1. 961-984 of 1032 « 1 2 ... 38 39 40 41 42 43 »
    1. Valeant, Ackman To Submit Allergan Special Meeting Request-CNBC

      Valeant, Ackman To Submit Allergan Special Meeting Request-CNBC

      (Reuters) - Valeant Pharmaceuticals International Inc and Pershing Square Capital Management will submit a request on Friday to Allergan Inc for a special shareholders meeting, sources told CNBC television.

      Allergan's corporate bylaws require Valeant and Pershing Square to have more than 25 percent of shareholders' votes in favor of holding the meeting. They have support from more than 30 percent, CNBC reported, citing the sources.

      Read Full Article
    2. Bischoff To Become Chairman Of JPMorgan In Europe

      Bischoff To Become Chairman Of JPMorgan In Europe

      LONDON (Reuters) - Win Bischoff, chairman of Britain's accounting watchdog the Financial Reporting Council, will also become chairman of JPMorgan Chase's European arm from January, the investment bank said on Tuesday.

      His appointment to JPMorgan comes at a time when British lawmakers are keen for the FRC to scrutinize the accounts of banks more closely.

      Read Full Article
    3. Murdoch's Fox Expected to Push for Time Warner Deal on Wednesday

      Murdoch's Fox Expected to Push for Time Warner Deal on Wednesday

      Rupert Murdoch's Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company's plans have said it would not use that forum to raise its bid.

      Time Warner is due to report its financial results on Wednesday as well, marking the first time executives from both companies will publicly speak since the offer was first revealed on July 16...

      Read Full Article
      Mentions: CEO
    4. Warren Buffett Is Sitting On A Gigantic War Chest, And Now He's Waiting For The Perfect Fat Pitch

      Warren Buffett Is Sitting On A Gigantic War Chest, And Now He's Waiting For The Perfect Fat Pitch

      Warren Buffett notoriously waits for the "fat pitch" — and now, all this waiting has led to a huge amount of cash.

      According to Bloomberg News, Warren Buffett's Berkshire Hathaway Inc. "rose past $50 billion at the end of June," which is the first time "it finished a quarter above that level since he became chairman and chief executive officer more than four decades ago...

      Read Full Article
    5. Board Removes Ability For Shareholders To Force Vote On Fox Offer

      Board Removes Ability For Shareholders To Force Vote On Fox Offer

      Time Warner's board just changed the company's bylaws to prevent a small group of shareholders from forcing a vote on Fox's offer for the company.

      The new amendment, which is effective immediately, removed a standard provision that allows 15% of the company's shareholders to vote to call a "special meeting," in this case one that could have been devoted to evaluating the Fox offer.

      Read Full Article
    6. Bill Ackman Prepares 'The Most Important Presentation' Of His Career On Herbalife (HLF)

      Bill Ackman Prepares 'The Most Important Presentation' Of His Career On Herbalife (HLF)

      Activist investor Bill Ackman said tomorrow he will give "the most important presentation" of his career.

      "You're going to learn why herbalife is going to collapse," he said.

      Ackman has been short Herbalife — a maker of health shakes — since late 2012.

      Since that time, Ackman has waged a constant campaign against the company, arguing that it's actually an illegal pyramid scheme.

      Now he's claiming that he's ready to deliver a final death blow against the company.

      Read Full Article
      Mentions: CEO
    7. Apple CEO Tim Cook Is 'Actively' Looking For New People On Apple's Board

      Apple CEO Tim Cook Is 'Actively' Looking For New People On Apple's Board

      Tim Cook is quietly looking for members to join one of America's most exclusive corporate clubs: Apple's Board of Directors.

      "According to people familiar with the company, Mr. Cook is actively seeking new directors to add to Apple's eight-person board, known for its loyalty to Mr. Jobs," according to a Wall Street Journal report.

      Read Full Article
    8. JP Morgan CEO Jamie Dimon Has Throat Cancer (JPM)

      JP Morgan CEO Jamie Dimon Has Throat Cancer (JPM)

      JPMorgan CEO Jamie Dimon has curable throat cancer, CNBC first reported.

      "The cancer is confined to the original site and the adjacent lymph nodes on the right side of my neck. Importantly, there is no evidence of cancer elsewhere in my body," Dimon said in a note to JPMorgan investors and employees.

      "The good news is that the prognosis from my doctors is excellent, the cancer was caught quickly, and my condition is curable," he said.

      Read Full Article
    9. It Looks Like Bill Ackman Just Got A Huge Ally In His Fight For Botox-Maker Allergan

      It Looks Like Bill Ackman Just Got A Huge Ally In His Fight For Botox-Maker Allergan

      Reuters is reporting that billionaire hedge fund manager John Paulson has bought 6 million shares of Allergan, or about a 2% stake.

      They're also reporting that Paulson supports an Allergan/Valeant deal.

      Paulson, who is a closely-followed fund manager, could be a big ally for Bill Ackman.

      Back in April, Ackman, the activist investor who runs $12 billion Pershing Square Capital Management, teamed up with Valeant Pharmaceuticals to pursue a hostile takeover of Allergan, the maker of Botox.

      Read Full Article
    10. Facebook's Directors Can Allegedly Pay Themselves Up To $156 Million Each In Stock (FB)

      Facebook's Directors Can Allegedly Pay Themselves Up To $156 Million Each In Stock (FB)

      Facebook's board of directors can theoretically award themselves stock worth up to $156 million per person, according to a lawsuit filed in Maryland which alleges the compensation is excessive and wasteful.

      The suit, described by Bloomberg, demands the assets be returned to the company and "meaningful limits" put on directors' ability to award their own pay. A Facebook spokesperson told Reuters, "The lawsuit is without merit and we will defend ourselves vigorously."

      Read Full Article
    11. T-Mobile's CEO Explains Why A Merger With Sprint Makes Sense

      T-Mobile's CEO Explains Why A Merger With Sprint Makes Sense

      According to multiple reports, Sprint has agreed to buy T-Mobile for $40 per share , or about $32 billion. The deal isn't official yet, but the companies will likely make a formal announcement in July or August. It's not the first time T-Mobile has gone through this dance. In 2011, the Justice Department blocked AT&T from buying T-Mobile in a $39 billion deal, saying it would reduce competition ...

      Read Full Article
    12. Carl Icahn Ups Stake In Apple By Nearly 60%

      Carl Icahn Ups Stake In Apple By Nearly 60%

      Carl Icahn disclosed some details of his positions in ebay, Herbalife and Apple this afternoon. The activist investor's latest 13-F filing lists a previously undisclosed stake in ebay worth $1.5. He also increased his Apple holdings by nearly 60% to $4 billion stake, and increased his shares in Herbalife by less than 1% to $974 million. Here's the run-down via Bloomberg: Join the conversation ...

      Read Full Article
    961-984 of 1032 « 1 2 ... 38 39 40 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