1. Articles in category: BoardNews

    25-48 of 8363 « 1 2 3 4 5 ... 347 348 349 »
    1. California May Mandate a Woman in the Boardroom, But Businesses are Fighting It

      California May Mandate a Woman in the Boardroom, But Businesses are Fighting It

      California is moving toward becoming the first state to require companies to have women on their boards –assuming the idea could survive a likely court challenge. Sparked by debates around fair pay, sexual harassment and workplace culture, two female state senators are spearheading a bill to promote greater gender representation in corporate decision-making...

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    2. The Strange Story of a Goldman Sachs Whistleblower Who's Taking Aim at Top Execs' Dealmaking

      The Strange Story of a Goldman Sachs Whistleblower Who's Taking Aim at Top Execs' Dealmaking
      • Christopher Rollins, a 16-year veteran of Goldman Sachs, sued the bank this week over his termination.
      • Rollins claimed he was unfairly terminated over his role in a series of transactions involving an unnamed financier who had legal issues in the past. He's seeking $50 million in damages.
      • The lawsuit set tongues wagging on Wall Street and in the City of London, given that it names several of Goldman Sachs' most senior staff in London...
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    3. Hedge Fund Third Point Calls for Sale of Campbell Soup

      Hedge Fund Third Point Calls for Sale of Campbell Soup

      Billionaire investor Daniel Loeb and fellow Campbell Soup Co shareholder George Strawbridge on Thursday called for a sale of the iconic U.S. food company best known for its canned soups, according to a regulatory filing. The joint effort, first reported by Reuters earlier on Thursday, could prove difficult as descendants of former Campbells Soup Chairman John Dorrance own a combined stake of about 41 percent in the company...

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    4. Rite Aid and Albertsons Have Called Off Their $24 Billion Merger

      Rite Aid and Albertsons Have Called Off Their $24 Billion Merger
      • Pharmacy chain Rite Aid and grocer Alberstons have called off their $24 billion merger shortly after a shareholder advisory firm opposed the deal.
      • The U.S. grocer had hoped that the deal, which was seen as part of a wave of consolidation in the drug retailing sector, would help Albertsons become a formidable competitor to CVS Health and Walgreens.
      • Rite Aid fell as much as 11% Thursday morning on the news...
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    5. Video of Redstone Patriarch to be Reviewed in CBS Legal Battle

      Video of Redstone Patriarch to be Reviewed in CBS Legal Battle

      NEW YORK (Reuters) - A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp, can be reviewed in the U.S. broadcast and media company's legal battle against the family, a Delaware judge ruled on Wednesday. Redstone, however, will not be required to give testimony, the judge decided...

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    6. Cigna’s Express Scripts Deal Could Lead to Higher Prices for Consumers

      Cigna’s Express Scripts Deal Could Lead to Higher Prices for Consumers

      In an open letter released Tuesday, Carl Icahn has taken issue with Cigna’s planned acquisition of pharmacy-benefits manager Express Scripts Holding Company. The billionaire activist shareholder called the price tag “ridiculous.” But critics say consumers could also end up overpaying if the deal goes through. Cigna CI, +0.97% announced in March that it planned to purchase Express Scripts ESRX, +1.69% for $54 billion in cash and stock. The deal has a total transaction value of $67 billion...

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      Mentions: CEO Carl Icahn Amazon
    7. Morgan Stanley: Big banks like JPMorgan have huge 'key man' risk

      Morgan Stanley: Big banks like JPMorgan have huge 'key man' risk
      • Morgan Stanley analysed "key man" risk, looking at the damage that might be done if an influential CEO suddenly steps down.
      • Asset managers, software companies, and large-cap banks have the highest risk, according to the study.
      • The possible departure of JPMorgan CEO Jamie Dimon was highlighted as significant key man risk in the banking sector.

      Big banks and software companies are among the most exposed to "key man" risk, according to a recent note from Morgan Stanley...

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      Mentions: Management CEO CFO
    25-48 of 8363 « 1 2 3 4 5 ... 347 348 349 »
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