1. 49-72 of 1032 « 1 2 3 4 5 6 ... 41 42 43 »
    1. Barclays Will Take a $1.3 Billion Writedown Because of US Tax Reform

      Barclays Will Take a $1.3 Billion Writedown Because of US Tax Reform
      • Barclays will take a $1.3 billion writedown because of US tax reform.
      • The bank says the tax overhaul will cause its tier 1 capital to fall by about 20 basis points.

      (Reuters) - Barclays expects to take a writedown of about 1 billion pounds ($1.34 billion) on its annual post-tax profit as a result of the U.S. tax overhaul, the bank said in a statement on Wednesday...

      Read Full Article
      Mentions: Barclays Tax Reform
    2. Apple Has Returned $234 Billion to Shareholders — and There's More to Come

      Apple Has Returned $234 Billion to Shareholders — and There's More to Come

      REUTERS/Stephen Lam

      • Of the $234 billion returned to Apple shareholders since 2012, about $61 billion went to dividends, and $173 went to share purchases.
      • In other words, about 74% of Apple's capital return program has gone toward share repurchases.
      • In May, Apple expanded its total cumulative authorization from $250 billion to $300 billion, giving the program an expiration date of the end of March 2019...
      Read Full Article
    3. The Mission of Ford's New CEO is Being Dragged Down by the Car Business

      The Mission of Ford's New CEO is Being Dragged Down by the Car Business
      • Jim Hackett responded forcefully to a New York Times report about harassment at two Chicago plants.
      • Hackett's task has been to reset Ford story for Wall Street, but the reality of the auto industry is hampering his efforts.
      • He has no choice but to deal with the challenge of pointing Ford to the future without undermining its profitable past.

      When Jim Hackett took over as CEO of Ford from company veteran Mark Fields in May, the carmaker effectively split in two...

      Read Full Article
      Mentions: CEO Ford Uber
    4. Former Shell Executives Charged in $1.1 Billion Case — the Biggest Corporate Bribery Trial in History

      Former Shell Executives Charged in $1.1 Billion Case — the Biggest Corporate Bribery Trial in History
      • Top former executives from oil giants Shell and Eni are to stand trial for an alleged $1.1 billion bribery scheme, an Italian court ruled on Wednesday.
      • This is the biggest corporate bribery trial in history, and relates to alleged corruption in a deal done over a Nigerian oil block.
      • The trial is due to begin in March. Shell and Eni denied any wrongdoing...
      Read Full Article
    5. Kinderd Healthcare is Being Bought by Humana and 2 Private Equity Firms for $4.1 Billion

      Kinderd Healthcare is Being Bought by Humana and 2 Private Equity Firms for $4.1 Billion

      Kindred Healthcare is being bought by Humana and two private equity firms for $4.1 billion.

      • The deal represents a 4.7% premium over Friday's closing price.

      (Reuters) - Kindred Healthcare Inc said on Tuesday it will be bought by health insurer Humana Inc and two private equity firms in a deal valued at $4.1 billion...

      Read Full Article
      Mentions: acquisition Humana
    6. The World's Largest Oil and Gas Companies are Getting Greener After Fighting with Shareholders for Months

      The World's Largest Oil and Gas Companies are Getting Greener After Fighting with Shareholders for Months
      • Exxon, Shell, and BP have announced initiatives to report the risks climate change pose to their business, bowing to shareholder pressure.
      • The oil-and-gas giants have also rolled out investments in renewable energy, though skeptics point out the investments are tiny compared to the companies' overall revenue.
      • However, it marks a critical shift for the fossils fuels industry, and shareholders and consumers alike are demanding change...
      Read Full Article
    7. Sears is Teetering on the Edge of Bankruptcy and Kmart Could be its First Casualty

      Sears is Teetering on the Edge of Bankruptcy and Kmart Could be its First Casualty
      • Sears' sales are down 45% since early 2013, its debt load has spiked to over $4 billion, and the company is losing well over $1 billion annually.
      • To meet its obligations, Sears has been selling off valuable brands and properties.
      • Now its pool of assets is dwindling, increasing the risk of a bankruptcy, analysts say.
      • Kmart, in particular, is at risk of shutting down, as it loses market share fast....
      Read Full Article
    8. CSX Tumbles 7% After CEO goes on Medical Leave

      CSX Tumbles 7% After CEO goes on Medical Leave
      • CSX shares fell on Friday after the company announced CEO Hunter Harrison has taken medical leave.
      • The company has appointed James Foote, its chief operating officer, as acting CEO.
      • CSX hired Harrison in March to help turnaround the company, and concerns had been raised about his health.

