Minerva calls EGM following KiFin bust-up

first_imgWednesday 11 August 2010 8:21 pm Show Comments ▼ Share PROPERTY developer Minerva has called an emergency meeting to drum up support following demands for a boardroom shake-up from rebel investor KiFin, owned by billionaire Nathan Kirsh. In the latest chapter of an extended power struggle at Minerva, KiFin has proposed the sacking of chairman Oliver Whitehead and chief executive Salmaan Hasan and called for more transparency on terms of its recent restructuring and profit share agreements.KiFin plans to install London property veteran Philip Lewis as interim chief executive, along with former Investec boss Bradley Fried as a non-executive director, if the moves win shareholder approval at an emergency meeting on 8 September. Minerva has hit back at the proposals, accusing leading shareholder KiFin of trying to take control of its activities without paying, after its 50p per share takeover bid collapsed earlier this year.“It’s a pretence to say they don’t want to take control, given their actions over a period of time,” Whitehead told City A.M. “We have no problem with them taking over as long as they pay a proper price. By trying to install Lewis, they are trying to gain control without the hassle of a takeover.” “Besides the demands set out, we have no idea what KiFin has planned for the company. They are just making mischief, putting out negative tittle-tattle,” Whitehead added. Lewis called yesterday for Minerva’s other board members to get involved and calm the dispute. “They have got three good non-executive directors who should be making an effort to find a solution to this problem,” Lewis said. “Kirsh is not seeking control of the company. We simply want management to understand the importance of full disclosure of the key financial information that we are requesting.” whatsapp KCS-content center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot Minerva calls EGM following KiFin bust-up Tags: NULLlast_img read more

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Drug IT group to float

first_img Drug IT group to float whatsapp Tags: NULL whatsapp Sunday 10 October 2010 10:52 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com A SUPPLIER of safety assessment software to drug development companies is raising £9.15million on London’s junior stock market to help it hit the acquisition trail.Instem Life Science Systems, whose customers include GlaxoSmithKline and Astrazeneca, is placing 5,228,376 shares at 175p each on AIM, giving it a market capitalisation of £20.5m.The Staffordshire-based company, whose flagship product is known as Provantis, provides software that helps pharmaceutical companies to assess the safety of their drugs.It hopes to expand by developing new products and buying rivals in a highly fragmented market that it says is ripe for consolidation.Chief executive Phil Reason said tax and spending pressures on the pharmaceutical industry were helping to increase demand for its products.The group was hoping acquisitions would help it to speed up its growth in markets and regions such as China and Japan.“The initial public offering will play a key part in helping us to achieve these goals,” he said.Instem employs 102 staff at eight sites around the world and has more than 80 customers including seven of the top 10 pharmaceutical and biotech companies in North America, Europe, China, India and Japan.MARK BRADYBREWIN DOLPHINMARK Brady at Brewin Dolphin is acting as broker and adviser on the Instem Life Science Systems flotation. Brady, the managing director of corporate finance at Brewin, joined the group’s corporate finance team in 1988, having qualified at tax and business services consultancy KPMG and became a director in 1993. He has experience in providing advice to clients on IPOs, takeovers and a range of other transactions involving private and public firms. In addition, Brady is the immediate past chairman of the Quoted Companies Alliance and a member of the Yorkshire and North East Regional Advisory Group of the London Stock Exchange. He is also a regular speaker at events on quoted company issues. Brady is advising Instem’s chief executive Phil Reason and his team.Reason, 48, has developed a number of IT businesses in the life science and nuclear industries, through internal company growth and via acquisitions. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Show Comments ▼ Share KCS-content last_img read more

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Pimco to invest 10pc in equities

first_img Show Comments ▼ Share Tags: NULL Thursday 16 December 2010 8:33 pm PIMCO Total Return Fund, the world’s biggest bond fund at $256bn and managed by Bill Gross, said yesterday it may start investing up to 10 per cent of its assets in “equity-related” securities, such as convertibles and preferred stock.The change in the fund’s strategy comes as many strategists suggest the bull market in bonds could be coming to an end. whatsapp KCS-content center_img Pimco to invest 10pc in equities by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapplast_img read more

