| | | Billionaire investor Ackman loses bitter ADP proxy battle | | | ROSELAND, N.J. (Reuters) - William Ackman got what Automatic Data Processing Inc's chief executive called an "ass-whipping" on Tuesday as the activist hedge fund manager lost an acrimonious fight to win seats on the payroll company's board. |
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| | | U.S. investors target 'buyback stocks' in bet on Trump tax plan | | | NEW YORK (Reuters) - Rather than waiting to see how the Republican tax bill will fare in Congress, some investors are already picking out gingerly technology, healthcare and consumer companies they expect to use potential tax savings to buy back more of their own stock. |
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| | | Trial of ex-NYC union head, Platinum Partners co-founder winds down | | | NEW YORK (Reuters) - The federal corruption trial of Norman Seabrook, the former head of New York City’s correction officers’ union, and Murray Huberfeld, a co-founder of defunct hedge fund Platinum Partners, came to a close on Tuesday, with arguments focusing on the credibility of prosecutors' star witness. |
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