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Wednesday, February 8, 2012

Glencore-Xstrata deal meets shareholder opposition

Posted by Reuters: Business News on February 7, 2012

LONDON (Reuters) – Two top 10 shareholders in miner Xstrata said on Tuesday they would vote against a takeover by commodities trader Glencore, threatening the industry’s biggest deal to create a powerhouse spanning mining, agriculture and trading.



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Facebook governance a concern for California pension fund

Posted by Reuters: Business News on

NEW YORK (Reuters) – Facebook’s corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers’ Retirement System.



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Exclusive: Facebook governance a concern for Calif pension fund

Posted by Reuters: Business News on February 6, 2012

NEW YORK (Reuters) – Facebook’s corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers’ Retirement System.



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Oshkosh, Icahn to square off at director vote

Posted by Reuters: Business News on January 27, 2012

OSHKOSH, Wisconsin (Reuters) – Oshkosh Corp and activist investor Carl Icahn square off at the U.S. truckmaker’s annual meeting on Friday, when shareholders vote on the billionaire’s proposed slate of six directors.



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Yahoo co-founder Yang resigns

Posted by Reuters: Business News on January 17, 2012

SAN FRANCISCO (Reuters) – Yahoo Inc co-founder Jerry Yang has quit the Internet company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that may have transformed the struggling company.



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Yahoo co-founder Jerry Yang resigns

Posted by Reuters: Business News on

SAN FRANCISCO (Reuters) – Yahoo Inc co-founder Jerry Yang has quit the Internet company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that may have transformed the struggling company.



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Warburg, Deerfield Invest Another $11M in Talon Therapeutics For Trial of Leukemia Drug

Posted by The PIPEs Report on January 10, 2012

Deerfield Management and Warburg Pincus, already among the largest shareholders of Talon Therapeutic…
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Woodford to sue Olympus over firing, drops CEO bid

Posted by Reuters: Business News on January 6, 2012

TOKYO (Reuters) – The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big Japanese shareholders and saying the saga had taken its toll on his family.



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Woodford to sue Olympus over firing, drops leadership

Posted by Reuters: Business News on

TOKYO (Reuters) – The ousted British CEO of disgraced Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to lead the medical device maker, blaming cozy ties between its management and big Japanese shareholders and saying the saga had taken its toll on his family.



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Woodford to sue Olympus for unfair dismissal

Posted by Reuters: Business News on

TOKYO (Reuters) – The ousted British CEO of Olympus Corp, who blew the whistle on a $1.7 billion accounting fraud, dropped his bid to return to the medical device maker, blaming cozy ties between its scandal-tainted management and big Japanese shareholders and saying the saga had taken its toll on his family.



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