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Furniture chain $ETH said independent proxy advisory firms Institutional Shareholder Services and Glass Lewis have recommended that shareholders reject efforts by Sandell Asset Management Corp. to replace six members of its BoD. Glass Lewis has recommended shareholders vote for all of the Ethan Allen nominees on the WHITE proxy card, $ETH said.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.