Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Businessweek Archives

A Beating For Baxter Over Arab Support


In Business This Week

A BEATING FOR BAXTER OVER ARAB SUPPORT

Since admitting it cooperated with the Arab boycott of Israel, Baxter International has faced heavy criticism. Now, the New York Public Employees Retirement System, which holds 947,000 Baxter shares, has jumped into the fray. On Apr. 26, a fund official wrote an angry letter to Baxter CEO and Chairman Vernon Loucks Jr. demanding that Baxter officials be held responsible. The pension fund will vote against Baxter's director nominees at the annual meeting on Apr. 30. It and other institutional investors may try to force Loucks to drop either his chairman or chief executive title.EDITED BY THANE PETERSON


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus