Archives

Robert Goldfarb Retires As Sequoia Shares Decline

CEO Robert Goldfarb is about to retire on March 31st and will be replaced by David Poppe. Sequoia shares plunged because of Valeant Pharmaceuticals Inc. stake.


Toscana names Anand Ramnath as chief financial officer

Toscana Energy said that Anand Ramnath has been named as chief financial officer with effect from March 18, 2016. Ramnath, with more than 19 years of experience in financing and accounting, has been the acting chief financial officer of Toscana from July 31, 2015.

Regency Hotel's loss rises to €217k after gangland murder, claims for indemnity

After the killing of David Byrne in a shootout at Dublin's Regency Hotel, it's reeling under severe pressure as losses amounted to €217,000. Regency Hotel has applied for indemnity to its insuring company Aviva for over €217,000.

Canada’s Liberal Budget Provides More Financial Aids to Students, Making Post-Secondary Education More Attainable

Canadian students can now receive more grants as the government’s first budget revealed more financial aids for post-secondary students. In addition, graduates will not be demanded to pay students loan back until they make $25,000 a year.


Latest News

Google has been witnessed to expand its client service network under the direct leadership of former VMWare co-founder Diane Greene. Google Cloud Platform has announced winning Landing Home Depot as its client. The deal is expected to get formally announced on Wednesday.
Contrary to a notion that oil rout is impacting everyone in the industry, there are few bosses at energy companies making more money based on their performance. Few top managers are excelling in meeting targets and getting hefty paychecks.
The Federal Reserve Bank of New York has denied any responsibility over the $81 million cyber heist from the current account of Bangladesh Bank. But a BB audit report observes NY Fed responsible since it implemented five payments instructions out of thirty five leaving many questions behind. Following the internal report BB is getting prepared to file lawsuit against Fed.
CEO Tidjane Thiam determine to pursue further restructuring in Credit Suisse. The Swiss bank will cut more 2,000 jobs and cut more of its business.
United States gave a three-month reprieve for ZTE on export curbs imposed earlier this month. U.S. Commerce Department announced the decision on Tuesday.
Former investment advisor of Scottie Pippen has been sentenced to up to three years in prison for deceiving his clients. Pippen said that this betrayal has left him and his wife, Larsa, more anxious about their future financial condition.
The company recalled another 47,000 defective SUV due to problem in its fuel pump. Nissan also introduces its new mobility concept car this week.
Sherwin Williams doesn’t claim to have vast track record in acquisition and possesses experience of getting blocked in deals by the antitrust authorities. Its recently announced acquisition deal has been questioned by the analysts centering accusations of over valuation. Following the announcement, Valspar stock has been witnessed to soar while that of Sherwin Williams to tumble during extended hours trading on Monday.
Talbot Underwriting Ltd is spreading its footprint of financial lines business in Australia. Talbot Underwriting, a wholly-owned subsidiary of Validus Holdings Ltd, has appointed David McKenzie and David Jones as class underwriters at its financial lines team.
Price of iron ore rallies as China's property market showed further sign of recovery. Surge in the price of iron ore also correlated with increase in steel futures.