Shareholders

JetBlue JBLU 5.01% Airways Corp. plans to launch a hostile takeover attempt for discount carrier Spirit SAVE 3.85% Airlines Inc., according to people familiar with the matter, after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines. ULCC 4.56% JetBlue plans to appeal directly to…

The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesKohl's shareholders voted to reelect the company's current slate of 13 board directors, as the retailer faced mounting pressure from activists for an overhaul, Kohl's announced Wednesday.The annual meeting of Kohl's shareholders took place as activist firm Macellum Advisors has been pushing for Kohl's to revamp its slate of directors, arguing the company has underperformed in recent…

Chinese companies like Alibaba Group Holding Ltd. BABA -5.79% are embracing buybacks and one-off dividends, handing cash to shareholders as they seek to shore up their battered stock prices and signal confidence in the long-term outlook. The dividend payouts and stock repurchases could help support a market that has been rattled by a series of challenges, which range from the economic impact of Beijing’s Covid-19 policies and sweeping regulatory crackdowns to concerns…

Elon Musk was sued on Tuesday by former Twitter shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2 percent stake in the social media company.In a proposed class action filed in Manhattan federal court, the shareholders said Musk, the chief executive of electric car company Tesla Inc, made "materially false and misleading statements and omissions" by failing to reveal he had invested in Twitter by March 24 as required under federal law.Twitter shares…

Elon Musk, Twitter's newest big shareholder, could alter the course of the social media company as management battles a set of proxy proposals focused on topics from civil rights to politics at its upcoming annual meeting, shareholder activists and corporate governance experts said.Whatever the outcome of Musk's $43 billion (roughly Rs. 3,28,250 crore) bid to buy Twitter outright announced Thursday, investors with opposing political views described the billionaire entrepreneur as likely to work to undo some of the…