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U.S. DOJ subpoenas documents on Forest Labs' inhalation drug
ReutersMay 24 (Reuters) - Drugmaker Forest Laboratories received a subpoena earlier this month from U.S. prosecutors requesting documents relating to its small-selling lung disorder product, the Tudorza Pressair inhaler, the company said in a filing. The New...Tags: Diseases and Illnesses, Celexa (drug), Food and Drug Administration, Marketing, Fines
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Deals of the day -- mergers and acquisitions
Reuters(Adds Dell Inc, Orkla, Marathon Oil, Elan, prada, Telecom Italia and others) May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Activist investor Carl Icahn and Southeastern Asset...Tags: Delhaize Group, Lehman Brothers Holdings Inc., Dover Corporation, Companies and Corporations, Thomson Corporation
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Icahn seeks up to $7 billion for Dell bid
ReutersNEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal...Tags: Bank of America Corp., Computing and Information Technology Industry, Companies and Corporations, Gold and Precious Material, Leveraged Buyouts
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Denner added as nominee to Vivus board by activist investor
ReutersBy Bill Berkrot May 23 (Reuters) - First Manhattan Company (FMC) added some heavyweight muscle on Thursday to its bid to shake up the board of drugmaker Vivus Inc by naming former Carl Icahn top lieutenant Alex Denner and two others to its slate of...Tags: Lilly Eli & Co, ImClone Systems Incorporated, Vivus Inc., Science and Technology, Qsymia
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HP raises 2013 outlook as Whitman's plan takes hold
ReutersSAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While...Tags: Hewlett-Packard Co., Computing and Information Technology Industry, Earnings, NYSE Euronext, Inc., Earnings Forecasts
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Forest Labs' longtime CEO Solomon to step down at year-end
ReutersMay 23 (Reuters) - Forest Laboratories Inc said on Thursday that Howard Solomon, who has led the biotech firm since 1977, will retire as chief executive officer at the end of this year and the company will name a successor by that time. The company...Tags: NYSE Euronext, Inc., Companies and Corporations, Stock Market, Howard Solomon, Board of Directors
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Herbalife hires PwC as new auditor, shares up
Reuters(Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. Shares of the nutritional products company rose 4 percent in afternoon trading, as the engagement...Tags: Fraud, Corporate Crime, NYSE Euronext, Inc., Stock Market, Finance
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Chesapeake Energy hires Anadarko executive as CEO
Reuters(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert...Tags: Petroleum Industry, Management Change, The Wall Street Journal, NYSE Euronext, Inc., Parties and Movements
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Dell says cannot disclose more information to Icahn yet
Reuters(Reuters) - Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's....Tags: Dell Inc., Michael S. Dell
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Dell dice que todavÃa no puede revelar más información a Icahn
Reuters(Reuters) - Dell Inc dijo en una carta a los interesados en comprarla, Carl Icahn y Southeastern Asset Management, que la compañÃa no ofrecerá más información sobre sà misma a menos que la junta determine que su propuesta es "superior" a la de su...Tags: Dell Inc., Michael S. Dell
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Dell tells Icahn cannot disclose more information yet
ReutersMay 20 (Reuters) - Dell Inc sent a letter to suitors Carl Icahn and Southeastern Asset Management saying the company could not provide more information about itself unless the board determined that their proposal was "superior" to Michael Dell's. Icahn...Tags: Dell Inc., Michael S. Dell
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CANADA STOCKS-TSX may open ahead of key economic data
ReutersMay 17 (Reuters) - Canada's main stock index looked set to open higher, although gains might be capped after San Francisco Federal Reserve Bank President John Williams hinted the U.S. central bank could begin pulling back its aggressive monetary easing...Tags: Computing and Information Technology Industry, CAE Incorporated, Federal Reserve, Companies and Corporations, Earnings Forecasts
May 24, 2013
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May 20, 2013
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May 17, 2013
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