EBay Settles Icahn Proxy Fight, Adds Independent DirectorBloombergEBay Inc. (EBAY) reached a deal with activist investor Carl Icahn to stop his proxy fight by agreeing to add another independent director, ending weeks of acrimony and keeping the e-commerce company intact. Icahn, who took a stake in EBay in January … …

Chron.com Stocks drop; biotech takes another plungeLos Angeles TimesNEW YORK—. Another plunge in the biotechnology sector led stock indexes down Thursday, as Biogen Idec, Gilead Sciences and other biotech companies extended a recent slump. EBay fell after Carl Icahn abandoned an effort to shake up the company and …Stocks Take Another …

Independent Online UK's Royal Mail warns over price probeIndependent OnlineLondon – Britain's newly-privatised Royal Mail warned an investigation into a rival's complaint over wholesale mail price rises would lead to a long period of uncertainty around the prices it charges other postal operators. Royal Mail's regulator Ofcom … More: continued …

eBay and Icahn settle proxy fightZDNetThe contentious squabble between eBay and billionaire investor Carl Icahn has finally cooled as both parties reached an agreement to end their proxy contest for the company's upcoming annual meeting of stockholders. Icahn is withdrawing both his … More: continued here

Carl Icahn will withdraw both his proposal that eBay spin off its PayPal business and his two nominations for candidates for the company's board in exchange for the appointment of an independent director…. More: continued here

EBay announced it will-at Carl Icahn's urging-appoint business executive David Dorman as an independent director. In exchange, Icahn said he'll back off. More: continued here

Why We Are Positive On eBayForbeseBay has done well in recent years by reviving its marketplaces business and accelerating PayPal's growth across the board. We continue to remain positive on the company's prospects due to its strong performance in North America and international … More: continued here

Yahoo News Icahn pulls proposal that eBay sell off PayPalYahoo NewsNEW YORK (Reuters) – Activist investor Carl Icahn has dropped his call for eBay Inc to split off its fast-growing PayPal payments unit but has suggested he would keep pressure on the e-commerce company. EBay said on Thursday that it …

Carl Icahn drops bid for eBay to spin off PayPalThe VergeeBay has struck a deal with activist investor Carl Icahn to drop proposals for the company to spin off PayPal through an IPO, letting eBay take advantage of the market's big demand for new tech firms. While it appears that …

Waimate's old Post Office building is to be demolished, to the dismay of heritage advocates. More: continued here