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Confusion Over Viacom's Plans To Sell Paramount Stake Continues
Wednesday, April 13, 2016 - 9:48am | 266Viacom, Inc. (NASDAQ: VIAB) has been actively looking for a buyer for its stake in Paramount. After all, the move received the blessing of the company's controlling shareholder, Sumner Redstone. Or so, Viacom's CEO Philippe Dauman thought. It turns out, Dauman misheard Redstone's desires to support...
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New York Post: Dan Loeb is Short Multi-Level Marketer Nu Skin
Tuesday, January 22, 2013 - 11:09am | 331According to The New York Post, Dan Loeb is short Nu Skin (NYSE: NUS). Shares of the multi-level marketer dropped nearly 2 percent early on Tuesday. This stands in sharp contrast to Loeb's ownership of Herbalife (NYSE: HLF) shares. Both stocks have traded largely in tandem over the last few months...
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China's iPad Launch Brings 30 to the Store
Friday, July 20, 2012 - 8:08am | 444Chinese consumers can breathe a sigh of relief; the newest Apple (NASDAQ: AAPL) iPad has arrived. Legal woes that once halted the promotion and sale of the newest tablet have been settled, allowing techies to now swoop up a fresh version. Shenzhen Proview Technology received quite a hefty payday...
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Can You Spare Some Change?
Monday, August 22, 2011 - 12:22pm | 87099 cents to be exact. Shares of discount chain 99-Cents Only Stores (NYSE: NDN) are jumping this afternoon, gaining almost 10% after the the New York Post reported this morning that private equity firm Apollo Global Management LLC was going to bid on the company. “Instead of saying Leonard Green...
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Texting While Driving: Bad, Texting While Flying: OK?
Tuesday, January 11, 2011 - 11:04am | 319All over the country, there are initiatives in place that aim to reduce the amount of people who text while driving. Like it or loathe it, this has become a serious problem, resulting in numerous (and sometimes deadly) traffic accidents. While the same cannot be said for flying – perhaps in part...
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Benihana Family Fighting; Future Looks Uncertain (BNHNA)
Monday, July 19, 2010 - 3:27pm | 165According to a New York Post article, the future of Japanese steakhouse Benihana (NASDAQ: BNHNA) is up in the air. Founder Rocky Aoki's children, who control 38% of the common shares in the business, are battling with Rocky's third wife Kelko. According to the report, both factions are also at odds...
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Benihana's Future Looks Choppy as Family Fights (BNHNA)
Monday, July 19, 2010 - 10:40am | 431NEW YORK (The NYPost) -- Like one of the knives tossed by Benihana's (NASDAQ: BNHNA) theatrical chefs, the Japanese steakhouse's future is very much up in the air. The children of the 45-year-old restaurant chain's late founder, Rocky Aoki, who now control 38 percent of the common shares in the...