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Nikkei climbs to new 5-1/2-year high, ends above 15,000; Sony soars
ReutersTOKYO (Reuters) - Japan's Nikkei average rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp surging after an activist U.S. fund called on the company to spin off and list its lucrative...Tags: Auto Trends, Toshiba Corporation, Japan, Credit Ratings, Finance
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Hedge fund billionaire Loeb says Sony reminds him of Yahoo
ReutersTOKYO (Reuters) - Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year. Loeb's Third Point hedge fund has built up a...Tags: Science and Technology, Companies and Corporations, Japan, Facebook, Apple Inc.
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Timken shareholders vote to spin off steel business
ReutersMay 7 (Reuters) - Timken Co's shareholders voted on Tuesday to spin off the company's steel business. Investment firm Relational Investors LLC and the California State Teachers' Retirement System have been pushing the steel and ball-bearing maker to...Tags: Petroleum Industry, Timken Company
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CORRECTED-Timken shareholders vote to spin off steel business
Reuters(Corrects paragraph 3 to say 88 percent of shares voted, not 41 percent) May 7 (Reuters) - Timken Co's shareholders voted on Tuesday to spin off the company's steel business. Investment firm Relational Investors LLC and the California State Teachers'...Tags: Elections, Petroleum Industry, Timken Company, Politics
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2012 Mogul Paydays: Why Jeffrey Got a Raise, Reed Took a Bath
ReutersMay 02 (TheWrap.com) - Last year was good for media stocks as companies like Comcast, Walt Disney and Time Warner outperformed other major sectors and posted big profits. It only follows that many of the moguls who sit atop these mass-entertainment...Tags: Science and Technology, Companies and Corporations, USA Today, Lucasfilm Ltd., Netflix Inc.
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Consumers starting to flex muscle
Consumers are feeling pretty beat up these days.
They have endured four years of a bruising housing crash and its aftermath. The white-knuckle stock market has left its mark. And the scars from unemployment will run deep for years.
That's why the high-...Tags: Companies and Corporations, Consumers, Finance, Netflix Inc., Banking
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GOP Questions Malloy's Plan For Jackson Lab; Sen. Len Suzio Says Subsidy Of $291 Million Is "Stupid, Unbelievably Reckless'' By The State
Gov. Dannel P. Malloy announced with much fanfare recently that a research laboratory will be coming to Farmington with the state's help, but the plan is running into a buzzsaw of criticism from Republican legislators who say there are too many unanswered...Tags: Biotechnology, Employees, University of Connecticut, Democratic Party, Companies and Corporations
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The Mouse That Roared: Maine-Based Jackson Lab Seeking To Come To Farmington; Bipartisan Jobs Package To Cost $516 Million In Bonding
State legislators expressed both high praise and sharp skepticism Thursday during day-long hearings as they debated the nonprofit Jackson Laboratory's plan to bring 300 jobs to Farmington over the next 10 years.
The proposal represents the centerpiece of...Tags: University of Connecticut, Companies and Corporations, Executive Branch, Finance, Genes and Chromosomes
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ITT to spin off defense business as separate company
Assignment ManagerITT will spin off its defense business as a separate company by the end of the month. The new company, called ITT Exelis, will continue to employ about 1,400 people in the Roanoke Valley. ITT has had a presence in the Roanoke Valley for about 50 years. ...Tags: Mergers, Acquisitions and Takeovers, Roanoke County, Companies and Corporations, Roanoke (Roanoke, Virginia), Economy, Business and Finance
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Two state senators recommend spinoff of BGE
A top Exelon Corp. executive said Thursday that separating Baltimore Gas and Electric Co. from parent Constellation Energy Group would be a "deal breaker" for the proposed $7.9 billion merger between the two energy giants. Exelon Chief Operating...Tags: Shareholders, Baltimore Gas and Electric Co., Companies and Corporations, Consumers, Philadelphia (Philadelphia, Pennsylvania)
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The 'Battlestar Galactica' movie picks up a screenwriter
Show TrackerWhile the "Arrested Development" refugees dream of a movie and "Buffy" stars hope a big screen version gets staked, the "Battlestar Galactica" movie project forges ahead. Not only has Bryan Singer signed on to direct, but the movie now has a... -
Hewlett-Packard decides to stay in the PC business
TechnologyHewlett-Packard computers: Tech giant Hewlett-Packard is going to remain in the personal computer business after all. New CEO Meg Whitman said Thursday that after a "strategic review" HP would indeed stay in the PC business....
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
May 7, 2013
|Story| Reuters
May 2, 2013
|Story| Wrap
Nov 3, 2011
|Column| Orlando Sentinel
Oct 17, 2011
|Story| Hartford Courant
Oct 20, 2011
|Story| Hartford Courant
Oct 21, 2011
|Story| WDBJ7
Nov 3, 2011
|Story| Baltimore Sun
Oct 20, 2011
| Los Angeles Times
Oct 27, 2011
| Los Angeles Times
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