Activist AREX Capital poised to win one seat in proxy fight at Enhabit, sources say-February 2024-www.financetom.com

Activist AREX Capital poised to win one seat in proxy fight at Enhabit, sources say

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Activist AREX Capital poised to win one seat in proxy fight at Enhabit, sources say

Jul 25, 2024 7:18 AM

July 25 (Reuters) - AREX Capital Management has secured

enough support from Enhabit ( EHAB ) shareholders to win one

seat on the home health and hospice provider's board of

directors, people familiar with the matter said on Thursday.

Investor votes are still being counted before Enhabit's ( EHAB )

annual meeting of shareholders on Thursday morning. AREX

nominated seven candidates to Enhabit's ( EHAB ) nine-member board.

Previous page： Optimism Over More German Spending Helps Provide Support to Euro, Says Mitsubishi UFG Next page： Market Chatter: Amazon to Unveil New Alexa Features with Generative AI

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Optimism Over More German Spending Helps Provide Support to Euro, Says Mitsubishi UFG

Feb 26, 2025

06:41 AM EST, 02/26/2025 (MT Newswires) -- The euro (EUR) is continuing to trade on a stronger footing following the German parliamentary election results at the weekend, said MUFG. It has helped to lift EUR/USD back above the 1.0500 level with the pair close to recent highs at around 1.0530, wrote the bank in a note to clients. The euro...

Market Chatter: Amazon to Unveil New Alexa Features with Generative AI

Feb 26, 2025

06:44 AM EST, 02/26/2025 (MT Newswires) -- Amazon ( AMZN ) is set to unveil Wednesday new generative artificial intelligence-powered capabilities for Alexa, Reuters reported Wednesday. Amazon ( AMZN ) will showcase a secret project known internally as Banyan aimed at making Alexa more conversational, the report said. Amazon ( AMZN ) did not immediately respond to requests for comment...

National Bank Improves Q1 Profit on Revenue Growth

Feb 26, 2025

06:44 AM EST, 02/26/2025 (MT Newswires) -- National Bank (NA.TO), which completed the takeover of Canadian Western Bank (CWB.TO) earlier this month, on Wednesday reported improved profit for the first quarter of fiscal 2005 on revenue growth in all business segments. For the quarter, National Bank reported net income of $997 million, up 8% from $922 million in the first...

3M reaffirms 2025 sales forecast ahead of investor day

Feb 26, 2025

Feb 26 (Reuters) - 3M Co ( MMM ) said on Wednesday the diversified manufacturer expects operating margin to be about 25% by 2027 and reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%. The company will host its Investor Day later on Wednesday and will provide its medium-term financial outlook. 3M ( MMM...