member of the audit committee, was also voted out.</p>\n<p>Shares in Toshiba recouped earlier losses to be be flat after the result. The stock has increased more than two-thirds in value this year, bolstered by a $20 billion bid for the company by private equity company CVC Capital. Although Toshiba has dimissed that bid, it has promised a strategic review.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shareholders vote out Toshiba board chairman in big win for Japan governance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShareholders vote out Toshiba board chairman in big win for Japan governance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 13:16 GMT+8 <a href=https://www.reuters.com/business/pivotal-toshiba-shareholder-vote-future-board-chairman-begins-2021-06-25/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO, June 25 (Reuters) - Shareholders at crisis-ridden Toshiba Corp(6502.T)voted out its board chairman and one other director on Friday, a forceful rebuke of the company after it was found to have ...</p>\n\n<a href=\"https://www.reuters.com/business/pivotal-toshiba-shareholder-vote-future-board-chairman-begins-2021-06-25/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOSYY":"东芝"},"source_url":"https://www.reuters.com/business/pivotal-toshiba-shareholder-vote-future-board-chairman-begins-2021-06-25/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141321696","content_text":"TOKYO, June 25 (Reuters) - Shareholders at crisis-ridden Toshiba Corp(6502.T)voted out its board chairman and one other director on Friday, a forceful rebuke of the company after it was found to have colluded with the government in suppressing foreign investor interests.\nFor many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan after activist Toshiba shareholders prevailed earlier this year in securing a probe into the allegations of pressure on overseas investors.\n\"This result is a sign of a paradigm shift in Japan and will only embolden activist investors whether foreign or domestic,\" said Justin Tang, head of Asian research at United First Partners in Singapore.\nBut supporters of now former board chairman Osamu Nagayama say his failure to win re-election will only set Toshiba further back, depriving the industrial conglomerate, which has lurched from crisis to crisis since 2015, of experienced leadership.\nA breakdown of the vote was not immediately disclosed. The newly elected board will meet later on Friday to discuss who will head the new board.\nAccording to one Toshiba source, foreign investors had voted in greater numbers than in the company's previous shareholder meetings as they saw it as an important test case of corporate governance in Japan.\nThe source was not authorised to speak to media and declined to be identified.\nNagayama only joined Toshiba's board in mid-2020 after the alleged pressuring of foreign shareholders to vote in line with management's board nominees took place.\nA former Chugai Pharmaceutical(4519.T)CEO and Sony Group Corp(6758.T)board director, he is well respected and both the electronics giant and former U.S. ambassador to Japan John Roos had expressed their support for him.\nBut his critics argued he should step down to take responsibility for the board's resistance to address the allegations.\nShareholder advisory firms Institutional Shareholder Services Inc and Glass Lewis had recommended shareholders not reappoint him, while 3D Investment Partners, Toshiba's Singapore-based No. 2 shareholder with a 7.2% stake, had called for his resignation.\n3D Investment said in a statement after the result that it hoped the AGM marked the beginning of a new era at Toshiba and it looked forward to constructive, ongoing dialogue with Toshiba's board and management team.\nToshiba nominated 11 directors at the AGM, including Nagayama. Nobuyuki Kobayashi, a member of the audit committee, was also voted out.\nShares in Toshiba recouped earlier losses to be be flat after the result. The stock has increased more than two-thirds in value this year, bolstered by a $20 billion bid for the company by private equity company CVC Capital. Although Toshiba has dimissed that bid, it has promised a strategic review.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162536972,"gmtCreate":1624067459796,"gmtModify":1703828027777,"author":{"id":"3586403584561811","authorId":"3586403584561811","name":"Rasp","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586403584561811","authorIdStr":"3586403584561811"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162536972","repostId":"1126761138","repostType":4,"repost":{"id":"1126761138","pubTimestamp":1624020096,"share":"https://ttm.financial/m/news/1126761138?lang=&edition=fundamental","pubTime":"2021-06-18 20:41","market":"us","language":"en","title":"Top analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers","url":"https://stock-news.laohu8.com/highlight/detail?id=1126761138","media":"cnbc","summary":"Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pande","content":"<div>\n<p>Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pandemic without needing to raise significant amounts of cash, according to one of the top industry ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop analyst upgrades Delta and Alaska Air, says trading is ‘bizarre’ compared to peers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 20:41 GMT+8 <a href=https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pandemic without needing to raise significant amounts of cash, according to one of the top industry ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALK":"阿拉斯加航空集团有限公司","DAL":"达美航空"},"source_url":"https://www.cnbc.com/2021/06/18/delta-stock-alaska-air-stock-wolfe-upgrade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1126761138","content_text":"Investors should bet on Delta Air Lines and Alaska Air after the companies managed through the pandemic without needing to raise significant amounts of cash, according to one of the top industry analysts on Wall Street.\nWolfe Research analyst Hunter Keay upgraded Delta and Alaska to outperform from underperform and peer-perform, respectively. Keay is the No. 1 ranked airlines analyst, according to Institutional Investor’s poll of money managers.\nKeay said Friday in a note to clients that the trading in those two stocks was “bizarre” and that they have upside despite industry wide cost pressures.\n“The market has penalized these ‘non-diluters,’ perhaps saying they’ll have to dilute in the future, they made a mistake by not diluting, or that their pre-Covid margin gaps will close post-Covid. We disagree,” the note said.\nShares of Delta are down 7% this quarter, while Alaska Air is down 9%. Both are underperforming theU.S. Global Jets ETFover that time period.\nThere are still issues for the companies, including rising prices and the uncertain return of business travel, but Keay argued the smartly run companies should still succeed.\n“Granted, the lack of business travel returning is a concern for DAL, but they didn’t get stupid overnight. And we aren’t so sure business travel can’t be stimulated,” the note said.\nWolfe hiked its price target to $55 per share from $37 for Delta, representing an upside of 23%. The firm’s price target of $78 per share for Alaska is 25% above where the stock closed on Thursday.\nAdditionally, Wolfe upgradedUnited Airlinesto peer perform from underperform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165541023,"gmtCreate":1624153240462,"gmtModify":1703829488302,"author":{"id":"3586403584561811","authorId":"3586403584561811","name":"Rasp","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586403584561811","authorIdStr":"3586403584561811"},"themes":[],"htmlText":"Tiger is best app","listText":"Tiger is best app","text":"Tiger is best app","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165541023","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
