23 December, 2015 by The TZ Newswire Staff Comments Off on Pep Boys says Icahn could further sweeten offer
Pep Boys says Icahn could further sweeten offer
Icahn told Pep Boys he would top any fresh Bridgestone offer by 10 cents per share, capping it at $18.10 per share. The billionaire investor’s latest offer for Pep Boys is $16.50 per share, or about $900 million, a proposal that has been deemed “superior” by Pep Boys’ board. Bridgestone, which has until 5.00 p.m. ET on Thursday to make another proposal, said they were aware of Icahn Enterprises revised offer.
23 December, 2015 by The TZ Newswire Staff Comments Off on U.S. says eighth U.S. death linked to Takata airbag rupture
U.S. says eighth U.S. death linked to Takata airbag rupture
The U.S. National Highway Traffic Safety Administration said Wednesday that an eighth U.S. death is linked to a faulty Takata airbag inflator, marking the first reported death since April and the ninth worldwide. The auto safety agency also said it named a former U.S. Justice Department official to oversee the massive recalls of airbags and the Japanese parts firm’s compliance with a settlement. NHTSA spokesman Gordon Trowbridge told reporters on a conference call that the death took place in July in a recalled used 2001 Honda Accord coupe near Pittsburgh, Pennsylvania.
23 December, 2015 by The TZ Newswire Staff Comments Off on The Margin: The two movies that put Johnny Depp at top of overpaid actors list
The Margin: The two movies that put Johnny Depp at top of overpaid actors list
Depp was named Hollywood’s most overpaid actor of 2015 by Forbes after a string of box-office flops that returned just $1.20 for every dollar of the actor’s salary.
23 December, 2015 by The TZ Newswire Staff Comments Off on What License Do You Need to Sell Equity Indexed Annuities?
What License Do You Need to Sell Equity Indexed Annuities?
Licensing is unclear for these annuities linked to stock market indices.
23 December, 2015 by The TZ Newswire Staff Comments Off on Are Britons bored of Christmas turkey?
Are Britons bored of Christmas turkey?
Turkey is a firm favorite at Christmas, but game meat is enjoying a resurgence of popularity in Britain.
23 December, 2015 by The TZ Newswire Staff Comments Off on US banks hit by cheap oil as OPEC warns of long-term low
US banks hit by cheap oil as OPEC warns of long-term low
U.S. banks face the prospect of tougher stress tests next year because of their exposure to oil, the FT reports.
23 December, 2015 by The TZ Newswire Staff Comments Off on Income Statement
Income Statement
An essential accounting document.