Saturday, June 12, 2010
Disney hotel workers walked off the job
More than 200 Disney hotel workers walked off the job Friday in a one-day strike that is the latest in a series of job actions at the Anaheim resort.
Representing the striking workers is Local 11 of the Unite Here union, which negotiates on behalf of some 2,100 Disney employees who have been without a contract for more than two years.
Local 11, known for its activist stance, has staged numerous public protests in a bid to pressure publicity-conscious Disney on contract negotiations.
Read More:
Representing the striking workers is Local 11 of the Unite Here union, which negotiates on behalf of some 2,100 Disney employees who have been without a contract for more than two years.
Local 11, known for its activist stance, has staged numerous public protests in a bid to pressure publicity-conscious Disney on contract negotiations.
Read More:
Club Med Shares Surge on Summer Bookings, First-Half Profit
June 11 (Bloomberg) -- Club Mediterranee SA surged in Paris trading after the resort operator said bookings rose 18 percent in the last eight weeks and reported a first-half profit.
The shares advanced as much as 1.05 euros, or 9.1 percent, to 12.57 euros, the steepest intraday gain since Sept. 25.
Read More:
The shares advanced as much as 1.05 euros, or 9.1 percent, to 12.57 euros, the steepest intraday gain since Sept. 25.
Read More:
Wendy’s/Arby’s a takeover target
ATLANTA (June 11, 2010) Wendy’s/Arby’s Group Inc. chairman Nelson Peltz disclosed Thursday he received an inquiry expressing interest in the acquisition of the fast-food company, according to documents filed with the U.S. Securities and Exchange Commission.
In the filing, Peltz indicated he is considering the matter, which was made by an unnamed third party, and would review his options as well as alternatives with regard to the possible acquisition of the company. Peltz’s Trian Fund Management LP, which owns about 23.5 percent of Wendy’s/Arby’s Group, is the company’s largest shareholder.
Read More:
In the filing, Peltz indicated he is considering the matter, which was made by an unnamed third party, and would review his options as well as alternatives with regard to the possible acquisition of the company. Peltz’s Trian Fund Management LP, which owns about 23.5 percent of Wendy’s/Arby’s Group, is the company’s largest shareholder.
Read More:
