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    1. Visa Inc. Appoints Denise M. Morrison to its Board of Directors

      Visa Inc. Appoints Denise M. Morrison to its Board of Directors

      SAN FRANCISCO  --   Visa Inc. (NYSE: V) announced today that its board of directors has appointed Denise M. Morrison as a new independent director, effective August 2, 2018. Ms. Morrison was chief executive officer of Campbell Soup Company from 2011 until her retirement in 2018. Ms. Morrison has a distinguished background of building strong businesses and growing iconic brands. She has an extensive background in sales, marketing, operations, and business development, and served in senior leadership roles at Kraft Foods, Inc., Nabisco, Inc., and Nestlé SA prior to joining Campbell Soup. Ms. Morrison also serves on the board of directors of ...

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    2. Rite Aid and Albertsons Have Called Off Their $24 Billion Merger

      Rite Aid and Albertsons Have Called Off Their $24 Billion Merger
      • Pharmacy chain Rite Aid and grocer Alberstons have called off their $24 billion merger shortly after a shareholder advisory firm opposed the deal.
      • The U.S. grocer had hoped that the deal, which was seen as part of a wave of consolidation in the drug retailing sector, would help Albertsons become a formidable competitor to CVS Health and Walgreens.
      • Rite Aid fell as much as 11% Thursday morning on the news...
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    3. Video of Redstone Patriarch to be Reviewed in CBS Legal Battle

      Video of Redstone Patriarch to be Reviewed in CBS Legal Battle

      NEW YORK (Reuters) - A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp, can be reviewed in the U.S. broadcast and media company's legal battle against the family, a Delaware judge ruled on Wednesday. Redstone, however, will not be required to give testimony, the judge decided...

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    4. Wynn CEO Matt Maddox, Richard Byrne Join Company Board

      Wynn CEO Matt Maddox, Richard Byrne Join Company Board

      Matt Maddox, the newly appointed CEO of Wynn Resorts Ltd., during an interview with Review-Journal reporter Rick Velotta on Monday, Feb. 19, 2018. Richard Brian Las Vegas Review-Journal @vegasphotograph Wynn Resorts Ltd. has named CEO Matt Maddox and former Wall Street banker Richard Byrne to the board a day after the company announced it reached a truce with its largest shareholder, Elaine Wynn...

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      Mentions: CEO SEC Twitter
    5. Delta Apparel Appoints New Member to Board of Directors

      Delta Apparel Appoints New Member to Board of Directors

      (GLOBE NEWSWIRE) -- Delta Apparel, Inc. (NYSE American: DLA), a leading provider of basic and branded apparel, headwear and related accessories, announces the appointment of Anita D. Britt to its Board of Directors. Ms. Britt brings to the Delta Apparel Board of Directors approximately 24 years of financial and related operational experience in the apparel and consumer products industries...

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    6. Cigna’s Express Scripts Deal Could Lead to Higher Prices for Consumers

      Cigna’s Express Scripts Deal Could Lead to Higher Prices for Consumers

      In an open letter released Tuesday, Carl Icahn has taken issue with Cigna’s planned acquisition of pharmacy-benefits manager Express Scripts Holding Company. The billionaire activist shareholder called the price tag “ridiculous.” But critics say consumers could also end up overpaying if the deal goes through. Cigna CI, +0.97% announced in March that it planned to purchase Express Scripts ESRX, +1.69% for $54 billion in cash and stock. The deal has a total transaction value of $67 billion...

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      Mentions: CEO Carl Icahn Amazon
    7. Why Glencore Plc’s (LON:GLEN) Investor Composition Impacts Your Returns

      Why Glencore Plc’s (LON:GLEN) Investor Composition Impacts Your Returns

      I am going to take a deep dive into Glencore Plc’s ( LON:GLEN ) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. Since the same amount of capital coming from an activist institution and a passive mutual fund has different implications on corporate governance, it is a useful exercise to deconstruct GLEN’s shareholder registry...

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    8. Patty Arvielo Appointed to the National Park Foundation Board of Directors

      Patty Arvielo Appointed to the National Park Foundation Board of Directors

      /PRNewswire/ -- New American Funding, a leader in the mortgage industry, announced today that its Co-Founder and President, Patty Arvielo , has been named to the Board of Directors of the National Park Foundation. Arvielo was appointed to a 6-year term as one of its new board members. The appointment comes from the Secretary of the U.S. Department of the Interior, Ryan Zinke...

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    9. Morgan Stanley: Big banks like JPMorgan have huge 'key man' risk

      Morgan Stanley: Big banks like JPMorgan have huge 'key man' risk
      • Morgan Stanley analysed "key man" risk, looking at the damage that might be done if an influential CEO suddenly steps down.
      • Asset managers, software companies, and large-cap banks have the highest risk, according to the study.
      • The possible departure of JPMorgan CEO Jamie Dimon was highlighted as significant key man risk in the banking sector.

      Big banks and software companies are among the most exposed to "key man" risk, according to a recent note from Morgan Stanley...

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      Mentions: Management CEO CFO
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