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Medivation agrees to open its books to Sanofi

July 6, 2016 by · Leave a Comment 

San Francisco-based Medivation shares jumped as much as 4.2 percent after Reuters first reported that Medivation and Sanofi were in talks over a confidentiality pact, adding to similar agreements Medivation has with Pfizer Inc and Celgene Corp , which have also expressed interest in an acquisition. The move comes after Medivation rejected Sanofi's $9.3 billion offer in April, prompting Sanofi to embark on a campaign to convince Medivation shareholders to oust Medivation's

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Medivation agrees to open its books to Sanofi

francisco-based

Auction for Warren Buffett charity lunch starts slow

June 6, 2016 by · Leave a Comment 

The annual charity auction for a private lunch with billionaire investor Warren Buffett is underway. The top bid to dine with the chairman of the conglomerate Berkshire Hathaway Inc was $200,100 at 12 p.m. EDT (1600 GMT) on Monday

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Auction for Warren Buffett charity lunch starts slow

francisco-based

Supreme Court rejects Google appeal in class action dispute

June 6, 2016 by · Leave a Comment 

By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday rejected Google Inc's bid to throw out a class action lawsuit involving claims that the company deceived California advertisers about the placement of Internet ads through its Adwords service. The court's decision not …

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Supreme Court rejects Google appeal in class action dispute

francisco-based

Citigroup, Wells Fargo gird for loan losses as oil price dives

January 17, 2016 by · Leave a Comment 

Wells Fargo & Co raised provisions against soured assets by more than 70 percent, nearly half of them for oil and gas loans, to ensure it is covered should prices stay at current levels for the rest of the year. The San Francisco-based bank, a major lender to the U.S. energy industry, said it and other banks were talking to borrowers, including production companies and oil services firms, about how to navigate the crunch. Citigroup Inc set aside $250 million to cover losses related to its energy portfolio …

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Citigroup, Wells Fargo gird for loan losses as oil price dives