Yahoo!7 News UPDATE 1-UK watchdog to quiz Lazard over Royal Mail saleReutersThis comes a week after a report by the National Audit Office (NAO) criticised the government for its reliance on independent advisers during the 2 billion pound ($3.4 billion)listing of Royal Mail and said it had sold the company …
Read More »eBay, Icahn settle contentious board feud – VentureBeat
eBay, Icahn settle contentious board feudVentureBeateBay said Thursday morning that it has reached a truce with activist investor Carl Icahn, who has harshly criticized the board's activities, including its handling of the Skype sale. Icahn will withdraw his two board nominee proposals as well as his … More: continued here
Read More »House passes Ryan budget with big cuts to health care, food stamps, student aid – The Register-Guard
Washington Post House passes Ryan budget with big cuts to health care, food stamps, student aidThe Register-GuardThe sharpest cuts would come to health care programs for the poor and uninsured, food stamps, and array of domestic programs, including Pell Grants, education, and community development grants. The follow-up legislation is likely …
Read More »EBay Settles Icahn Proxy Fight, Adds Independent Director – Bloomberg
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 … …
Read More »Stocks drop; biotech takes another plunge – Los Angeles Times
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 …
Read More »UK’s Royal Mail warns over price probe – Independent Online
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 …
Read More »eBay and Icahn settle proxy fight – ZDNet
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
Read More »Why Icahn Bested eBay
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
Read More »So who blinked, Icahn or eBay? CEO's take on truce
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
Read More »Why We Are Positive On eBay – Forbes
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
Read More »