Good morning, everyone, and welcome to another working week. We hope the weekend respite was relaxing and inspiring, because that oh-so-familiar routine of meetings, deadlines, conference calls, and whatever else has, of course, returned. So what else can we do but turn to a few cups of stimulation to cope? Our choice today is butter pecan, for those seeking ideas. Speaking of ideas, here is the latest menu of tidbits to help you on your journey today. We hope all goes well and, as always, encourage you to keep in touch. We enjoy the tips, feedback and suggestions …
Allergan (AGN) disclosed that two influential advisory firms — Institutional Shareholder Services and Glass Lewis — urged its shareholders to vote against a proposal by the Appaloosa hedge fund to immediately separate the chief executive officer and chairman roles. Appaloosa, led by billionaire David Tepper, has been pressing Allergan since last year to separate the two roles. Instead, the drug maker recently committed to separating the jobs during its next leadership transition. ISS noted Allergan added six independent directors since 2016.
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