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Jul 3, 2012

BUSINESS News, Jul 03 2012

BUSINESS
Duke, Progress complete merger; Progress CEO out
Boston.com
The company declined to answer questions about the switch at a morning conference call. But as late as Monday, Duke staffers were describing Johnson as the pending CEO and scheduling post-merger interviews for him as the new company's top manager.
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BMC Software Announces Agreement With Elliott Management
MarketWatch (press release)
HOUSTON, Jul 03, 2012 (BUSINESS WIRE) -- BMC Software, Inc. (NASDAQ:BMC) (the "Company" or "BMC"), the recognized leader inBusiness Service Management, has reached an agreement with Elliott Associates, L.P. and Elliott International, L.P., funds ...
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Bioflamex Corp. CEO Issues a Letter to Shareholders
MarketWatch (press release)
COPENHAGEN, DENMARK, Jul 03, 2012 (MARKETWIRE via COMTEX) -- Bioflamex Corp. (pinksheets:BFLXE) CEO, Kristian Schiorring, today issued a letter to ... Similarly, the company management is heavily engaged in developing its agent and distribution network ...
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OpenLink Announces CEO Succession
MarketWatch (press release)
UNIONDALE, N.Y., Jul 02, 2012 (BUSINESS WIRE) -- OpenLink Financial LLC, the leading provider of cross-asset trading and risk-managementsoftware and services for energy, commodity, and financial service companies, today announced that Kevin ...
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Barclays' Bob Diamond Steps Down After Libor Storm
CNBC.com
Current DateTime: 02:24:28 03 Jul 2012 ... Barclays CEODiamond Resigns After Libor Storm · France Faces Major Test as It Enters 'Danger Zone' · Why Microsoft's $6.2 Billion Charge Matters · Japan Looks to Sake as New Economic Growth Tonic · Policy ...
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CNBC.com
Neways International Announces CEO Change
PR Newswire (press release)
SPRINGVILLE, Utah, July 3, 2012 /PRNewswire/ -- Today, Neways International announced that Scott St. Clair, Neways' current Chief Executive Officer & Chairman, will be named Executive Chairman, and that a committee of Board of Directors will work with ...
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Talvivaara Mining Company Plc: Operational update
Reuters
Stock Exchange Release Talvivaara Mining Company Plc. ... Tue Jul 3, 2012 2:04am EDT. Stock Exchange Release. Talvivaara Mining CompanyPlc. 3 July 2012. Operational update. Steady progress in production after re-start of metals plant in April ...
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Barclays Under Pressure to Find an External CEO Successor
Businessweek
By Liam Vaughan, Ambereen Choudhury and Howard Mustoe on July 03,2012. Tweet; Facebook ... The shares rose 1.6 percent to 171.15 pence as of 2:27 p.m. in London trading, giving the company a market value of about 21 billion pounds. The stock is this ...
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Barclays CEO Bob Diamond resigns
New Statesman (blog)
By Alex Hern Published 03 July 2012 7:40. Printer-friendly ... I leave behind an extraordinarily talented management team that I know is well placed to help the business emerge from this difficult period as one of the leaders in the global banking ...
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Barclays CEO Quits After Record Libor-Rigging Fine
Businessweek
By Bloomberg News on July 03, 2012. Tweet; Facebook; LinkedIn ... “While the company says that it will consider internal and external candidates to fill the role of CEO, we believe that it is of paramount importance that an external appointment is made ...
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Ampio's CEO and CSO Send Message to Shareholders
MarketWatch (press release)
... Ampio's CEO, Chairman and Lead Investor, have extended their July15th 2012 lock-up agreement until January of 2013. This extended lockup encompasses more than two-thirds of the company's shares owned by executives, management and directors.
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Aveta Inc. President & CEO Rick Shinto, MD Receives Ernst & Young ...
MarketWatch (press release)
FORT LEE, N.J., Jul 02, 2012 (BUSINESS WIRE) -- President and CEOof Aveta, Inc., Rick Shinto, M.D. received the Ernst & Young Entrepreneur Of The Year(R) in the Service category in New Jersey. The award recognizes outstanding entrepreneurs who ...
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July 2012 Business Monitor: Fewer SMEs seeing revenue rise
PRWire
The July 2012 MYOB Business Monitor found fewer than one fifth (19%) of the 1004 business owners and managers surveyed nationally expected the domestic economy to improve within 12 months. This is unchanged from the March 2012 report, which revealed ...
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Addex Appoints Dr. Graham Dixon as Chief Scientific Officer and Head of ...
