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    1. Carlos Ghosn is Set to Spend Christmas in Prison After Being Rearrested for Allegedly Passing Losses onto Nissan

      Carlos Ghosn is Set to Spend Christmas in Prison After Being Rearrested for Allegedly Passing Losses onto Nissan
      • Carlos Ghosn's fall from grace has been dramatic and new allegations means he will likely spend Christmas behind bars.
      • The auto executive has spent a month in jail following his initial arrest in Tokyo and is now suspected of passing personal losses onto Nissan.
      • Ghosn was rearrested on Friday diminishing his chances of making bail as prosecutors make new allegations...
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    2. Cigna is Closing its $67 Billion Deal with Express Scripts, Creating a New Healthcare Giant

      Cigna is Closing its $67 Billion Deal with Express Scripts, Creating a New Healthcare Giant
      • Cigna is set to officially close its deal to acquire pharmacy benefits manager Express Scripts.
      • The deal was announced in March but took some time clearing regulatory hurdles from state insurance agencies as well as the Department of Justice.
      • The deal combines a health insurer and a company that helps negotiate lower prices for prescription drugs in the form of rebates on behalf of health plans.

      Cigna is about to close on its deal to acquire healthcare giant Express Scripts...

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    3. Pharma Giant GlaxoSmithKline Signs Mega Deal With Pfizer That Could Change the Face of Global Healthcare

      Pharma Giant GlaxoSmithKline Signs Mega Deal With Pfizer That Could Change the Face of Global Healthcare
      • British pharmaceuticals giant GlaxoSmithKline will combine its consumer health business into a joint venture with US rival Pfizer to create a medical superpower.
      • The deal could forge the largest provider of medicinal products sold directly to the public in the world.
      • The move means that GSK will split into two businesses going forward.

      Two of the world's largest pharmaceuticals companies are set to merge in a joint venture which could have combined sales of nearly $10 billion...

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    4. MoviePass' Parent Company Just Bought Itself More Time to Live, But It's Still in Imminent Danger of Being Kicked off the Stock Exchanges

      MoviePass' Parent Company Just Bought Itself More Time to Live, But It's Still in Imminent Danger of Being Kicked off the Stock Exchanges
      • Helios and Matheson, the parent company of MoviePass, reached an agreement with its creditors Tuesday to reduce its outstanding debt.
      • The move also will eliminate all of its outstanding convertible notes and replace them with non-convertible notes.
      • By eliminating its convertible notes, the company freed itself up to sell potentially billions of new shares of stock.
      • But the move comes on the same day that the Nasdaq could delist Helios and Matheson's stock...
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      Mentions: Nasdaq MoviePass
    5. Uber, Lyft, China and More — Top Tech Investment Bankers Share Their Biggest Hopes and Fears for IPOs in 2019

      Uber, Lyft, China and More — Top Tech Investment Bankers Share Their Biggest Hopes and Fears for IPOs in 2019
      • Market volatility at the end of 2018 put a pause on the IPO pipeline, but tech investment bankers expect the deals to flow at the turn of the calendar year.
      • With a long list of marquee names like Uber and Lyft, IPOs in 2019 could set new records in terms of valuation and exits for Silicon Valley venture capitalists.
      • But VCs aren't the only ones set to win. Bankers expect to see private equity firms try their hands at tapping the public markets, as well...
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    6. After Losing 99% of its Value, MoviePass' Parent Company is Getting Ready to Ask Shareholders to Support its CEO and approve his Pay

      After Losing 99% of its Value, MoviePass' Parent Company is Getting Ready to Ask Shareholders to Support its CEO and approve his Pay
      • Helios and Matheson, the parent company of MoviePass, has scheduled another shareholder meeting.
      • Unlike a meeting it cancelled last month, this is its standard, annual gathering of shareholders, where investors will get to vote on its director nominees and what it pays executives.
      • Even those proposals could prove controversial, considering how much the company's stock has declined this year — as much as 99% from the start of the year...
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    7. A Former Executive From Tinder is Joining the Board of a Fast Growing Company That's Trying to Teach Millennial 'Noobies' How to Invest

      A Former Executive From Tinder is Joining the Board of a Fast Growing Company That's Trying to Teach Millennial 'Noobies' How to Invest
      • Brian Norgard, the former head of product at dating app Tinder, joined the board of directors of  StockTwits, a  Twitter-like site for people interested in talking about finance and stocks.
      • Norgard will help StockTwits expand into new areas of financial technology and media.
      • He announced his departure from Tinder in November.

      A former executive at dating app Tinder is joining the board of directors of a fast-growing financial technology company...

