ISS and Glass Lane calling for heads to roll in Autonomy takeover loss. Two proxy advisers have called out to fellow Hewlett Packard shareholders to move for the ouster of several board directors.
Legal & Regulatory
Air Asia Approved for Investment
Air Asia gets to second step in operating airline in India. Air Asia Bhd has been give approval by Indian regulators to enter into a joint venture for an Indian airline.
Sohu.com Denies Private Plan Claim
The Chinese Internet portal company is rejecting claims that it is in talks with investment banks over plans to make private.
Repsol to Discuss deal with Argentine Government
Argentina's expropriation of Repsol stake in YPF subject to claim and clarification. Caixabank, a key shareholder in Spanish oil giant Repsol, is exploring avenues to seek compensation for the expropriation of the national oil company YPF.
Deutsch Telekom Says No DOJ Objection to MetroPCS-T-Mobile Merger
Deutsch Telekom said in a statement it received no objection from DOJ as it completes merger between its T-Mobile and MetroPCS.
Latest News
Southeastern Asset Management has formally filed notice for Dell to open its books for review. (Photo : Reuters) The image is Michael Dell making a presentation to shareholders.
Shareholders of Roche have agreed on a company pay plan after Swiss citizens voted on the imposition of a ban on big pays for managers in the country.
Government competition bureau approves sale of Astral to BCE. Approval has been issued by the Competition Bureau of Canada for the purchase of BCE Inc of Astral Media Inc.
Facebook to answer lawsuit over IPO misinformation. Facebook, still reeling from the fiascos of its IPO, is now facing another shareholder lawsuit. The world's biggest social networking company's executives, namely founder and CEO Mark Zuckerberg, its board and other officers for the damage sustained.
Corvex and Related lose court fight to restrain stock offer by Commonwealth REIT. Despite the objections by investors in CommonWealth REIT, the sale of thirty million shares valued at US$19 per share would proceed as planned.
China Fishery Group offered to purchase Copeinca, thus moving the Peruvian firm to seek proper financial advice.
MetroPCS faces pressure from P. Schoenfeld Asset Management, which owns about 2% of its shares, to update the merger documents with the Deustche Telekom AG's unit T-Mobile USA to reflect T-Mobile's earnings.
Kodak gets flexible financing and reorganization plans as it prepares to come out of bankruptcy. The bankrupt photography icon Eastman Kodak Inc was allowed to amend its financing deal in order to become more financially flexible as it girds to exit Chapter 11 bankruptcy protection.
Wynn faces another suit for the cash donation to University. The Board of Directors of Wynn Resorts Ltd and its owner, billionaire hotelier Steve Wynn is now facing another shareholder lawsuit alleging that US$135 million donation to the University of Macau had wasted company assets and was in breach of its fiduciary duties.
