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Posts related to ‘Management Change’

What To Expect As Warren Buffett Battles Prostate Cancer (BRK-A, BRK-B, AXP, KO, KFT, PG, WFC)

Posted: April 17, 2012 at 5:46 pm

Warren Buffett is supposed to be invincible.  Unfortunately the world is finding out that this is not the case.  A disclosure letter came from Mr. Buffett and Berkshire Hathaway Inc. ...
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SIRIUS vs. Stern… Another Round of Another Fight (SIRI)

Posted: April 17, 2012 at 11:46 am

SIRIUS XM Radio Inc. (NASDAQ: SIRI) appears to have won at least one argument in the efforts of and around Howard Stern. Today's news may just feel like another round ...
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New Ponzi Scheme Targeted Church Congregations

Posted: April 12, 2012 at 12:06 pm

Bernie Madoff was the ultimate scum if you consider the size, time period and numbers of clients that his Ponzi scheme damaged.  It was billions of dollars lost.  There may ...
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J.C. Penney CFO Forced Out (JCP, AAPL, ANF)

Posted: April 11, 2012 at 11:01 am

The new CEO of J. C. Penney Company, Inc. (NYSE: JCP) has been making many changes at the retail giant.  Ron Johnson is trying to bring in some of his ...
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Best Buy CEO Fired, As 24/7 Wall St. Suggested

Posted: April 10, 2012 at 9:47 am

24/7 Wall St. has said for over a year that Best Buy (NYSE: BBY) could not be turned around under incompetent CEO Brian Dunn. Clueless Best Buy founder Richard M. ...
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Avon Nabs CEO from J&J (AVP, JNJ)

Posted: April 9, 2012 at 8:31 am

The board of directors of Avon Products Inc. (NYSE: AVP) have named Sherilyn McCoy as the company’s new CEO. McCoy has spent virtually her entire professional career with Johnson & ...
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National Employee Morale Day Hits Yahoo!… Layoffs Confirmed (YHOO)

Posted: April 4, 2012 at 9:37 am

Yahoo! Inc. (NASDAQ: YHOO) has confirmed the big secret that most financial and employment readers already knew was coming soon.  The layoffs have been confirmed.  Yahoo! is talking about reshaping ...
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A Financial Reality Check For Diamond Foods (DMND)

Posted: April 3, 2012 at 5:34 pm

There is a good reality check today for anyone considering whether or not they should be committing capital to invest in Diamond Foods, Inc. (NASDAQ: DMND).  The nuts and snacks ...
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ChinaCast, From Troubled To Dysfunctional (CAST)

Posted: April 2, 2012 at 12:43 pm

ChinaCast Education Corporation (NASDAQ: CAST) is one of the Chinese companies where investors might not be best served by management.  Infighting at the board of director level appears to be ...
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Time to Fire Groupon’s CFO

Posted: April 2, 2012 at 6:39 am

Groupon (NASDAQ: GRPN) has been humiliated by several financial mistakes that have rattled investor confidence to the core. The responsibility belongs at someone’s feet, and that someone is Groupon’s chief financial officer, ...
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JCPenney’s Shameless Board Rewards Departing CEO

Posted: April 2, 2012 at 6:38 am

JCPenney’s (NYSE: JCP) former chief executive, Myron E. Ullman, III, was pushed out of the company. As a reward for an awful performance in his job, the the retailer’s board gave ...
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Past Failure as a Key to Future Trouble: Google, Best Buy and RIM

Posted: March 30, 2012 at 6:24 am

Three companies recently announced plans to improve their fortunes. Google (NASDAQ: GOOG) will launch its own tablet PC to challenge the Apple (NASDAQ: AAPL) iPad, the Wall Street Journal reports. ...
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BATS Supports But Demotes CEO After IPO SNAFU

Posted: March 28, 2012 at 8:48 am

BATS Global Markets, Inc. sent out a press release last night to the media that sounds as though it is a passing of a vote of confidence.  It is actually ...
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Sears Loses Marketing Chief (SHLD)

Posted: March 27, 2012 at 2:43 pm

After just five months on the job, Sears Holding Co. (NASDAQ: SHLD) marketing head Monica Woo has left the company. She is moving to privately held Mozido, a provider of ...
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The Management Gap at First Solar (FSLR)

Posted: March 23, 2012 at 11:33 am

First Solar, Inc. (NASDAQ: FSLR) has been one of the worst performing stocks out there over the last year.  Michael Ahern is searching for a new CEO after a departure ...
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