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    8. Facebook's Board Backs COO Sheryl Sandberg Over Her Calls to Investigate George Soros

      Facebook's Board Backs COO Sheryl Sandberg Over Her Calls to Investigate George Soros
      • Facebook's board has come out in support of COO Sheryl Sandberg.
      • Sandberg has been under heavy criticism over her involvement in efforts to investigate George Soros and critics of Facebook.
      • "When a well-known and outspoken investor attacks your company publicly, it is fair and appropriate to do this level of diligence," the board said.

      Facebook's board has chief operating officer Sheryl Sandberg's back...

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    9. Angry Protesters Interrupted JPMorgan CEO Jamie Dimon During an Investor Conference in New York for Supporting Private Prisons

      Angry Protesters Interrupted JPMorgan CEO Jamie Dimon During an Investor Conference in New York for Supporting Private Prisons
      • Protesters interrupted JPMorgan CEO Jamie Dimon's remarks at an investor conference on Tuesday.
      • Their demands centered on the bank's financing of the operators of private prisons, which are holding immigrant children detained at the US border.

      Protesters interrupted JPMorgan CEO Jamie Dimon's presentation at an investor conference Tuesday not once. But twice...

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    10. Facebook's Board Needs to Get a Spine and Fire Mark Zuckerberg, Marketing Guru Scott Galloway Said

      Facebook's Board Needs to Get a Spine and Fire Mark Zuckerberg, Marketing Guru Scott Galloway Said
      • Facebook ought to fire both CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg for the string of failures on their watch, marketing professor Scott Galloway said at Business Insider's IGNITION conference Monday.
      • Zuckerberg holds majority control over Facebook, but the board ought to get the nerve up to fire him anyway, Galloway said.
      • Sandberg may be a feminist icon, but she still ought to be held accountable for Facebook's scandals and fiascos, he said...
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    11. CBS Boss Moonves Reportedly Tried to Silence Sex Assault Allegations With TV Roles — and his $120 Million Severance is in Jeopardy

      CBS Boss Moonves Reportedly Tried to Silence Sex Assault Allegations With TV Roles — and his $120 Million Severance is in Jeopardy
      • A damning New York Times report says that Les Moonves tried to silence a woman who accused him of sexual assault with a TV role at a CBS show so she would keep quiet.
      • Moonves, who was then working for Warner Bros., allegedly forced Bobbie Phillips to perform oral sex on him in 1995.
      • Moonves acknowledged that encounter but told The Times and CBS investigators that the oral sex was consensual...
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    12. Breaking News: Unilever CEO Paul Polman is Retiring

      Breaking News:  Unilever CEO Paul Polman is Retiring
      • Unilever Chief Executive Paul Polman is retiring after 10 years at the top of the company.
      • His annoucement comes less than two months after investors revolted against a plan to move the company's consumer goods group's headquarters to the Netherlands.
      • Polman will be succeeded by Alan jope, the head of the company's beauty business...
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    13. Microsoft's Surprising Comeback Over Apple is the Outcome of Two New CEOs With Radically Different Gameplans

      Microsoft's Surprising Comeback Over Apple is the Outcome of Two New CEOs With Radically Different Gameplans
      • Microsoft briefly overtook Apple this week as the world's most valuable company.
      • The development speaks volumes about investors' faith in the respective companies' futures and the leaders driving each company there.
      • While Tim Cook has demonstrated that he's a great manager for Apple, he's repeatedly shown he's "not a product person," and he's left shareholders wondering about the company's next act....
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    14. Airbnb Poaches Amazon Exec as its New CFO as the $31 Billion Startup Preps for IPO

      Airbnb Poaches Amazon Exec as its New CFO as the $31 Billion Startup Preps for IPO
      • Airbnb, which is poised to go public in the second half of 2019, has a new chief financial officer.
      • Dave Stephenson joined Airbnb after 17 years at Amazon.
      • He replaces Laurence Tosi, who left the CFO role in February after reportedly disagreeing with CEO Brian Chesky over the future of the company.

      Airbnb has a new chief financial officer, the company announced Monday...

