1. Articles in category: BoardNews

    7417-7440 of 8758 « 1 2 ... 307 308 309 310 311 312 313 ... 363 364 365 »
    1. Mark Cuban Testifies he was "Upset" Over Mamma.com Actions

      Mark Cuban Testifies he was "Upset" Over Mamma.com Actions

      Mark Cuban admitted in testimony he was angry when told by Mamma.com's CEO about action the company was taking that would devalue Cuban's stake in the company. But anger and insider trading are different things, and the billionaire owner of the Dallas Mavericks still had more to say when a break was called in the trial...

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    2. Board Files for Restraining Order Against Founder Who Still Comes to the Office Everyday

      Board Files for Restraining Order Against Founder Who Still Comes to the Office Everyday

      A Milwaukee nonprofit board of directors filed for a restraining order against its previous executive director, who is also the founder. The organization, called Repairers of the Breach, is, according to its website, “Greater Milwaukee’s grassroots homeless outreach, provider of the area’s only daytime refuge and resource center for homeless people.” Created in 1994, Repairers provides food, clothes, sleeping bags, shower facilities, free medical services, birth certificates, and other services for the Milwaukee homeless community...

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    3. Third Point urges Sotheby's chief executive William Ruprecht to resign

      Third Point urges Sotheby's chief executive William Ruprecht to resign

      Daniel Loeb voices concern about Sotheby's leadership and direction and criticises management for excessive spending An activist investor that has previously targeted Sony and Yahoo has turned its attention to Sotheby's and called for the resignation of the auctioneer's chief executive and chairman. Daniel Loeb's Third Point expressed concerns about Sotheby's leadership and strategic direction ...

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    4. Directors Elected with Increased Level of Shareholder Support

      Directors Elected with Increased Level of Shareholder Support

      NEW YORK, Oct. 2, 2013 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) and PwC's Center for Board Governance today released their third ProxyPulse(TM) report covering over 4,000 shareholder meetings from January 1 through June 29, 2013. It includes the finding that directors were elected with 95% of shares voted in their favor...

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    5. Fitch Downgrades J.C. Penney's IDR to 'CCC'

      Fitch Downgrades J.C. Penney's IDR to 'CCC'

      CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded the Issuer Default Ratings (IDRs) on J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. to 'CCC' from 'B-'. A full list of rating actions follows at the end of this press release. KEY RATING DRIVERS Higher than expected cash burn in 2013: The rating downgrades reflect higher than expected cash burn in 2013 and Fitch's concern that the ...

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    6. Paragon Responds to Colossal Losses at SED International

      Paragon Responds to Colossal Losses at SED International

      EASTON, Pa.--(BUSINESS WIRE)--Paragon Technologies, Inc.: October 1, 2013 Dear SED International Shareholders: On September 30, 2013, SED International Holdings (NYSE MKT:SED) announced one of its worst financial performances in its 33 year history. In 12 months, SED lost nearly $16 million. Of even greater concern is the 67% permanent loss – equivalent to $16.8 million or $3.14 per share – of ...

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    7. Sterling Financial's Board Under Investigation

      Sterling Financial's Board Under Investigation
      LOS ANGELES--(BUSINESS WIRE)--September 30, 2013 -- Binkow & Goldberg LLP is investigating potential claims against the Board of Directors of Sterling Financial Corporation ("Sterling" or the "Company") (NASDAQ:STSA) related to the proposed acquisition of the Company by Umpqua Holdings Corp. The transaction is valued at approximately $1.9 billion, and under the terms of the agreement Sterling shareholders will receive $1.671 shares of Umpqua common stock and $2.18 in cash for each share of Sterling common stock owned.
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    8. Activist Investors Go Big

      Activist Investors Go Big

      Big companies sitting on piles of cash or shelling it out to their executives better beware: activist investors are targeting you.  This year, 60% of activists’ campaigns have focused on getting companies to boost returns or shake up their board. A record 30% of the campaigns have been aimed at big companies, almost double the average over the like period for the past four years, according to FactSet SharkWatch. The data provider defines large companies as those whose market value exceeds $1 billion...

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    9. Westfield Board to Call Special Meeting

      Westfield Board to Call Special Meeting

      WESTFIELD, Mass. (WWLP) - Controversy continues over Westfield State University President Evan Dobelle's spending. The schools board of trustees is now trying to call a special meeting to determine what to do next.  WSU President Dobelle has new representation as the controversy surrounding his spending habits continues. He's hired a lawyer and a new spokesman who has some harsh words for the board of trustees...

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    7417-7440 of 8758 « 1 2 ... 307 308 309 310 311 312 313 ... 363 364 365 »
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