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    1. A Bunch Of High-Powered Shareholders Are Not Happy With Oracle's New Co-CEO Pay

      A Bunch Of High-Powered Shareholders Are Not Happy With Oracle's New Co-CEO Pay

      Five bigwig institutional shareholders want to force Oracle to make radical changes to the way it pays it top three executives: executive chairman and CTO Larry Ellison and co-CEOs Safra Catz and Mark Hurd. They are concerned that Oracle's board of directors isn't independent enough from management and "insufficient board accountability and poorly designed compensation programs create ...

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    2. Carl Icahn: Now PayPal Needs To Buy Or Merge With Another Payments Company

      Carl Icahn: Now PayPal Needs To Buy Or Merge With Another Payments Company

      After urging eBay to spin off its PayPal business for months, activist investor Carl Icahn is happy about the "no brainer" decision to move forward with a split, but he has some more advice for PayPal, according to his latest blog post . He thinks the next step is for PayPal to help consolidate the payments industry through an acquisition or a merger, if it wants to really get ahead in payments ...

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      Mentions: acquisition
    3. Vanguard, BlackRock May Reap Billions From Pimco After Gross Exit

      Vanguard, BlackRock May Reap Billions From Pimco After Gross Exit

      NEW YORK/BOSTON - Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds. His new company, Janus Capital Group Inc , may see Gross's cachet attract tens of billions of dollars, investors and analysts said...

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    4. Companies With Women On The Board Crush Companies That Are Only Men

      Companies With Women On The Board Crush Companies That Are Only Men

      Companies that have female directors out perform those that only have men.  A Credit Suisse report found that, overall, companies with a market cap greater than US$ 10 billion that have at least one woman on the board of directors outperformed those that had no women at all by 26% for large caps over the six years leading up to 2011...

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      Mentions: Chairman
    5. Meet New Oracle Co-CEO Safra Catz, The Highest-Paid Female Executive In The World

      Meet New Oracle Co-CEO Safra Catz, The Highest-Paid Female Executive In The World

      Safra Catz, who was co-president and CFO of Oracle until Thursday, has just been promoted to co-CEO β€” alongside Mark Hurd β€” after its founder and longtime CEO Larry Ellison announced he’s stepping down to the Executive Chairman position. Oracle said in a statement that Catz will be responsible for all manufacturing, finance, and legal decisions, while Hurd will be in charge of sales, service ...

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      Mentions: CEO Chairman
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