… command an even higher valuation. What's more the seller ( ING ) was forced by regulators to do so against its will, the ING CEO calling it a "significant destruction of capital." Spinoff & Reorg Profiles - rarely a fan of promoted IPOs - think's it …
VIENNA (Reuters) - Alpine, the Austrian unit of Spanish construction group FCC , will hold talks with its owners on how to meet its financing needs and has many options open, Chief Executive Arnold Schiefer said.
… strong staff and (per a company memo ) is giving the oft-criticized local news unit a new CEO . Patch COO Steve Kalin is the division's new chief; current CEO Jon Brod will return to AOL Ventures. AOL asserts the changes are aimed at improving content …
… Ubiquiti ( UBNT ) -5.9% AH after filing to sell 7.7M shares on behalf of existing shareholders through a public offering. CEO /NBA owner Robert Pera will be selling 1.7M shares, lowering his stake to 64.4% from 66.4%. Investment firm Summit …
QLogic ( QLGC ) CEO Simon Biddiscombe has resigned from his position ..... opportunities." CFO Jean Hu has been named interim CEO while a search commences for a replacement. Biddiscombe became CEO in Nov. 2010, after serving as CFO for two years …
NEW YORK, May 17 (Reuters) - A former chief executive of a financial firm who pleaded guilty to charges stemming from a probe into bid-rigging in the municipal bond market was sentenced …
May 17 (Reuters) - An activist hedge fund has urged Swedish oil and gas company Petrogrand AB to drop exploration activities in Russia, explore strategic alternatives and replace its chief executive , according to a letter from the fund to the company's board of directors.
… Quiksilver's dramatic recent stock price appreciation (+347% since its July '12 lows) was driven by the announcement of a new CEO and CFO along with the recognition that the company has been significantly undermanaged. Although Quiksilver is currently way …
May 18 (Reuters) - Sony Corp plans to appoint Chugai Pharmaceutical Co Chief Executive Osamu Nagayama as chairman, the Nikkei reported.
Invesco Mortgage ( IVR ) CEO Richard King added a bit more than 10% to his stake in the company yesterday, purchasing 5K shares at $19.92 each. The stock …