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News & Updates
Source: Financial Express
JPMorgan Chase & Co, kicking off the second-quarter earnings season for U.S. banks, reported a stronger-than-expected rise in profit on Tuesday, helped by a drop in legal and restructuring expenses and a smaller tax bill.
Source: Business Isider
TOKYO - Toshiba Chief Executive Hisao Tanaka will step down in September along with other board members including Vice Chairman Norio Sasaki to take responsibility for accounting irregularities, sources familiar with the matter...
July 14, 2015 With new CEO, Walgreens faces unique governance issuesSource: Chicago Tribune
Stefano Pessina, Walgreens Boots Alliance's chief executive officer, is also the company's largest shareholder, which raises unusual corporate governance issues, experts said..
BP is still facing a threat of billions of dollars more in compensation payments for its 2010 oil spill in the Gulf of Mexico, even after the $18.7bn settlement last week that resolved all actions against the company from...
Source: JD Supra
Many public companies have not waited for the Securities Exchange Commission (SEC) to mandate executive compensation recovery policies, as required by the Dodd-Frank Act. Shareholder and peer pressure has resulted in the adoption...
July 8, 2015 2015 Proxy Season Characterized by an Uptick in Many Forms of Shareholder Activism, According to New Report from Broadridge and PwC USSource: PR Newswire
Increases in shareholder activism, the number of proxy contests, "Vote No" and "Vote Yes" campaigns to influence director elections and retail share ownership are just a few of the findings from the mid-season review of...
MIS Asia - The îWorld Economic Forumî has flagged cybersecurity as one of 2015's biggest risks, largely due to an increasing number of devices being connected to the Internet in the Internet of Things. It has also...
Microsoft Corp. plans to lay off more workers to cut costs amid waning demand for some devices and services, the New York Times reported, citing people briefed on the plan.The cuts will be announced as early as Wednesday and are...
Source: JD Supra
On July 1, 2015, the Securities and Exchange Commission proposed long-awaited rules to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 mandating any company whose securities are...
Andrew Fastow, the former chief financial officer of Enron was a speaker at Camp Alphaville, a conference hosted by the Financial Times' well-known finance blog Alphaville. Since leaving prison, he's been talking to business...
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