Corporate Governance

The Penny Drops on Verizon’s Acquisition of Yahoo

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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