BOSTON, Oct 21- Allergan Inc said on Tuesday it saw no evidence to support claims by hostile suitors Valeant Pharmaceuticals and hedge fund Pershing Square Capital Management that its chief executive officer had spearheaded a campaign to spread misinformation. Pershing Square, run by billionaire William Ackman, has been working with Valeant for months to...» Read More
NEW YORK, May 30- The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said. Spokespeople for Mickelson, the FBI and the SEC declined to comment.
NEW YORK, June 2- Questions about how to apply securities law to activist investors could complicate any potential insider trading case against billionaire Carl Icahn, pro-golfer Phil Mickelson and Las Vegas gambler William Walters, legal experts said.
JAKARTA, June 12- The chief executives of Freeport McMoRan Copper& Gold Inc and Newmont Mining Corp are both in Indonesia's capital, marking what might be a last-ditch effort to resolve a dispute over a mineral export tax before a new administration takes over in October.
MADRID, June 12- Spanish billionaire Esther Koplowitz could sell some of her stake in the holding company that controls builder FCC as part of a debt restructuring deal, said a source who is working on the refinancing. FCC shares were the top gainers on Thursday morning on Spain's benchmark index, up 4.75 percent to 17.64 euros per share.
JAKARTA, June 12- The head of Freeport McMoRan Copper& Gold Inc has returned to Indonesia's capital, marking what might be a last-ditch effort to resolve a dispute over a mineral export tax before a new administration takes over in October.
June 12- Golf star Phil Mickelson was not involved in insider trading in the shares of Clorox Co when billionaire investor Carl Icahn was attempting an unsolicited takeover of the consumer products company in 2011, the New York Times reported, citing people briefed on the probe.
June 11- Golf star Phil Mickelson was not involved in insider trading in the shares of Clorox Co while billionaire investor Carl Icahn was attempting an unsolicited takeover of the consumer products company in 2011, the New York Times reported, citing people briefed on the probe.
KIEV, June 11- Ukraine is shutting down two banks owned by tycoons close to its ousted president and a smaller lender which has also been hit by the country's economic and political upheaval, a senior banking official said on Wednesday.
Most stereotypes associated with the world's ultra-high-net-worth UHNW)population are just plain wrong, says research house Wealth X Institute.
WASHINGTON, June 10- The U.S. Supreme Court is due to meet behind closed doors on Thursday to consider how to act on Argentina's appeal of lower court decisions ordering the country to pay $1.33 billion to hedge fund creditors.
Ford is looking to add a new environmental option to its tool box and it plans to team up with ketchup maker Heinz to to make it happen.
LONDON, June 10- Auto maker Ford Motor Co is looking to add a new environmental option to its tool box. Ford said on Tuesday it was teaming up with ketchup maker Heinz, owned by billionaire investor Warren Buffett's holding company Berkshire Hathaway Inc and U.S. investment firm 3 G Capital, to look at using tomato fibres in car production.
WASHINGTON, June 10- The U.S. Commodity Futures Trading Commission has reached an agreement in principle to settle its oil manipulation case against Arcadia Petroleum and Parnon Energy, taking a step closer to ending a high-profile, years-long lawsuit.
*Bank of Ireland shares down 3.2 percent. LONDON/ DUBLIN, June 10- U.S. billionaire Wilbur Ross sold his entire shareholding in Bank of Ireland for almost half a billion euros on Tuesday, to almost triple the value of a shrewd investment made at the height of the euro zone crisis.
*Bank of Ireland shares down 2.8 percent. LONDON/ DUBLIN, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share, Deutsche Bank, the placing's bookrunner, said in a statement. Deutsche Bank acted as sole bookrunner on the placement of Ross's 1.8 billion shares.
*FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 down 0.2 pct. *Bank of Ireland sinks as Wilbur Ross sells stake. The pan-European FTSEurofirst 300 index was down 0.1 percent at 1,392.02 points at 0726 GMT, with the euro zone's blue-chip Euro STOXX 50 index down 0.2 percent at 3,299.54 points.
LONDON, June 10- European stocks paused early on Tuesday after a three-day winning streak fueled by a package of measures from the European Central Bank, with a key regional index seen as overbought on a technical basis.
LONDON, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share on Tuesday, a source familiar with the transaction said.
*Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks were nearly flat on Monday after the Dow and S&P 500 hit intraday record highs again on more deal news, while Wall Street's fear gauge rebounded.
*Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks edged higher on Monday, pushing the Dow and S&P 500 to intraday record highs again after a series of deals, though Wall Street's fear gauge also bounced back. Merck& Co said it has agreed to buy Idenix Pharmaceuticals Inc in a deal valued at about $3.85 billion.