trending Market Intelligence /marketintelligence/en/news-insights/trending/q8uiUf7scfcIq-nuQ6T1TQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Proxy adviser Glass Lewis backs Wheeler REIT's director nominees

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Proxy adviser Glass Lewis backs Wheeler REIT's director nominees

Glass Lewis & Co. recommended Wheeler Real Estate Investment Trust Inc. shareholders vote for the election of the shopping center landlord's director nominees at its 2019 annual meeting.

Earlier in December, fellow independent proxy adviser Institutional Shareholder Services Inc. said Wheeler's shareholders should vote in favor of the proposed election of two of activist investor Stilwell Group's director nominees to the REIT's board.

In November, Stilwell also called for the removal of Wheeler CEO Dave Kelly from the company's board.

In making its recommendation, Glass Lewis acknowledged the REIT's continued efforts to return shareholder value by executing its plan and by revamping its board.

The proxy adviser argued, among other things, that Stilwell is offering the REIT's investors "little more than a fractionally updated iteration of its failed 2018 campaign."

Glass Lewis added that the REIT's board "has already been favorably augmented and is overseeing a sound restructuring program," despite facing "substantial challenges."

Wheeler shares closed 7.33% lower at $1.77 on Dec. 11.