1. All Articles

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    1. Home Depot Names Helena Foulkes to its Board of Directors

      Home Depot Names Helena Foulkes to its Board of Directors

      The Home Depot(R) , the world's largest home improvement retailer, today announced the appointment of Helena B. Foulkes, 49, to the Company's board of directors. Foulkes will be a member of the Finance and Leadership Development & Compensation Committees. Her appointment gives the Company 11 directors, 10 of whom are independent...

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    2. Northgrop Gruman Elects William Hernandez to its Board of Directors

      Northgrop Gruman Elects William Hernandez to its Board of Directors

      Northrop Grumman Corporation (NYSE: NOC) announced today that it has elected William H. Hernandez, retired senior vice president and chief financial officer of PPG Industries, Inc., to its board of directors. The addition of Hernandez increases Northrop Grumman's board of directors to 13 members, 12 of whom are nonemployee directors...

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    3. BlackBerry Says It Will Fire 4,500 Employees, Lost Nearly $1 Billion Last Quarter

      BlackBerry Says It Will Fire 4,500 Employees, Lost Nearly $1 Billion Last Quarter

      BlackBerry just announced that it plans to cut 4,500 jobs.

      It also said it only shipped 3.7 million smartphone last quarter, which is dismally low.

      The company pre-announced earnings, saying it had a net operating loss of $995 million in Q2 this year.

      BlackBerry says it will cut operating expenditures by 50% by 2015.

      It's also planning to refocus on enterprise customers instead of normal consumers. BlackBerry is cutting its smartphone lineup from six models to four models.

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    4. People's United Financial Names Nancy McCallister to Board of Directors

      People's United Financial Names Nancy McCallister to Board of Directors

      People's United Financial, Inc. (Nasdaq: PBCT), the holding company for People's United Bank, announced today that its Board of Directors approved an increase in the size of the Board of Directors to eleven members and appointed Nancy McAllister as a director to fill the vacancy created by that action...

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    5. Jamie Dimon as the Steven Cohen of Banking

      Jamie Dimon as the Steven Cohen of Banking

      Could Jamie Dimon possibly find himself joining Steven A. Cohen among the government's favorite Wall Street targets? Vanity Fair recently wondered whether embattled hedge funder Cohen is the government's White Whale, who eludes U.S. attorney Preet Bharara's monomaniacal pursuit of insider trading on Wall Street. Now, after JPMorgan , the largest bank in the U.S. by assets ...

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    6. Darden Shareholders' Vote Makes Ousting Directors Easier

      Darden Shareholders' Vote Makes Ousting Directors Easier

      A proposal making it easier to remove members of Darden Restaurants' board of directors won a majority vote of shareholders Wednesday.  The vote on the "proxy access" initiative at the company's annual shareholders' meeting was advisory only. Darden said afterward in an email it does not know when directors will decide whether to implement the proposal. The company, which had opposed the initiative, would not comment on the vote...

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    7. Advent Software Announces Changes to its Board of Directors

      Advent Software Announces Changes to its Board of Directors

      Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that Stephanie G. DiMarco has been named Chair of its Board of Directors, replacing John H. Scully, who resigned from the board, effective today. In addition, Wendell G. Van Auken has been named Lead Independent Director...

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    8. 8x8 Appoints Ian Potter to Board of Directors

      8x8 Appoints Ian Potter to Board of Directors

      8x8, Inc. (NASDAQ:EGHT), provider of innovative cloud communications and computing solutions, today announced the appointment of Ian Potter, an accomplished international business executive, to its Board of Directors, effective September 17, 2013. With his addition to the Board, Mr. Potter will become a member of the Compensation Committee.

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    9. Corporate Directors Forum Names NuVasive Board Member as Director of the Year

      Corporate Directors Forum Names NuVasive Board Member as Director of the Year

      NuVasive, Inc. (NASDAQ: NUVA), a medical device company focused on developing minimally disruptive surgical products and procedures for the spine, is proud to announce that the Corporate Directors Forum (CDF) named the Company's long-standing board member, Jack Blair, as Director of the Year for Corporate Governance at an awards ceremony on September 18(th) ...

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    10. Carl Icahn: Challenging the Imperial Boardroom

      Carl Icahn:  Challenging the Imperial Boardroom

      I'm no political scientist, but it doesn't take a genius to understand that voting is crucial to democracy. When things aren't going well, citizens can vote the leaders out. A lot of blood has been shed for these rights, and while democracy isn't perfect, to paraphrase Winston Churchill, it's far better than any other system of government...

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    11. Google’s Calico Could Pose a Conflict for Apple Chairman Arthur Levinson

      Google’s Calico Could Pose a Conflict for Apple Chairman Arthur Levinson

      Silicon Valley titans Apple and Google have always had a complicated relationship. Once close allies, the two companies have adopted an increasingly hostile posture toward each other as the battle for mobile device supremacy has escalated. But as recently as 2009, Apple and Google actually shared two prominent board members, including Google’s then-CEO Eric Schmidt. From 2006 until 2009, Schmidt ...

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