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    1. Hercules Technology Growth (HTGC) Appoints Carol L. Foster to Boar

      Hercules Technology Growth (HTGC) Appoints Carol L. Foster to Boar

      Hercules Capital, Inc. (NYSE: HTGC) today announced that Carol L. Foster was appointed to serve as a member of its board of directors, effective January 11, 2019. Ms. Foster is a seasoned financial executive with more than 30 years of investment banking and operational financial management experience...

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    2. Cracker Barrel (CBRL) Announces Carl Berquist to Board

      Cracker Barrel (CBRL) Announces Carl Berquist to Board

      Cracker Barrel Old Country Store® (NASDAQ: CBRL) today announced that Carl Berquist has been elected to the company's Board of Directors, effective immediately. Mr. Berquist is the former Executive Vice President and Chief Financial Officer of Marriott International, Inc., a position from which he retired in December 2015...

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    3. Sears Avoids Liquidation as Eddie Lampert Wins Bankruptcy Auction

      Sears Avoids Liquidation as Eddie Lampert Wins Bankruptcy Auction
      • Sears chairman Eddie Lampert has reportedly won a bankruptcy auction to keep the 126-year-old retailer from liquidating.
      • Lampert's bid will keep about 400 stores open and retain 50,000 jobs.
      • "While there is no doubt that a shrunken Sears will be more viable than the larger entity which struggled to turn a profit, we remain extremely pessimistic about the chain's future," said Neil Saunders, CEO of GlobalData Retail...
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    4. A $57 Million Pay Dispute Sees Andrea Orcel get Dumped as New Santander CEO Before Even Getting Started

      A $57 Million Pay Dispute Sees Andrea Orcel get Dumped as New Santander CEO Before Even Getting Started
      • Santander said late on Tuesday that it will no longer be appointing UBS executive Andrea Orcel as its new CEO.
      • The Spanish banking giant said that the level of compensation that was required to hire Orcel was "unacceptable."
      • The sticking point in bringing Orcel to Santander was years of compensation that had previously been deferred by UBS, which, owing to his departure, the Swiss bank was reluctant to pay...
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    5. Going Public? For Uber, Lyft and Others, Shutdown Slows IPOs

      Going Public? For Uber, Lyft and Others, Shutdown Slows IPOs

      WASHINGTON (AP) — The partial government shutdown is slowing plans by some companies to issue stock to the public and potentially cutting off a key source of capital for the financial markets. The shutdown, now in its fourth week, has all but darkened the Securities and Exchange Commission, the government agency that oversees the markets. Most of the SEC's 4,400-person staff is furloughed, including lawyers and other staffers who must approve corporate paperwork for initial public offerings...

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      Mentions: Investors SEC Uber
    6. Chairman Leaves JAB Without a Rose

      Chairman Leaves JAB Without a Rose

      It’s not quite Page Six material, but the surprise exit of JAB Holdings Chairman Bart Becht yesterday shows things at the takeover-hungry company aren’t exactly simpatico.

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    7. Luby’s, Inc. Comments on Report from ISS

      Luby’s, Inc. Comments on Report from ISS

      HOUSTON --(BUSINESS WIRE)--Jan. 14, 2019-- Luby’s, Inc. (NYSE:LUB) (“Luby’s” or the “Company”) today commented on a report by proxy voting advisory firm Institutional Shareholder Services (“ISS”) regarding the election of directors to Luby’s Board of Directors at the upcoming 2019 Annual Meeting of Shareholders scheduled for January 25, 2019 . In the report, ISS acknowledged positive developments from Luby’s turnaround plan 1 : “The board indicates ...

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    8. Wells Fargo has Splurged on Stock Buybacks Since Fake-Accounts Scandal

      Wells Fargo has Splurged on Stock Buybacks Since Fake-Accounts Scandal

      Wells Fargo's deposits and loans are under pressure from two years of scandal. It's cutting up to 26,500 jobs and shutting hundreds of branches. And the bank's stock price has trailed the rest of the market. Despite those challenges — or perhaps because of them — Wells Fargo ( WFC ) has lavished shareholders with aggressive share buybacks. Wells Fargo shelled out $7.4 billion to repurchase its stock in the third quarter, nearly triple what it spent the year before...

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    9. In its Search for a CEO, Intel Still Hasn't Found What it's Looking For

      In its Search for a CEO, Intel Still Hasn't Found What it's Looking For

      Intel Corp. has been trying to fill the most prominent role in the $400-billion chip industry for more than six months. The company’s board still hasn’t found what it’s looking for. Intel directors have ruled out some candidates for the vacant chief executive officer post, passed up obvious ones, been rejected by some and decided to go back and re-interview others, extending the search, according to people familiar with the process...

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    10. Some of the Biggest Names in the Hedge-Fund Industry May Have Gotten Whacked by Betting on PG&E at Exactly the Wrong Time

      Some of the Biggest Names in the Hedge-Fund Industry May Have Gotten Whacked by Betting on PG&E at Exactly the Wrong Time
      • Pacific Gas and Electric Company, California's biggest utility provider, has seen its value plunge by 80% after last November's deadly California wildfire.
      • The utility on Monday said it intends to file bankruptcy petitions at the end of the month to reorganize under Chapter 11.
      • Eight hedge funds snapped up shares in the third quarter — before the wildfire broke out...
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    11. Henry Schein and Vets First Choice Announce Board of Directors for Covetrus

      Henry Schein and Vets First Choice Announce Board of Directors for Covetrus

      ( BUSINESS WIRE )-- Henry Schein, Inc. (Nasdaq: HSIC) and Vets First Choice today announced their designees who will comprise the 11-member board of directors for Covetrus, the new standalone public company that will result from the planned spin-off of the Henry Schein Animal Health business and the subsequent merger with Vets First Choice...

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    12. Activist Hedge Fund Starboard Value is Looking at MGM

      Activist Hedge Fund Starboard Value is Looking at MGM

      Activist Hedge Fund Starboard Value is Looking at MGM The stock rallied after the announcement last Thursday By Ken Trester , Editor, Power Options Weekly To receive further updates on this MGM Resorts International (NYSE: MGM ) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of Power Options Weekly today . This morning I am recommending ...

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    13. Ashland Announces Significant Board Refreshment and Board Leadership Changes to Support Continued Execution of Strategic Plan

      Ashland Announces Significant Board Refreshment and Board Leadership Changes to Support Continued Execution of Strategic Plan

      (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced significant changes to the composition and leadership of its board of directors, consistent with its ongoing board refreshment program. These include the addition of two new independent board members, appointment of a lead independent director and appointment of new board committee chairs ...

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