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Stock Market & Financial Investment News

News Breaks
April 11, 2014
09:24 EDTSXTISS recommends that Sensient shareholders vote for directors
Sensient Technologies commented on a report issued by Institutional Shareholder Services recommending that Sensient’s shareholders vote on the WHITE proxy card at the company’s 2014 Annual Meeting of Shareholders to be held on April 24.In ISS’s report issued on April 10, the firm acknowledged Sensient’s improving performance and stated, “The dissident critique of poor performance appears unfounded, and does not appear to account for the company’s improving fundamentals since 2009.” In addition, ISS also highlighted the fact that FrontFour has not made a compelling case for change stating, “…the dissidents, in centering their arguments on the need for strategic and operating changes, have not made a compelling case that those changes are necessary…” The company issued the following statement in response to the ISS report, “We appreciate that ISS recognizes the improving performance we are delivering through the execution of our proven strategic plan. We agree with ISS that shareholders should vote on the WHITE proxy card, however, we strongly disagree with their recommendation to withhold on our highly qualified directors. Our Board has the necessary experience and expertise to continue to guide Sensient in the execution of our strategic plan and remains committed to delivering value to all shareholders. We urge shareholders to support the continued execution of Sensient’s plan by voting on the WHITE proxy card for our directors.”
News For SXT From The Last 14 Days
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October 23, 2014
16:42 EDTSXTSensient raises FY14 ex-items EPS guidance to $2.98-$3.02 from $2.95-$3.02
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16:41 EDTSXTSensient reports Q3 adjusted EPS 78c, consensus 77c
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