Barington Capital to Start a Proxy Fight at Retailer Chico's

Chico's faces the prospect of a proxy fight at its upcoming annual meeting, according to people familiar with the situation.

 
Polycom Receives Revised Offer From Second Potential Buyer

Polycom Inc., which had agreed to be bought out by Canadian telecommunications company Mitel Networks Corp., on Monday disclosed a revised offer from a second buyer that could derail the nearly $2 billion Mitel deal.

 
J.P. Morgan Private Bank Lays Off Nearly 100 Employees

J.P. Morgan's private bank announced internally another round of layoffs affecting nearly 100 employees across a range of positions and locations.

 
Moody's Cuts Credit Ratings on Deutsche Bank

Moody's downgraded Deutsche Bank's credit ratings, citing the bank's challenges in overhauling operations.

 
DuPont, Dow Chemical Detail Post-Merger Executive Roles

DuPont and Dow Chemical Co. provided more details about plans for the leadership team following the planned merger of the chemical giants, including leadership for the three businesses that eventually would be split off.

 
Samsung Targets U.S. Drug Market With Remicade Knockoff

Samsung Group said its near-replica of Johnson & Johnson's blockbuster arthritis drug Remicade has been accepted for review by the U.S. Food and Drug Administration.

 
Comcast Sued by Viamedia for Monopolization of 'Spot' Cable Ad Sales Market

Viamedia Inc. has filed a lawsuit against Comcast Corp., alleging that the cable giant violated antitrust law through its business practices in the $5 billion local cable advertising-sales market.

 
PDVSA Offers Debt Exchange to Service Providers

Venezuela's cash-strapped state oil company is offering service providers a debt exchange, proposing to swap $2.5 billion worth of debt for dollar bonds, according to two contractors who were offered the deal and documents reviewed by the Wall Street Journal.

 
French Look at Online Ad Dominance of Google, Facebook

France's competition authority on Monday opened an inquiry into possible antitrust issues in the online-advertising market, saying it will examine the market power of Facebook Inc. and Alphabet Inc.'s Google.

(END) Dow Jones Newswires

May 24, 2016 03:01 ET (07:01 GMT)

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