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    1. In Europe, Misbehaving CEOs Pay Millions in Fines and Go to Jail, and We Need to Start Doing the Same in the US

      In Europe, Misbehaving CEOs Pay Millions in Fines and Go to Jail, and We Need to Start Doing the Same in the US
      • There have been a number of recent cases in which high-profile CEOs have been publicly penalized with fines and jail-time by European governments.
      • CEOs that are guilty of similar transgressions have been held less accountable in the U.S.
      • America would arguably benefit from adopting the European approach, forcing the government to play a more judicious role in punishing offending businesspeople...
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    2. Vodafone's CEO Announces his Departure Less Than a Week After Making $22 Billion Deal With 'Cable Cowboy' John Malone

      Vodafone's CEO Announces his Departure Less Than a Week After Making $22 Billion Deal With 'Cable Cowboy' John Malone
      • Long-serving Vodafone CEO Vittorio Colao is to step down in October this year.
      • He will be succeeded by the telecoms firm's current chief financial officer, Nick Read.
      • The announcement of Colao's departure comes less than a week after Vodafone announced a $22 billion deal with Liberty Global.

      LONDON —Vodafone announced on Tuesday that long-serving CEO Vittorio Colao will step down later this year...

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    3. Angry Shareholders Rail Against Under Armour for Being Uncool

      Angry Shareholders Rail Against Under Armour for Being Uncool
      • Under Armour hosted its annual shareholders' conference on Wednesday.
      • The company's executive team was questioned by the audience on topics related to its work on improving its reputation with younger consumers and women.
      • "How are you actually trying to design and make things that your customers want?" one shareholder asked.

      Under Armour's executive team was peppered with hard question from shareholders on Wednesday...

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    4. Another Facebook Investor Turned up the Heat on Mark Zuckerberg for Running the Company Like a 'Dictatorship'

      Another Facebook Investor Turned up the Heat on Mark Zuckerberg for Running the Company Like a 'Dictatorship'

      Reuters

      • Another Facebook shareholder has called on the company to overhaul its governance after the Cambridge Analytica data scandal.
      • The California State Teachers' Retirement System said Facebook's dual-class share structure means the firm operates like a "dictatorship."
      • Other shareholders have called on CEO Mark Zuckerberg to resign as chairman because he has too much control over the company...
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      Mentions: Investment CEO IPO
    5. Japan's Takeda Seals $62 Billion Takeover of Adderall Maker Shire

      Japan's Takeda Seals $62 Billion Takeover of Adderall Maker Shire

      Reuters

      • Japan's Takeda reaches a deal to buy London-listed Shire for $61.5 billion after weeks of negotiations.
      • Shareholders still need to approve the deal and Shire shares are trading at below the offer price, suggesting shareholders could have reservations about the deal.

      Takeda Pharmaceutical agreed to buy London-listed Shire for £45.3 billion ($61.50 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to $30.33 to secure a recommendation...

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    6. Tesla is on the Brink of a Major shift that will Completely Change How its Stock Trades

      Tesla is on the Brink of a Major shift that will Completely Change How its Stock Trades
      • Tesla chief executive officer Elon Musk has long been an outspoken critic of short seller behavior that's made his company the most shorted in the US equity market.
      • Financial analytics firm S3 Partners has compiled data to suggest it's getting much more difficult to short Tesla, and it explains how this could permanently alter how the stock is traded.

      If you pay attention to Elon Musk's public comments — or simply follow him on Twitter — then you know he loathes traders who short Tesla's stock...

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      Mentions: CEO Alphabet Amazon
    7. Nestle to Pay $7.15 Billion to Get into Starbucks' Coffee Business

      Nestle to Pay $7.15 Billion to Get into Starbucks' Coffee Business

      Reuters/Kim Hong-Ji

      • Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain's products around the world in a global alliance aimed at reinvigorating their coffee empires.
      • The deal on Monday for a business with $2 billion in sales reinforces Nestle's position as the world's biggest coffee company tries to fortify its place atop a fast-changing market...
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    8. Zynga Founder Mark Pincus is Giving up his 70% Voting Control of the Company

      Zynga Founder Mark Pincus is Giving up his 70% Voting Control of the Company
      • Zynga founder Mark Pincus announced in a Medium post Wednesday that he is stepping down from his executive chairman role at the gaming company and converting his super voting shares into ordinary shares.
      • The decision to scrap the dual class stock structure is an unexpected move, at a time when tech founders from Mark Zuckerberg to Evan Spiegel are holding on to power with super voting stock...
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      Mentions: CEO IPO CFO
    9. Tesla Shareholders Could Oust Elon Musk as Chairman

      Tesla Shareholders Could Oust Elon Musk as Chairman

      Tesla shareholders will vote in June on whether or not Elon Musk should be the chairman.

