Technology & Social Media Archive

Aug 05, 2022
The week in investor relations: ‘Immoral’ oil profits, BlackRock to offer crypto to institutional investors and shareholder proposals up following SEC changes
– The Guardian reported on comments by António Guterres, the UN secretary general, describing the record profits of oil and gas companies as immoral as he urged governments to introduce a windfall tax, using the money to help those in most need. Speaking in New York, Guterres said the ‘grotesque greed’ of th...
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Jul 29, 2022
The week in investor relations: BlackRock pulls back on E and S support, reporting losses from Russia’s war in Ukraine and Tesla volatility spurs creation of first hedged single-stock ETF
– According to Reuters (paywall), BlackRock reported a sharp drop in its support for environmental and social-related shareholder proposals, saying many were too prescriptive, while its backing for directors and executive pay held steady. BlackRock had warned in May it would back fewer shareholder proposals because many ...
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Jul 15, 2022
The week in investor relations: Global recession risk rising, Shell wants to boost shareholder returns and Levi Strauss & Co shifts reporting schedule to combat uncertainty
– The outlook for the global economy has ‘darkened significantly’ in recent months, the head of the IMF has warned, and the world faces an increasing risk of recession in the next 12 months, The Guardian reported. The commodity price shock from the war in Ukraine had exacerbated the cost-of-living cris...
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Jul 11, 2022
Rachel Martin of Severn Trent on embracing hybrid investor events
Severn Trent is ‘embracing’ the new normal of hybrid investor events, according to head of IR Rachel Martin. Speaking on the red-carpet at the IR Magazine Awards – Europe 2022, where the water utility was nominated for two prizes, Martin said a hybrid approach has been used for the company’s capital markets day and results announcements. The capital markets day, held in September last year, saw S...
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Jun 13, 2022
Is the acceleration of institutional cryptocurrency adoption sustainable?
Just four years on from when most IROs first heard of Bitcoin, 2021 was a breakout year for crypto, when ownership reached almost 20 percent of people in the US, Europe and Australia, and closer to 40 percent in some developing countries. Almost half of owners were first-time purchasers during 2021, according to a global survey conducted by New York-based exchange Gemini. During the year, Bitcoin reached a high of $70,000 but its percentage of total cryptocurrency m...
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Jun 03, 2022
The week in investor relations: Executives ‘buy the dip,’ male applicants question Goldman Sachs’ hiring policies and a tech-risk deep dive
– Corporate executives have been buying shares in their companies at a rate not seen since the early days of the Covid-19 pandemic, according to the Financial Times (paywall), in what the paper said some Wall Street analysts see as an encouraging sign for the US stock market. Between the start of last month and May 24, insider buying at S&P 500 companies has been at...
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