News tagged with hedge fund

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Sony chief says time needed to study proposal

Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders Thursday.

dateJun 20, 2013 in Business
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Yahoo chairman joins recent boardroom exodus

Yahoo could use a revolving door in its boardroom. In the latest exit, Chairman Alfred Amoroso will become the eighth Yahoo Inc. director to depart since early last year. He will leave the board on June 25 ...

dateApr 26, 2013 in Business
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Apple shareholder drops lawsuit on preferred stock

A disgruntled shareholder pressing Apple to create a new class of preferred stock has dropped a lawsuit that became a moot point after the iPhone and iPad maker changed the agenda at its annual meeting earlier this week.

dateMar 01, 2013 in Business
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