binance left Huobi Global Coinmarketcap net_left adver left
Detail

Kohl's wins proxy battle against activist investor Macellum, stock falls

By Svea Herbst-Bayliss and Uday Sampath Kumar BOSTON (Reuters) -Kohl's Corp investors on Wednesday rejected all of activist Macellum Advisors' director nominees in one of the...
Kohl's wins proxy battle against activist investor Macellum, stock falls © Reuters. A shopper pulls a shopping basket at a Kohl’s department store in the Brooklyn borough of New York, U.S., January 25, 2022. REUTERS/Brendan McDermid

By Svea Herbst-Bayliss and Uday Sampath Kumar

BOSTON (Reuters) -Kohl's Corp investors on Wednesday rejected all of activist Macellum Advisors' director nominees in one of the year's most hotly contested boardroom battles that occurred as the company began trying to sell itself.

The U.S. department store chain announced the preliminary voting results at its annual meeting on Wednesday.

An executive said all 13 Kohl's (NYSE:KSS) directors have been re-elected and that none of Macellum's 10 candidates received enough votes to gain board seats.

Kohl's share price was down 3.47% at $47.64 in early morning trading.

Macellum, led by veteran investor Jonathan Duskin, criticized Kohl's for not doing enough to improve its business and pushed the company to put itself up for sale. The process of evaluating bids is continuing, the company has said.

The company countered by saying that its high caliber board has the right experience and expertise to execute on the company's strategy and urged shareholders to back its nominees. Some investors argued that the current board should be in place to complete the job of evaluating offers to buy the company.

"We would like to thank our shareholders for their support throughout this proxy contest," said Peter Boneparth, Chairman of the Board in a statement. "While we have had differences with Macellum, this Board is committed to serving the interests of all our shareholders."

The results deal a blow to Macellum after it had received support from a key proxy advisory firm that often guides investor votes. Institutional Shareholder Services recommended that Kohl's investors elect two of the 10 board nominees suggested by Macellum.

A year ago Macellum, along with two partners, pushed for changes at Kohl's but decided to drop that challenge when Kohl's expanded the size of its board by three directors.

HOT AUTO TRADE BOT SOFTWARE ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top HOT AUTO TRADE BOT SOFTWARE Binance _ main right top fbs_main right top tifia_main right top
18-05-2022 12:33:51 (UTC+7)

EUR/USD

1.0534

-0.0013 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (6)

EUR/USD

1.0534

-0.0013 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (6)

GBP/USD

1.2484

-0.0006 (-0.05%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

USD/JPY

129.18

-0.20 (-0.16%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

AUD/USD

0.7024

-0.0004 (-0.06%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (4)

USD/CAD

1.2821

+0.0011 (+0.09%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (4)

EUR/JPY

136.07

-0.40 (-0.29%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

EUR/CHF

1.0472

-0.0005 (-0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,809.19

-9.71 (-0.53%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Silver Futures

21.587

-0.163 (-0.75%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (3)

Copper Futures

4.2275

-0.0048 (-0.11%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (0)

Crude Oil WTI Futures

111.09

+1.46 (+1.33%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

Brent Oil Futures

112.90

+0.97 (+0.87%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

Natural Gas Futures

8.299

-0.015 (-0.18%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

US Coffee C Futures

228.63

+3.83 (+1.70%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (6)

Euro Stoxx 50

3,741.51

+56.17 (+1.52%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

S&P 500

4,088.85

+80.84 (+2.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

DAX

14,185.94

+221.56 (+1.59%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,518.35

+53.55 (+0.72%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (1)

Hang Seng

20,551.00

-51.52 (-0.25%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

US Small Cap 2000

1,840.30

+56.87 (+3.19%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (5)

Sell (3)

IBEX 35

8,475.70

+122.00 (+1.46%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (11)

Sell (0)

BASF SE NA O.N.

50.690

+1.395 (+2.83%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

64.12

+0.91 (+1.44%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Allianz SE VNA O.N.

202.25

+3.43 (+1.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Adidas AG

183.30

+3.24 (+1.80%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Deutsche Lufthansa AG

6.827

+0.131 (+1.96%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (2)

Siemens AG Class N

116.50

+2.90 (+2.55%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (1)

Deutsche Bank AG

9.538

+0.319 (+3.46%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

 EUR/USD1.0534↑ Sell
 GBP/USD1.2484Sell
 USD/JPY129.18Sell
 AUD/USD0.7024Neutral
 USD/CAD1.2821Sell
 EUR/JPY136.07Sell
 EUR/CHF1.0472↑ Sell
 Gold1,809.19↑ Buy
 Silver21.587↑ Buy
 Copper4.2275↑ Buy
 Crude Oil WTI111.09↑ Buy
 Brent Oil112.90↑ Buy
 Natural Gas8.299↑ Buy
 US Coffee C228.63Neutral
 Euro Stoxx 503,741.51↑ Buy
 S&P 5004,088.85↑ Buy
 DAX14,185.94↑ Buy
 FTSE 1007,518.35↑ Buy
 Hang Seng20,551.00↑ Buy
 Small Cap 20001,840.30Neutral
 IBEX 358,475.70↑ Buy
 BASF50.690↑ Buy
 Bayer64.12↑ Buy
 Allianz202.25↑ Buy
 Adidas183.30↑ Buy
 Lufthansa6.827Buy
 Siemens AG116.50↑ Buy
 Deutsche Bank AG9.538↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,825/ 6,925
(0/ 0) # 1,854
SJC HCM6,825/ 6,925
(0/ 0) # 1,852
SJC Hanoi6,825/ 6,927
(0/ 0) # 1,854
SJC Danang6,825/ 6,927
(0/ 0) # 1,854
SJC Nhatrang6,825/ 6,927
(0/ 0) # 1,854
SJC Cantho6,825/ 6,927
(0/ 0) # 1,854
Cập nhật 18-05-2022 12:33:54
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,810.24-4.44-0.24%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI$113.67+1.661.46%
Brent$112.68+2.392.12%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.955,0023.265,00
EUR23.783,5625.115,95
GBP28.150,0329.351,12
JPY173,94184,14
KRW15,7819,22
Cập nhật lúc 12:29:53 18/05/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right