Fund manager BlackRock will not support Bayer's management in a key vote at...
FILE PHOTO: Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. REUTERS/Wolfgang Rattay/File Photo
About 30 billion euros has been wiped off the German drugmaker’s market value since August, when a U.S. jury found Bayer liable because Monsanto, which it bought for $63 billion last year, had not warned of alleged cancer risks linked to its weedkiller Roundup. BlackRock, which latest filings show owns 7.2 percent of Bayer’s voting rights, plans to either abstain from or vote against ratifying the management board’s actions during the year under review, the sources said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stock market at ‘risk of a melt-up, not a meltdown’, warns BlackRock’s Larry FinkBlackRock Inc. Chief Exeuctive Larry Fink says that with stocks knocking on the door of record highs, a surge to the upside appears more likely than a market...
Leer más »
The Chargers are going back to powder blue uniforms, but not back to San DiegoWhile many hailed the return to a uniform style often hailed as the best in the NFL, some saw it as yet another slap in the face to San Diego fans who for years wanted the team to make that move — only to see it move to Los Angeles.
Leer más »
EU parliament votes to fine internet firms for not removing extremist content quicklyThe European parliament voted on Wednesday to fine firms like Facebook, Google and Twitter up to 4 percent of their turnover if they persistently fail to remove extremist content within one hour of being asked to do so by authorities.
Leer más »
EU parliament votes to fine internet firms for not removing extremist content quicklyThe European parliament voted on Wednesday to fine firms like Facebook, Google a...
Leer más »
Kim Kardashian Was Asked About That College Admissions Scandal And She Did Not Hold Back'There really is no easy way out.'
Leer más »
For millions of Americans on workplace wellness treadmill, test results are back, and not goodOne of the first randomized clinical studies of a corporate wellness program tracking 30,000 workers reveals companies may need to temper expectations on better health outcomes and lower health-care spending. There's still more promise than payoff.
Leer más »
BlackRock profit beats estimates as assets rebound above $6 trillionBlackRock Inc, the world's largest asset manager, reported first-quarter pr...
Leer más »
BlackRock's Fink expects 'huge' rush into underinvested stock marketThe U.S. economy is speeding up again after a slowdown in recent months and cash...
Leer más »
BlackRock strategists advocate trimming investment portfolio riskStrategists at the world's largest asset manager BlackRock Inc told their f...
Leer más »
No signs of global recession in next 12 months - BlackRock's FinkThere are no signs that the global economy is sliding towards a recession in the...
Leer más »