      Shares of the railroad-provider CSX Corporation tumbled in trading on Friday after the company announced that its CEO has taken medical leave...

      Read Full Article
      Mentions: CEO stake
    9. Oracle CEO Safra Catz is Joining Sheryl Sandberg and Jack Dorsey on Disney's Board (DIS, Orcl)

      Oracle CEO Safra Catz is Joining Sheryl Sandberg and Jack Dorsey on Disney's Board (DIS, Orcl)

      Media company Walt Disney Co on Thursday named Oracle Corp's chief executive, Safra Catz, and her counterpart at Illumina Inc, Francis A. deSouza, to its board.

      Disney said their election would be effective Feb. 1 but it was yet to decide on which committees they would serve on.

      The company currently has 12 members on its board, including Facebook Inc's Sheryl Sandberg and Twitter Inc's Jack Dorsey...

      Read Full Article
      Mentions: CEO Twitter Disney
    10. The CEO of Aetna is Going to Make a Huge Amount of Money if the $69 Billion Deal With CVS Closes

      The CEO of Aetna is Going to Make a Huge Amount of Money if the $69 Billion Deal With CVS Closes
      • Aetna CEO Mark Bertolini stands to make a lot from Aetna's $69 billion deal with CVS Health once it closes.
      • Bertolini could make as much as $85 million in exit pay from the deal closing, The Wall Street Journal reports.
      • Combined with the other stock and rights Bertolini has in Aetna and based on the $207 share price of the deal, Bertolini's payout will be $500 million by the time the deal closes, The Journal reported...
      Read Full Article
    11. Breaking News: Dish Network's CEO is stepping down (DISH)

      Breaking News:  Dish Network's CEO is stepping down (DISH)

      Dish Network Chairman Charlie Ergen is stepping down as Chief Executive Officer in order to spend more time on the company's emerging wireless business, a company press release said. He will be replaced by Chief Operating Officer Erik Carlson.

      "With more than 20 years' experience at DISH, Erik brings a complete understanding of the business opportunities both DISH TV and Sling TV possess," Ergen in the press release...

      Read Full Article
    12. CVS and Aetna Used One Word that Should Make Employees Nervous

      CVS and Aetna Used One Word that Should Make Employees Nervous
      • CVS Health is buying Aetna for $69 billion ($145 a share and 0.8378 CVS shares per Aetna share).
      • The merger could reshape the American healthcare system as we know it.
      • CVS and Aetna said that the deal will come with some synergies.

      In the largest deal of 2017, CVS Health is buying Aetna, the third largest US insurer, for $69 billion. Aetna stockholders will be paid $145 a share in cash and 0.8378 CVS shares per Aetna share...

      Read Full Article
      Mentions: CFO Merger
    13. A New CEO Won't be Enough to Save Chipotle

      A New CEO Won't be Enough to Save Chipotle
      • Chipotle said Wednesday that founder and CEO Steve Ells will step down.
      • The stock initially rose after the announcement, but it won't be enough to reach its highs set earlier this year.

      There's finally a change at the top for Chipotle Mexican Grill, as CEO Stephen Ells will be stepping down after a suitable replacement is found. The founder CEO will then assume the role of executive chairman...

      Read Full Article
      Mentions: CEO Twitter Chipotle
    14. Bitcoin Futures Trading Gets the Green Light from US Regulators

      Bitcoin Futures Trading Gets the Green Light from US Regulators
      • Bitcoin futures trading can go ahead on three US exchanges, the Commodity Futures Trading Commission said on Friday.
      • Futures contracts give traders a way to bet on bitcoin prices and earn profits without buying the actual cryptocurrency.
      • Bitcoin has surged nearly 1,000% against the dollar this year as its popularity has grown.
      • The Chicago Mercantile Exchange will launch its bitcoin futures contracts on December 18...
      Read Full Article
      Mentions: Wall Street Bitcoin
    15. London Stock Exchange Board: Xavier Rolet's 'Operating Style' was a Factor in his Exit — But we Won't Provide Details

