Please provide top ones as this was not steamed live!
(steamed)
18 replies (most recent on top)
Clearly shareholders have no say on BOD election/selection. What was those voting drama all about ?
Is it not wasting everyone time ? Is SM can get away, everyone under him will also get away.
No layoffs or reduction. GD is manipulating $ and SM is manipulating others, including PJ !
Technically, SM should have been out before PJ.
What is the point of this meeting anyways?? The losers have already won before the meeting!!! This is a joke!!
Votes less that 40% and still on board/CEO. Isn't this same as PIP with nice bonus ?
Employees with PIP are literally canned daily & these guys are partying like no one is watching.
Anyone watch this live, how was their body language ? Was Mr. PJ present ? Any comments from the new Mr. Chairman ?
were the questionaires 'plants'? One, the old codger ask "will we get money if you re-patriate the dollars you have offshore" - Duh, NO! And the ol' lady that tried to string something cohesive together; then finish if off with 'shakey' to questtion QC vs Qualcomm. WTH! was that? Come on! Was this staged? This was no a "shareholders" meeting - it was more a typical QC all hands mtg.
I get more for my money going to the SD zoo. But the entertainment is about the same - both show you 'animals' being fed by the employees.
Six Qualcomm Directors, Including CEO, Get Less Than 50% Re-Election Vote
https://www.wsj.com/articles/six-qualcomm-directors-including-ceo-get-less-than-50-re-election-vote-1521835909?mod=yahoo_hs&yptr=yahoo
Still these guys are in the board ??????
Amazing, PJ gets kicked out but SM stays (gets votes too?) in the B and as a CEO. Wow....
Any comments & what direction is this headed ?
A grand to keep the stock at these levels to go private ?
oh boi boi
Is this how Qualcomm is wastes its time by calling meaningless meetings.
Meeting at this these levels are extremely expensive.
Sorry for Mr CA, he had planned for a big weekend party !!
SAN JAY Was seen at unemployment office in claremont mesa
Whats behind this ?
"Qualcomm did not disclose on Friday how many votes its directors received at the annual meeting. Its shares were down..."
Very clear that they are clueless. Perhaps Sanjay Jha rejected the offer ???
It is a surprise that all have been re elected including SM ( wow wow wow ) . Are they making this up or are there inaccuracies in counting process.
Main takeaway - "Proposal 4, regarding the approval of the amendment to the Company's Employee Stock Purchase Plan to increase the share reserve by 30,000,000 shares", which means our rest and vest can continue.
Crony capitalism wins
Reuters) - Qualcomm Inc shareholders on Friday re-elected 10 directors to the company's board at the mobile chipmaker's annual meeting.
The re-election follows U.S. President Donald Trump's move on March 12 to block Broadcom Ltd's $117 billion hostile takeover bid for Qualcomm on national security grounds, and bar its nominated directors from joining its board.
Qualcomm last week said its board would shrink to 10 directors from 11 because former chairman Paul Jacobs, the son of Qualcomm's co-founder, would not be renominated for the board after disclosing his intention to pursue an acquisition of the firm.
Qualcomm did not disclose on Friday how many votes its directors received at the annual meeting. Its shares were down 1.2 percent at $54.93 in midday trading.
There have been signs that some Qualcomm shareholders were in favor of Broadcom's offer. Broadcom officials said that about 15 percent of Qualcomm shareholders had favored its bids in early vote counting.
Ahead of Friday's meeting, Institutional Shareholder Services, a shareholder advisory firm, urged investors to lodge protest votes for Broadcom board nominees, even though they would not be counted under the company's rules.
At the meeting, Qualcomm Chief Executive Steve Mollenkopf reiterated the company's strategic plans, originally outlined in January, calling for the completion of its $44 billion bid for chipmaker NXP Semiconductors, resolution of its legal dispute with Apple Inc and a $1 billion reduction in costs. All of that, Qualcomm executives say, should allow the company to bring in earnings per share of $6.75 to $7.50 for fiscal 2019.
(Reporting by Stephen Nellis; Editing by Bill Rigby)
I like it pan-fried, not steamed.
https://www.prnewswire.com/news-releases/qualcomm-announces-preliminary-results-of-2018-annual-meeting-of-stockholders-300618812.html