Tag Archives: rival
Dow, S&P 500 end at record highs again, Google jumps
By Angela Moon NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with the Dow and S&P 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted Continue reading
Rafsanjani’s last-minute entry transforms Iranian race
By Yeganeh Torbati and Marcus George DUBAI (Reuters) – Former president Akbar Hashemi Rafsanjani threw himself into Iran's election race on Saturday as a flurry of heavyweight candidates rushed to beat the registration deadline in the most unpredictable contest for decades. Iranian media reported that Rafsanjani – a relative moderate – had registered for the June 14 presidential election with just minutes to spare. His candidacy radically alters what was previously seen as a contest between rival conservative groups. Continue reading
Exclusive: Softbank asks banks not to finance Dish’s Sprint bid – sources
SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying doing so could hurt their chances of gaining a coveted role in the highly anticipated public offering of Alibaba Group Holding Ltd, according to two people with knowledge of the matter. Continue reading
Glencore Set to Lay Off Several Xstrata Managers
Glencore International PLC (GLNCY) will lay off hundreds of Xstrata PLC (XTA.LN) managers when it takes control of its rival and clears out many of the mining group’s top executives, U.K. daily The Times reported on its website Wednesday, without citing specific sources Continue reading
Chavez ally Maduro narrowly wins Venezuela election
By Daniel Wallis and Todd Benson CARACAS (Reuters) – Ruling party candidate Nicolas Maduro narrowly won Venezuela's presidential election on Sunday, the electoral authority said, allowing him to continue the socialist policies of the late Hugo Chavez. The National Electoral Council said Maduro won 50.7 percent of the votes, compared to 49.1 percent for his young rival, Miranda state Governor Henrique Capriles. It said more than 99 percent of the votes had been counted and that the result was “irreversible Continue reading
Lebanon’s new premier says election delay likely
By Dominic Evans and Laila Bassam BEIRUT (Reuters) – Lebanon's June election faces a possible delay, prime minister-designate Tammam Salam said, as he prepared to form a government which aims to resolve months of dispute over the vote and shield the country from war in neighboring Syria. Salam, a moderate who won broad political support to become premier, said he would try to bring all of Lebanon's rival factions into a government whose main priority was paving the way for the parliamentary election. .. Continue reading
Icahn refuses to drop proxy fight option: WSJ
(Reuters) – Billionaire investor Carl Icahn is refusing to drop the option of a proxy fight to force Dell Inc to pay a big dividend, in spite of the board committee's request that he drop his threats and launch a formal bid for the company, the Wall Street Journal reported. Icahn had asked the board's special committee to be reimbursed for the cost of his due diligence on Dell, a benefit the committee has already granted to rival bidders Silver Lake Partners and Blackstone Group LP. Continue reading
Temp Holdings To Buy Intelligence Holdings From KKR In Deal Worth $716 Mln
TOKYO (dpa-AFX) – Japanese staffing company Temp Holdings, Co. Ltd. Continue reading
Amazon sellers unhappy about fee hikes, eye rivals
A brewing conflict between Amazon.com Inc. and its merchants over fee hikes could benefit rival eBay Inc., and provide an opening for Walmart and Google. Continue reading
Kenyans to vote in tense head-to-head presidential race
NAIROBI (Reuters) – Kenyans vote on Monday in a presidential election that will test whether the east African nation can restore its reputation as one of Africa's more stable democracies after a lethal ethnic rampage erupted following the 2007 poll. Outgoing President Mwai Kibaki, the candidates and civil society groups have all appealed for a peaceful poll after the disputed vote five years ago unleashed a wave of killing by rival tribes that lasted weeks and left more than 1,200 dead. “I also make a passionate plea for all of us to vote peacefully Continue reading
