Hudson's Bay Co. T.HBC

Primary Symbol: HBAYF

Consumer Cyclical

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.

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Hudson's Bay Co. > Globe and Mail article

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Comment by Maxmoeon Dec 09, 2019 9:00am

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Post# 30435213

RE:RE:RE:Globe and Mail article

Independent is a technical legal term created by securities regulators to fool the investing public the playing field is fair. It doesn't mean any one of those directors is acting on behalf of minority shareholders. At best, they are required to act on behalf of all shareholders, or maybe just the majority, like a democracy. They are certainly not unbiased professionals. The ISS report is spot on, and ISS is as close as we ever get to 'independence'. Next hearing is Wednesday at osc. 10am, 17th floor, 20 queen street west.

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