Vivendi Universal chairman-CEO Jean-Marie Messier apologized Wednesday for confusing investors, offered more detail on debt reduction and said he hopes to run the conglom for years to come.
Jean-Marie Messier emerged from an hours-long Vivendi Universal board meeting Tuesday evening with his CEO title and optimism intact -- but without a key ally.
Vivendi Universal shares tanked Monday after a muddled asset sale further eroded investor confidence ahead of a regularly scheduled board meeting in Paris today.
With Vivendi Universal's shareprice even further depressed and a board of directors meeting scheduled in Paris Tuesday, CEO and chairman Jean-Marie Messier has implimented the second step in his plan…
Vivendi Universal startled financial markets Friday by parking a 12.7% stake in Vivendi Environment with Deutsche Bank after announcing plans several days earlier to definitively unload a big chunk…
Vivendi Universal announced plans Monday to reduce its stake in Vivendi Environment by more than 20%, allowing the highly leveraged French conglom to transfer $13.2 billion in debt off its books.
Minority shareholders of Vivendi Universal asked a Paris judge Friday to investigate the conglom's financial disclosure over the past two years. Separately, the company hired outside lawyers in New…
Andrea R. Vaucher: Eurotrack
Vivendi Universal has filed a €1 million ($944,000) libel suit against French daily Le Monde for a front-page story claiming the media and utility conglom experienced a cash crunch and nearly…
Vivendi Universal and Canal Plus sold their hemorrhaging Italian pay TV platform Telepiu to Rupert Murdoch's News Corp. on Saturday in a transaction worth $1.4 billion.
Shares of Vivendi Universal rebounded Friday after taking a drubbing a day earlier as investors worried that a midweek executive meeting produced few concrete plans for reducing the French media…