1. Articles in category: BoardNews

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    1. Chief Executive Opens the Door to GE Breakup

      Chief Executive Opens the Door to GE Breakup

      Could the sun finally be setting on the General Electric empire? Chief executive John Flannery on Tuesday raised the prospect of ending GE’s long life as one of the world’s best-known industrial conglomerates by floating the idea of spinning off one or more of its remaining three core businesses into separately traded companies. The breakup of the company born in Thomas Edison’s labs is one of the more radical ...

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      Mentions: Management CEO crisis
    2. NXP Shareholder Ramius to Reject Qualcomm's Buyout Offer

      NXP Shareholder Ramius to Reject Qualcomm's Buyout Offer

      (Reuters) - NXP Semiconductors NV ( NXPI.O ) shareholder Ramius Advisors LLC said on Tuesday it would reject chipmaker Qualcomm Inc’s ( QCOM.O ) $38 billion bid for the company, joining activist investor Elliott Management Corp. Ramius, which is an affiliate of Cowen Inc ( COWN.O ), said it had informed NXP that Qualcomm’s offer “dramatically” undervalued the company. The New York-based institutional asset manager owned about 2.5 million shares, or less than a one percent stake ...

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    3. GKN Faces Pressure from Activist Fund Elliott to Engage With Melrose

      GKN Faces Pressure from Activist Fund Elliott to Engage With Melrose

      LONDON (Reuters) - GKN ( GKN.L ) faces pressure to open takeover talks with suitor Melrose Industries ( MRON.L ) from U.S. activist investor Elliott, which disclosed a stake in the British engineering company just days after it rejected a 7 billion pound ($9.66 billion) bid. Elliott, a hedge fund with a track record of intervening in takeovers, said on Monday that it holds a 1.7 percent interest in GKN through contracts-for-difference (CfDs)...

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      Mentions: CEO Hedge Fund UK
    4. Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

      Citi to Raise Pay for Women and Minorities in U.S., UK, Germany

      (Reuters) - Citigroup Inc ( C.N ) will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday. Citi said it had conducted a survey in the three countries, where it found that women and minorities are paid slightly less than men and non-minorities, respectively...

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      Mentions: Citigroup UK Citi
    5. Amber Tamblyn Demands Disney Add Women Of Color To Board of Directors

      Amber Tamblyn Demands Disney Add Women Of Color To Board of Directors

      Amber Tamblyn is calling out Disney for its lack of diversity. 

      The 34-year-old actress took to Twitter on Sunday to publicly push The Walt Disney Company to add women of color to its board of directors. Disney has potential openings on its board, which is predominately white, according to The Wall Street Journal. Four members of the 12-person board are stepping down, and the company has already appointed two replacements to begin on Feb. 1 this year...

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    6. An Early Stage Startup Investor Made its Term Sheet Public to Increase Transparency in Tech Investment

      An Early Stage Startup Investor Made its Term Sheet Public to Increase Transparency in Tech Investment

      Forward Partners

      • British venture capital firm Forward Partners has published a detailed pre-seed term sheet.
      • The public term sheet means founders can learn what to expect from a funding deal.

      Early stage startup investor Forward Partners has published its pre-seed term sheet, giving entrepreneurs a detailed look at what they can expect from a funding deal.

      You can see the term sheet below...

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      Mentions: Investment IPO UK
    7. Thyssenkrupp Shareholder Criticises CEO, Demands Restructuring

      Thyssenkrupp Shareholder Criticises CEO, Demands Restructuring

      Thyssenkrupp shareholder criticises CEO, demands restructuring * Activist investor hits out ahead of AGM * Cevian controls 18 percent of German industrial group * CEO expected to defend record - Spiegel cites sources (Adds detail from Spiegel article) FRANKFURT, Jan 13 (Reuters) - A major shareholder in Thyssenkrupp has criticised Chief Executive Heinrich Hiesinger for failing to achieve his own profit targets, raising tensions before the German industry group's annual meeting next Friday...

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    8. Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety

      Apple Didn't Know That Activist Investors Wanted it it Take on Child Safety
      • Apple didn't know that two of its biggest investors, Jana Partners and the California State Teachers’ Retirement System, wanted it to take a bigger role in children safety.
      • Apple was given a heads-up call shortly before the investors publicly released a letter calling for changes, but the letter wasn't the result of previous talks or suggestions made privately to Apple...
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    9. Disney's Video Streaming Plans Mean Twitter's Jack Dorsey and Facebook's Sheryl Sandberg Have to Leave its Board

      Disney's Video Streaming Plans Mean Twitter's Jack Dorsey and Facebook's Sheryl Sandberg Have to Leave its Board

      The CEO of Twitter and COO of Facebook are leaving Disney's board due to conflicts of interest, as Disney gears up to launch a digital streaming service to rival Netflix.

      On Friday, the entertainment giant announced that chief operating officer Sheryl Sandberg and chief exec Jack Dorsey will not not be seeking re-election to its board...

