Third Point ups Sony stake, calls for independent entertainment board
TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to ...
Read More »Business News
Subscribe to the Business News feed.-
-
Starboard's battle with Smithfield over China-deal adds to activist image
By Nadia Damouni and Olivia Oran NEW YORK (Reuters) - Since Starboard Value LP was spun off as a separate hedge fund just over two y...
Read More » -
British prosecutor to charge central Libor suspect: source
By Kirstin Ridley June 17 - Britain's top fraud prosecutor is poised to bring criminal charges against former Citigroup Inc and UBS...
Read More » -
Sprint sues Dish, Clearwire as key deadline looms
By Jonathan Stempel and Sruthi Ramakrishnan (Reuters) - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its...
Read More » -
Hedge fund manager used postal box to hide $6 million fraud, Feds say
By Tom Polansek and Ann Saphir CHICAGO/SAN FRANCISCO (Reuters) - A North Carolina hedge fund manager used a personal post-office box...
Read More » -
Danish regulator tells Danske Bank to set aside more capital
COPENHAGEN (Reuters) - A Danish regulator has ordered Danske Bank A/S to change how it calculates its solvency and set aside more r...
Read More » -
U.S. patent case climaxes with win for Canadian vibrator maker
WASHINGTON (Reuters) - Couples in the United States looking to spice up their sex lives will have to do without certain adult toys a...
Read More » -
Tim Hortons faces pressure from another activist investor
TORONTO (Reuters) - Restaurant chain Tim Hortons Inc , which recently outlined plans to address the concerns of activist investor Hi...
Read More » -
Kabel Deutschland confirms preliminary offer from Liberty Global
(Reuters) - Kabel Deutschland - Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approac...
Read More » -
Office Depot sets annual meeting date after investor complaints
By Dhanya Skariachan NEW YORK (Reuters) - Office Depot Inc on Monday said it will hold its annual shareholder meeting on August 21,...
Read More »