Dec 4- Barrick Gold Corp, under fire for missteps in a tough market, started to address investor demands for a more independent board on Wednesday, by replacing two directors close to its departing founder with a pair of mining industry experts.» Read More
Wal-Mart Stores Inc. said Friday that its board named Pamela Craig, a former chief financial officer at Accenture, as a director. Shares of Bentonville, Ark.- based Wal-Mart slipped 8 cents to $79.73 in after-hours trading. They closed at $79.81 Friday.
Duke Energy said Friday that its board elected former U.S. ambassador William Kennard as a director of the power company, effective Jan. 1. "Bill Kennard's deep federal regulatory and international experience, combined with his previous board experience, represent valuable additions to Duke Energy's existing board," said the board's lead director Ann Gray.
NEW YORK, Nov 21- Blackstone Group LP said Thursday it had hired David Calhoun, chief executive of television ratings company Nielsen Holdings NV, to work with the bosses of the private equity firm's companies in order to deliver more value.
Nov 20- MapR, which sells software for analyzing big data, named Dan Alter as its first chief financial officer as it prepares for a possible initial public offering. Alter helped to take Ikanos Communications Inc and Silicon Image Inc public as CFO.
LONDON, Nov 18- Capita Chief Executive Paul Pindar is to quit Britain's largest outsourcing company in early 2014, leaving after 26 years as the sector faces up to greater scrutiny and possibly tougher times ahead.
Annual performance reviews are despised by employees and managers alike. Here's what some big employers like Microsoft are doing about it.
NEW YORK/ BOSTON, Nov 14- American boardrooms are looking grayer than ever.
Cvent founder and CEO Reggie Agrawal discusses the huge opportunities for a cloud planning platform in the meetings and events industry. "Attendees are demanding mobile apps," he says.
CLSA analyst Mike Mayo says companies need a strategy and metrics by which to judge it, which he doesn't see from Bank of America.
MILAN, Nov 13- Italian airline Alitalia is likely to extend the deadline for subscribing to a capital increase at Wednesday's board meeting to give major shareholder Air France-KLM more time to sign up.
LONDON, Nov 12- The European Union is seeking to increase its influence over global accounting standards by beefing up the agency that scrutinises new rules and in certain cases tweaking how they are applied in the bloc. The book-keeping standards, the bedrock of markets, are written by the International Accounting Standards Board.
Nov 11- Network equipment maker Emulex Corp will buy $200 million of its shares and reconstitute its board, following pressure from two of its major shareholders. Activist hedge fund Starboard Value LP and Altai Capital had been agitating to include shareholder advocates on the Emulex board.
Writing skills of college graduates and MBAs are coming up short, and employers aren't happy. Here's what they are doing about it..
TORONTO, Nov 8- Barrick Gold Corp signaled on Friday that founder and Chairman Peter Munk will step down sometime before the company's annual meeting next year, a move that would follow prolonged investor pressure for changes on the gold miner's board.
TORONTO, Nov 8- Barrick Gold Corp indicated on Friday that its founder and Chairman Peter Munk is likely to step down from his post by the time of the company's annual meeting next year.
*3rd- qtr adjusted profit $17.30/ shr vs estimate $16.15. Nov 7- Priceline.com, the online travel agency known for its name-your-own price auction, posted a higher-than-expected quarterly profit on Thursday as bookings increased.
Who is the best candidate to succeed Microsoft's CEO Steve Ballmer? CNBC's Jon Fortt, and Rocky Agrawal, reDesign Mobile principal analyst.
MOSCOW, Nov 5- Russia's largest carmaker Avtovaz has appointed former General Motors Co. executive Bo Andersson as its first foreign boss. Andersson replaces Avtovaz chief executive Igor Komarov, who has run the company since 2009. Komarov is leaving to join Russia's space agency.
SAN FRANCISCO, Oct 31- A majority of shareholders opposed Oracle's executive compensation, including Chief Executive Larry Ellison's pay, in a non-binding vote on Thursday following complaints that the world's third-richest man is paid too much as his company struggles against smaller rivals.
SAN FRANCISCO, Oct 31- A majority of shareholders opposed Oracle Corp's executive compensation, including Chief Executive Larry Ellison's pay in a non-binding vote on Thursday. The vote followed complaints that Ellison is paid too much as his company struggles to stave off smaller rivals. A majority of shareholders voted for the company's board members.