Stocks
Staples, Inc. Increases Offer Price per Corporate Express Preference Share A to EUR 3.60
FRAMINGHAM, Mass., June 25, 2008 -- Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., are pleased to announce the increase to EUR 3.60 of the all cash offer price per share for all the issued and outstanding depositary receipts of Preference Shares A in the share capital of Corporate Express N.V. with a nominal value of EUR 1.20 each ("Preference Shares A") under the offer made by Staples Acquisition B.V. on May 19, 2008 for certain securities issued by Corporate Express N.V. (the "Offer").
The Offer is further described in the Offer Memorandum of May 19, 2008 and is subject to the amendments in the press announcements of June 3, 2008 and June 11, 2008. » read more »
Yahoo! Letter to Stockholders
SUNNYVALE, Calif., Jun 25, 2008 -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today sent the following letter to all stockholders from Chairman Roy Bostock and CEO Jerry Yang.
June 25, 2008
Dear Fellow Stockholders:
We are writing to update you on the latest developments here at Yahoo!, including our recently announced commercial agreement with Google and the outcome of our discussions with Microsoft regarding a potential transaction. » read more »
Senate Permanent Subcommittee on Investigations Releases Data on $61 Billion Stock Option Book-Tax Gap
New Data Shows Continued Outsized Tax Deductions Compared To Booked Expenses
April 21, 2008 -- WASHINGTON – Today, Senator Carl Levin, D-Mich., Chairman of the Senate’s Permanent Subcommittee on Investigations, released new data compiled by the Internal Revenue Service (IRS) showing that corporations who issued stock options to their executives claimed 2005 stock option tax deductions that were collectively $61 billion larger than the expenses shown on the company books for options granted during the tax year covered by the returns.
100 Wall Street: Photo by Scott Miller (CC) » read more »
Chevron Announces $15 Billion Share Repurchase Program
SAN RAMON, Calif., Sep. 26, 2007 -- Chevron Corporation (NYSE: CVX) announced today that its Board of Directors approved a program to acquire up to $15 billion of the company's common stock over a period of up to three years. This program follows three stock repurchase programs of $5 billion each that were completed in 2005, 2006 and September 2007. » read more »
CBS Corporation Increases Quarterly Dividend by 14%, Announces $1.6 Billion Stock Repurchase Program
09.04.2007 -- CBS Corporation (NYSE: CBS and CBS.A) today announced that its Board of Directors has authorized an increase in the quarterly dividend by 14% from 22 to 25 cents per share. The dividend is payable on October 1, 2007 to stockholders of record as of September 14, 2007.
In addition, the Board has approved a $1.6 billion stock repurchase program which the Company will implement via an accelerated share repurchase transaction. » read more »
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