Some Dell swing shareholders ready to compromise: sources
NEW YORK (Reuters) – Some of Dell Inc’s largest investors who have abstained from voting on a $24.4 billion bid led by founder Michael Dell to take the No. 3 PC-maker private told the company’s board this week that they would back the deal at the buyou…
U.S. court ends Pemex bribery case against Siemens, SK Engineering
(Reuters) – A U.S. federal judge has dismissed a $500 million lawsuit brought by state-owned Mexican oil company Pemex against Siemens AG and a South Korean company that claimed the defendants bribed Pemex officials to secure oil refinery projects in M…
Dying out? China’s young shun family firms
HONG KONG (Reuters) – Dai Yintao, 21, is the only son of the millionaire owner of Chinese real estate, pharmaceutical and mining companies. He has no interest in taking over his father’s business, opting instead to work on a building site in Guiyang in…
U.S. court ends Pemex bribery case against Siemens, SK Engineering
(Reuters) – A U.S. federal judge has dismissed a $500 million lawsuit brought by state-owned Mexican oil company Pemex against Siemens AG and a South Korean company that claimed the defendants bribed Pemex officials to secure oil refinery projects in M…
Dying out? China’s young shun family firms
HONG KONG (Reuters) – Dai Yintao, 21, is the only son of the millionaire owner of Chinese real estate, pharmaceutical and mining companies. He has no interest in taking over his father’s business, opting instead to work on a building site in Guiyang in…
Jury in Tourre trial to resume deliberations Thursday
NEW YORK (Reuters) – Jurors will deliberate for a second day on Thursday over whether to hold former Goldman Sachs Group Inc trader Fabrice Tourre liable for defrauding investors in a complex deal tied to subprime mortgages.
For Airgas founder, time to savor rival’s hedge fund headache
NEW YORK (Reuters) – For Airgas Inc founder and Chairman Peter McCausland, there was a fair amount of schadenfreude in the air on Wednesday.
S&P 500 ends flat after Fed keeps easy money in play
NEW YORK (Reuters) – The S&P 500 finished a volatile session nearly flat on Wednesday as the Federal Reserve gave no hint that a reduction in the pace of its bond-buying program is imminent.
Ackman’s Pershing Square takes $2.2 billion stake in Air Products
By Svea Herbst-Bayliss, Swetha Gopinath and Ernest Scheyder
Boeing wins $2 billion deal for 13 more P-8 surveillance planes: Pentagon
WASHINGTON (Reuters) – Boeing Co won a contract valued at $2.04 billion to build 13 more P-8A multi-mission maritime surveillance planes for the U.S. Navy, the Pentagon announced on Wednesday.