Reuters
Geneva, Switzerland, 3 July 2012 - Addex Therapeutics (SIX:ADXN), a leading company pioneering allosteric modulation-based oral small molecule drug discovery and development, announced today the appointment of Dr. Graham Dixon to the newly created ...
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PC Gold Appoints New CEO and CFO
MarketWatch (press release)
TORONTO, ONTARIO, Jul 03, 2012 (MARKETWIRE via COMTEX) -- PC Gold Inc. ("PC" or the "Company") (TOR:CA:PKL) (frankfurt:AJ2) is pleased to announce that effective July 1, 2012, Peter Hooper, the Chief Operating Officer and a Director of the Company ...
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Online poker CEO arrested for $430 million Ponzi scheme
CNNMoney
Online poker CEO arrested for $430 million Ponzi scheme. By Emily Jane Fox @CNNMoney July 2, 2012: 8:23 PM ET. Raymond Bitar, CEO of online poker site Full Tilt, was arrested Monday in connection with a $430 million Ponzi scheme. NEW YORK ...
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Delta Hotels and Resorts names new President & CEO
Sacramento Bee
TORONTO, July 3, 2012 /CNW/ - The British Columbia InvestmentManagement Corporation (bcIMC) and the Board of Directors of Delta Hotels and Resorts are pleased to announce that industry veteran Kenneth M. Greene has been named President & Chief ...
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Guggenheim Partners' Dottie Mattison Named CEO Of Prometheus Global Media
MarketWatch (press release)
NEW YORK, July 2, 2012 /PRNewswire via COMTEX/ -- Guggenheim Partners Senior Managing Director Dottie Mattison has been named CEOof Prometheus Global Media, the group that owns music, media and entertainment brands Billboard, Adweek, The ... Prior to ...
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Progress CEO quits, Duke chief to run combined firm
Reuters
Jim Rogers of Duke to become CEO of combined company* Bill Johnson, who had been slated for top job, resigns* Deal creates largest U.S. power providerBy Michael Erman and Ernest ScheyderNEW YORK, ... U.S. Morning Call: Microsoft computes a $6.2 bln hit ...
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Icahn Says He'll Investigate Forest CEO's Stock Sales
Businessweek
Bloomberg News. Icahn Says He'll Investigate Forest CEO's Stock Sales. By Meg Tirrell on July 02, 2012. Tweet; Facebook; LinkedIn; Google Plus; Comments · Email · Print ... Icahn, in a letter to Solomon today, said Forestmanagement (FRX) made “a savvy ...
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Get Ready for America's Top States for Business 2012
CNBC.com
Another Record Year: Union Pacific CEO · Miami Heat Owner Says Team Will Likely Lose Money This Year · Working From Home Adds More Than a Month of Overtime a Year · US Manufacturing Drops, Construction Spending Grows · Why Analysts May Stop Covering ...
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RIM not in “death spiral:” CEO
Victoria Times Colonist
By THE CANADIAN PRESS July 3, 2012 6:51 AM ... He said the major changes RIM (TSX:RIM) has made to its management and businessobjectives since he became CEO in January are part of a massive transition to a whole new technology platform.
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REG-Appointment of Finance Director
Reuters
3 July 2012: African Eagle Resources plc ("African Eagle" or the "Company") (AIM: AFE; AltX: AEA) is pleased to announce the appointment of David Newbold as Finance Director, effective 2 July 2012. David joins the ... Prior to this, he has also held ...
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Ex-Goldman Partner Chan Named Dymon CEO as Hedge Fund Grows
Businessweek
... Named Dymon CEO as Hedge Fund Grows. By Tomoko Yamazaki onJuly 02, 2012 ... “I am confident that I would be able to leverage my trading and management experience to add to the business.” In addition to the Hong Kong and Singapore offices of ...
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Barclays CEO Diamond quits over rate rigging
Reuters
Outgoing chairman Agius to lead search for new CEO* Diamond decision taken after inquiry announced -source* Osborne welcomes decision to quit* Antony Jenkins tipped as most likely internal successor*
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RealPage® CEO Steve Winn is an Ernst & Young Entrepreneur Of The Year ...
Exec Digital (press release)
CARROLLTON, Texas, July 2, 2012 /PRNewswire/ -- RealPage, Inc. (NASDAQ: RP), a leading provider of on-demand software and software-enabled services to the rental housing industry, today announced that Steve Winn, RealPage CEO and Chairman of the Board ...
