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DuPont strikes back at Peltz as proxy war heats up

2015-02-17 20:15:46| Chemicals - Topix.net

Trian, which owns a 2.68 percent stake in DuPont, has urged shareholders to vote Peltz and three other nominees to the company's board, calling the proxy vote a "referendum on DuPont's financial performance." Up to Friday's close, DuPont's shares had risen 18 percent in the last 12 months, compared with a 7 percent increase for Dow Chemical Co ( Dow Chemical averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, last November by agreeing to add four independent directors to its board.

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Emirates Boss Strikes Back at U.S. Airlines for Hiding Behind Bankruptcies

2015-02-10 01:09:46| Airlines - Topix.net

First, chief executive officers of the three largest U.S. airlines sought to limit the expansion of Persian Gulf carriers in the domestic market because of government subsidies they said provide an unfair competitive advantage. Now the head of Emirates Airline has struck back, arguing that American Airlines Group Inc., United Continental Holdings Inc. and Delta Air Lines Inc. all benefited from U.S. bankruptcy laws that let them shed debt and cut operating costs to continue flying.

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Whole Foods strikes back at competitors

2014-10-17 07:18:40| Grocery - Topix.net

As noted last time out, the organic foods market is becoming more competitive. Kroger has had their greatest recent success in this portion of the food industry.

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Sprint Strikes Back with Improved Phone Trade-in Program

2014-09-09 20:12:16| Telecom - Topix.net

Today Sprint announced it will meet or beat all competitors' pricing to ensure the best trade-in values. Sprint will match all major U.S. carrier buyback pricing on all new lines of service starting immediately.

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