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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: Crimes, Fines, Marketing, Celexa (drug), Crime, Law and Justice
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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: Restructuring and Recapitalization, Elan Corporation Plc, Blackstone Group, L.P., Realty, Mergers, Acquisitions and Takeovers
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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: Thomson Corporation, Michael S. Dell, Silver Lake (Staten Island, New York), Computing and Information Technology Industry, 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: Board of Directors, ImClone Systems Incorporated, Science and Technology, Economy, Business and Finance, Vivus Inc.
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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: Thomson Corporation, IBM, Michael S. Dell, NYSE Euronext, Inc., Corporate Officers
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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: Board of Directors, Forest Laboratories Incorporated, NYSE Euronext, Inc., Corporate Officers, Economy, Business and Finance
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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: KPMG, PricewaterhouseCoopers, NYSE Euronext, Inc., Fraud, Skechers USA Incorporated
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'Star Trek: Into Darkness' beams up $70.1M in opening weekend at box office
LOS ANGELES (AP) — "Star Trek: Into Darkness" didn't warp past its predecessor. The sci-fi sequel directed by J.J. Abrams earned $70.1 million in its opening weekend. The original "Trek" reboot starring fresh faces as the crew of the Enterprise...Tags: Jack the Giant Slayer (movie), The Great Gatsby (movie, 2013), The Place Beyond the Pines (movie), Relativity Media, Twentieth Century Fox Film Corp.
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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: Michael S. Dell, Dell Inc.
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Dell dice que todavía no puede revelar más información a Icahn
Reuters20 mayo (Reuters) - Dell Inc dijo en una carta a los interesados en comprarla, Carl Icahn y Southeastern Asset Management, que la compañía no ofrecerá más información sobre sí misma a menos que la junta determine que su propuesta es "superior" a...Tags: Michael S. Dell, Dell Inc.
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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: Politics, Parties and Movements, NYSE Euronext, Inc., Petroleum Industry, U.S. Department of Justice
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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: Michael S. Dell, Dell Inc.
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May 21, 2013
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May 20, 2013
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