25 financial firms accused of putting enviro policy over shareholders’ green: ‘We’re going to get answers’

Attorneys general from 24 states have sent letters to 25 asset management companies demanding answers about their recent votes on proposals that overly prioritized environmental issues over shareholder concerns. All of the companies questioned had voted more than 75% in line with environmental proposals from the nonprofit Shareholder Services Organization (ISS), which was highlighted by […]

Remington’s ammunition arm losing support from shareholders of sale to foreign company

See what’s clicking on FoxBusiness.com Gates Capital Management, Vista Outdoor’s second-largest shareholder, announced that it was opposing the $2.1 billion sale of Kinetic Group to foreign-based Czechoslovak Group (CSG), preferring an all-cash takeover bid. Vista was expected to approve its sale to ammunition company CSG after the Committee on Foreign Investment in the country approved […]