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    15. Alphabet Chairman Admits that Google will have to Break Its Core Values if it Wants to Launch a Search Engine in China

      Alphabet Chairman Admits that Google will have to Break Its Core Values if it Wants to Launch a Search Engine in China
      • The chairman of Google's parent company, Alphabet, has said that anybody who does business in China "compromises some of their core values."
      • Google is working on plans to return to the Chinese market with a censored search engine after an eight-year hiatus.
      • John Hennessy said Google needs to balance ethical compromises with the possibility that a better search engine could improve quality of life for Chinese citizens...
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    16. Carlos Ghosn Set to Remain as Renault CEO as Probe into Alleged Wrongdoing Expands

      Carlos Ghosn Set to Remain as Renault CEO as Probe into Alleged Wrongdoing Expands
      • Carlos Ghosn, arrested Monday, is set to remain head of French car giant Renault.
      • Thierry Bolloré is set to take interim charge at the car maker as deputy CEO.
      • The probe into Ghosn's alleged wrongdoing has extended to bonus abuses.
      • Japanese prosecutors are considering widening their investigation into Nissan's alleged wrongdoing.

      Carlos Ghosn, the recently arrested head of major car brands Nissan, Mitsubishi Motors, and Renault looks set to stay on as CEO and Chairman of the French giant...

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    17. This London Fund Made a $113 Million Short Bet on Renault Before it Tanked 14%

      This London Fund Made a $113 Million Short Bet on Renault Before it Tanked 14%
      • Merian Investors placed a bet on Renault's shares falling on October 30, according to regulatory filings.
      • Renault's shares dropped as much as 14% Monday after its CEO was arrested over financial misconduct allegations.

      London-based Merian Investors, formerly Old Mutual Global Investors, made a sizeable bearish bet on Renault before the stock tumbled...

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    18. Facebook's Mark Zuckerberg Isn't Accountable to Anyone, so it's Time Congress Took Away the Source of his Power

      Facebook's Mark Zuckerberg Isn't Accountable to Anyone, so it's Time Congress Took Away the Source of his Power
      • Facebook's string of scandals over the last several years have highlighted the poor job Mark Zuckerberg has done running the company — and his lack of accountability.
      • The social networking giant's stock structure gives Zuckerberg near-absolute control over it, because the shares he holds get far more votes than those held by ordinary investors...
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      Mentions: Investors SEC Google
    19. MoviePass' Owner Lost $130 Million Last Quarter, as it Saw a 'Significant Decline' in Subscribers and 2 More Board Resignations

      MoviePass' Owner Lost $130 Million Last Quarter, as it Saw a 'Significant Decline' in Subscribers and 2 More Board Resignations
      • MoviePass' owner, Helios & Matheson Analytics (HMNY), reported a loss of $130 million for the three months ending September 30, according to its third-quarter filing with the Securities and Exchange Commission.
      • It also noted that MoviePass has suffered a "significant decline" in subscriptions due to unpopular changes.
      • Two board members resigned in October the day after HMNY announced that it was planning to branch off MoviePass into its own publicly traded company...
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    20. Mark Zuckerberg's Spectacular Failure of Leadership Shows Why Some Facebook Investors are Desperate to Fire Him

      Mark Zuckerberg's Spectacular Failure of Leadership Shows Why Some Facebook Investors are Desperate to Fire Him
      • The New York Times exposé on Facebook's crisis management exposes a spectacular failure in leadership from CEO Mark Zuckerberg.
      • The report suggests he was at best uninterested in some of the scandals that engulfed his company, and at worst, complicit in exacerbating them.
      • It's red meat to powerful investors who want to oust Zuckerberg as chairman...
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    21. MoviePass' Parent Company Has Canceled a Long-Delayed Shareholders Vote, as it Tries Desperately to Stay on the Nasdaq

      MoviePass' Parent Company Has Canceled a Long-Delayed Shareholders Vote, as it Tries Desperately to Stay on the Nasdaq
      • MoviePass parent company, Helios & Matheson Analytics (HMNY), announced Tuesday that it had canceled a special shareholders meeting regarding a vote on a proposed 1-for-500 reverse stock split.
      • The meeting was postponed twice and then canceled because the company said it "does not expect to have the requisite stockholder votes to approve the proposed reverse stock split," according to an SEC filing...
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    22. A Healthcare Company That Fought an 18-Month Battle with an Activist Investor Just Struck a $5.7 Billion Deal to End The Fight

      A Healthcare Company That Fought an 18-Month Battle with an Activist Investor Just Struck a $5.7 Billion Deal to End The Fight

      Healthcare IT company Athenahealth reached an agreement with Veritas Capital and Elliott Management to be acquired in a $5.7 billion deal. The deal comes after a long-running push from Elliott for Athenahealth to sell itself. Under the two big investment firms, Athenahealth will be combined with Virence Health, a company Veritas acquired earlier this year. The Athenahealth saga is coming to a close...

      Read Full Article
      Mentions: Athenahealth
    49-72 of 1287 « 1 2 3 4 5 6 ... 52 53 54 »
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