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JPMorgan's Jamie Dimon facing push to drop chairman title
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
Tags: Finance, Jamie Dimon, Tampa, Annual and Special Corporate Meetings, Financial Markets
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Dell's earnings fall 79% as PC sales sag
ROUND ROCK, Texas — Dell Inc.'s earnings plunged 79% in the latest quarter as the shift to smartphones and tablets reduced demand for the company's personal computers. The dismal performance announced Thursday might work to the advantage of Dell'...Tags: Carl Icahn, Quarterly or Semiannual Financial Statements, Companies and Corporations, Leveraged Buyouts, Dell Inc.
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Icahn joins key shareholder to challenge Dell
One of the biggest critics of Michael Dell's plan to take the company he founded private has launched a fresh challenge to that $24.4-billion bid and says the slumping PC maker needs new leadership. Billionaire investor Carl Icahn has teamed up with...Tags: Carl Icahn, CNBC (tv network), Saturday Night Live (tv program), Annual and Special Corporate Meetings, Leveraged Buyouts
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Heinz shareholders OK takeover by Berkshire Hathaway, 3G Capital
Heinz shareholders on Tuesday overwhelmingly backed an acquisition by Warren Buffett's Berkshire Hathaway and 3G Capital, a private equity firm. Following the February announcement that Heinz would be sold for a record $28 billion, the company's...
Tags: Berkshire Hathaway Inc., Burger King, Warren Buffett, Corporate Officers
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News Corp. plans June 11 shareholder vote on company split
Rupert Murdoch's News Corp. will hold a special meeting June 11 for shareholders to vote on amendments needed to authorize the company's plan to break into two separate publicly traded entities. Shareholders will not be presented with an up-or-down vote...
Tags: The Wall Street Journal, Rupert Murdoch, Politics, News Corp., U.S. Securities and Exchange Commission
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Investors snap up $17 billion in Apple bonds
First came the frenzy for iPhones and iPads. Now there's a scramble for iBonds. Apple Inc. sold $17 billion in bonds Tuesday, a gargantuan deal that ranked as the largest in global corporate history. And even though the securities are paying...
Tags: Apple iPhone, IBM, Finance, Labor Markets, Computer Hardware
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Rebel shareholder buying more Apple stock following buyback plans
Just months after leading a shareholder revolt against Apple, hedge fund manager David Einhorn revealed on Tuesday that he's been buying more stock in the company. In a conference call with investors of Greenlight Capital, Einhorn confirmed that the...
Tags: Tim Cook, Mother's Day, David Einhorn, Greenlight Capital Inc., Companies and Corporations
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Berkshire Hathaway first-quarter profit jumps 51%
Warren Buffett's Berkshire Hathaway Inc. said first-quarter profit rose 51% on gains from investments and insurance operations. Net income climbed to $4.89 billion, or $2,977 a share, from $3.25 billion, or $1,966, a year earlier, the Omaha, Neb.,...Tags: Berkshire Hathaway Inc., Business, Warren Buffett, HJ Heinz Company, Jorge Paulo Lemann
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Occidental Petroleum Chairman Ray Irani ousted at annual meeting
Occidental Petroleum shareholders ousted Chairman and former Chief Executive Ray Irani in a dramatic annual meeting that signaled the end of an era for the storied oil and gas producer. It concluded a nearly three-decade run as a director of the Los...
Tags: Occidental Petroleum Corp., Annual and Special Corporate Meetings, Economy, Business and Finance, Awards and Prizes, Energy Resources
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Netflix CEO Reed Hastings received $5.5 million in compensation in 2012
Netflix Chief Executive Reed Hastings received about $5.5 million in total compensation last year, a 40% drop from 2011, when his package was valued at $9.3 million. But Hastings' salary -- like the company's image -- is on the rebound. He is set to...
Tags: Politics, House of Cards (tv program), Netflix Inc., Companies and Corporations, CEO Pay
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Herbalife investors meet -- briefly
Herbalife would seem to have a lot to talk about with its investors, but you'd never know it from Thursday's annual shareholder meeting in Beverly Hills. It lasted less than 15 minutes. Executives didn't address claims raised by hedge fund manager...
Tags: Fraud, Carl Icahn, Corporate Crime, Companies and Corporations, Annual and Special Corporate Meetings
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Herbalife to reassure investors
Herbalife Ltd., battling a billionaire investor's bet that its stock will tank, is expected to reassure shareholders at the company's annual meeting Thursday that the Los Angeles nutritional products maker is a strong, healthy, legitimate operation. The...
Tags: Fraud, Carl Icahn, Finance, Prices, Business
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| AP Member Choice Complete
May 10, 2013
|Story| AP Member Choice Complete
Apr 30, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Los Angeles Times
May 1, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Los Angeles Times
May 3, 2013
|Story| Bloomberg
May 4, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Los Angeles Times
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