NYSE Euronext director Ricardo Salgado received 46% of shareholder votes in the final tally of results that prompted his resignation—the first time a director for the Big Board has failed to win majority approval in the annual re-election process.
Ricardo Salgado, vice chairman of Portugal's largest bank, will offer to quit the NYSE Euronext board after nonbinding, preliminary results showed he failed to get a majority of support in a shareholder vote.
Ricardo Salgado, vice chairman of Portugal's largest bank, is expected to tender his resignation from the NYSE Euronext board, after preliminary results showed he failed to get a majority of shareholder support.
NYSE Euronext (NYX)
Q1 2011 Earnings Call
April 28, 2011 8:00 am ET
Executives
Michael Geltzeiler - Chief Financial Officer and Group Executive Vice President
Unknown Speaker -
Jennifer Ginnis -
Jan Hessels - Chairman and Chairman of Nominating & Governance Committee
Ricardo Salgado - Director and Member of Human Resources & Compensation Committee
Unknown Executive -
In the aftermath of yesterday's hung parliament Italian vote, we said that at least in retrospect, JPM had made it very clear that should the current outcome materialize then at least according to the house of Morgan, one should sell Italian bonds. Sure enough, the same analyst Gianluca Salford just said to go "risk off" on BTPs. From JPMoran Update after Italian vote: switch to risk-off portfolio
JERUSALEM – A badly weakened Prime Minister Benjamin Netanyahu scrambled Wednesday to keep his job by extending his hand to a new centrist party that advocates a more earnest push on peacemaking with the Palestinians after Israel’s parliamentary election produced a stunning deadlock.
The preponderance of recent Greek polls show a tight election. However, the latest Public Issue Survey stands out, and I happen to think that is the most accurate one.
Please consider Going into final stretch, SYRIZA builds poll lead
In the last opinion poll to be published by Kathimerini before the June 17 elections, leftist SYRIZA maintains a clear lead over New Democracy, although short of enough support for a clear parliamentary majority.
I think passing the Alternative Vote referendum (this is what Americans normally call “instant runoff voting”) would have been a good idea for the United Kingdom. At the same time, it’s easy to see why AV failed. Its key proponents are the Liberal Democrats, and they’re hideously unpopular for the very good reason that their decision to join David Cameron’s coalition has given the Tories the votes they need in parliament to enact a highly ideological and macroeconomically destructive agenda.