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Industry growth in Eurozone

first_img Show Comments ▼ whatsapp Industry growth in Eurozone Share INDUSTRIAL production rose across the Eurozone in November, it was announced yesterday, on a day of good economic data for the single currency area.Production increased by 1.2 per cent on the previous month, a far greater jump than had been expected by economists.The annual rate of production growth rose from 7.1 per cent to 7.4 per cent, as the euro area looks to recover.“The industrial sector will have made a decent contribution to Eurozone GDP growth in the fourth quarter of 2010,” said Howard Archer of IHS Global Insight.In France, industrial production jumped 2.3 per cent after strike action affected October’s results. Meanwhile, there were also monthly gains in Italy (1.1 per cent) and Spain (1.2 per cent).Germany experienced a surprise fall, dropping 0.7 per cent on the previous month, although 11.4 per cent year on year.And the outlook for the German economy remains extremely positive as official figures showed a 3.6 per cent uptick in GDP growth for 2010.The boom represents the sharpest annual growth rate since German reunification.The rapid recovery follows the previous year’s slump, when the German economy contracted by 4.7 per cent.And the upturn may have been even sharper if not for harsh winter conditions towards the end of the year. Growth in the fourth quarter probably slowed to around 0.6 per cent, compared to the third quarter, according to ING’s Carsten Brzeski. KCS-content Wednesday 12 January 2011 7:41 pm whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tags: NULLlast_img read more

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China criticises US dollar

first_img China criticises US dollar More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com KCS-content whatsapp Share Show Comments ▼ whatsappcenter_img CHINESE President Hu Jintao yesterday called the US-dollar-dominated international currency system a “product of the past”. He added that it would be a “fairly long process” to make China’s own currency an international one.He also said “the liquidity of the US dollar should be kept at a reasonable and stable level”. China has argued that the Federal Reserve’s November decision to buy $600bn (£378m) in US government bonds would undermine the greenback’s value and lead to competitive currency devaluations by other countries. China is the largest holder of US debt.The Chinese president responded to complaints that China does not always treat foreign companies registered in China fairly. “Their innovation, production and business operations in China enjoy the same treatment as Chinese enterprises,” he said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Expressautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldFamilyMindedThe Most Common Astrology Questions People AskFamilyMindedmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comJournalistateCanal Drained For First Time And They Find ThisJournalistateStadium TalkBest Basketball Player Ever From Every StateStadium Talk Sunday 16 January 2011 11:04 pm Tags: NULLlast_img read more

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Strong Christmas drives second profit upgrade in two months at Laura Ashley

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org FASHION and homewares retailer Laura Ashley issued its second profit upgrade in two months yesterday.The company said it was confident that full-year profits would be better than City forecasts.It said a strong performance over Christmas and early January means that the results will be “significantly higher than earlier expectations”.Analysts on average were expecting a pre-tax profit of £15.8m.The brand is still associated with its distinctive floral prints.Lately it has expanded overseas, opening its first store in Bahrain and is eyeing opportunities across the globe. The group, which has 221 stores in the UK and Ireland, posted like-for-like sales growth of 2.7 per cent in the 19 weeks to 11 December. The company will announce its full-year results for the year to 29 January at the end of March.Meanwhile, shares jumped by around 20 per cent following the upbeat trading statement. The retailer opened its first gift and accessories store at London’s Liverpool Street station last July. The chain has 233 franchise stores overseas and also aims to expand into China, Indonesia and Russia.Laura Ashley, which was set up in a London flat in 1953, floated on the London Stock Exchange in 1985.It had struggled in previous years but has stormed back into the public eye recently. Thursday 20 January 2011 7:31 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Strong Christmas drives second profit upgrade in two months at Laura Ashley KCS-content whatsappcenter_img whatsapp Show Comments ▼ Share Tags: NULLlast_img read more

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WestLB is set for a breakup

first_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Share Tags: NULL STRICKEN German lender WestLB is headed for a breakup as time runs out to find a solution for the bank as a whole, two people familiar with the matter said yesterday.If no buyer for the whole lender can be found — and at present no potential candidates are in sight — all risky assets will be split off and a core bank doing business with savings banks will remain.WestLB businesses such as investment banking and international banking will be wound down unless a buyer turns up, they said, adding the WestLB’s bad bank is likely to be used for this purpose.But talks between the owners over who will cover the costs are still ongoing.The breakup of WestLB — once Germany’s most powerful public sector bank — does not come as a surprise.The European Commission has demanded a change of ownership at WestLB by the end of 2011, in return for a state bailout the lender got in the financial crisis.Sources had said last week that a breakup of the lender could only be averted with extra time. But the European Commission made it clear on Wednesday that it will not extend a 15 February deadline to restructure the bank. The deadline for the remaining four bidders to submit offers in an ongoing auction is 11 February.China Development Bank and buyout firms Blackstone, Apollo and J.C. Flowers are said to have handed in preliminary offers. Sunday 30 January 2011 11:29 pm whatsapp WestLB is set for a breakup KCS-content Show Comments ▼ whatsapplast_img read more

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Quintain set to raise £2bn for property fund

first_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com PROPERTY investor Quintain said it has made progress towards creating a new income-generating fund yesterday, and is on target to meet this year’s £1.25bn funds under management goal.The FTSE-listed firm’s plans to ramp up funds under management to £2bn by 2013 remain on track, and will focus on healthcare, student accommodation and science parks, Quintain said in a quarterly update, Quintain said construction at its flagship Wembley City regeneration scheme next to the stadium is on schedule to open next year, including a Hilton Hotel, high-end flats and 660-bedroom student accommodation. The firm also said its Greenwich Peninsula retail space was now 89 per cent let or under agreement,Quintain shares lost 1.7 per cent to close at 43p yesterday. whatsapp Quintain set to raise £2bn for property fund KCS-content Wednesday 9 February 2011 7:56 pmcenter_img Show Comments ▼ Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm whatsapp Tags: NULLlast_img read more

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PPR beats forecasts as Gucci and Yves Saint Lauren shine

first_imgThursday 17 February 2011 8:24 pm FRENCH luxury and retail group PPR posted a forecast-beating current operating profit for 2010, boosted by a recovery in the luxury market and solid growth at its Puma sportswear brand.The owner of fashion brands Balenciaga and Gucci and retailer Fnac posted a full-year current operating profit of €1.53bn (£1.28bn) – above expectations of €1.487bn based on an analysts’ poll.It proposed a dividend of €3.5 a share, marking a 6.1 per cent increase against the previous year.PPR did not give a precise target for 2011 aside from improving sales and profits against the previous year.In the fourth quarter alone, the group’s luxury division Gucci Group enjoyed the strongest growth with a 14.4 per cent rise in comparable sales, driven mainly by smaller brands than Gucci such as Bottega Veneta, Yves Saint Laurent and Balenciaga.Gucci Group’s fourth-quarter performance compared with growth of 16.7 per cent in the third quarter.“The slowdown in the fourth quarter is smaller than expected in the luxury division,” said Natixis analyst Boris Bourdet. “Overall, [PPR’s results are] are better than expected.” PPR’s Puma also saw sales rises 10.6 per cent in 2010, with a net profit jump of 154 per cent. KCS-content Share PPR beats forecasts as Gucci and Yves Saint Lauren shine More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKansas coach fired for using N-word toward Black playerthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comcenter_img Show Comments ▼ whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULLlast_img read more

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Apple dodges calls to reveal Jobs’ successor

first_img whatsapp Apple dodges calls to reveal Jobs’ successor APPLE shareholders yesterday voted down demands for a succession plan for chief executive Steve Jobs.Investors decided not to back a call from the Labourers’ International Union, which would have forced the firm to reveal whether and how it will eventually replace Jobs, who is currently on medical leave and did not attend the meeting in San Francisco. But shareholders did pass a measure requiring directors to win a majority vote before they join the board, which was put forward by Calpers, America’s biggest pension fund, according to preliminary voting results produced last night.Apple asked its shareholders to vote down the request for details of its succession plan, arguing that the information would give an unfair advantage to competitorsChief financial officer Peter Oppenheimer told shareholders that the company was retaining its $60bn (£37bn) cash pile to pursue “future opportunities”.Tim Cook, Jobs’ top lieutenant, did not answer questions about Jobs’ undisclosed medical condition that has led to him taking charge of operations at Apple for the third time in seven years. Share KCS-content whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Show Comments ▼ Wednesday 23 February 2011 9:08 pm Tags: NULLlast_img read more

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