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Soon this stretch of Second Avenue acquired an institutional cast — by the 1890s old houses had been converted to help the Italian, German, Hebrew, Swiss, pregnant and incurable.
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So far, Mr Ackman is out of pocket.The activists' growing influence has many causes, including rule changes that have given shareholders more voting power and have made institutional investors cast their votes more thoughtfully.
Still, most institutional shareholders traditionally cast their votes only in the last week before a proxy deadline.
The number of "No" votes and abstentions cast by institutional investors has been rising recently, according to PIRC.
Bond was unable to chair the meeting in Zug, Switzerland, a year ago because he had failed to be elected by big institutional investors who had cast their votes ahead of the meeting.
After hearing of the allegations an adjournment motion was put to the meeting, which would have been passed by a show of hands in the hall had Abbey National chairman Lord Burns not used the proxy vote cast by institutional investors to overturn the motion.
Thus, the CAST supplements institutional and national ERCs in advising on levels and types of benefits being offered by individual studies, given that ERCs at national level are often unable to take into account local day-to-day issues and concerns.
Abbey's executives eventually succeeded in winning the approval of its shareholders thanks to its institutional investors, most of whom cast their votes before the meeting began.
The "mainstream media" is often now cast as an institutional cog in an elitist machine, regardless of journalism's self-image as a check on the establishment.
Typically this is imagined as a biological material cast within specific institutional relationships.
On Monday, The Wall Street Journal published three separate opinion pieces, including an editorial in the paper's institutional voice, defending Kavanaugh and casting doubt on his accuser.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com