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 ...
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 ...
"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 ...
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 ...
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 ...
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 ... ...
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, ...
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 ...
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 ...
-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 ...
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.
The U.S. president was speaking on his administration's counter terrorism policy.
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 reading
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
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Of the forty five U.S. senators who voted down Wednesday's gun reform bill, 42 have received funding from arms manufacturers or their agents.
The London newspaper The Guardian revealed the statistic on Thursday citing a study dating back to 1990.
On Capitol Hill, 45% of the Senate was able to derail a proposal that polls say is supported by roughly 90% of Americans.
"Everyone who voted yesterday knows after reading that bill, in their heart of hearts, that the bill would have made America safer," MSNBC's co-host Mika Brzezinski said on Thursday's Morning Joe. "We are the 90%," his co-host Joe Scarborough added. "And 90% will not be ignored."
Forty one Republicans voted against the bill, as did four Democrats.
"All in all this was a pretty shameful day for Washington," President Barack Obamai, in company with victims of gun violence, told a press conference in the Rose Garden Wednesday.
Seven amendments were put up, covering assault weapons, high-capacity magazines and straw purchases. All 7 amendments were defeated.
The senators who opposed the bills were:
1. Sen. Lamar Alexander (R-TN)
2. Sen. Kelly Ayotte (R-NH)
3. Sen. ...
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