Disney (DIS) has hit back at activist investor Nelson Peltz amid its ongoing proxy battle with the hedge fund billionaire. “Nelson Peltz does not understand Disney’s businesses and lacks the skills and experience to assist the board in delivering shareholder value in a rapidly shifting media ecosystem,” Disney said in an updated proxy statement on Tuesday, adding: “The current Disney board is the right board for shareholders.” The company once again defended its stock performance under CEO Bob… Source link
Read More »Russia’s Yandex lacks funds to cover potential bond redemption
MOSCOW, March 4 (Reuters) – Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover. Unprecedented Western sanctions over Moscow’s invasion of Ukraine have hammered Russia’s financial system and investors have dumped Russian assets from the rouble to bonds and stocks. Yandex said that a suspension of trading of its Class A shares on Nasdaq of more… Source link
Read More »CFP lacks juice as Alabama, Georgia coast
The chants that have become the soundtrack of college football will be heard on repeat in the upcoming weeks. In Indianapolis, the inexplicable site of the College Football Playoff title game on Jan. 10, the vocal flex of Southern football superiority will reverberate in the heart of Big Ten country. With No. 3 Georgia and No. 1 Alabama set to square off in an SEC title game rematch, we’re left wondering if there’s a way for the sport to provide a surprise ending — both in result and,… Source link
Read More »Workplace death of North Dakota construction worker in 2012 lacks answers nearly a decade after he went missing, found buried at site years later
Eric Haider was born prematurely, tiny and frail, with a heart murmur. He wasn’t expected to survive. But he did. As a child, Eric, who was deaf in one ear, learned how to sign and went through years of physical therapy for the complications he endured as a preemie. But the tiny baby eventually turned into a strong, six-foot-tall man who, according to his mother, once literally gave the shirt off his back to a stranger who needed it for a job interview. “That’s who he was,” his mother… Source link
Read More »Back better but game lacks sharpness, says Woods
(Reuters) – Tiger Woods said his back was feeling better but his game remained a little out of sorts after carding a third-round one-under 71 at the Memorial Tournament in steamy Dublin, Ohio on Saturday, leaving him 11 shots off the overnight leaders. Competing in a PGA Tour event for the first time in five months, Woods has looked both good and bad with a second-round four-over 76 on Friday sandwiched between 71s. A five-times champion on the Jack Nicklaus designed Muirfield Village layout,… Source link
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