May 22, 2013
On Monday, the company confirmed plans to speed up the expiration date from Nov. 30 to no later than June 14.
May 17, 2013
JPMorgan Chase sent a letter to shareholders urging them to reject a proposal to split Jamie Dimon's chairman and CEO roles.
May 16, 2013
CommonWealth REIT Director Joseph Morea resigned after receiving less than a majority of votes at the company's annual meeting.
May 14, 2013
MUNICH (Reuters) - German premium automaker BMW expects to reap a "positive" contribution to group profit from every i3 electric vehicle sold, Chief Executive Norbert Reithofer said on Tuesday. BMW will start selling its Megacity electric veh...
April 16, 2013
CommonWealth REIT's board rejected a reduced takeover offer from Corvex Management LP and Related Fund Management LLC.
April 5, 2013
Simon Property Group changed CEO David Simon's $120 million retention grant and other stock grants he had previously received following shareholder pressure.
April 5, 2013
BERLIN (Reuters) - General Motors CEO Dan Akerson and the new head of GM's Opel unit will visit Chancellor Angela Merkel next Thursday, along with members of the GM board, a German government spokesman said on Friday. Akerson and Opel's chief...
April 4, 2013
Bank of Japan launched an easing program, doubling government bond purchases to 7 trillion yen monthly.
March 20, 2013
CommonWealth REIT criticized an investor campaign to replace the board, claiming it would bring "harm and disruption" to the property owner.
March 18, 2013
FOR IMMEDIATE RELEASE
Washington, D.C., March 18, 2013 — The Securities and Exchange Commission today announced an asset freeze against a Massachusetts-based investment adviser charged with stealing money from clients who were given the ...
March 18, 2013
CommonWealth REIT investors Corvex Management and Related Fund Management filed a preliminary consent solicitation statement with the SEC to remove the company's board of directors.
March 14, 2013 by Cheryl Soltis Martel
Though 2012 was a solid year for the REIT community, uncertainty lies ahead.
March 14, 2013 by Elizabeth Mullen
A team of individuals capable of monitoring, managing, and mitigating risks will be able to effectively manage both risk advantages and challenges.
March 13, 2013
The Obama administration laid out specific expectations from China to end cyberattacks.
March 1, 2013
Federal investigators subpoenaed shopping center owner Kimco Realty in an investigation into possible FCPA violations at Wal-Mart.
February 28, 2013
Michael Fascitelli is stepping down as CEO of Vornado Realty Trust effective April 15, when Chairman Steven Roth will return to the CEO position.
February 27, 2013
An activist hedge fund and The Related Companies offered to raise their takeover bid for CommonWealth REIT on Wednesday to about $2.26 billion, aiming to put additional pressure on the real estate company.
January 24, 2013 by Cheryl Soltis Martel
Reputational risk is a top concern among directors.
January 24, 2013
Spirit Realty Capital and Cole Credit Property Trust II have agreed to a merger, which would create the nation's second largest REIT.
January 14, 2013
(Reuters) - General Motors CEO reiterated its Opel unit was not for sale, following a French media report that PSA Peugeot Citroen could take over the troubled European arm of the U.S. automaker. "Opel is not for sale," CEO Dan Akerson told r...