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英市場調査会社テイラー・ネルソン・ソフレス、WPPの買収提案を拒否
Taylor Nelson Sofres Rejects WPP Offer (WSJ.com)
LONDON -- Market research and information group Taylor Nelson Sofres PLC Wednesday rejected WPP Group PLC's hostile bid and said it had terminated merger plans with German peer GfK AG, which is now mulling a counterbid.
"The board has unanimously rejected the offer which substantially undervalues TNS. Shareholders should take no action and should not complete any form of acceptance in connection with WPP's offer," said TNS Chairman Donald Brydon in a statement.
GfK meanwhile ...
market research and information group: 市場調査会社
to terminate a merger plan with: ～との合併計画を打ち切る
米軍の次期給油機契約、国防長官「ノースロップ案とボーイング案を再選考」
Air Force Reopens Tanker Contract (WSJ.com)
Defense Secretary Robert Gates said Wednesday that the Pentagon will hold a new, fast-track competition to replace the U.S. Air Force's fleet of aging aerial refueling tankers, overturning a previous competition won by Northrop Grumman Corp. that had been declared unfair by a government watchdog agency.
The winner will be chosen by the end of the year, Mr. Gates said.
In late June, the Government Accountability Office issued a report that found multiple faults with the Air Force's decision to award the $40-billion contract to Northrop over a competing proposal from Boeing Co. Northrop's bid was also controversial because it ...
fast-track: 迅速な
aerial refueling tanker: 給油機
to find a fault with: ～の問題点を発見する
米盗聴法改正案、上院を通過 政府監視プログラムの後ろ盾に
Wiretapping Overhaul Advances (WSJ.com)
WASHINGTON -- The U.S. Senate Wednesday voted to approve final passage of legislation overhauling the Foreign Intelligence Surveillance Act, ending one of the most hotly disputed issues in the current session of Congress.
The bill would renew the legal backing for the federal government's warrantless surveillance program, allowing the National Security Agency to listen in to Americans' phone calls to people abroad and read emails sent to people overseas.
It would also provide effective legal immunity for the telephone companies who agreed to government requests to access their customers' phones and emails.
to overhaul: ～を改正する
Foreign Intelligence Surveillance Act: FISA、外国諜報活動偵察法
to provide legal immunity for: ～を免責する
米ウェブ広告規制、FTC「新プライバシー法は必要ない」
FTC Says No New Privacy Laws Are Needed for Web Advertising (WSJ.com)
WASHINGTON -- A Federal Trade Commission official said Wednesday that new privacy regulations aren't necessary for Internet companies that track users' activity in order to serve up relevant advertisements.
Major Internet companies, however, are calling for a new privacy law.
"Although there is more work to be done in this area, the [Federal Trade] Commission is cautiously optimistic that the privacy issues raised by online behavioral advertising can be effectively addressed through meaningful, enforceable self regulation," FTC Bureau of Consumer Protection Director Lydia Parnes said at a hearing before the Senate Commerce Committee.
Federal Trade Commission: FTC、連邦取引委員会
in order to do: ～するために
to serve up: ～を表示する
ユーロ、外貨準備高に占める割合が低下
Euro's Popularity Slips Among Currency Reserves (WSJ.com)
FRANKFURT -- The euro's share of global foreign-exchange reserves fell last year, the European Central Bank said Wednesday in a report that could damp speculation that the dollar is losing its status as the world's dominant reserve currency.
The euro remains solidly in second place behind the dollar in global foreign-exchange reserves but fell by about one percentage point to 26.5% in December 2007 from December 2006, the ECB said. One reason: As the dollar's value declined, Asian, Latin American and oil-producing countries that peg their currencies ...
foreign-exchange reserve: 外貨準備高
to damp speculation that: （that以下）という憶測を排する
米衣料チェーンのスティーブ＆バリーズ、会社更生法に基づく破産保護を申請
Steve & Barry's Files for Chapter 11, Cites Liquidity Squeeze, Economy (WSJ.com)
Fast-growing retailer Steve & Barry's LLC, as expected, filed for Chapter 11 bankruptcy protection as the company blamed a liquidity squeeze for its failing fortunes.
The chain's 276 stores remain open, with gift card, store credits and return policies continuing as is. But 172 corporate and field jobs are being cut, just 1% of the work force. The bankruptcy, if stores are ultimately closed, stands to hurt everyone from Sarah Jessica Parker to the nation's struggling mall owners.
...
to file for Chapter 11 bankruptcy protection: チャプターイレブンに基づく破産保護を申請する
liquidity squeeze: 資金繰りの悪化
アブダビ政府系ファンド、NYクライスラー・ビル所有権90％を買収
Abu Dhabi Fund Buys Stake In New York's Chrysler Building (WSJ.com)
The Abu Dhabi Investment Council will take a 90% stake in the tower's ownership for $800 million, according to people familiar with the matter. Tishman Speyer Properties, a New York landlord will retain the remaining ownership piece and will manage the property.
The sale, which was reported in Wednesday's New York Post, comes at a tumultuous time in commercial real estate. The credit crunch has slowed sales of property to a crawl. One bright spot for sellers has been interest from foreign sources of capital, especially oil-rich countries. Funds from Kuwait and Qatar helped finance Boston Properties' purchase of the coveted General Motors Building and three other New York skyscrapers last month from Macklowe Properties.
Abu Dhabi's price for 90% of the tower would value the building at about $890 million, or 742 a square foot. It contains roughly 1.2 million square feet of office and retail space. The Cooper Union, an arts and design school continues to own the land underneath the tower, which it rents to the owners under a long term land lease, a common feature of New York real estate ownership. ADIC's negotiations to buy the stake were reported earlier. But those reports said that ADIC was likely to pay $800 million for a 75% stake, not a 90% stake.
to take a 90% stake in the tower's ownership: 高層ビル所有権の90％を買収する
at a tumultuous time: 激動期に
米ノースウエスト、燃料高騰対策 人員削減と追加料金徴収
Northwest Plans Job Cuts, Fees To Counter Mounting Fuel Costs (WSJ.com)
Facing fuel costs that have more than doubled in the past year, Northwest Airlines Corp. announced plans to cut its work force by 8.3%, charge fees for the first checked bag and frequent-flier award tickets, and raise fees for ticket changes.
The moves -- which follows plans announced by Northwest last month to cut capacity late this year by 8.5% to 9.5% -- mark the latest step by an airline to cut costs and pass some on to customers as fuel costs continue to rise.
The precipitous and seemingly unwavering climb in the costs of jet fuel ...
frequent-flier award ticket: フリークエント・フライヤー用割引航空券
precipitous and seemingly unwavering climb in: ～の急速で確実視されている上昇
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