Sony Stock Soars As Hedge Fund Manager and Investor Dan Loeb (Politely) Demands Change
Shareholder activism is a rough business. Investors who amass large stockholdings and then demand changes are usually resisted and excoriated by the companies' managements, who do everything they can to defeat them. The resulting fights for control can often be public and ugly, with both sides seeking to dig up dirt or arguments with which to discredit the other side.
Categories: Personal Finance Tags: activist, career, companies, einhorn-deserve, entertainment, japan, japanese, management, managers-ackman, publicly-attack, united-states, yahoo
Zooey Deschanel’s Divorce From Death Cab For Cutie’s Ben Gibbard Finalized
BY Maria Vultaggio | December 18 2012 12:11 AM Zooey Deschanel’s divorce from Death Cab for Cutie frontman Ben Gibbard is official, TMZ reported  Monday. (Photo: Reuters) Cast member Zooey Deschanel poses at the premiere of the movie "Yes Man" at the Mann Village theatre in Westwood, California December 17, 2008
Categories: Business financial Tags: cutie, deschanel, entertainment, first-separated, gibbard, holidays, irremediable, maria-vultaggio, movies, musician
News Corp starts to rebuild
News Corp has drawn up plans to split into two businesses, separating its entertainment assets from its publishing arm. Lex's Stuart Kirk and Vincent Boland discuss whether News Corp is repositioning itself to make another move for BSkyB. For more commentary from the Lex team, visit http://www.ft.com/lex
Categories: News in finance Tags: bid, entertainment, finance, financial news, latest-news, murdoch, news, publishing, watch-later
HBO Cancels ‘Luck’ After Third Horse Dies
HBO abruptly canceled production of its horseracing drama "Luck" late Wednesday, ending one of its highest-profile new shows following the deaths of horses during production. Sam Schechner has details on Lunch Break.
Categories: Business financial Tags: adobe, after-third, dow jones, entertainment, hbo, horse racing, movies, nick-nolte, wsj
Restaurants Take Action on No-Shows
As more people don't show up for their reservations, some high-end restaurants are taking action--from charging no-shows to shaming them on social media. Sumanthi Reddy has details on Lunch Break.
Categories: Business financial Tags: action, cooking, entertainment, financial news, pepsi, restaurant, restaurants, the wall street journal, wsj
Apple iCloud – Is Hollywood On Board?
WSJ's Sam Schechner has details of Apple's successes in lining up Hollywood movie studios to allow consumers to watch programming on its iCloud service.
Categories: Business financial Tags: adobe, apple tv, disney, entertainment, friendship, icloud, ipod, movies, science, technology
South-By-Southwest Festival Preview
South-By-Southwest (SXSW) is still a vital music festival for undiscovered bands. WSJ's rock and pop critic Jim Fusilli sits with Lee Hawkins to offer a preview of what he expects from this year's festival.
Categories: Business financial Tags: adobe, austin-license, close-upgrade, create-account, entertainment, festival, festival-austin, flash, flash-player, movies, upgrade-now
Non-Manufacturing ISM Prints At 57.3, Higher Than Expectations
In 2011 it was Europe's turn to baffle everyone with bullshit. it still is, but now it has added China (whose Services ISM printed both below and above 50 depending on which data one uses, whether Markit or HSBC), and the US, as it is now the turn of the Services ISM to beat expectations and print at 57.3, on expectations of 56.0, and higher than the prior 56.8 - this beat comes just as the market was expecting a major drop in the aftermath of the big manufacturing ISM miss (Goldman was well below the consensus on today's number), and appears to have printed where it did just to keep the confusion about the true state of the US economy in place as Bernanke vacillates whether or not to proceed with QE3 and when
Categories: News in finance Tags: brazilian, copper, credit, employment, entertainment, europe, german, investing, israel, market conditions, non-manufacturing ism, president
Co-Sharing Is Changing The Social Economy [Need To Know …
PSFK is following five trends during SXSWi, we chat with a catalyst in this area who says that co-sharing is based on the desire to exchange social capital, more so than money.
Categories: News in finance Tags: automotive, electronics, entertainment, events, fashion, finance, financial, innovation, inspiration, social-media
Bottom Line – Nasdaq tops 3000 for first time since 2000
By msnbc.com news services U.S. stocks were struggling Wednesday as traders cashed in after indexes hit multi-year highs on stronger-than-expected economic data. The Nasdaq topped 3000 for the first time since ..
Categories: News in finance Tags: business, careers, china, employment, entertainment, facebook, games, perception, real-estate, stumbleupon, traffic, weather