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    Boardroom News
    Spencer Stuart report looks at the trends that may influence future CEOs
    May 12, 2011

    A new Spencer Stuart report concludes that companies are best served by someone with a clear vision and a desire to influence social policy.

    EU seeks to trim list of tariff beneficiaries
    May 12, 2011

    The EU will take steps to remove trade concessions for emerging economies such as Russia and Brazil.

    Indiana cuts corporate tax rate in bid to lure Illinois companies
    May 12, 2011

    Indiana will cut its 8.5 percent corporate income tax rate by half a point every year until it reaches 6.5 percent.

    NYSE: Little room to move merger vote
    May 12, 2011

    Duncan Niederauer said that there was little room to push back a shareholder vote planned for July 7.

    NACD names Blue Ribbon Commissioners for lead director report
    May 12, 2011

    Commissioners have been chosen for the "Report of the NACD Blue Ribbon Commission on the Lead Director" to discuss the evolving roles and responsibilities of lead directors.

    Oil CEOs on the hot seat
    May 12, 2011
    With gas prices above $4 a gallon in much of the country, Democrats and Republicans are squaring off over whether to cut tax credits for oil companies enjoying a banner profit year, or let the industry drill more.

    Saab back after Chinese rescue crashes
    May 12, 2011

    Saab and its owner Dutch company Spyker on Thursday announced that a 150 million euro bailout deal with the Hawtai Motor Group had been terminated after the Chinese company failed to obtain all necessary consents.(DDP/AFP/File/Torsten Silz)AFP - Chinese rescue funding for the Saab-Spyker auto group collapsed on Thursday throwing Swedish Saab back into deep financial crisis without keys to the crucial Chinese market.


    A.I.G. tells shareholders stock sale still planned
    May 12, 2011
    The company says it will continue with a public stock offering despite questions regarding the market and other particulars.

    Galleon chief’s web of friends crucial to scheme
    May 12, 2011
    What made Raj Rajaratnam, who was convicted of fraud and conspiracy Wednesday, stand out in the hedge fund world was his deep set of contacts inside executive suites and on trading floors.

    JDS Uniphase involved in LTE service
    May 12, 2011

    May 11 (Bloomberg) -- Thomas Waechter, chief executive officer of JDS Uniphase Corp., talks about optical components for a fourth-generation wireless service based on long-term evolution technology, known as LTE. Waechter also discusses the company's strategy and products for telecommunications service providers. He speaks with Bloomberg's Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

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    Sprint sees doom in AT&T/T-Mobile
    May 12, 2011

    Sprint Nextel’s chief executive told members of Congress on Wednesday that permitting the merger of rivals AT&T and T-Mobile would be the end of his company in its current form.

    Dan Hesse, who runs the third-largest of the nation’s telecom companies, said Sprint would probably be absorbed by someone else and customers nationwide would suffer if AT&T is allowed to complete its $39 billion bid to buy T-Mobile.

    “It would fundamentally put us in a situation where this is a duopoly (industry) and it puts us in position to be acquired,” Hesse said in the Senate antitrust subcommittee hearing.

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    A crackdown on outside-expert firms
    May 12, 2011
    Authorities suspect insider trading at some expert network firms, which match investors like hedge funds with outside experts.

    RLJ Lodging starts life as a public company
    May 11, 2011

    RLJ Lodging Trust, a Bethesda-based hotel company started by Black Entertainment Television founder Robert L. Johnson, made its debut Wednesday as a public company, with shares closing slightly below their initial public offering price.

    The company’s stock closed at $17.68 per share, down 32 cents from its initial price of $18. The company originally hoped to price its offering at $19 to $21 a share.

    The IPO, based on 27.5 million shares outstanding, raised $495 million for the company, which plans to use most of the proceeds to repay debt.

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    What the U.S. needs to break even on A.I.G.
    May 11, 2011
    The American International Group's planned stock offering falls far short of the $47.5 billion needed to repay the Treasury Department for part of the insurer's bailout.

    NYSE: You are witnessing a “complete crushing” of the Nasdaq
    May 11, 2011
    As the New York Stock Exchange fends off a hostile bid by the Nasdaq, competition for prominent stock listings— especially of the high-profile tech variety— has never been fiercer. Tech has traditionally been Nasdaq turf: Intel, Google and Microsoft all list on the exchange. Just not for long, according to the [...]

    Google may pay at least $500m in ad probe
    May 11, 2011

    The U.S. Justice Department is investigating Google's search results formula.

    SEC chief: Agency must protect investors before agreeing to ease private company rules
    May 11, 2011

    Mary Schapiro has expressed concerns that easing private company stock rules would increase fraudulent stock offerings.

    Google, Apple defend privacy controls on Capitol Hill
    May 11, 2011

    Apple and Google discussed their smartphone privacy practices before the Senate Tuesday.

    Johnson & Johnson tops N.J. company suit list
    May 11, 2011

    Johnson & Johnson is the most-sued company in New Jersey, followed by Merck and Walmart.

    Funds may invest in more Indian companies
    May 11, 2011

    Private investments in public enterprises transactions in India are expected to increase this year after decreasing over the past five years.