Yahoo rebuffs Microsoft takeover offer
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In a defiant open letter to Microsoft Chief Executive Steve Ballmer, Yahoo said the software giants threat of a proxy battle was counterproductive and Yahoo would only be open to a better deal.
Our boards view of your proposal has not changed, said the letter, signed by Yahoo Chairman Roy Bostock and Chief Executive Jerry Yang. [...]
Tempus Severn Trentrsquo;s huge fine is just water over the dam
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Worries about the size of fines facing Severn Trent, Britains second-largest
water company, have been in play since last August when it admitted it faced
a criminal prosecution from the Serious Fraud Office.
Yesterday, at least half the uncertainty over the amount of cash Severn Trent
is going to have to pay was removed. The water company faces a [...]
In the know
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Gilts
Gilt prices fell as investors, heartened by encouraging news from financials,
including reports that Washington Mutual Inc is close to securing a $5
billion cash infusion, opted for equity markets. The June long gilt future
settled 42 ticks down at 109.98. Yields on ten-year benchmark gilts were
five basis points up at 4.505 per cent.
Rumour of the day
Rightmove, the [...]
AP Executive Morning Briefing
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The top business news from The Associated Press for the morning of Monday, April 7, 2008:Novartis Spending $38 Billion for AlconBASEL, Switzerland (AP) - Switzerland’s Novartis AG said Monday it will spend about $38 billion in a two-step bid for a majority stake in U.S. eye-care [...]
Yahoo promises to amp up ad platform
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SAN FRANCISCO — Yahoo Inc. believes it’s poised to revolutionize online advertising after years of being outmaneuvered by rival Google Inc.But the slumping Internet pioneer might not get the chance to show off the latest improvements to its online advertising platform unless it can convince increasingly [...]
Yahoo promises to amp up ad platform
Posted by admin
SAN FRANCISCO — Yahoo Inc. believes it’s poised to revolutionize online advertising after years of being outmaneuvered by rival Google Inc.But the slumping Internet pioneer might not get the chance to show off the latest improvements to its online advertising platform unless it can convince increasingly [...]
AP Executive Morning Briefing
Posted by admin
The top business news from The Associated Press for the morning of Monday, April 7, 2008:Novartis Spending $38 Billion for AlconBASEL, Switzerland (AP) - Switzerland’s Novartis AG said Monday it will spend about $38 billion in a two-step bid for a majority stake in U.S. eye-care [...]
Yahoo promises to amp up ad platform
Posted by admin
SAN FRANCISCO — Yahoo Inc. believes it’s poised to revolutionize online advertising after years of being outmaneuvered by rival Google Inc.But the slumping Internet pioneer might not get the chance to show off the latest improvements to its online advertising platform unless it can convince increasingly [...]
Yahoo promises to amp up ad platform
Posted by admin
SAN FRANCISCO — Yahoo Inc. believes it’s poised to revolutionize online advertising after years of being outmaneuvered by rival Google Inc.But the slumping Internet pioneer might not get the chance to show off the latest improvements to its online advertising platform unless it can convince increasingly [...]
Fabrication Shops Roll With Steel Prices, Tech Demands
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Last year Robert Bell, president of Dingwell’s North America, Internet Sales a machining and fabrication service in Thunder Bay, Ontario, looked to the Upper Midwest as a place to expand his business, and liked what he saw.
“There’s quite a bit of money to be spent in that region,†he said.
. He saw the “for [...]