Microsoft in quandary over Yahoo bid
… could position itself to return with another bid this summer in hopes of completing the acquisition without suffering through the disruption and rancor likely to erupt if Microsoft were to try to oust Yahoo’s board in a risky process known as a proxy …
Hedonism and holy war in Beirut
Yes, it is a breeding ground for Islamic militants and proxy battleground for regional conflict, but it is also a sun-splashed destination for tourists and tycoons.
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The beginning of end for Yahoo may be near
Icahn has threatened to wage a proxy fight to oust board members and formed a slate of 10 nominees of his own to replace them. Yahoo has delayed its annual meeting from July 3 to the end of July.
Exxon Mobil’s CEO, Chairman Tillerson to face fire
The board believes very strongly that there is NO single best organizational model that would be most effective in all circumstances,” the company said in its proxy statement filed with the Securities and Exchange Commission.
Durable-goods orders
In another good sign, orders for non-defense capital goods excluding aircraft, considered a good proxy for business investment, rose by 4.2 percent last month, the best showing since last December.
Durable goods orders fall for third month
Many defense industries have seen big increases reflecting the wars in Iraq and Afghanistan. A key category that is viewed as a proxy for business investment plans showed no increase in March after a big 2 percent drop in February. Businesses have cut …
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