Shareholders' Meeting News
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Toyota Motor Corp.’s incoming chairman said he wants the sports car the company is developing with Bayerische Motoren Werke AG to be a midsize vehicle comparable to the discontinued Supra.
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Banco Popular Espanol SA, a Spanish lender, is reviewing the profit forecasts it gave in October to back a 2.5 billion-euro ($3.3 billion) capital increase, Chairman Angel Ron said.
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European stocks advanced, with the Stoxx Europe 600 Index climbing the most in more than a month, as U.S. and U.K. markets reopened following a public holiday.
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Toyota Motor Corp., the world’s biggest carmaker, plans to increase compensation and bonuses for board members as it forecasts profit and sales will climb to the highest level in six years.
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Deutsche Bank AG co-Chief Executive Officer Anshu Jain was forced to halt a speech in Frankfurt as a group of shareholders vented their anger at the company’s policies.
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Goldman Sachs Group Inc. linked bonuses and promotions to employees’ success in protecting the firm’s reputation and put new restrictions on some client transactions to avoid a repeat of the damage to its standing in the wake of the financial crisis.
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Iluka Resources Ltd., the world’s biggest zircon producer, may increase output as demand recovers in China and the U.S.
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Dell Inc.’s board reiterated a call for billionaire Carl Icahn to provide more details about his proposal to take over the personal-computer maker, saying it needs more information to discuss his offer.
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<p>Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., spins a basketball on a pen beside a member of the Harlem Globetrotters on a tour of the exhibition floor before the Berkshire shareholders meeting in Omaha, Nebraska, on May 4, 2013. Berkshire Hathaway said first-quarter profit rose 51 percent on gains from equity-linked derivatives and insurance operations.</p> Source: Photograph by Daniel Acker/Bloomberg
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Talks on closer ties between Veolia Environnement SA and Suez Environnement ended because antitrust authorities wouldn’t have allowed an agreement for their French businesses, Veolia Chief Executive Officer Antoine Frerot said.
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