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According to figures released Wednesday, "Come Away With Me" sold 108,000 copies for the week ending Sunday to land the top position on the album charts, even though it sold fewer albums than the previous week "Come Away With Me" has sold nearly 3 million copies 1 on the charts The 23-year-old singer said the disc's mellow nature â€â€? and a bit of luck â€â€? are among the reasons for its surprise success Seven other artists also received five nominations, including Eminem and Bruce Springsteen Jones Tops Charts One Year After Release Jan 15, 3:02 PM EST NEW YORK (AP) â€â€? Nearly a year after its release, Norah Jones' debut album has finally hit No "Everything is so flashy, sometimes â€â€? maybe people wanted to hear something more low-key," Jones said in a recent interview with The Associated Press Jones received a leading five Grammy nominations last week, including best new artist and album of the year Withholding approval for a board candidate is the equivalent of voting "no "An auditing firm that receives money for other work beyond the audit just raises the risks for questionable audits," Harrigan said The Disney board unanimously rejected the offer as too low and expressed support for the company's current management 11 " The California Public Employees' Retirement System said it would withhold its votes for Eisner's re-election to the company's board as well as for three members of the board's audit committee Its stake was worth about $260 million at Disney's closing price of $26 CEO Michael Eisner lost the support Wednesday of the nation's largest public pension fund, a big Disney investor that called the company's performance "dismal CalPERS is the 29th single largest shareholder of Disney, with 9 " She also said the Glass Lewis report contained numerous factual errors and "one-sided allegations and opinions that have not been subjected to any objective test of truth, and should be viewed as such But the pension fund also noted that Disney shares have fallen 23 percent over the past five years made a takeover bid for Disney on Feb The report also mentions a Securities and Exchange Commission investigation into Disney's failure to disclose information on a timely basis about possible conflicts of interest for several of its directors " Disney's board has rallied around Eisner and the company's management in recent weeks "We have lost complete confidence in Mr CalPERS recognized recent efforts the Disney board has made in increasing its independence and adopting a code of conduct and business ethics for directors It accused Eisner of putting his friendship with Ovitz over his fiduciary responsibility to the company Eisner," Glass Lewis said in a report Eisner has been chief executive since 1984 " Disney spokeswoman Zenia Mucha also said the company was "dismayed" at CalPERS' comments about the company's audit committee and disagreed with its stance on Disney's growth plans Gold and Disney are working for a 20 percent "no" vote against Eisner as a protest Pension Fund Won't Back Eisner Feb 25, 10:23 PM EST Embattled Walt Disney Co 70 Wednesday on the New York Stock Exchange , a San Francisco-based research firm that advises institutional shareholders, recommended that holders of Disney stock withhold their votes for Eisner and two board members, George Mitchell and Gary Wilson Eisner's strategic vision and leadership in creating shareholder value in the company," said Sean Harrigan, president of the CalPERS board of administration " The proxy firm Institutional Shareholder Services recommended two weeks ago that shareholders withhold their votes from Eisner Gold and Disney say Eisner has mismanaged the company since 1994 and acted to squelch board criticism and that board members have lacked independence "The Disney board has been notoriously insular, famously gullible and blindly loyal to Mr 9 million shares The information was eventually disclosed, and Disney recently said it is negotiating a settlement with the SEC A Disney spokeswoman said the Glass Lewis report does not recognize that Disney is a "well-managed company with world-class governance and a laser-focus on building shareholder value The men have mounted an aggressive campaign to persuade shareholders to withhold votes from Eisner and three other board members at the company's annual meeting March 3 in Philadelphia Earlier Wednesday, Glass Lewis became the second proxy advisory firm to recommend shareholders withhold their approval of Eisner's re-election The two announcements lend support to efforts by former board members Stanley Gold and Roy E "More importantly, shareholder interests are best served by a board that is on notice that shareholders are watching and have not forgotten past indiscretions Cable television giant Comcast Corp Disney shares rose 34 cents in the regular session and gained another nickel in late trading "In our view, Disney's board has come a long way, but not far enough That suit, brought against the Disney board on behalf of shareholders, challenges the severance package Ovitz received, which included $38 million cash and shares valued at around $100 million Calif Disney to oust Eisner, although neither CalPERS nor Glass Lewis endorsed their campaign It said it would withhold its votes from the three members of Disney's audit committee because the company's independent auditor also has performed tax examination and other work for Disney "At the end of the day, all roads lead back to Eisner," the ISS report said Directors say Disney's current strategy is working and will result in double-digit earnings growth through 2007 " Mucha called the report "a side show by Glass Lewis, an upstart company that is trying to grab publicity CalPERS' statement came hours after Glass Lewis & Co The Glass Lewis report also made reference to a lawsuit stemming from the departure of Michael Ovitz as Disney president in 1996 after serving less than two years |
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