Pernod sees no impact yet from legal cannabis but watching closely
LONDON (Reuters) – Pernod Ricard , the world’s second-largest spirits maker, has not yet seen any impact from the legalization of cannabis in some parts of North America but is monitoring the situation closely, its chief executive said.
Sky pays 3.6 billion pounds to win bulk of new Premier League rights
LONDON (Reuters) – Rupert Murdoch’s Sky will pay 3.58 billion pounds to show 128 Premier League matches for three seasons from 2019/20, in a deal that brings to an end rampant inflation in the value of the domestic rights for English top-flight soccer…
Time Warner a good investment despite merger uncertainty: investor
(Reuters) – Time Warner Inc stock is an attractive investment despite uncertainty surrounding its pending deal with AT&T Inc , according to a prominent investor.
Renault to name finance executives Fleuriot, Derez to board: sources
PARIS (Reuters) – French carmaker Renault will appoint former Credit Suisse banker Pierre Fleuriot and insurance executive Thierry Derez to its board on Thursday Feb. 15, sources told Reuters.
Apple CEO downplays special dividend at shareholder meeting
(Reuters) – Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion in cash that the company is now able to bring back from overseas.
Wall Street dips ahead of inflation data
(Reuters) – U.S. stock indexes fell on Tuesday, undoing two strong days of gains that have settled some investor nerves ahead of a crucial reading on inflation.
Apple shareholders defeat two proposals at annual meeting
(Reuters) – Apple Inc shareholders defeated two shareholder proposals at an annual meeting on Tuesday, one asking that rules allowing shareholders to nominate directors to the board be eased, and another asking for a human rights committee at Apple.
Blue Apron says it could hit key profit measure this year, shares jump
NEW YORK (Reuters) – Blue Apron Holdings Inc said on Tuesday it could break even on a key measure of profitability earlier than Wall Street analysts had expected, helping shares of the meal-kit maker up 5 percent.
Deason sues Xerox to block deal with Fujifilm
(Reuters) – Xerox Corp shareholder Darwin Deason asked courts on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings , claiming board members at the U.S. photocopier maker had failed in their duty to shareholders.
Blackstone names real estate chief Gray president in succession move
NEW YORK (Reuters) – Blackstone Group LP said on Tuesday that Jonathan Gray, who turned the buyout firm into the world’s biggest real estate investor as head of its property business, will take over from Tony James as president, setting him up as succ…
