(Dec 14): Shares of India's Fortis Healthcare Ltd posted its biggest intraday fall in over 8½ months after a CNBC TV18 report said the country's top court put its sale to Malaysia's IHH Healthcare on hold.
Shares fell as much as 14.3% to 130 rupees, their lowest since Oct 30, in a heavy trading session where more than 15.9 million shares were traded by 0704 GMT, compared to their 30-day average of about 2 million shares.
As news breaks about CBS’s secret $9.5M settlement with Eliza Dushku over charges of sexual harassment, the network has offered some good news as counterprogramming.
CBS is reportedly allocating $20M from ousted CEO Les Moonves’ severance package to go to 18 organizations that fight against workplace sexual harassment. It’s all part of the network’s PR strategy to communicate the message: We now realize that sexual harassment, and covering it up or even aiding it internally, is Bad.
According to Variety, the organizations include: Catalyst; Collaborative Fund for Women’s Safety and Dignity (Rockefeller Philanthropy Advisors); Free the Bid; Freedom Forum Institute – Power Shift Project; Futures Without Violence; Girls for Gender Equity / “Me Too” Movement; International Women’s Media Foundation; National Women’s Law Center; New York Women’s Foundation; Press Forward; Producers Guild of America Foundation; RAINN; STRIVE International; Sundance Institute’s Momentum program; TIME’S UP Entertainment; TIME’S UP Legal Defense Fund; Women in Film Los Angeles; Women’s Media Center.
Whether Moonves stands to receive the remaining $100M of his severance remains to be seen.