      • One shareholder requested this vote.
      • The shareholder suggested Musk be an independent director.

      When Tesla holds its 2018 Annual Meeting of Stockholders on June 5, shareholders will be asked to vote on a proposal by one stockholder that the company’s chair be an independent director, not Elon Musk, who has been chairman since 2004 and is also the chief executive officer...

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    10. 24 Mind-Blowing Facts About Warren Buffett and His $84.7 Billion Fortune

      24 Mind-Blowing Facts About Warren Buffett and His $84.7 Billion Fortune

      Warren Buffett, the chairman and CEO of Berkshire Hathaway, has a net worth of $84.7 billion.

      • Buffett is a generous philanthropist having given away more than $27 billion in the last decade.
      • The billionaire is known for his frugal habits, like his daily McDonald's breakfast and insistence on using a flip phone...
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    11. How Warren Buffett's Annual Q&A Meetings Exploded to Become a Must-Go Extravaganza for Berkshire Hathaway Shareholders Around the World

      How Warren Buffett's Annual Q&A Meetings Exploded to Become a Must-Go Extravaganza for Berkshire Hathaway Shareholders Around the World
      • On May 5, Warren Buffett will once again host thousands of shareholders who flock to Omaha for a chance to listen to him answer questions for several hours and maybe get to ask one.
      • The annual pilgrimage had more modest beginnings in the lunchroom of one of Berkshire Hathaway's subsidiaries...
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    12. Investors are Angry with Botox-Maker Allergan — and They're Trying to Get an Activist Involved to Shake It Up

      Investors are Angry with Botox-Maker Allergan — and They're Trying to Get an Activist Involved to Shake It Up
      • Some of Allergan's top shareholders have approached potential activist investors to gauge their interest in pushing for change at the Botox-maker, according to people familiar with the matter.
      • Allergan's shares are down 33% in the last year, compared to a 7% rise for the Nasdaq Biotech Index.
      • Allergan is set to report earnings on April 30...
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    13. NBC-Owner Comcast Gatecrashes Fox's Takeover of Sky With a £22 Billion Bid

      NBC-Owner Comcast Gatecrashes Fox's Takeover of Sky With a £22 Billion Bid
      • Comcast made official a £22 billion bid for Britain's Sky
      • 21st Century Fox, which owns 40% of Sky, has been trying to buy the remaining stake since the end of 2016 but has faced repeated regulatory hurdles.
      • Comcast's offer is a 16% premium to 21st Century Fox's most recent bid.
      • Sky's board withdraws their support for a Fox bid in response to Comcast offer...
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    14. Netflix CEO Reed Hastings’ Pay Rose to $24.4 Million Last Year, Amid a Period of Great Growth for the Company

      Netflix CEO Reed Hastings’ Pay Rose to $24.4 Million Last Year, Amid a Period of Great Growth for the Company

      Netflix CEO Reed Hastings saw his pay rise five percent to $24.4 million in 2017, the company disclosed in a regulatory filing on Monday. Netflix’s chief creative officer, Ted Sarandos, also saw his total compensation package rise 18.5 percent from $18.9 million in 2016 to $22.4 million last year. Netflix’s executive pay increases came amid a period of great growth for the company...

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    15. 'Losing direction': Allergan Investors are Unhappy After a Wild 4 Hour Takeover Drama

      'Losing direction': Allergan Investors are Unhappy After a Wild 4 Hour Takeover Drama
      • Allergan's stock closed down 4% on Thursday, after the pharma giant said it was "in the early stages of considering a possible offer" for UK-listed Shire, only to say four hours later that it wouldn't make an offer.
      • The drama extends what's been a tough year for the Botox-maker, with the stock vastly underperforming the broader biotech index...
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    16. Marissa Mayer Blames Short-Sighted Activist Investors for Causing Yahoo to Lose out on Tens of Billions of Dollars of Upside by Selling Alibaba Stake

      Marissa Mayer Blames Short-Sighted Activist Investors for Causing Yahoo to Lose out on Tens of Billions of Dollars of Upside by Selling Alibaba Stake
      • In her first interview since leaving Yahoo, Marissa Mayer said selling the company's stake in Alibaba was a mistake.
      • Mayer blamed shortsighted activist investors for pressuring the company to do the deal.
      • Yahoo sold half of its 40% stake in Alibaba for $7.6 billion in 2012. Yahoo obtained the entire stake for $1 billion in 2005.

