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Elan CEO Kelly Martin's job on the line with shareholder vote

Elan CEO Kelly Martin's future employment with the upcoming shareholder vote. (Photo : Reuters)The image is Elan's CEO Kelly Martin. When former Merrill Lynch banker Kelly Martin took over Elan Pharmaceuticals in 2003, it was well known he did not have any drug industry experience.


Russian Billionaire to Sell Off Aeroflot

Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.

RBS Board Decides for CEO Resignation Prior IPO

CEO for Royal Bank of Scotland was persuaded by the bank's board to step down to enable his successor to be in place prior the government's sale of its 81% stake.

Lululemon Chairman Sold Stock Before CEO Departure

Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.


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Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.
Patrick Corso departs Providence Equity, the fourth senior departure in the company since 2008. (Photo : Reuters)The image shows a view of Hong Kong's business district.
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.
Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.
Eighty percent of Afren's investors were angered and voted against the company's renumeration report.
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.
1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm
Insight Venture Partners is the leading investor of the said fund. (Photo : intel capital) A $42. 8 million worth of funding was received by BrightEdge, led by Insight Venture Partners.