NEW YORK— Allegiant Travel said Wednesday that President and Chief Operating Officer Andrew Levy resigned his executive roles and will step down from the board of directors. He has been with the company for 13 years, and has been president of Allegiant since 2009. Allegiant said Chairman and CEO Maurice Gallagher Jr. will share Levy's duties with executive...» Read More
LONDON, Oct 1- Britain's financial watchdog has launched a full investigation into the Tesco accounting scandal that has now wiped 4 billion pounds from the troubled grocer's stock market value.
LONDON, Oct 1- Britain's financial watchdog has launched a full investigation into the accounting scandal at Tesco which wiped 3 billion pounds from the troubled British grocer's stock market value last month.
LONDON, Oct 1- Tesco said Britain's financial watchdog had started a full investigation into the company in the wake of an accounting scandal which wiped 3 billion pounds from the British grocer's stock market value last month.
Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance-Boots acquisition, but the drugstore chain's results still met Wall Street expectations.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston left McGraw Hill Financial in July. Eccleston has also previously worked at Thomson Reuters Corp predecessor Thomson Financial, and at Bloomberg LP.
TORONTO, Sept 29- TMX Group Ltd named Lou Eccleston as its new chief executive officer, the Toronto Stock Exchange operator said on Monday, after a lengthy global search to replace retiring CEO Tom Kloet. Eccleston previously worked at McGraw Hill Financial, Thomson Reuters Corp predecessor Thomson Financial, and Bloomberg LP.
American Apparel said it hired Scott Brubaker of turnaround firm Alvarez & Marsal as interim chief executive months after ousting founder Dov Charney.
Sept 29- Struggling apparel retailer American Apparel Inc said it had hired Scott Brubaker, a managing director at turnaround firm Alvarez& Marsal, as interim chief executive, three months after ousting controversial CEO and founder Dov Charney.
BENTONVILLE, Ark.— Wal-Mart Stores Inc. is adding Instagram co-founder and CEO Kevin Systrom to its board of directors. Wal-Mart Chairman Rob Walton said the move is in part to help expand the company's e-commerce offerings. Wal-Mart Stores shares fell 40 cents to $76.09 in morning trading as the overall market sagged.
Sept 29- American Apparel Inc said it hired Scott Brubaker, a managing director at turnaround firm Alvarez& Marsal, as interim chief executive, three months after ousting its CEO and founder Dov Charney. The company also named Hassan Natha, a former Nike Inc executive, as chief financial officer.
Wall Street Journal special writer Greg Zuckerman reports Pimco founder Bill Gross became borderline "nasty and eccentric" recently, and provides insight to what led to Gross leaving the company to work at Janus Capital.
CNBC's Dominic Chu provides insight to the ripple effects at Pimco and the market after news founder Bill Gross announced he is leaving the company.
CNBC's Andrew Ross Sorkin reports Pimco is working on assuring clients the firm has a solid team in place to manage its funds, despite founder Bill Gross' departure.
Lemierre, 64, was the bank's key negotiator in the record $8.9 billion fine it paid this year for violating U.S. sanctions.
PARIS, Sept 26- BNP Paribas said on Friday its board had named Jean Lemierre, a former head of Europe's reconstruction bank, as the new chairman of France's biggest lender.
PARIS, Sept 26- BNP Paribas said on Friday its board had proposed Jean Lemierre, a former head of Europe's reconstruction bank, as the new chairman of France's biggest lender.
Sept 26- T. Rowe Price, the second largest shareholder in Allergan Inc, said on Friday that it wants the company to hold off on making major moves before a Dec. 18 special shareholder meeting, and criticized the board's corporate governance.
Dan Ivascyn, Pimco's current deputy chief investment officer, will succeed Bill Gross and take over portfolio management at Pimco, according to a report from Dow Jones.
PHILADELPHIA— Car repair chain Pep Boys said President and CEO Mike Odell has resigned, effective immediately. Odell joined The Pep Boys- Manny, Moe& Jack in September 2007 as a chief operating officer. Pep Boys shares fell 8 cents to $9.45 in morning trading Friday after the company announced the resignation.
TORONTO/ CHICAGO, Sept 25- The turnaround specialist who had signed on to run Sears Holdings Corp's Canadian business is resigning for personal reasons, the struggling U.S. retailer said on Thursday, the same day a major shareholder said it was no longer interested in contributing to a loan.
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