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Should 'Private Equity' Pay Junior's Tuition?
Should 'Private Equity' Pay for Junior's College? The system of financing college educations with debt is deeply flawed, says Chris Farrell. How about an equity solution? Two college sports foster madness in American households come late March:more
Russians, EADS eye rich U.S. aerial tanker deal
By Jim Wolf and Maria Sheahan WASHINGTON/FRANKFURT (Reuters) - Europe's EADSmore
HP inks strategic deal with Polycom, abandons Tandberg
* Polycom sees revenue from deal starting second half of 2010 * Polycom to gain market share against Cisco-Tandberg By S. John Tilak BANGALORE, March 19 (Reuters) - Hewlett-Packard Comore
Icahn offers to buy Lions Gate as MGM bid looms
* Icahn says determined not to offer above $6/shr * Lions Gate says will review latest offer * Deadline for tender offer extended to April 30 (Recasts, updates with Lions Gate statement) LOS ANGELES/NEW YORK, (Reuters) - Billionaire investor Carl Icahnmore
Clinton Points to Deal With Russia on Cutting Nuclear Arsenals
March 20 (Bloomberg) -- The U.S. and Russia are close to finishing months of negotiations on a new agreement to cut their nuclear arsenals and may sign the accord next month, Secretary of State Hillary Clinton said yesterday in Moscow. As we speak, ourmore
Airvana Expects Plunge in 1Q Revenue
Airvana Inc., which makes mobile broadband network products, on Friday predicted fiscal first-quarter revenue of $2.5 million to $3 million, 67 percent to 72 percent below the same period last year. Airvana also said its board still recommends themore
Great Wolf to Offer $225M of Mortgage Notes
Indoor waterpark resort company Great Wolf Resorts Inc. said Friday it plans to offer $225 million of first mortgage notes due 2017. The company plans to use the proceeds to repay mortgage debt totaling $212 million. It will use the rest, if any, formore
Barclays risks public ire with Bob Diamond pay deal
Mr Diamond, who won plaudits for waiving his rights to a bonus for last year, has collected a package whose combined elements could be worth as much as 60m. The pay deal, the details of which were published in Barclays annual report yesterday, in set onmore
Judge rejects World Trade Center attacks payout deal
"In my judgment, this settlement is not enough," said US District Judge Alvin Hellerstein. The judge also said he was concerned too much of the deal would be eaten up by legal fees and that ground zero responders were going to be pressured into signingmore
Palm Drops 29% on Revenue Forecast; Analysts Debate Viability
March 19 (Bloomberg) -- Palm Inc., maker of the Pre smartphone, fell the most in two years after predicting sales this quarter will be less than half of Wall Street estimates, prompting some analysts to question the companys viability. Revenue in themore
Judge in NY orders more talks on 9/11 deal
NEW YORK (Reuters) - A federal judge on Friday delayed a $657.5 million settlement for workers who suffered health problems after the September 11, 2001, attacks, saying the process must be transparent and lawyers fees should not be drawn from the funds.more
Icahn launches hostile bid for all of Lions Gate
NEW YORK - Activist shareholder Carl Icahn raised the stakes in his yearlong dispute with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the movie studio following disagreements over its spending. The hostile bid comes amore
Barclays risks public ire with Diamond pay deal
Mr Diamond, who won plaudits for waiving his rights to a bonus for last year, has collected a package whose combined elements could be worth as much as 60m. The pay deal, the details of which were published in Barclays annual report yesterday, in set onmore
Icahn Offers to Buy Lions Gate as MGM Bid Looms
LOS ANGELES/NEW YORK (Reuters) - Billionaire investor Carl Icahn offered on Friday to buy Lions Gate Entertainment Corp , in a move designed to forestall the studio's expected bid for storied rival Metro-Goldwyn-Mayer Inc . Shareholders are unlikely tomore
JPMorgan CEO Dimon's 2009 Salary $1.32 Million
NEW YORK (Reuters) - JPMorgan Chase & Co , the second-largest U.S. bank, paid Chief Executive Jamie Dimon $1.32 million in salary and extra compensation in 2009, according to the company's proxy filing. The figure excludes some $16 million in stock andmore
Pay Package for Travelers Cos. CEO Rises 20 Pct
Travelers Cos. gave its CEO a pay package worth $20.1 million last year, a 20 percent raise over his 2008 pay as the property and casualty insurer benefited from a conservative investment approach. Over half Jay Fishman's pay package came from restrictedmore
Banks' Fourth Quarter Trading Revenue Falls 66 Percent
NEW YORK (Reuters) - Trading revenue at U.S. commercial banks fell 66 percent in the fourth quarter, the Office of the Comptroller of the Currency said on Friday, as uncertainty over pending derivatives legislation added to a seasonal slowdown inmore
Lions Gate board to review new Icahn offer
SAN FRANCSICO (MarketWatch) -- Lions Gate Entertainment Corp. said late Friday its board will review Carl Icahn's new offer to acquire all its outstanding shares for $6 a share. The board had earlier rejected a similarly priced offer of Icahn's tomore
EADS eyes new bid for Pentagon contract
A consortium of EADS and Northrop Grumman pulled out of the bidding for the long-awaited, 179-tanker contract earlier this month. They said the terms of the deal appeared designed to favour a smaller jet offered by Boeing. But on Thursday, the Defensemore
Lions Gate board to review new Icahn offer
SAN FRANCSICO (MarketWatch) -- . /quotes/comstock/13*!lgf/quotes/nls/lgf (LGF 6.03, +0.06, +1.01%) said late Friday its board will review Carl Icahn's new offer to acquire all its outstanding shares for $6 a share. The board had earlier rejected amore
Icahn throws spanner into Lions Gate bid for MGM
Carl Icahn, the activist investor, made a surprise takeover bid for Lions Gate Entertainment today, potentially ruining the Canadian film studios chances of buying Metro-Goldwyn-Mayer (MGM). Mr Icahn, who has been in a long-running battle with the Lionsmore
Health Bill Gains Support
(Adds Obama speech, new vote counts starting in fifth paragraph. For more on the health-care debate, see }.) March 19 (Bloomberg) -- U.S. House Democrats, who cleared a big hurdle in their effort to overhaul the health-care system by producing compromisemore