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US Steel receiving acquisition offers as company promises to maximize stockholder value
New York CNN — United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a…
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Judge denies approval of AMC shareholder settlement
A judge on Friday blocked a proposed settlement on AMC Entertainment Holdings’ stock conversion plan that would allow the company…
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Australian gold miner Newcrest backs Newmont’s $17.8 billion offer
Sydney Reuters — Australian gold miner Newcrest Mining said on Monday it would back Newmont A$26.2 billion ($17.8 billion) takeover…
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HSBC spinoff: Bank’s top execs face tense shareholders in Hong Kong calling for a breakup
Hong Kong CNN — HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as…
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Union Pacific CEO to leave after push from activist shareholder
New York CNN — Union Pacific shares jumped 10% in premarket trading Monday after the railroad company announced CEO Lance…
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Big Oil faces scrutiny after making $200 billion last year
London CNN — BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits…
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Tim Cook, Apple’s CEO, agrees to a 40% target pay cut
London CNN — Apple CEO Tim Cook has agreed to cut his pay this year after shareholders rebelled. The world’s…
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