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Feds reject Exxon Mobil bid to block shareholder proposal

2016-03-24 18:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Comment: The proposal, put forward by NY state's comptroller, would force the company to account annually for risks that climate change or legislation created to control carbon pollution would post to the company. As of early afternoon trading on Wednesday, Exxon stock has remained relatively flat on the day, recently seen trading at $83.94 from an open of $83.86. The Rockefellers have chose to drop Exxon Mobil (NYSE:XOM). The fund's board said it has directed advisors to sell all holdings of ExxonMobil,...

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Premier Foods snubs US bid approach

2016-03-23 09:47:24| BBC News | Business | UK Edition

UK food manufacturer Premier Foods says it has rejected a bid approach from US spices and herbs maker McCormick.

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Tasmania forest logging bid dropped

2016-03-20 10:58:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The Australian and Tasmanian authorities are abandoning their bid to have logging permitted in the Tasmanian Wilderness, a World Heritage site. The decision comes after a report by the UN cultural agency Unesco said the area "should be off-limits to commercial logging in its entirety". The Tasmanian Wilderness covers about a fifth of the island and is one of the world's last big temperate forests. Conservation groups have welcomed the Unesco report and the logging decision. In 2014 the...

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Steinhoff will not bid for Argos owner

2016-03-18 17:01:02| BBC News | Business | UK Edition

South African firm Steinhoff International walks away from a two-way battle for Argos owner Home Retail Group (HRG).

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ASE fails to gain antitrust approval for SPIL bid

2016-03-17 23:46:26| Semiconductors - Topix.net

Advanced Semiconductor Engineering will be unable to win antitrust approval in Taiwan by March 17 - the deadline of its tender offer for another 24.71% stake in Siliconware Precision Industries . The back-end semiconductor service provider, which already owns 25% of SPIL through a previous tender offer, in December 2015 launched another tender offer aiming to increase its stake in the competitor to almost 50%.

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