Simply Credit Help – Debt and Bad Credit Improvement Advice
senators-said

China’s Wanda in $1 billion deal to buy Hollywood’s Dick Clark

November 4, 2016 by · Leave a Comment 

SHANGHAI/SAN FRANCISCO (Reuters) – China's Dalian Wanda has agreed a $1 billion takeover of Dick Clark Productions, the company that runs the Golden Globe awards and Miss America pageants, extending the Chinese property-to-entertainment conglomerate's expansion into Hollywood. Wanda, run by China's richest man, Wang Jianlin, said in a statement on Friday it would buy all of Dick Clark Productions, an iconic name in U.S. entertainment …

Read more:
China’s Wanda in $1 billion deal to buy Hollywood’s Dick Clark

senators-said

Takata mulls bankruptcy for U.S. unit, filing will take time: source

November 4, 2016 by · Leave a Comment 

WASHINGTON/TOKYO (Reuters) – Japan's Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators, a person briefed on the matter told Reuters. Takata, which has retained investment bank Lazard Ltd as an adviser, has been working to choose a backer for its turnaround …

Here is the original:
Takata mulls bankruptcy for U.S. unit, filing will take time: source

senators-said

Icahn raises stake in Herbalife

November 4, 2016 by · Leave a Comment 

(Reuters) – Activist investor Carl Icahn has raised his stake in Herbalife Ltd to 23.1 percent as of Nov. 3, according to a regulatory filing on Thursday. Icahn had reported a 20.78 percent stake in the company in August. (http://bit.ly/2fjU7ve) Herbalife said on Tuesday that Chief Executive Michael Johnson would step down next year and be replaced by Chief Operating Officer Richard …

The rest is here:
Icahn raises stake in Herbalife

senators-said

Wells Fargo sales scandal extends to brokerage unit: U.S. senators

November 4, 2016 by · Leave a Comment 

Wells Fargo & Co fired hundreds of brokerage employees for improper sales practices, three U.S. senators said on Thursday, widening the scope of a scandal which the fourth-largest U.S. bank has so far characterized as a retail banking problem. In a letter to Wells Fargo Chief Executive Tim Sloan, Senators Elizabeth Warren, Ron Wyden and Robert Menendez questioned the bank's disclosures about those employees' dismissals in required regulatory filings.

Go here to see the original:
Wells Fargo sales scandal extends to brokerage unit: U.S. senators