using-the-tools
Icahn denies attempt to sell Herbalife stock, buys more shares
August 27, 2016 by publisher · Leave a Comment
Herbalife shares rose 4 percent in extended trading, reversing course after Icahn said he had bought 2.3 million shares on Friday. “Completely contrary to what Bill Ackman stated on television today, I have never given Jefferies an order to sell any of our Herbalife shares,” Icahn said in a statement after market close. Ackman, who unveiled a $1 billion short bet against Herbalife in 2012, said on CNBC earlier in the day that Icahn's planned stake
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Icahn denies attempt to sell Herbalife stock, buys more shares
using-the-tools
Redstone granddaughter agrees to case dismissal, helps broader deal
August 27, 2016 by creative · Leave a Comment
The granddaughter of Viacom Inc's controlling shareholder Sumner Redstone has agreed to let a Massachusetts court dismiss claims brought by former company leaders, a step that will help end a battle over the fate of the media empire. …
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Redstone granddaughter agrees to case dismissal, helps broader deal
using-the-tools
For the Fed’s Yellen ‘conventional’ unconventional policy is enough
August 27, 2016 by publisher · Leave a Comment
By David Chance WASHINGTON (Reuters) – For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to helicopter money drops, Federal Reserve Chair Janet Yellen appears to believe she can tackle any future downturn using…
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For the Fed’s Yellen ‘conventional’ unconventional policy is enough