Italian bike firm MV Agusta plots new route to share float
(Reuters) – MV Agusta, a rival of Volkswagen’s Ducati hopes to be in a position to bring its brand of Italian superbikes to Milan’s stock market in 2015 as it embarks on a new campaign for growth, it said on Tuesday.
Former AIG CEO Hank Greenberg loses bid to dismiss NY case
(Reuters) – Former American International Group Chief Executive Maurice “Hank” Greenberg failed to persuade New York state’s highest court to dismiss a lawsuit seeking to hold him accountable for sham transactions at the insurer.
Former Oregon politician pleads guilty to Facebook IPO fraud
NEW YORK (Reuters) – Former Oregon gubernatorial candidate Craig Berkman pleaded guilty on Tuesday to defrauding investors by persuading them he could use their money to buy shares of Facebook Inc before the company’s May 2012 initial public offering.
U.S. inflation-linked bonds roiled, pose dilemma for Fed
NEW YORK (Reuters) – U.S. inflation-linked government bonds have tumbled to levels that analysts say approach those common in periods of financial crisis, a sharp turnaround for what has been one of the best-performing bond classes in recent years.
Sprint shareholders give thumbs up to SoftBank deal
OVERLAND PARK, Kansas (Reuters) – Shareholders of Sprint Nextel Corp voted on Tuesday in favor of a sweetened takeover offer from SoftBank Corp , ending a contentious takeover battle for the No. 3 U.S. wireless service provider.
Ex-SanDisk executive sentenced to probation for inside tips
NEW YORK (Reuters) – A former executive of SanDisk Corp was sentenced on Tuesday to a year of probation after admitting to supplying illegal tips to a hedge fund consultant.
Allianz says new life policies need less capital
FRANKFURT (Reuters) – Allianz said its new life insurance products without long term interest rate guarantees will require less capital backing, benefiting both policy and share holders.
Is the 136-year-old London Metal Exchange ready for a woman CEO?
LONDON (Reuters) – Whisper it: The next chief of the London Metal Exchange (LME), where only men take part in the shouted, testosterone-fuelled trading of materials like copper, may be a woman who prides herself on speaking softly.
Swiss court stops handover of Credit Suisse employee’s data to U.S.
GENEVA (Reuters) – A Swiss court has ordered an injunction halting the transfer of a former Credit Suisse employee’s data to U.S. tax authorities, a lawyer involved in the case said on Tuesday.
Men’s Wearhouse says fired Zimmer after he pushed for sale
(Reuters) – Men’s Wearhouse Inc said it fired founder and Executive Chairman George Zimmer after he pushed to take the company private and effectively demanded to be reinstated as the sole decision maker at the clothing chain.