      Before Yahoo was swallowed up by Verizon, it was a struggling internet company led by CEO Marissa Mayer, trying to bring back its glory days...

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    17. VMware Shareholders are Winning Their Battle to Block Michael Dell's Push for a Reverse Merger

      VMware Shareholders are Winning Their Battle to Block Michael Dell's Push for a Reverse Merger
      • VMware shares soared on Monday on word that Michael Dell is ready to abandon his reverse merger plan between VMware and Dell Technologies.
      • Shareholders were in open revolt, and Wall Street analysts were openly negative about the prospect of the deal.
      • Employees weren't thrilled either, and neither were VMware's hardware partners that compete with Dell, according to reports.
      • The deal would have been huge, and would have given Dell a non-traditional path to going public again...
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    18. Facebook Investors Want to Seize a Golden Opportunity to Fire Mark Zuckerberg as Chairman

      Facebook Investors Want to Seize a Golden Opportunity to Fire Mark Zuckerberg as Chairman
      • A second Facebook investor wants Mark Zuckerberg out as chairman.
      • Zuckerberg controls Facebook thanks to the way the company's stock is structured, meaning he has final say on the future direction of the company.
      • That's frustrating for activist investors who watched the Cambridge Analytica scandal wipe $60 billion off the firm's market cap over the past few weeks.
      • Now is a golden opportunity for those investors to gang up and call for Zuckerberg to step down...
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    19. Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger

      Cbs Ceo Les Moonves Could Make up to $280 Million if Shari Redstone Fires Him Over Embattled CBS-Viacom Merger
      • CBS CEO Leslie Moonves could reportedly make up to $280 million if he is fired over an embattled potential merger between CBS and Viacom, Bloomberg reported.
      • CNBC reported on Wednesday that Shari Redstone, the controlling shareholder of CBS and Viacom, was "likely" to remove Moonves as the head of CBS if merger negotiations between CBS and Viacom fell through.
      • Moonves' contract entitles him to $150 million if he is fired before its expiration in 2021, Bloomberg reported...
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      Mentions: CEO Merger Bloomberg
    20. Former House Speaker John Boehner is Joining the Board of a Marijuana Company — and an Analyst is Calling it a 'Monumental Event'

      Former House Speaker John Boehner is Joining the Board of a Marijuana Company — and an Analyst is Calling it a 'Monumental Event'
      • Former House Speaker John Boehner is joining the board of Acreage Holdings, a firm that owns marijuana cultivation facilities and dispensaries in 11 states.
      • Boehner said his thinking about cannabis legalization has "evolved."
      • It's a watershed moment for the cannabis industry — analysts say it will perk up investor interest in a sector that could see $75 billion in revenue by 2030....
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    21. The SEC is Accusing a Startup Founder of Stealing $48 Million from Investors to Fund Private Jets and a Dairy Cow Farm

      The SEC is Accusing a Startup Founder of Stealing $48 Million from Investors to Fund Private Jets and a Dairy Cow Farm
      • Mozido founder Michael Liberty has been charged with allegedly scheming to defraud investors and misappropriating funds, according to the Securities and Exchange Commission.
      • Liberty, along with his wife and several associates, allegedly raised $55 million from investors using fictitious financial information and shell companies...
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      Mentions: Investors SEC Hess
    22. Deutsche Bank Wants to Add the Former CEO of Merrill Lynch to its Board

      Deutsche Bank Wants to Add the Former CEO of Merrill Lynch to its Board

      Reuters/ Shannon Stapleton

      • Former Merrill Lynch CEO John Thain is being nominated to the supervisory board of Deutsche Bank.
      • Deutsche Bank announced two other new nominees, Mayree Clark, founder and managing partner of Eachwin Capital, and Michele Trogni, previously group chief information officer at UBS .

      FRANKFURT (Reuters) - Former Merrill Lynch CEO John Thain is being nominated to the supervisory board of Deutsche Bank , Germany's largest lender said on Wednesday...

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    23. LongFin is under investigation — but investors aren't giving up yet

      LongFin is under investigation — but investors aren't giving up yet

      Longfin

      • Shares of Longfin (LFIN) dropped 17% Monday to $14.31.
      • LFIN was removed last week from Russell indexes, including the Russell 2000.
      • Several law firms have opened investigations into Longfin for violating federal securities laws.

      It’ll take many more sell-offs and the collapse of many more iffy stocks before this hyper-enthusiasm, after nine years of central bank nurturing, is finally wrung out of the market.

      Read Full Article
      Mentions: Investors CEO SEC
    49-72 of 1138 « 1 2 3 4 5 6 ... 46 47 48 »
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