      London Stock Exchange Board: Xavier Rolet's 'Operating Style' was a Factor in his Exit — But we Won't Provide Details
      • London Stock Exchange board in row with investors The Children's Investment (TCI) Fund over LSE CEO Xavier Rolet's departure.
      • TCI Fund claims Rolet is being forced out by the board, who allegedly are threatening to publish a damaging dossier on him unless he leaves.
      • LSE says in a letter to shareholders on Friday that Rolet's "operating style" played a part in the decision to look for new CEO but says it "would be detrimental... to provide further detail on these aspects."...
      Read Full Article
    16. Breaking News: Chipotle's Founder Plans to Step Down as the Struggling Chain Begins the Hunt for a New CEO

      Breaking News:  Chipotle's Founder Plans to Step Down as the Struggling Chain Begins the Hunt for a New CEO

      Chipotle announced on Wednesday morning that its chief executive officer and founder plans to step down as it begins its hunt for a new CEO.

      Steve Ells, the fast-casual burrito chain's chairman, founder and CEO will step down from his position "following the completion of a search to identify a new CEO" the company said in a statement. Ells will remain involved as executive chairman...

      Read Full Article
      Mentions: CEO crisis Chipotle
    17. The Owner of Arby's Will Buy Buffalo Wild Wings for $2.9 Billion

      The Owner of Arby's Will Buy Buffalo Wild Wings for $2.9 Billion
      • Roark Capital Group, which owns Arby's, has agreed to buy Buffalo Wild Wings for about $2.9 billion.
      • Buffalo Wild Wings will be a privately held subsidiary of Arby's, whose CEO will stay in that same role for the combined entity.

      Roark Capital Group, which owns Arby's and Cinnabon, has agreed to buy Buffalo Wild Wings for about $2.9 billion...

      Read Full Article
    18. The London Stock Exchange is Lining up a Replacement for CEO Rolet

      The London Stock Exchange is Lining up a Replacement for CEO Rolet
      • The London Stock Exchange Group's board is reportedly lining up its Chief Financial Officer as a temporary replacement for boss Xavier Rolet.
      • Investor Sir Christopher Hohn has called a shareholder meeting to vote on removing the current chairman, and said regulators should intervene given the governance crisis.
      • Rolet's surprise resignation is due to take effect by the end of December 2018...
      Read Full Article
      Mentions: Investment CEO CFO
    19. BREAKING NEWS: Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise

      BREAKING NEWS:  Meg Whitman is Stepping Down from the CEO Job at Hewlett Packard Enterprise

      Hewlett Packard Enterprise announced on Tuesday that CEO Meg Whitman will resign effective February 1, 2018. She will remain on the board of directors.

      She is being replaced by Antonio Neri, current President of HPE.

      Whitman has taken HPE through some drastic changes since she joined as the CEO in 2011 of what was previously known as Hewlett-Packard. She's conducted layoffs that sliced tens of thousands of employees from HPE, with more layoffs expected to come...

      Read Full Article
    20. JPMorgan Might be Getting Into Bitcoin Even Though Jamie Dimon Hates It

      JPMorgan Might be Getting Into Bitcoin Even Though Jamie Dimon Hates It
      • JPMorgan is considering whether or not to help clients tap into a potential market for bitcoin futures, according to The Wall Street Journal.
      • CEO Jamie Dimon has derided the digital currency as a "fraud" and said he'd fire employees for trading bitcoin.

      JPMorgan CEO Jamie Dimon's opposition to bitcoin, the red-hot cryptocurrency up more than 700% this year, is no secret...

      Read Full Article
    21. Marvell Technology will Buy Rival Chipmaker Cavium for $6 Billion

      Marvell Technology will Buy Rival Chipmaker Cavium for $6 Billion
      • Marvell Technology has agreed to buy rival Cavium for $40 per share in cash and 2.1757 Marvell common shares for each unit of Cavium stock, in a deal worth about $6 billion.
      • Cavium shareholders will own about 25% of the combined company.

      Marvell Technology has agreed to buy Cavium for about $6 billion as it tries to expand beyond semiconductors that control hard disk drives...

      Read Full Article
    22. Barnes and Noble Spikes After Reportedly Being Approached About Going Private

      Barnes and Noble Spikes After Reportedly Being Approached About Going Private
      • Barnes and Noble's shares are up 11.4% to $7.35 after a report from the Wall Street Journal says the company has been approached about going private.
      • The proposal came from activist investor Sandell Asset Management, with a potential deal offer of $750 million, including debt.
      • There are multiple hurdles to overcome if the proposal is to work, including arranging $500 million in debt financing...
      Read Full Article
    49-72 of 1032 « 1 2 3 4 5 6 ... 41 42 43 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content