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Settlement talks between First United, Driver Management break down

BOSTON (Reuters) – Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist investor rejected the offer, two sources familiar with the matter said on Thursday. “Your ‘best ... More »

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Activist investor Driver Management presses anew for First United…

(Reuters) – Driver Management Company LLC, an activist investor focused on U.S. banks, renewed calls on Wednesday for First United Corp (FUNC.O), the holding company for Maryland community bank First United Bank & Trust, to sell itself. First United’s shares h... More »

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Trump defends Fox News host O`Reilly as `good person`

FILE PHOTO – Fox News Channel host Bill O’Reilly poses on the set of his show ”The O’Reilly Factor” in New York March 17, 2015. REUTERS/Brendan McDermid/File Photo U.S. President Donald Trump on Wednesday defended TV anchor Bill O’Reilly after a report that th... More »

Murdoch`s Twenty-First Century Fox bids $14 billion for UK`s Sky

The flag of the Twenty-First Century Fox Inc is seen waving at the company headquarters in the Manhattan borough in New York June 11, 2015. REUTERS/Eduardo Munoz/File Photo Rupert Murdoch’s Twenty-First Century Fox Inc (FOXA.O) has struck a preliminary deal to... More »

Apple fans hit the NYC flagship store for iPhone 7

The new iPhone 7 smartphone is displayed inside an Apple Inc. store in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson – The first Apple customers in New York City to snap the new iPhone 7 off the shelves cheered as they entered its f... More »

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21st Century Fox settles seminal lawsuit over unpaid internships

The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S., April 29, 2016. REUTERS/Brendan McDermid Two 21st Century Fox Inc units have settled class-action litigation by former interns who said they should have b... More »

YES network taps New York Yankees in campaign against Comcast

Twenty-First Century Fox Inc’s YES Network is looking to hit a home run with one of its most valuable assets in a fight with cable provider Comcast Corp: the New York Yankees. The sports regional network, which is 80 percent owned by Fox and 20 percent owned b... More »

Twenty-First Century Fox nominates ValueAct CEO to board

Twenty-First Century Fox Inc said it agreed to nominate ValueAct Capital Chief Executive Jeffrey Ubben for election to its board as long as the hedge fund maintains a stake of at least 5 percent in the film and TV company. ValueAct, which owns about 5.9 percen... More »

Fox, National Geographic expand partnership in $725 million deal

Twenty-First Century Fox Inc said it will expand its 18-year partnership of operating National Geographic TV channels to include the latter’s magazines and digital platforms, in a deal valued at $725 million. Fox will own 73 percent of the joint venture and th... More »

Fox lowers profit outlook, shares drop

Media company Twenty-First Century Fox Inc (FOXA.O) on Wednesday reduced its profit expectation for the coming year, citing foreign currency impacts, the timing of film releases, and sports and digital investments in India. Fox had projected earnings in the mi... More »