According to global management consultancy Oliver
Wyman , banks and insurers must focus on managing
complexity better to restore sustainable profitability and transform
their business to survive in a dynamic, post-crisis industry
Optio Labs, a developer of technology products that make mobile
applications faster, smarter, safer and more secure, today named Gregg
Smith, the former Chief Executive Officer of KoolSpan Inc. and Acuity
Mobile Inc., as its new CEO.
Berkshire Hathaway Corporation (NYSE:BRK.A and BRK.B) and Leucadia
National Corporation (NYSE:LUK) today announced the appointment of
Justin Wheeler, currently Leucadia’s Chief Operating Officer, as Chief
Executive Officer of Berkadia Commercial Mortgage LLC.
The board of directors of Pfizer Inc. today declared a 28-cent
first-quarter 2015 dividend on the company’s common stock, payable March
3, 2015, to shareholders of record at the close of business on February
OPKO Health, Inc. (NYSE:OPK) and Pfizer Inc. (NYSE:PFE) announced today
that they have entered into a worldwide agreement for the development
and commercialization of OPKO’s long-acting hGH-CTP for the treatment of
growth hormone deficiency (GHD) in adults and children, as well as for
the treatment of growth failure in children born small for gestational
age (SGA) who fail to show catch-up growth by 2 years of age.
Yahoo! Inc. (NASDAQ:YHOO) today announced management has recommended and
the Board of Directors has authorized a plan for a tax-free spin-off of
the company’s remaining holdings in Alibaba Group (NYSE: BABA) into a
newly formed independent registered investment company (“SpinCo”). The
stock of the new company will be distributed pro rata to Yahoo
shareholders, resulting in SpinCo becoming a separate publicly traded
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