CIBC today announced the addition of six new Canadian Depositary Receipts ("CDRs"), now listed on the NEO Exchange.
By Peter Nurse
Elliott Management has scrapped plans to nominate directors to the board of Salesforce after the software group delivered a better than expected earnings report in March and promised to focus on profits. In a joint statement released on Monday, Elliott said it would not nominate rival directors to the Salesforce board at its upcoming annual meeting since it had put a “clear focus on value creation”. Jesse Cohn, managing partner of Elliott, said he was “deeply impressed” by Salesforce’s “commitment to profitable growth, responsible capital return and an ambitious shareholder value creation plan”.