1. Articles from Bloomberg

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  2. 457-480 of 495 « 1 2 ... 17 18 19 20 21 »
    1. Icahn's Netflix Sale Shows Differences With Son Over Value

      Icahn's Netflix Sale Shows Differences With Son Over Value

      Billionaire Carl Icahn sold more than half of his stake in Netflix Inc. (NFLX), exposing a disagreement with his son Brett over the value of the stock.  Icahn sold 2.99 million shares of Los Gatos, California-based Netflix starting on Oct. 10, as it approached new highs, according to a regulatory filing yesterday. He continues to own 2.67 million shares, or a 4.5 percent stake...

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    2. Oil Patch Activism to Spur Dealmaking and Board Shakeups in 2014

      Oil Patch Activism to Spur Dealmaking and Board Shakeups in 2014

      Activist investors may spur a return to dealmaking in the energy industry as shareholders seek to reap greater value from oil and natural gas reserves.  A new round of boardroom shakeups in the oil patch should force additional restructuring and asset sales in the next year, William D. Anderson Jr., a Goldman Sachs Group Inc. banker, said at the Bloomberg Link Oil & Gas Conference in Houston yesterday. Corporate takeovers may be less likely...

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    3. Petrobras Activists Winning Fuel Battle Signal New Tone

      Petrobras Activists Winning Fuel Battle Signal New Tone

      Petroleo Brasileiro SA (PETR4) minority shareholders are poised to secure their first victory after winning a board seat in April. Months of lobbying by investors led by Aberdeen Asset Management Plc (ADN) spurred Energy Minister Edison Lobao’s assurance on Oct. 14 the government would let state-run Petrobras raise gasoline prices, after fuel subsidies caused 6.77 billion reais ($3.15 billion ...

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    4. Shareholders, Small-Town America Enemy No. 1?

      Shareholders, Small-Town America Enemy No. 1?

      Did greedy investors really destroy small-town America?  That's about the only conclusion one can draw from a Washington Post article last week recounting how Endicott, New York, where International Business Machines Corp. was founded and based for many years, was gutted as the company responded to shareholders who insisted on better investment returns...

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    5. RBC's Taylor to be First Female Chair of Canadian Bank

      RBC's Taylor to be First Female Chair of Canadian Bank

      Royal Bank of Canada (RY) said Kathleen Taylor will take over as chairman in 2014, making her the first woman to lead the board of one of the nation’s biggest lenders.  David O’Brien, 71, will retire at the end of the year and remain on the board until the company’s annual general meeting on Feb. 26, Toronto-based RBC, Canada’s largest bank, said yesterday in a statement...

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