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International Business Machines (NYSE:IBM) Faces Shareholder Pressure For Lobbying Transparency Report
International Business Machines (NYSE:IBM) recently experienced investor activism, with shareholder John Chevedden filing a proposal to increase transparency on lobbying practices. Despite this, IBM's share price remained relatively flat over the last quarter. The company's earnings report indicated modest revenue growth, coupled with a drop in net income and EPS, which could have weighed on its stock. Meanwhile, IBM's ongoing product innovations and strategic alliances, like the introduction...
International Business Machines (NYSE:IBM) recently experienced investor activism, with shareholder John Chevedden filing a proposal to increase transparency on lobbying practices. Despite this, IBM's share price remained relatively flat over the last quarter. The company's earnings report indicated modest revenue growth, coupled with a drop in net income and EPS, which could have weighed on its stock. Meanwhile, IBM's ongoing product innovations and strategic alliances, like the introduction...
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