Huge social network for US shareholders planned
BROADRIDGE Financial Solutions Inc. (NYSE: BR), the giant investor communications and brokerage outsourcing firm, plans to connect every US company and every shareholder in a massive social network that could rival Facebook in terms of members. CEO Rich Daly said his company’s investor network will be unique in that it will validate members as real [...]
In proxy voting messes, Broadridge a common denominator
AN ADMISSION from Broadridge Financial Solutions Inc. (NYSE:BR) that a basic system glitch caused it to undercount votes against directors in Yahoo! Inc.’s contentious annual meeting is just the latest in a string of recent problems where the company has been implicated. Questions were raised about the outcome of the Yahoo! meeting — perhaps the [...]
US firms love e-proxy savings, but at what cost?
DESPITE the risk that they might be reaping short-term gains while laying the foundation for long-term pain, 566 US companies used notice-only e-proxy mailings for their shareholder meetings by the end of April. According to figures compiled by Broadridge Financial Solutions Inc., companies have saved about $132 million through lower print and mailing costs. Unfortunately, [...]
What is "fundamental" on an IR website?
I WAS having a conversation the other day with a client about recommendations we had made about her company’s website. She wanted to know if a certain recommendation was really “fundamental” to her company’s site. That’s a really good question and one that every company needs to think about. What are the basic requirements for [...]
Are Broadridge's servers slow for you too?
I’VE HELD off bringing this up before because I feel bad for the folks at Broadridge Financial Solutions. They’ve been getting it in the neck recently over this whole e-proxy debacle. Even the Colgate-Palmolive Company called them out this week in a letter to the company’s shareholders, though I think there may be more to [...]
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