Toyota holds AGM under pressure from overseas, but with wide support at home

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Akio Toyoda News

Toyota,Institutional Shareholder Services,Michael Garland

Toyota Motor Chairman Akio Toyoda may be under pressure from global investors over governance and scandals, but he remains popular among mom-and-pop...

TOYOTA CITY, Japan - Toyota Motor Chairman Akio Toyoda may be under pressure from global investors over governance and scandals, but he remains popular among mom-and-pop investors who attended its annual shareholder meeting on Tuesday.

He said the ongoing certification issues that had roiled the automaker were "a bad thing" but that Toyoda seemed eager to take steps to prevent the wrongdoing from recurring. More certification irregularities have come to light since the proxy advisers made their recommendations. Also up for vote is a shareholder proposal from Danish pension fund AkademikerPension that urges Toyota to improve disclosure of its lobbying on climate change.TD may still be discounted, but there other great options to buy right now. Here's a top pick better than TD Bank stock right now. The post 1 Dividend Superstar I’D buy over TD Bank Stock appeared first on The Motley Fool Canada.

The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.CFRA's Sam Stovall said history suggests the S&P 500 could slump as much as 12% before notching further gains later this year.

 

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At Toyota shareholder meeting, all eyes on level of support for chairmanToyota Motor Chairman Akio Toyoda may be in no danger of not being re-elected at the automaker's annual general meeting on Tuesday, but any further big drop ...
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