Barnes & Noble’s Misstatements about Yucaipa Are Merely an Attempt to Deflect Attention from Company’s Poor … LOS ANGELES–(BUSINESS WIRE)–The Yucaipa Companies today issued the following letter to stockholders of Barnes & Noble, Inc. (NYSE: BKS): DON’T BE MISLED BY BARNES & NOBLE August 30, 2010 Dear Fellow Barnes & Noble Stockholder: Barnes & Noble’s Board sent you a letter dated August 25, 2010 which was rife with misstatements and unfounded allegations. They want to distract you from the real …
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SEC moves toward making proxy ballot access easier WASHINGTON — Federal regulators are moving toward making it easier for shareholders to nominate directors of public companies, a change sought by investor advocates that is already sparking protest from the nation’s biggest business lobby.The action expected from the Securities and Exchange Commission on Wednesday will allow groups that own at least 3 percent of a company’s stock to put their …
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Virgin Metals Inc.: Announces Approval of Share Consolidation TORONTO, ONTARIO– – Virgin Metals Inc. today announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one for five basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.
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Loss for Barnes & Noble Barnes & Noble Inc. posted a first-quarter loss on a sales slump and legal expenses related to its proxy fight with a major shareholder, the struggling book seller said Tuesday. The largest U.S. traditional book seller said it lost $62.5 million, or $1.12 per share, in quarter ending July 31. Last year during the same period it earned $12.3 million, or 21 cents per share. Revenue fell 21 percent …
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Wall St falters in wake of weak data US stocks sagged on Thursday and the Dow closed below 10,000 a day ahead of an expected downward revision in US second-quarter economic growth and a major speech by Federal Reserve Chairman Ben Bernanke.
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Casey’s wraps up anti-Couche-Tard recap plan Casey’s General Stores concluded a $500 million recapitalization plan on Thursday that was designed to thwart a $1.9 billion hostile takeover bid from Canada’s Alimentation Couche-Tard for the U.S. convenience store chain.
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Hotel Suicide Bomber Linked to al-Shabab’s Senior Leader Sources identify one bomber as Aden Hussein, who had been working as body guard for Muktar Robow, also known as Abu Mansur
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Paatsch back in the pool Dean Paatsch, one of corporate Australia’s leading campaigners against underperforming and over-rewarded directors and managers, has called it quits.
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Michelangeo’s “David” Gets Dragged into an Italian Proxy War Center-right Italian Prime Minister Silvio Berlusconi and center-left Florence Mayor Matteo Renzi are, perhaps unsurprisingly, not the closest of friends. What is surprising, however, is that the turf of their latest ideological battle is not politics but art history, with each man claiming that his government has control of Michelangelos towering “David” sculpture, on view at the Accademia …
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Air Products Sends Letter to Airgas Board of Directors Air Products today sent the following letter to the Airgas Board of Directors:
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