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Office Depot, OfficeMax to Name Co-Chief Executive Officers After Merger

Both Office Depot and OfficeMax have announced that they will appoint co-ceos after they complete their acquisition deal worth $976 million.


New CIO of Vanguard Group Chooses Appointees

Vanguard CIO chooses new heads of key groups. The new head of Equity Index Group is Joseph Brennan and included in his job description is looking after more than eighty different international and US index funds as well as exchange traded funds amounting to about US$1 trillion in assets.

Japanese Billionaire Okada Resigns from Wynn Resorts

Okada quits ahead of ouster move. Kazuo Okada resigned from Wynn Resorts Ltd not waiting for the results of the board of directors' vote. The Japanese billionaire is actually facing ouster by the board.

Einhorn Criticizes Dell Privatization Plan

Dell stock buyout plan seen as unfair. The Dell privatization plan is facing stiff criticism from hedge fund manager David Einhorn. Einhorn, who is in the midst of battle with Apple over that technology innovator's US$137 billion cash fund, is using the buyout of Dell shares as a cash policy that is unfriendly to its shareholders.


Latest News

UBS has recruited former Morgan Stanley adviser Henry Berkley as it competes in pooling top advisers in the U.S.
Standard Chartered has announced the appointment of Tom Emmet to lead merger and acquisition activities in the Middle East and North America.
Killam Properties is pleased to announce that it has completed the acquisition of 1090 Kristin Way, a 102-unit apartment building in Ontario
Lenovo Chief Financial Officer Wong Wai Ming told Bloomberg his company was looking at all opportunities including RIM
Global Eagle Acquisition appoints John Lavalle and Louis belanger-martin to top management positions upon closing of business combination
Financial services industry appointments were announced on Thursday The following financial services industry appointments were announced on Thursday. JANUS CAPITAL GROUP INC The global investment company said Seiji Inagaki joined its board on Jan.
The skilled-worker visa reform the entrepreneurs want is relatively uncontroversial San Francisco-based entrepreneur Garrett Johnson is usually too busy with his messaging start-up for much travel, but one issue has inspired him to cross the country: immigration reform.
Russian billionaire Mikhail Prokhorov's Onexim company is close to agreeing the sale of a stake in Polyus Gold
U.S. Senator John Kerry and his wife intend to divest holdings in dozens of companies to avoid conflicts of interest if he is confirmed as U.S. secretary of state
The Export-Import Bank of the U.S. has sanctioned a $155.4 million direct loan to the Republic of Ghana to finance the design and construction of a hospital in Accra, Ghana.
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