Posted at 15:19h
in
News
by KMFSLLP
Athelney Trust announced the
sudden resignation of managing director Robin Boyle with
immediate effect on Monday after non-executive directors
overruled his request for major management changes.
...
Posted at 15:16h
in
News
by KMFSLLP
Shares in Brazilian
healthcare insurer Qualicorp SA plunged 22 percent on
Monday after the company said it had agreed to pay its founder
and biggest shareholder 150 million reais ($37.22 million) in
return for a pledge not to sell his shares or compete with it.
...
Posted at 14:52h
in
News
by KMFSLLP
General Electric Co ousted Chief
Executive Officer John Flannery in a surprise move on Monday,
replacing him with outsider and board member Larry Culp, and
said it would take a roughly $23-billion charge to write off
goodwill in its power division, primarily from a large 2015
acquisition.
Posted at 14:47h
in
News
by KMFSLLP
Turkey will resist U.S. efforts to
impose sanctions on Ankara over the trial of a Christian pastor
who has been detained for two years, President Tayyip Erdogan
said on Monday, accusing the preacher of having "dark links with
terror".
Posted at 14:29h
in
News
by KMFSLLP
Shares of Tesla Inc jumped 18
percent on Monday as signs it had met targets for quarterly
production numbers added to relief at Chief Executive Elon
Musk's settling a lawsuit with regulators that could have forced
him out.
Posted at 14:22h
in
News
by KMFSLLP
The short-handed U.S. Supreme
Court launched its new term on Monday, with the legal arguments
in its stately courtroom overshadowed by the harsh fight over
President Donald Trump's nomination of Brett Kavanaugh for a
lifetime job as a justice.
Posted at 14:08h
in
News
by KMFSLLP
* Company had planned to raise funds via debt, equity
(Adds details from NCLT ruling, background,)
...
Posted at 14:07h
in
News
by KMFSLLP
PNC Bank, a large lender in the
eastern United States, has a new strategy for expanding into
additional U.S. markets, digital-only savings accounts that pay
high rates to attract customers and deposits that are
accompanied by a carefully limited number of branches.
Posted at 14:04h
in
News
by KMFSLLP
Billionaire investor Daniel Loeb,
who is seeking to replace the entire board at Campbell Soup Co
, on Monday called the company an "iconic asset" and
attractive takeover target that could fetch as much as $58 per
share.
Posted at 13:57h
in
News
by KMFSLLP
The value of assets managed
by South Africa's state-owned pension fund rose by 8.6 percent
in the year to March 2018, supported by a diversified investment
strategy, the fund said in its latest annual report on Monday