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Royalty Pharma takeover bid fails to find Elan ecceptance
DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...
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Bail bonds dispute surfaces in resignation fracas
resignation letter aired a number of grievances with how House Speaker Thom Tillis was running the chamber.One of the items on Brawley's list made an not-so-oblique reference to a long running battle between two groups of bail bondsmen, a pair of state legislators, the Department of Insurance and the vagaries of legislative process.Brawley wrote to Tillis that the legislature had passed ...
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Market Snapshot Bears cite performance chasing as stocks rise
"My experience is when managers are overly focused on performance on a near-term basis, and worried they're missing out, it means they're buying stocks for the wrong reasons," said Brian Belski, chief investment strategist at BMO Capital ...
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Associate of arms dealer Viktor Bout extradited to New York
NEW YORK (Reuters) - A U.S-Syrian citizen accused of conspiring with jailed Russian arms dealer Viktor Bout has been extradited to New York from Australia to face charges he conspired to buy aircraft in violation of economic sanctions, federal prosecutors said on ...
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REFILE-UPDATE 2-Stockholm calmer but violence spreads outside Swedish capital
Fri May 24, 2013 8:32pm EDT By Ilze Filks and Mia Shanley STOCKHOLM May 24 (Reuters) - A nearly week-long spate of rioting spread outside Stockholm on Friday but authorities said police reinforcements sent to the Swedish capital had reduced the violence there, even though dozens of youths set cars and a recycling station ablaze. The rioting - set off earlier this month by the police shooting of ...
Movie Review
The Killing Fields
Based on a true story that is both horrifying and uplifting, "The Killing Fields" is a powerful portrait of how the atrocities of a world gone crazy tested the friendship and loyalty of two men: Sydney Schanberg (Sam Waterston), a "New York Times" correspondent in Cambodia at the end of the Vietnam War, and Dith Pran (Haing S. Ngor), his Cambodian assistant, translator, and friend. When the film o ... ...
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UPDATE 1-Petrobras says it has rejected offers for Argentine assets
Fri May 24, 2013 8:11pm EDT * Company selling assets to pay for giant expansion plan * Prices offered Petrobras have not met initial expectations * Petrobras cut outlook for asset sales by 40 pct in March RIO DE JANEIRO, May 24 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA said on Friday its executive directors have rejected offers to buy its Argentina operations, ...
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Squeezing the most out of your bonds
Let's knock bond ETFs off their pedestal.Exchange-traded funds that hold bonds annihilated the competition in the definitive guide to bond investing that appeared in this space two weeks ago (read it online ...
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Why Democrats Cant be Trusted to Control Wall Street
Who needs Republicans when Wall Street has the Democrats? With the help of congressional Democrats, the Street is rolling back financial reforms enacted after its near meltdown. According to ...
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Top Ten MarketWatch’s top 10 stories May 20-24
-2.61% shares soared after the company reported financial results that outpaced analyst expectations, but those analysts warned that the "turnaround" tale at the high-tech giant may not have a happy ...
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American Vanadium to sell Gildemeisters storage battery in N.A.
NEW YORK | Fri May 24, 2013 7:49pm EDT NEW YORK May 24 (Reuters) - American Vanadium Corp. announced this week a deal with Gildemeister AG to market and sell the German company's vanadium energy storage battery and create a new power storage market in North America. The CellCube redox flow battery, which is manufactured by Germany's Gildemeister and uses the little-known metal ...
Making the news
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
Barack Obama
The U.S. president was speaking on his administration's counter terrorism policy.
Hotel Review
Merve Griffin's Beverly Hilton Hotel
As I approached this grand old hotel on famous Wilshire Boulevarrd, just off Santa Monica Boulevard I couldn't help thinking ...
Keep readingNews Survey
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
Milwaukee Sun
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- Consumers underestimate calories in fast-food meals
- Judge grants bail to accused in Edmonton restaurant crash that killed toddler
- As grocers restaurants bicker many U.S. menus still lack calorie counts
- Accused in toddlers death at Edmonton restaurant granted bail
- Dutch cannabis cafe ban in doubt after trial run in Maastricht
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