California seeking buyers for Orange County Fairgrounds in effort to plug budgetOctober 8th, 2009 California seeking buyers for OC FairgroundsCOSTA MESA, Calif. — The first of five high-profile state properties that Gov.
Fed appeals panel reverses ruling that excluded evidence in Broadcom exec's backdating trialSeptember 30th, 2009 Panel reverses judge's ruling on Broadcom evidencePASADENA, Calif. — A federal appeals court has reversed a judge's decision to exclude evidence from the trial of a former Broadcom Corp.
Nutraceutical board rejects takeover offer for second time since JulyAugust 20th, 2009 Nutraceutical board rejects takeover offerPARK CITY, Utah — Nutritional supplement maker Nutraceutical International Corp. said Thursday its board has decided an unsolicited takeover proposal from Ryan Drexler is not in the best interest of shareholders.
No charges to be filed against 5 Mesa police officers after 1 flushes fetus down motel toiletJuly 16th, 2009 No charges against Mesa police in fetus flushingPHOENIX — Prosecutors in Arizona won't file charges against five Mesa police officers for their role in flushing a stillborn fetus down a toilet. The Maricopa County Attorney's Office determined a crime wasn't committed last month when an officer flushed the 4-inch fetus down a toilet in a motel room.
Insurer Friends Provident rejects 1.7 billion pound takeover approach from Resolution Ltd.July 13th, 2009 Friends Provident rejects takeover offerLONDON — British insurance and pensions provider Friends Provident PLC said Monday that it had rejected a 1.7 billion pound ($2.7 billion) takeover offer from buyout company Resolution Ltd. Friends Provident said the proposed offer of 0.8 new Resolution shares for every Friends Provident share was "wholly inadequate."
It also said Resolution's governance structure would offer "less transparency" than its shareholders were used to "and a structure significantly different from recognized public company best practice."
Resolution said it was considering making another offer.
Broadcom drops takeover bid for Emulex, ending months-long struggleJuly 9th, 2009 Broadcom drops takeover bid for EmulexCOSTA MESA, Calif. — Broadcom Corp.
Emulex rejects sweetened Broadcom offer, releases preliminary results near top of forecastJuly 9th, 2009 Emulex rejects sweetened Broadcom offerCOSTA MESA, Calif. — Network gear maker Emulex Corp.
Appeals court upholds injunction barring Delta from terminating contract with Mesa subsidiaryJuly 2nd, 2009 Injunction against Delta in Mesa case upheldATLANTA — A federal appeals court has upheld a preliminary injunction barring Delta Air Lines Inc., the world's biggest airline operator, from terminating a regional flying contract with Mesa Air Group Inc. subsidiary Freedom Airlines.
AIG, Continental Airlines, Apollo Group, Lear are among big market movers TuesdayJune 30th, 2009 AIG, Continental, Apollo Group are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down 17 cents at $1.16
Shareholders voiced disappointment over the embattled insurer's near-collapse last fall during a short, relatively calm meeting. Emulex Corp., down $1.10 at $9.78
Chip designer Broadcom Corp.
Broadcom raises hostile takeover offer for Emulex to about $912 million from $764 millionJune 30th, 2009 Broadcom boosts hostile takeover offer for EmulexIRVINE, Calif. — Chip designer Broadcom Corp.
Advisory firm backs Emulex board in Broadcom's hostile takeover bidJune 22nd, 2009 Advisory firm backs Emulex board in Broadcom bidNEW YORK — The proxy advisory firm Glass Lewis & Co. has come down against a proposal by Broadcom Corp.
Broadcom says it's willing to reassess takeover bid price for Emulex, if it gets private dataJune 9th, 2009 Broadcom willing to reassess Emulex bid priceBroadcom Corp. could reassess the price of its unsolicited takeover of Emulex Corp., which had called its $764 million offer as inadequate, if given nonpublic information to justify a new bid, according to a regulatory filing made Tuesday.
Qualcomm posts big fiscal 2nd-quarter loss on legal settlement with BroadcomApril 27th, 2009 Qualcomm posts 2nd-qtr loss on legal settlementSAN DIEGO — Qualcomm Inc. posted a fiscal second-quarter loss Monday on a hefty payment to rival chip maker Broadcom Corp.
Bank of New York Mellon, General Motors, Delta, Broadcom are big market movers TuesdayApril 21st, 2009 Bank of New York Mellon, General Motors big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Coach Inc., up $2.69 at $20.92
First-quarter profit slid, but the luxury handbag maker said sales and traffic had stabilized, and declared a new cash dividend. General Motors Corp., up 4 cents at $1.70
The car maker could get as much as $5 billion more in federal loans on top of the $13.4 billion it has already received.
Broadcom launches hostile $764 million bid for Emulex; 1Q earnings miss StreetApril 21st, 2009 Broadcom launches hostile $764M bid for EmulexIRVINE, Calif. — Chip designer Broadcom Corp.