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      Mentions: CEO Starbucks Twitter
    10. Viacom Surges After Reports it's in Talks to Merge with CBS

      Viacom Surges After Reports it's in Talks to Merge with CBS

       

      • Shares of media conglomerate Viacom spiked as much as 12% just before the closing bell Friday after TheWrap reported it was in talks to merge with CBS. The stock closed up 7%.
      • The news website said CBS chairman Les Moonves is now open to the consolidation, reversing his previous stance, citing three individuals with knowledge of the talks.
      • Viacom was formed in 2005 out of a split from the previous iteration of the company, with the predecessor re-branded as the CBS Corporation...
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      Mentions: Chairman
    11. Aflac Plummets After Allegations that the Company Deceived Shareholders

      Aflac Plummets After Allegations that the Company Deceived Shareholders
      • Shares of Aflac plummeted on Friday after the company was alleged to have "exploited workers, manipulated its accounting, and deceived shareholders and customers."
      • Aflac's shares were down 7.84% to $84.50 a share on Friday.
      • The investigative news site The Intercept first broke the news, interviewing nine former employees who have sued the company over the claims.
      • Aflac released a statement calling the allegations false...
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      Mentions: Aflac Chairman
    12. Robert Jackson and Hester Peirce Sworn In as SEC Commissioners

      Robert Jackson and Hester Peirce Sworn In as SEC Commissioners

      Washington D.C.-- Robert J. Jackson Jr. and Hester M. Peirce were sworn into office as SEC Commissioners this morning by SEC Chairman Jay Clayton.

      Mr. Jackson and Ms. Peirce were nominated to the SEC by President Donald Trump, and their nominations were confirmed by the U.S. Senate on Dec. 21. Both new commissioners participated in today’s inaugural meeting of the SEC’s Fixed Income Market Structure Advisory Committee...

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    13. Walmart is Giving its Workers a Huge Pay Raise and a Cash Bonus of up to $1,000

      Walmart is Giving its Workers a Huge Pay Raise and a Cash Bonus of up to $1,000

      Walmart is raising hourly pay from $9 to $11 as a result of recent tax law changes.

      • It's also offering employees a one-time cash bonus of up to $1,000, expanded maternity and parental leave benefits, and assistance with adoption expenses.
      • The changes will impact more than one million Walmart employees in the US.

      Walmart is raising starting wages for hourly employees to $11 and offering a one-time cash bonus of up to $1,000, the company said Thursday...

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      Mentions: CEO Walmart Pay Raise
    14. Valeant CEO Papa says Drugmaker has 'Turnaround Opportunity of a Lifetime'

      Valeant CEO Papa says Drugmaker has 'Turnaround Opportunity of a Lifetime'

      (Bloomberg) -- Valeant Pharmaceuticals International Inc. became a household name with its historic rise and fall. Reviving the drugmaker is proving a unique challenge. “This is a turnaround opportunity of a lifetime,” Chief Executive Officer Joseph Papa, who took over in May 2016, said during a presentation Wednesday at the J.P. Morgan Healthcare Conference in San Francisco...

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    15. The first female big pharma CEO had the perfect response to a question about women in leadership

      The first female big pharma CEO had the perfect response to a question about women in leadership

      GlaxoSmithKline CEO Emma Walmsley made history in 2017, when she became the first woman to head up a major pharmaceutical company. 

      In her first company presentation at an industry conference as the CEO of GSK, Walmsley was asked about female leadership in the pharmaceutical industry. She responded not by talking about gender, but by running through how she thinks about her responsibilities as CEO. 

       

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    16. Qualcomm Creates Severance Plan for Workers Should Broadcom's Hostile Takeover Succeed

      Qualcomm Creates Severance Plan for Workers Should Broadcom's Hostile Takeover Succeed

      A Broadcom spokesman said the company continues to hope Qualcomm's board would engage in merger talks but declined further comment. A Qualcomm ... The new severance plan defines change of control to include a replacement of a majority of Qualcomm's current board of directors . Broadcom ...

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    17. Warren Buffett says Bitcoin 'Definitely will Come to a Bad Ending'

      Warren Buffett says Bitcoin 'Definitely will Come to a Bad Ending'
      • "What's going on definitely will come to a bad ending," said Warren Buffett, Berkshire Hathaway's CEO, on cryptocurrencies.
      • Buffett told CNBC the firm will never have a position in cryptocurrencies.

      Berkshire Hathaway CEO Warren Buffett said Wednesday that the firm had no interest in jumping on the cryptocurrency bandwagon.

      "We don't own any, we're not short any, we'll never have a position in them," Buffett said in an interview on CNBC...

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    18. ‘These are bad facts for him’: Intel CEO's $24 Million Stock Sale Before Disclosing the Chip Flaw Could Trigger Lawsuits, SEC Inquiry (

      ‘These are bad facts for him’: Intel CEO's $24 Million Stock Sale Before Disclosing the Chip Flaw Could Trigger Lawsuits, SEC Inquiry (

      Institutional investors are talking to plaintiffs lawyers about potentially filing suit against Intel over CEO Brian Krzanich's massive stock sale in November.

      • Krzanich gained some $24 million by selling all the shares and options he was allowed to sell under a plan he put in place only the month before. His plan was put in place months after Intel was informed of a major security vulnerability in its chips...
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      Mentions: Investors CEO SEC
    25-48 of 7544 « 1 2 3 4 5 ... 313 314 315 »
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