As a result of the feedback received from various stakeholders in the capital market, the Securities and Exchange Commission on Friday postponed the deadline for the transition from the use of dividend warrants to e-dividend payment. According to SEC the deadline, which was originally slated for June 3, 2013, has […]
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JPMorgan shareholders urged to reject three directors
JPMorgan Chase & Co (JPM.N) shareholders should vote against re-election of three board members because they failed to properly oversee risk-taking that led to $6.2 billion of losses on the so-called “London Whale” trades, an influential proxy advisory firm said. ISS Proxy Advisory Services said in a report released late […]
NSE Reports 34% Reduction in Default of Quarterly Renditions by Members in 2012
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday reported a 34 percent (34%) reduction in the number of Dealing Member firms that defaulted in their submission of quarterly renditions in 2012. The report was contained in the 2012 Annual Reports & Accounts of the Nigeria’s Exchange and […]
