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Kimpton faces hotel shake-up, loses most of its San Francisco hotels

2015-08-01 02:40:40| Real Estate - Topix.net

San Francisco-based Kimpton Hotels and restaurants is undergoing a major shake-up - it's lost the management contract for most of its San Francisco hotels, and some say it's all because of its earlier acquisition by InterContinental Hotels Group. Kimpton will no longer manage the Hotel Palomar San Francisco, Hotel Monaco San Francisco, Harbor Court Hotel, Triton Hotel, Prescott Hotel, Tuscan Inn and the Argonaut hotel.

Tags: hotel san francisco hotels

 

Samsung clears hurdle on way to $8 billion shakeup as court rules against U.S. fund

2015-07-07 07:48:23| Chemicals - Topix.net

A South Korean court on Tuesday denied an injunction request by a U.S. hedge fund trying to block builder Samsung C&T Corp , the de facto holding company of Samsung Group. The verdict allows chemicals and construction materials firm KCC, Cheil's second-biggest shareholder, to exercise voting rights for the treasury shares.

Tags: us rules court samsung

 
 

Greif executives confident shakeup will right ship

2015-06-26 12:47:07| Industrial Machines - Topix.net

Greif in May made a large reduction in its 2015 profit forecast. Its sales and net income have fallen in the past two quarters, and its stock price is hovering around $38, down about 30 percent from a 52-week high of $55.72.

Tags: ship confident executives greif

 

US hedge fund steps up campaign against US$8 billion Samsung asset shake-up

2015-06-18 05:04:51| Electronics - Topix.net

U.S. hedge fund Elliott ramped up its campaign against a proposed US$8 billion merger of two Samsung Group firms, creating a website to lay out its case and saying it wants corporate governance improvements rather than an unfair deal. SEOUL: U.S. hedge fund Elliott ramped up its campaign against a proposed US$8 billion merger of two Samsung Group firms, creating a website to lay out its case and saying it wants corporate governance improvements rather than an unfair deal.

Tags: steps samsung fund campaign

 

Bacardi CMO exits amid marketing shake-up

2015-06-15 16:44:00| Daily beverage news and comment - from just-drinks.com

Bacardi's global chief marketing officer, Dima Ivanov, has left the company less than six months after he took up the post.

Tags: marketing amid exits cmo

 

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