People

Lululemon Chairman Seeks to Divest 3.4 Million Worth of Interest Amid Retailer's Problems

Dennis Wilson, the Chairman of Lululemon Athletic is planning to offer 3.4 million shares of the company, reducing his control over the yogawear retailer by 3% as a result.


Bell Media Acquires Astral, Appoints New Top Execs

Bell Media acquired Astral and appointed new top executives. Bell Media officially acquired Astral Media Inc. for Can$3. 2 billion. The acquisition included two over-the-air TV stations, 77 radio stations, eight pay and specialty TV services, and last but not least, the Astral's out-of-home division.

Ding Xuedong, New Chairman of Sovereign Wealth Fund CIC

China appointed Ding Xuedong as the new head of the country's sovereign wealth fund. Ding Xuedong was appointed as head of China's sovereign wealth fund.

Batista Halts Mine Operations to Save Empire

Billionaire Eike Batista halted operations in iron-ore mine Corumba to save his empire’s commodities.


Latest News

Karim Kanji announced his resignation from Barclays Head of coal, dry-freight and iron-ore trader at Barclays Plc (BARC) Karim Kanji announced resignation from the bank.
Colin Benner, founding board member of Dalradian, resigned from the company's board on Thursday.
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.
Five directors of Trio Capital Limited accepted enforceable undertakings from APRA. (Photo : Reuters)This is the corporate logo of Trio Capital. In an announcement made by the Australian Prudential Regulation Authority or APRA today, five Trio Capital Limited directors have been relieved of their positions due to their admission of failure.
Investor Eduardo Elsztain withdraws his support for IDB Holding. (Photo : Reuters)This is Argentinian investor Eduardo Elszatain. Argentinian investor Eduardo Elsztain withdrew his planned backing of IDB Holding Corporation, a member of Nochi Dankner's portfolio of companies.
Mairs & Power Prepares for Bill Frels'Retirement (Photo : Reuters)This is the logo of Morningstar, who gave Mairs & Power Growth and Balanced funds a Silver Analyst Ratings under Bill Frels' leadership.
MCH Group welcomed its new board members. (Photo : Reuters)The image shows the logo of Expomobilia AG, whose upcominng BOD delegate, Jean-Marc Devaud, is a current member of the Executive Board.
India's CPSE was urged by the finance minister to either invest its surplus funds or give to those who will.
George Foreman is Ziegler's new finance advisor. (Photo : Reuters)This is the company logo of Ziegler. Specialty investment bank and full service brokerage company Ziegler announced today that it has named George Foreman as its newest financial advisor.
Real Time Analytics