SEC charges VMware with misleading investors by obscuring financial performance

3D printed clouds and figurines are seen in front of the VMware cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 12 (Reuters) – The US Securities and Exchange Commission said on Monday it has charged cloud computing company VMware Inc … Read more

Most Twitter shareholders vote in favor of selling to Musk, sources say

Twitter app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 12 (Reuters) – A majority of Twitter Inc’s (TWTR.N) shareholders have voted in favor of the social media company’s $44 billion sale to Elon Musk, people familiar with the tally said … Read more

Practical tips for taking companies private

September 6, 2022 – As rising interest rates and recession fears weigh on public company valuations, management at public companies may be increasingly weighing the option of going private. Historically, recessions are challenging times for take-privates: In the Great Recession, for example, take-private deal volumes more than halved in a 2008-09 recession period as compared … Read more

US-listed companies will have to disclose how CEO pay stacks against firm performance

The seal of the US Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, DC, US, May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 25 (Reuters) – Wall Street’s main regulator on Thursday voted to adopt a measure … Read more

Ben & Jerry’s loses bid to halt sales in West Bank

Ben & Jerry’s, a brand of Unilever, is seen on display in a store in Manhattan, New York City, US, March 24, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 22 (Reuters) – A US judge on Monday rejected Ben & Jerry’s attempt to stop its parent Unilever … Read more

ECB, IMF call on climate standard setters to align company disclosures

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 8 (Reuters) – A global standard setter for company climate disclosures should align with European and US alternatives for easier implementation across jurisdictions and to … Read more

Analysis: Why the banks financing Musk’s Twitter deal are unlikely to be able to help him walk away

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc (TWTR.N) have a … Read more