A group of investors, including pension plans from Connecticut and Sweden and the United Automobile Workers medical benefits trust, is sponsoring a shareholder proposal related to an inquiry over Wal-Mart Stores' potential violations of the Foreign Corrupt Practices Act.
Calpers, which owns about $1.4 billion in G.E. stock and has long been a champion of shareholder rights, will join with Amalgamated Bank to sponsor a shareholder resolution urging G.E.'s board to ensure that future option grants to senior executives be linked to performance.
So, Mr. Weinstein said, while the co-op may limit waiting list applicants to shareholders only, the sponsor, as a shareholder of each rented apartment, would probably just substitute his name for the tenant's name on the waiting list.
As this legal battle has raged, Trillium has sponsored several shareholder proposals.
"Ajax is sponsoring a hole.
As overseer of the state's Common Retirement Fund, Mr. DiNapoli has also sponsored shareholder proposals at Chevron.
A shareholder proposal sponsored by the big institutional money manager TIAA-CREF won the support of 57.2percentt of stockholders, according to the preliminary tally reached yesterday.
That way, the club's representatives can attend the meetings of those corporations as shareholders, and the club can sponsor shareholder resolutions urging the companies to change their practices.
It is sponsoring shareholder resolutions at about 20 companies, including General Electric, Altria and 3M, focusing on what it says are abuses of livestock and lab rats.
Father Finn said that if the retailers rejected these appeals, the faith groups and investors would not divest their holdings, but would instead push harder by, for example, sponsoring shareholder resolutions.
