The House Judiciary Committee in a bipartisan manner on Wednesday approved legislation amending the bankruptcy code for large financial institutions.
Botox maker Allergan said late Thursday it had approved consents delivered by activist investor Pershing Square Capital Management to hold a special shareholder meeting.
A council of regulators preliminarily designated Metlife as "systemically important," in a categorization that eventually will impose new liquidity and capital restrictions on the mega-insurer.
Two proxy advisory firms sent a split message to surgical device maker's shareholders about whether they should back a three-person dissident slate of candidates.
A strong e-mail exchange between the surgical device maker and activist Voce Capital indicate that an agreement before the vote may be tough to come by.
Activist investor Pershing Square Capital Management's efforts to push Allergan into accepting a hostile blockbuster bid by Valeant Pharmaceuticals International moves to the next stage.
Government doesn't accept bank's argument that it wasn't responsible for Merrill Lynch and Countrywide, two lenders it acquired during the financial crisis.
In a partial blow to Bob Evans Farms, proxy advisory firm Institutional Shareholder Services recommended that shareholders support four of eight dissident director nominees.
Highland Capital Management complained that a reported potential sale of satellite communications company Loral Space & Communications Canadian public pension funds didn't reflect the "intrinsic value" of the company.
A package of changes offered by Oplink Communications earlier this week including a strategic review of a key business unit weren't enough to mollify two dissident investors.