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    1. Barra, Other Top GM Executives Awarded Shares as Incentive Pay

      Barra, Other Top GM Executives Awarded Shares as Incentive Pay

      General Motors Co awarded its top executives with shares in the company as part of a long-term incentive plan, according to company filings with U.S. regulators. The award of the shares disclosed on Friday offered the first glimpse of 2015 compensation for GM's top executives. Chief executive Mary Barra was awarded 79,639 restricted shares for 2015 that will vest annually over three years ...

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      Mentions: stock options CEO
    2. Petrobras Directors say New CEO Does not have Support of Full Board

      Petrobras Directors say New CEO Does not have Support of Full Board

      Petroleo Brasileiro SA'S new chief executive was appointed without properly consulting independent directors and does not have the support of the full board, two board members said on Friday. Mauro Cunha, who represents minority shareholders on the 10-member board, said he read news reports that former Banco do Brasil CEO Aldemir Bendine, a confidant of Brazilian President Dilma Rousseff, would ...

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    3. France's Iliad makes $15 Billion Bid to Take Control of T-Mobile U.S.

      France's Iliad makes $15 Billion Bid to Take Control of T-Mobile U.S.

      By Soyoung Kim NEW YORK (Reuters) - French telecoms company Iliad has made a surprise offer for T-Mobile US Inc , setting up a potential bidding war with rival suitor Sprint Corp , the U.S. mobile firm now controlled by Japan's Softbank <9984.T>. Iliad, which has shaken up the French mobile and broadband market in the past decade with its cheap, pared-down subscriber plans, has bid $15 billion ...

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      Mentions: acquisition
    4. Fischer sworn in as Fed vice chair, Brainard and Powell as board members

      Fischer sworn in as Fed vice chair, Brainard and Powell as board members

      By Howard Schneider WASHINGTON (Reuters) - Stanley Fischer was sworn in as vice chair of the U.S. Federal Reserve and Lael Brainard took the oath of office to join the central bank's board of governors, the Fed announced on Monday. Current Fed board member Jerome Powell was sworn in to a new 14-year term. Brainard, a former top Treasury official, and Fischer, a noted academic and former Bank of ...

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    5. Icahn becomes largest shareholder in Family Dollar Stores

      Icahn becomes largest shareholder in Family Dollar Stores

      Hedge fund billionaire Carl Icahn became the largest shareholder in Family Dollar Stores Inc after reporting a 9.39 percent stake in the company on Friday, and said he may seek representation on its board. Shares of Family Dollar, struggling under declining sales, rose as much as 12 percent in extended trade on Friday. At 10.69 million shares, Icahn becomes the largest shareholder in Family ...

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      Mentions: Hedge Fund
    6. McDonald's shareholders approve chain's executive compensation

      McDonald's shareholders approve chain's executive compensation

      (Reuters) - McDonald's Corp shareholders on Thursday overwhelmingly approved an advisory measure on executive pay at the fast-food chain, where Chief Executive Officer Don Thompson took home total compensation of $9.5 million in 2013. With their non-binding vote, shareholders approved how much compensation McDonald's executives received as well as the formulas used to calculate that pay ...

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    7. Credit Suisse shareholders back pay plan

      Credit Suisse shareholders back pay plan
      By Katharina Bart ZURICH (Reuters) - Credit Suisse investors backed a plan to issue new shares to pay staff bonuses after more than two hours of criticism from individual shareholders angered by high pay for executives at the bank. Just over 75 percent of votes were cast in favor of the plan at an investor meeting on Friday, despite a recommendation to reject it from shareholder advisory group ...
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    8. UPDATE 5-JPMorgan slashes CEO Dimon's bonus on 'Whale' trade

      * Net income $5.69 billion vs $3.73 billion year earlier * Earnings per share $1.39 vs 90 cents a year earlier * Committee takes managers under Dimon to task * Company trims buyback plans to build capital NEW YORK, Jan 16 (Reuters) - JPMorgan Chase & Co's board of directors cut Chief Executive Jamie Dimon's annualbonus in half, citing the company's $6.2 billion "London Whale"trading loss. Dimon ...

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    1-10 of 10
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