Elliott’s opposition to the takeover, which has swelled to include small South Korean shareholders and pension funds from Canada and the Netherlands, is an unexpected challenge to the Lee family’s power.
Yahoo! Inc. (NASDAQ:YHOO) released its second quarter earnings report after closing bell tonight, posting non-GAAP earnings of 16 cents per share on $1.24 billion in revenue. In the second quarter past year, Yahoo reported a profit of $270 million.
Arkansas’ unemployment rate fell one-tenth of a percentage point in June as the state’s civilian labor pool grew by 200 workers, according to USA labor force data released Tuesday by the Arkansas Department of Workforce Services.
Sources tell the Wall Street Journal and Reuters that FCC boss Tom Wheeler has circulated an order among his fellow Commissioners to approve the deal with conditions.
The Milwaukee, Wisconsin-based motorcycle maker’s second-quarter profit dropped to $299.8 million or $1.44 per share from $354.2 million or $1.62 per share a year ago.
Federal officials asked the U.S. District Court for the District of Arizona on Tuesday to order LifeLock to provide redress to all customers it says were affected by the company’s failure to meet the terms of the 2010 settlement.
The Bloomberg report, which cited unnamed sources familiar with the matter, said the vehicle companies-BMW, Mercedes-Benz parent Daimler AG and Audi-were still ironing out final details with Nokia, including intellectual property rights, and that no formal agreement had yet been...
The market extended losses in late trade, with poor U.S. earnings from the likes of IBM putting pressure on Wall Street and a strengthening euro hitting Europe’s exporters.
Aviation Safeguards has stopped workers from wearing union buttons, misrepresented their rights and threatened to fire them for striking, the news release said. The workers are demanding a $15 per hour wage.