Exclusive: Viacom should end non-voting stock, give vote to all investors – California fund
BOSTON/NEW YORK (Reuters) – An official for the second-largest U.S. public pension system on Thursday urged Viacom Inc to do away with its dual-class share structure, the latest call from an investor for change at the media empire controlled by the agi…
Exclusive: Viacom should end non-voting stock, give vote to all investors – California fund
BOSTON/NEW YORK (Reuters) – An official for the second-largest U.S. public pension system on Thursday urged Viacom Inc to do away with its dual-class share structure, the latest call from an investor for change at the media empire controlled by the agi…
Avon in talks sell North American arm to Cerberus: sources
(Reuters) – Avon Products Inc is in negotiations to sell its North American arm to Cerberus Capital Management LP, in a deal that would provide a needed cash boost to the cosmetics maker, people familiar with the matter said on Thursday.
Honda, Takata settle airbag suits, lose round in class action case
NEW YORK (Reuters) – A U.S. judge has rejected a bid by air bag manufacturer Takata Corp and automaker Honda Motor Co to toss out a class-action lawsuit on behalf of millions of owners with potentially faulty airbag inflators, even as the firms are mov…
Honda, Takata settle airbag suits, lose round in class action case
NEW YORK (Reuters) – A U.S. judge has rejected a bid by air bag manufacturer Takata Corp and automaker Honda Motor Co to toss out a class-action lawsuit on behalf of millions of owners with potentially faulty airbag inflators, even as the firms are mov…
GE sees earnings benefit from Alstom deal at low end of estimate
NEW YORK (Reuters) – General Electric Co expects benefits from its acquisition of Alstom SA’s power business to come in at the low end of the U.S. conglomerate’s previous estimate for 2016, the company said on Thursday, citing delays in closing the dea…
GE sees earnings benefit from Alstom deal at low end of estimate
NEW YORK (Reuters) – General Electric Co expects benefits from its acquisition of Alstom SA’s power business to come in at the low end of the U.S. conglomerate’s previous estimate for 2016, the company said on Thursday, citing delays in closing the dea…
VW ready to sell assets should loan repayment falter: sources
FRANKFURT (Reuters) – Volkswagen has told banks supplying a 20 billion euro ($21.1 billion) credit line that it would sell assets if it finds no other way of repaying the one-year loan, two people familiar with the matter said.
VW ready to sell assets should loan repayment falter: sources
FRANKFURT (Reuters) – Volkswagen has told banks supplying a 20 billion euro ($21.1 billion) credit line that it would sell assets if it finds no other way of repaying the one-year loan, two people familiar with the matter said.
U.S. officials seek business help to sell Pacific trade pact
WASHINGTON (Reuters) – U.S. officials and lawmakers urged business leaders on Thursday to get behind a Pacific trade pact as they vowed an all-out effort next year to get the deal through the U.S. Congress.
