Corporate Governance

The Penny Drops on Verizon’s Acquisition of Yahoo

Posted: December 11, 2018 at 1:00 pm

In a filing with the U.S. Securities and Exchange Commission Tuesday morning, Verizon Communications Inc. (NYSE: VZ) said that it plans to take a non-cash goodwill impairment charge of $4.6 ...
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CBS Shareholders Meet, Moonves Golden Parachute at Stake

Posted: December 11, 2018 at 9:55 am

At Tuesday's CBS Corp. (NYSE: CBS) annual shareholders meeting at New York's Metropolitan Museum of Art, attendees threaded their way through protesters gathered outside who were demanding that the company ...
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Bunge CEO Latest Casualty of Investor Activism

Posted: December 10, 2018 at 11:25 am

Grain trading house Bunge Ltd. (NYSE: BG) announced Monday that CEO Soren Schroder will step down as soon as the company finds a replacement. Kathleen Hyle will immediately assume the ...
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Gilead Looks to Add a New CEO

Posted: December 10, 2018 at 8:50 am

Gilead Sciences Inc. (NASDAQ: GILD) shares made a slight gain early on Monday after the firm announced that there would be a big change at the top, and this executive ...
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Carlos Ghosn Remains in Jail Following Japanese Indictments

Posted: December 10, 2018 at 7:55 am

Less than a month ago, Nissan Chairman and CEO Carlos Ghosn and his aide, Greg Kelly, were detained by Japanese authorities on allegations of financial misconduct. Since then, Ghosn has ...
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6 Most Important Things in Business Today

Posted: December 10, 2018 at 4:58 am

Car executive Carlos Ghosn finally has been charged. According to Reuters: Tokyo prosecutors officially charged ousted Nissan Motor chairman Carlos Ghosn on Monday for under-reporting his income and extended his ...
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Facebook Raises Share Buybacks by $9 Billion

Posted: December 8, 2018 at 8:10 am

As Facebook Inc. (NASDAQ: FB) shares continue their brutal sell-off, the company's board has increased its share buyback pool by $9 billion. The board set up a $15 billion facility ...
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SEC Settles Up With Big Celebrities Over Promoting Crypto

Posted: November 30, 2018 at 10:45 am

The U.S. Securities and Exchange Commission (SEC) recently announced that it has settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for ...
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Renault, Nissan, Mitsubishi ‘Fully Committed’ to Alliance Despite Ghosn Arrest

Posted: November 29, 2018 at 8:25 am

In a terse statement issued Thursday morning following a meeting in Amsterdam, the boards of directors of Groupe Renault, Nissan Motor and Mitsubishi Motors, collectively known as the Alliance, said ...
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6 Most Important Things in Business Today

Posted: November 28, 2018 at 4:28 am

President Trump said he would cut subsidies to General Motors Co. (NYSE: GM) after it said it would close or cut production at several U.S. plants. According to The Wall ...
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Why United Technologies Finds That Breaking Up Is Not So Hard to Do

Posted: November 27, 2018 at 8:00 am

United Technologies Corp. (NYSE: UTX) announced after markets closed on Monday that it has completed its acquisition of Rockwell Collins and now plans to separate itself into three new publicly ...
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High Debt Maturities Bring Risk to the Endless Stock Buyback Addiction After 2018

Posted: November 27, 2018 at 6:45 am

Now that 2018 is nearing an end, it is a serious time for investors to start thinking about expectations in 2019 rather than looking back at how choppy 2018 has been. ...
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Newell Brands Adds a New Executive to the Mix

Posted: November 26, 2018 at 11:20 am

Newell Brands Inc. (NYSE: NWL) shares shot up on Monday after the company announced that it would be shuffling the deck at the executive level. The company announced that it ...
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6 Most Important Things in Business Today

Posted: November 26, 2018 at 5:05 am

Another of the car companies that auto legend Carlos Ghosn chairs has kicked him out. According to Reuters: Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from ...
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GE Power Reorg: Reshuffling Deck Chairs on the Titanic

Posted: November 19, 2018 at 10:08 am

When General Electric Co. (NYSE: GE) announced quarterly results on October 30, the company said it was reorganizing its faltering Power segment in a move to speed up both operating ...
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