The company’s fortunes cratered as demand for Covid-19 vaccines plummeted. But it was busy working on something else.
AI:Moderna's stock has surged 177% following a strategic pivot from COVID-19 vaccines to cancer treatments, specifically targeting melanoma. This massive recovery follows a period of declining revenue caused by the drop in pandemic-related vaccine demand. ❤️❤️❤️Open
The attorney general contends that the paper has engaged in “editorial malpractice" that could expose the publication to costly litigation and ultimately hurt its shareholders, which includes retirees in his state.
Some shareholders might object, but there is little they could do, legal experts say.
'Congrats to Exxon shareholder for beating the woke cartel'
The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.
The company on Tuesday released a letter from CEO Mary Barra to shareholders.
Warner Bros. Discovery shareholders on Thursday voted "overwhelmingly" in favor of the merger with Paramount Skydance, clearing a critical hurdle. - Yes, but: Shareholders did not approve the executive compensation package presented at the meeting. Why it matters: The executive compensation package would have seen CEO David Zaslav earning at least $500 million. Zoom in: More than 1.4 billion votes were cast against the compensation proposal, versus the 307.7 million in favor. Each share of WBD common stock is entitled to one vote. - The compensation proposal was an advisory, non-binding vote and not a condition for completion of the deal. - The executives could still earn the payments outlined in the package if the deal closes,…
The merger will cost Paramount $111 billion in cash.
The move marks a major step toward the $111 billion media merger.
The complex transaction pitched by the billionaire hedge fund manager would need to pass muster with the music label’s shareholders.