Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA), slanted 3.09% to $28.04, amid its last exchanging session.
Twenty-First Century Fox, pronounced that its Board of Directors has designated Jeffrey W. Ubben, Founder, Chief Executive Officer and Chief Investment Officer of ValueAct Capital, for race to the Company’s Board at the Annual Meeting of Stockholders to be held in 2015. With the designation of Mr. Ubben, the Company would grow its Board from 12 to 13 executives.
Twenty-First Century Fox, Inc. is a worldwide media and amusement organization. The Company’s Cable Network Programming portion comprises of the generation and permitting of programming disseminated principally through digital TV frameworks, direct telecast satellite administrators, telecom organizations and online video merchants.
Rupert Murdoch and Lachlan Murdoch, Executive Chairmen of 21st Century Fox, said, “Jeff will convey to our Board an extraordinary point of view as a worldwide financial specialist and a common confidence in building long haul esteem for shareholders. Our Board and senior organization group have added to an exceedingly esteemed association with Jeff and we are cheerful he has acknowledged the Board’s welcome to remain for decision.”
Pole Eddington, lead autonomous executive of 21st Century Fox’s Board said, “We are so upbeat about the possibility of having Jeff join our Board. Jeff and ValueAct Capital have an exceptionally solid reputation of positive and collective engagement with the organizations in which they contribute. We have seen that helpful and gainful approach direct, and there is clear arrangement with whatever is left of the executives on our long haul procedure. Jeff will be of awesome worth to our Board and our stockholders.”
In conjunction with Mr. Ubben’s selection, 21st Century Fox and ValueAct Capital have come to an agreement with respect to ValueAct Capital’s continuous responsibility for in the Company. An understanding’s duplicate will be involved as a display to the Current Report on Form 8-K that 21st Century Fox will record as of late with the Securities and Exchange Commission.
Shares of Cabot Oil & Gas Corporation (NYSE:COG), slanted 3.25% to $21.92, amid its last exchanging session.
Cabot Oil & Gas Corporation is a free oil and gas organization occupied with the improvement, abuse and investigation of oil and gas properties. The Company’s investigation, improvement and creation operations are principally moved in two plays: the Marcellus Shale in upper east Pennsylvania and the Eagle Ford Shale in south Texas.
Cabot Oil & Gas Corporation, will have its second from last quarter 2015 profit phone call on Friday, October 23, 2015 at 9:30 a.m. Eastern Time. The Company arrangements to issue its monetary and working results before the business sector opening around the same time.
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