Wednesday May 22, 2013
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    Boardroom News
    Cayman Governance Reforms Face Challenge
    May 1, 2013

    Local fund directors in the Cayman Islands are opposing the Cayman Islands Monetary Authority's plans to create a public directors' database.

    Women Board Members Across the World Are Under-Utilized, Study Finds
    May 1, 2013

    The biggest roadblock to women looking to join corporate boards are cultures that are not inclusive, Harvard Business School's Organizational Behavior unit Professor of Business Administration Boris Groysberg finds.

    Companies Wary of Social Media Disclosures
    May 1, 2013

    Companies remain cautious about posting material information on Facebook or Twitter accounts, despite SEC guidance, following a recent Twitter hack that hurt stock markets.

    Carphone Warehouse Buys Best Buy Out of Joint Venture
    May 1, 2013

    Carphone Warehouse Group regained full control of its retail operations after it purchased Best Buy's ownership interest for £471 million.

    NACD Forms Commission to Define the Board’s Role in Talent Development
    May 1, 2013

    NACD formed a Blue Ribbon Commission to oversee executive talent development strategies.

    Investors Snap up $17 Billion in Apple Bonds
    May 1, 2013

    Apple raised $17 billion in bond sales Tuesday in the company's first debt offering in almost two decades.

    CEO Straddles Internet, Real-Estate Worlds
    May 1, 2013

    Redfin, a Seattle-based online real-estate brokerage, is Glenn Kelman's attempt to change how people buy homes. He says it is easier for a private company like his than a public one to take risks that promise a big payoff.

    T-Mobile Completes Deal for MetroPCS
    May 1, 2013

    T-Mobile USA has completed its acquisition of MetroPCS Communications after T-Mobile's parent company, Deutsche Telekom, raised its bid last month. The combined company, T-Mobile US Inc., will begin trading on the New York Stock Exchange on Wednesday u...

    Berkshire Hathaway to Acquire the Rest of IMC for $2 Billion
    May 1, 2013

    Berkshire Hathaway has agreed to buy the 20 percent of the IMC International Metalworking Companies that it does not already own for $2.05 billion.

    Comcast Profit Rises 17 Percent in 1Q
    May 1, 2013

    NEW YORK (AP) — Comcast Corp., the nation's largest cable company and owner of NBCUniversal, on Wednesday said its net income rose 17 percent in the latest quarter, powered by continued strong results from its cable operations.

    T-Mobile USA Completes MetroPCS Acquisition
    May 1, 2013

    NEW YORK (AP) — T-Mobile USA, the country's fourth-largest cellphone carrier, has completed its acquisition of smaller rival MetroPCS.

    MasterCard Reports Higher Q1 Profit, Revenue
    May 1, 2013

    Payments processor MasterCard Inc. says its profit and revenue rose in the first quarter. Profit beat the forecasts of Wall Street analysts, though revenue missed slightly.

    Electric Car Maker Files for Bankruptcy Protection
    May 1, 2013

    The filing with the U.S. Bankruptcy Court in Delaware will allow Coda Holdings, a Los Angeles start-up company, to get out of the auto sector and refocus on energy storage.

    Cramer’s Top Stock Picks: AAPL BBY NFLX BRK.B DPZ PKI
    May 1, 2013

    Cramer said Domino's will deliver more profits, PerkinElmer would be worth more in parts and Berkshire Hathaway can go higher. Click to view a price quote on AAPL. Click to research the Computer Hardware industry.    

    Analysis: Boosting European lending without banks
    May 1, 2013

    By Mike Dolan LONDON (Reuters) - With a lack of bank lending to European businesses stifling the region's economy, sidestepping the middlemen - if not quite cutting them out altogether - is becoming more attractive. Stricter regulation, higher cap...

    Banks Criticize Strict Controls for Foreign Bets
    April 30, 2013

    Gary Gensler, the chairman of the Commodity Futures Trading Commission, is waging a battle in hopes of curtailing the risky trading practices blamed for the 2008 financial crisis.

    The 30-Minute Interview: Douglas R. Lebda
    April 30, 2013

    Mr. Lebda is the chairman and chief executive of Tree.com, a public company based in Charlotte, N.C., and the parent of LendingTree.com.    

    Sirius Profit Helped by Used Cars
    April 30, 2013

    Sirius XM posted a 15% rise in first-quarter net profit amid double-digit-percentage revenue growth, and said interim CEO James Meyer will assume the post permanently.

    Great Entrepreneurs Practice What They Preach
    April 30, 2013

    Remember those Hair Club for Men commercials in the '80s with president Sy Sperling? He would close out each commercial stating, "Remember, I'm not only the Hair Club president, but I'm also a client." He'd then show a photo of himself with half the ha...

    SoftBank’s Chief Talks Up Takeover Bid for Sprint
    April 30, 2013

    The chief executive of the Japanese telecommunications giant SoftBank says the company's offer for Sprint Nextel will beat a recent competing bid from Dish Network.