1. Articles in category: BoardNews

    1-24 of 8505 1 2 3 4 ... 353 354 355 »
    1. Sirius XM Agrees to Pay $3.5 Billion in Stock for Pandora to Create the World's Largest Audio-Entertainment Company

      Sirius XM Agrees to Pay $3.5 Billion in Stock for Pandora to Create the World's Largest Audio-Entertainment Company
      • Sirius XM has agreed to pay $3.5 billion for Pandora in an all-stock transaction.
      • The deal has an implied price of $10.14 a share, and includes a "go-shop" provision.
      • Watch Sirius XM and Pandora trade in real time.

      Sirius XM Holdings will acquire Pandora for $3.5 billion in an all-stock transaction, creating the world's largest audio-entertainment company, the two sides announced Monday...

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      Mentions: CEO Pandora
    2. Bonanza Creek Energy: SandRidge says Interim CEO not in Race for Top Job

      Bonanza Creek Energy: SandRidge says Interim CEO not in Race for Top Job

      (Reuters) - SandRidge Energy Inc said on Friday board member and interim Chief Executive Officer Bill Griffin would not be a candidate for the position of CEO but would continue in his role until a successor is appointed. The oil producer in February ousted its chief executive James Bennett after coming under pressure from activist investor Carl Icahn who had objected to his pay and a $746 million bid to buy rival Bonanza Creek Energy Inc late last year...

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    3. Mattress Firm Says its Own Former Executives Accepted Private-Jet Trips, Expensive Watches, and Luxurious Hotel Stays From Brokers in Exchange for Opening so Many New Stores it Spurred Conspiracy Theories

      Mattress Firm Says its Own Former Executives Accepted Private-Jet Trips, Expensive Watches, and Luxurious Hotel Stays From Brokers in Exchange for Opening so Many New Stores it Spurred Conspiracy Theories
      • Mattress Firm is frequently accused of having too many stores in the United States. But there may be more to that story than first meets the eye.
      • In October 2017, Mattress Firm filed a lawsuit against two of its former employees, a broker, and a group of developers, claiming that they conspired to push the company to aggressively expand...
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      Mentions: CEO Google lawsuit
    4. Nestle Puts Skin-Health Unit Up for Possible $8 Billion Sale -

      Nestle Puts Skin-Health Unit Up for Possible $8 Billion Sale -

      (Bloomberg) -- Nestle SA Chief Executive Officer Mark Schneider took another step toward sharpening the food giant’s portfolio, putting the company’s skin-care business with sales of 2.7 billion Swiss francs ($2.8 billion) on the block. The maker of Nescafe and KitKat said Thursday it opened a strategic review of its skin-health unit that should be complete by mid-2019. A sale could fetch as much as 8 billion francs, estimates Alain Oberhuber, an analyst at MainFirst...

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      Mentions: CEO Starbucks Sale
    5. AutoNation Chief Mike Jackson is Stepping Down

      AutoNation Chief Mike Jackson is Stepping Down
      • AutoNation Chief Executive Mike Jackson will step down after nearly two decades at the dealership.
      • He will stay on as executive chairman as the board looks for a successor.
      • Watch AutoNation trade in real time here.

      After leading the US's largest dealership chain for nearly two decades, AutoNation Chief Executive Mike Jackson will step down from the role next year. Jackson will transition from his current role to executive chairman in 2019...

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    6. The CEO of Denmark's Biggest Bank is Out After a Money Laundering Scandal that May Have involved up to $235 Billion of Payments

      The CEO of Denmark's Biggest Bank is Out After a Money Laundering Scandal that May Have involved up to $235 Billion of Payments
      • CEO of Denmark's largest bank steps down over Estonian money laundering scandal.
      • Thomas Borgen resigned after an investigation into the scandal which could have impacted €200 billion ($234 billion) of transactions.
      • Danske Bank has so far identified 6,200 customers who may have been involved in suspicious activity, undertaken via its Estonian branch...
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      Mentions: CEO risk resign
    7. Glass Lewis Recommends Voting With Wheeler Real Estate Investment Trust, Inc.

      Glass Lewis Recommends Voting With Wheeler Real Estate Investment Trust, Inc.

      VIRGINIA BEACH, Va., Sept. 19, 2018 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that Glass Lewis, a prominent proxy advisory firm, has issued its recommendation for shareholders to vote WITH THE COMPANY on its WHITE proxy card in favor of: The reelection of eight members of the Board of Directors, the full slate of the Company’s nominees; Advisory vote on the frequency of executive compensation advisory votes ...

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    8. Sempra Energy: Reaches a Truce With Activist Investors

      Sempra Energy: Reaches a Truce With Activist Investors

      After three months of public wrangling, San Diego -based Sempra Energy announced a truce Tuesday with a group of activist investors who control about 4.9 percent of the company. The most noteworthy aspect of the deal calls for adding two members to Sempra's board that boosts the number from 14 to 16. The new board members, who must be agreed upon by each side, are expected to be named within a few weeks...

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    9. Symantec Posting Notable Gain After Appointing Three New Directors

      Symantec Posting Notable Gain After Appointing Three New Directors

      MOUNTAIN VIEW (dpa-AFX) - Shares of Symantec (SYMC) are seeing notable strength in afternoon trading on Tuesday, with the cybersecurity software company climbing by 4.2 percent to its best intraday level in well over a month.The gain by Symantec comes after the company named three new independent directors to its board who were nominated by activist investor Starboard Value.Copyright RTT News/dpa-AFX...

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    10. Oracle only grew 1% last quarter, and Wall Street is starting to question whether management is up to the job (ORCL)

      Oracle only grew 1% last quarter, and Wall Street is starting to question whether management is up to the job (ORCL)
      • Wall Street analysts had a bone to pick with Oracle in notes to their clients published Tuesday, following mixed results in Oracle's first quarter FY2019 earnings on Monday.
      • Goldman Sachs lowered its price target for the database giant, while others questioned whether management is up to the task of reigniting growth.
      • Oracle reported revenue growth of just 1% year-over-year, leaving some on Wall Street feeling that transformation at the company "continues to take longer than hoped."...
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    11. Calpers Ups Pressure on Companies Over Executive Pay, Harassment -

      Calpers Ups Pressure on Companies Over Executive Pay, Harassment -

      (Bloomberg) -- The largest U.S. public pension fund is taking a tougher line over executive compensation. The California Public Employees’ Retirement System voted against pay programs this year at 43 percent of the 2,145 U.S. public firms it owns stakes in, up from 18 percent in 2017, the system said Monday. One reason is closer scrutiny, said Simiso Nzima, investment director for corporate governance...

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    1-24 of 8505 1 2 3 4 ... 353 354 355 »
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