Sony CEO tells shareholders revival plan will work
TOKYO (Reuters) - Sony Corp's new CEO, Kazuo Hirai, on Wednesday defended retaining his predecessor, Howard Stringer, as chairman of the board and promised his turnaround strategy will save Japan's troubled consumer electronics giant.
LONDON (Reuters) - Commodities trader Glencore , scrambling to save its $30 billion offer for miner Xstrata , is expected to sweeten its bid in order to seal the deal, after key shareholder Qatar said it could oppose the takeover on current terms.
Exclusive: Dell bids $2.32 billion for Quest Software: source
(Reuters) - Quest Software Inc has received an improved bid from Dell Inc to buy the maker of enterprise management software for about $2.32 billion, a source close to the matter said on Monday.
Chesapeake, Encana shares fall on report of land price plot
(Reuters) - Shares of Chesapeake Energy Corp and Encana Corp tumbled Monday after a Reuters investigation showed that top executives of the two rivals plotted in 2010 to avoid bidding against each other in a state auction and in at least nine prospective deals with private land owners.