Pizza chain Papa Murphy’s prepares for IPO: sources
(Reuters) – Pizza chain Papa Murphy’s is close to selecting banks for an initial public offering that could come later this year, according to three sources familiar with the matter.
Deloitte loses appeal in MG Rover disciplinary case
LONDON (Reuters) – Accountancy firm Deloitte has lost its appeal against a regulatory ruling that it failed to manage conflicts of interest in its advice to MG Rover Group and the “Phoenix Four” directors who bought the British carmaker before it colla…
In leaving, Siemens CEO seeks to take down chairman
FRANKFURT (Reuters) – Siemens CEO Peter Loescher, whose departure was announced after he issued profit warnings that wrecked the share price of one of Germany’s largest industrial conglomerates, may drag the man who hired him down with him, a newspaper…
Icahn opposes voting rule change proposed by Dell founder
(Reuters) – Activist investor Carl Icahn urged Dell Inc’s special committee to not change voting rules, as proposed by the company’s founder Michael Dell, which would make it easier for a CEO-led group to take the personal computer maker private.
With EU sales likely capped, China solar firms will need new markets
HONG KONG (Reuters) – A weekend deal between Beijing and Brussels to regulate trade in solar panels will limit Chinese firms’ growth prospects in the European Union, the world’s largest solar market, and force them to step up sales to ’emerging’ market…
Ad groups rise on Publicis-Omnicom shake-up
LONDON (Reuters) – Shares in advertising groups jumped on Monday after Publicis and Omnicom said they would merge, as investors bet the deal would create an opening for rivals to poach defecting clients and potentially trigger more deals.
Simon Property Group second-quarter beats Wall Street’s forecast
NEW YORK (Reuters) – Simon Property Group Inc , the largest owner of U.S. malls and outlet centers, on Monday reporter a higher-than-expected quarterly profit boosted by increased occupancy and rent, and the company raised its forecast for the year.
Calling all ‘codaholics’: Automakers vie for tech talent
DETROIT/YUMA, Arizona (Reuters) – Automakers have embarked on an ambitious drive to hire software “codaholics,” an effort that is increasingly pitting Detroit against its technology partners in Silicon Valley.
Valeant Pharma says may cut 10-15 percent jobs after Bausch & Lomb deal
(Reuters) – Canada’s Valeant Pharmaceuticals International Inc , which has offered to buy Bausch & Lomb Holdings for $8.7 billion, said it may slash 10 to 15 percent of the combined company’s workforce.
Airbus to review integration of Honeywell emergency beacons
PARIS (Reuters) – Airbus said on Monday it would carry out a review of the way Honeywell emergency locator beacons are integrated into its aircraft following a preliminary report on a fire on a parked Boeing jet this month.
