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GM plans $5B stock buyback, avoids showdown with hedge funds
2015-03-09 13:53:02| Automakers - Topix.net
General Motors has headed off a potentially divisive proxy fight by agreeing to a $5 billion stock buyback that starts immediately and will close by the end of next year. The move announced Monday before the markets opened is part of a deal with Harry Wilson, a former member of the government task force that restructured GM coming out of its 2009 bankruptcy.
Limerick man who stole from employer avoids prison
2015-02-08 15:27:30| Auto Dealers - Topix.net
Congratulations, you're now registered! Let us know what news and updates you want to hear about and we'll send them straight to your inbox. A CAR salesman who stole tens of thousands of euro from his employer by selling cars off the books has been warned he will go to prison if he does not pay back the money he stole.
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Halifax stamps $60M in waste contracts, avoids monopoly
2015-02-04 18:01:54| Solid Waste & Recycling magazine Headlines
Its worth the additional cost in order to have a diverse marketplace, and to support local business, the councillor suggested The post Halifax stamps $60M in waste contracts, avoids monopoly appeared first on Solid Waste & Recycling Magazine.
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Ottumwa avoids Deere layoffs
2015-01-23 23:00:53| Industrial Machines - Topix.net
In a press release, company spokesman Ken Golden said that layoffs will affect plants in Waterloo, Ankeny and East Moline, Illinois. In addition, approximately 500 employees at Deere's seeding and cylinder facility in Moline will go on an extended inventory adjustment shutdown.
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Dow Chemical Pact With Third Point Avoids Proxy Fight
2014-11-21 18:23:29| Chemicals - Topix.net
Dow Chemical Co. , the largest U.S. chemical maker, avoided a proxy fight with activist investor Third Point LLC after agreeing to add four new independent directors.
Tags: point
fight
chemical
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