Bold Orange Cufflinks - Online
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“From there, it is my hope that senators will follow suit with the House to modernize our capital markets, bring (initial public offerings) back to the U.S. and help our entrepreneurs access investors and equity capital which will bring economic growth for all Americans,” Hensarling said. The JOBS and Investor Confidence Act of 2018, which aims to cut red tape for listed companies and make it easier for private companies to raise capital, passed the House in July with overwhelming bipartisan support.
To get the House to pass a bill easing bank rules, McConnell promised House finance chair he would put a Hensarling-sponsored capital markets bill to a vote on the Senate floor, The deal was struck in response to Hensarling’s complaint the bank bill did not go far enough, McConnell did not say, however, when he would hold the vote and so far moderate Senate Democrats, whose votes are needed to pass the package, have failed to publicly back the bill, Time is running out for the Senate, narrowly controlled by Republicans, to hold a vote this Congress, bold orange cufflinks with congressional elections on Nov, 6 and the remaining Senate floor time - known on Capitol Hill as the “lame duck” session - likely to be devoted primarily to confirming nominees..
U.S. Representative Patrick McHenry, the House Republican deputy whip, told Reuters on Tuesday there had so far been no progress in the Senate and he did not have “high hopes” that the upper chamber would pass the bill. On Thursday, however, AshLee Strong, a spokeswoman for speaker of the House Paul Ryan, rebuffed this view. “The House passed the JOBS Act 3.0 with a huge bipartisan margin, and there’s no reason the Senate shouldn’t pass this job-creating bill in the lame duck session,” she told Reuters.
(Reuters) - Activist investor Carl Icahn sued Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock DVMT.N, Icahn, who owns 9.3 percent of Dell, called the proposed deal a “conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders”, Dell said in July it would pay $21.7 billion bold orange cufflinks in cash and stock to buy back shares tied to its interest in software company VMware Inc (VMW.N), returning it to the stock market without an initial public offering..
Icahn and other hedge fund investors have resisted the plan, saying the proposed deal massively undervalues the tracking stock. “We believe this is a threat blatantly deployed in an attempt to coerce DVMT stockholders to vote in favor of the merger, or else risk the unknown consequences of the forced IPO conversion,” Icahn said on Thursday. Dell will hold a shareholder meeting on Dec. 11 to vote on the deal. A Dell spokesman said Icahn’s allegations were “unfounded”, adding that the company would file a response later in the day.
Icahn is no stranger to lawsuits, He sued AmTrust Financial Services AFSI.O earlier this year over its go-private plans, The investor also turned legal arguments against Dell in the past, having alleged that bold orange cufflinks Michael Dell and Silver Lake undervalued the company’s go-private deal several years ago, Icahn, along with investor Darwin Deason, also urged Xerox Corp (XRX.N) shareholders earlier this year to oppose a sale to Japan’s Fujifilm Holdings (4901.T), Carl Icahn did not immediately respond to request for comment..
(Reuters) - TV broadcaster and media company CBS Corp (CBS.N) beat analysts’ estimates for third-quarter revenue and profit on Thursday, boosted by strong advertising sales and higher digital subscriptions. CBS, home to popular shows such as the “Big Bang Theory,” and “NCIS”, said advertising revenue during the reported quarter rose 14.2 percent to $1.26 billion. “We are confident that our strategy of growing CBS’ leadership position as a global multi-platform premium content company will lead to even greater creative and financial heights in the years to come,” said Joe Ianniello, interim Chief Executive Officer of CBS.
The New York-based company’s results is its first report card since Chief Executive Officer Leslie Moonves resigned amid allegations of sexual assault and harassment, At stake is $120 million in severance payments owed to Moonves if bold orange cufflinks the investigation proves Moonves did not leave the company for cause, The investigation and a board review of the findings is due by Jan, 31, 2019, Former Chief Operating Officer Ianniello replaced Moonves as interim CEO while the company moves quickly to search for a replacement, Ianniello is in the running, sources have told Reuters..