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Exclusive: Hershey CEO Bilbrey prepares to step down – sources
October 14, 2016 by publisher · Leave a Comment
(Reuters) – The chief executive of Hershey Co , the chocolate company that Oreo cookie-maker Mondelez International Inc tried to acquire earlier this year, is preparing to step down by next summer, people familiar with the matter told Reuters on Thursday.
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Exclusive: Hershey CEO Bilbrey prepares to step down – sources
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Verizon says Yahoo hack ‘material,’ could affect deal
October 14, 2016 by creative · Leave a Comment
By David Shepardson WASHINGTON (Reuters) – Verizon Communications Inc said on Thursday it has a “reasonable basis” to believe Yahoo Inc's massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company. Verizon's general counsel Craig Silliman told reporters at a roundtable in Washington…
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Verizon says Yahoo hack ‘material,’ could affect deal
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Samsung expects another $3 billion hit to profit from Note 7 failure
October 14, 2016 by creative · Leave a Comment
Samsung Electronics Co Ltd on Friday said it expects to take a hit to its operating profit of about $3 billion over the next two quarters due to the discontinuation of its fire-prone Galaxy Note 7 smartphone. The outlook brings to more than $5 billion the total losses the global smartphone leader has forecast as a result of the overheating issues, after it said on Wednesday it would suffer a $2.3 …
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Samsung expects another $3 billion hit to profit from Note 7 failure