PhillyInc

Lockheed Martin Corp. shareholders rejected a shareholder proposal that future proxy statements list the name and corporate title of executives earning more than $500,000 base pay annually -- the vote was 315.3 million shares against; 23.9 million shares in favor (with 6.2 million abstentions at 34.1 million not voting). Shareholders also rejected, but by a narrower margin, a proposal that that shareholders be allowed to cast an advisory vote on the board's compensation committee report. The vote was 184.3 million shares against; 137.2 in favor (with 23.8 million abstentions and 34.1 million not voting). The voting late last week was reported to the Securities and Exchange Commission on a form 8-K . -- Henry Holcomb