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Barclays's Three Top Managers Quit Amid Bank of England Dispute
Businessweek
Barclays Plc headquarters in the Canary Wharf business district of London. Photographer: Chris Ratcliffe/ ... By Howard Mustoe and Svenja O'Donnell on July 03, 2012. Tweet; Facebook; LinkedIn; Google ... Shakeup at Barclays: CEO Gone, COO Gone Video ...
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Tellabs CEO Rob Pullen dies after cancer fight
Aurora Beacon News
Rob Pullen, 50, CEO of Tellabs, died after battling cancer, the companyannounced. ... Tellabs CEO Rob Pullen dies after cancer fight. BY SANDRA GUY Business Reporter/sguy@suntimes.com July 2, 201211:18AM. Reprints. Story Image. Rob Pullen is ... He ...
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New CEO for Telecel Zimbabwe
IT News Africa
Telecel Zimbabwe has announced the appointment of Francis Mawindi as the new chief executive of Telecel Zimbabwe with effect from 01 July 2012. [caption. ... New CEO for Telecel Zimbabwe ...
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Consumer Packaged Goods Veteran Ellen Marram Joins Mozido's Board
MarketWatch (press release)
DALLAS, July 3, 2012 /PRNewswire via COMTEX/ -- Mozido ( www.Mozido.com ), a provider of mobile-enabled financial services and targeted marketing platform, today announced that Ellen Marram, the former president and CEO of Tropicana, and the Nabisco ...
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Health Care Costs Could Force Store Closings: Chico's CEO
CNBC.com
The health-care law recently upheld by the Supreme Court will increase costs for Chico's and may force the women's clothing retailer to close some stores, CEO David Dyer told CNBC's “Squawk Box.” ... SECTORS. » More. Current DateTime: 09:55:38 02 Jul ...
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OpenLink Announces CEO Succession
Insurance News Net (press release)
Insurance News - OpenLink Announces CEO Succession. ... OpenLink Announces CEO Succession. July 02, 2012 | Business Wire, Inc. Email email Print Free Newsletter. Business Wire, Inc. Kevin Hesselbirg to Continue as Vice Chairman of the Board of ...
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Another Record Year: Union Pacific CEO
CNBC.com
Union Pacific should post positive volumes by year's end despite the huge downturn in coal shipments, CEO Jack Koraleski tells CNBC's "Closing Bell." ... Current DateTime: 01:21:38 02 Jul 2012 LinksList Documentid: 29388466. Best Buy Pares Gains Amid ...
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eMarketer Announces Upper-Management Shifts
MarketWatch (press release)
eMarketer Announces Upper-Management Shifts. NEW YORK, NY, Jul03, 2012 (MARKETWIRE via COMTEX) -- Today, eMarketer announced several organizational changes aimed to help the company continue its rapid growth and international expansion.
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Telecom Egypt Drops in Cairo on 2nd CEO Change in 6 Months
Businessweek
(ETEL), the Arab country's monopoly fixed-line phone company, fell the most in almost two weeks after its chief executive officer became the second official to leave the post in six months. ... By Ahmed A. Namatalla on July 03, 2012 ... “Although such ...
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Analysis: Is Nokia's leadership fit for purpose?
Computing
“You can't blame one person,” said Ari Rikkilä, a Nokia shareholder who is also CEO of Finnish software companyEfecte. “Sometimes, a company has to change quite significantly. When it notices how the market is changing, then often it's too late,” he said.
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Computing
Research In Motion CEO challenges perception that RIM is in 'a death spiral'
CanadianBusiness.com
TORONTO - Research In Motion chief executive Thorsten Heins was on the defensive Tuesday insisting "there's nothing wrong with the companyas it. ... By David Friend, The Canadian Press | July 03, 2012. Chat Email. Thorsten Heins, president and CEO of ...
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Permanent Link to New CEO for Telecel Zimbabwe - IT News Africa
By Staff Writer
Telecel Zimbabwe has announced the appointment of Francis Mawindi as the new chief executive of Telecel Zimbabwe with effect from 01 July 2012. [caption.
IT News Africa news alert
News – Money News » Eva Carissimi is Appointed President and ...
By Marketwire
SALABERRY-DE-VALLEYFIELD, QUÉBEC--(Marketwire - July 3, 2012) - Noranda Income Fund (the. ... Money News - Money Information - Money Markets Update - Current Money Videos - Business and Corporate News - Personal Finance .... Zinc Limited (the “Manager” or “CEZinc”), the Fund's administrator and manager, has informed the Fund that Ms. Eva Carissimi will assume the role of President and Chief Executive Officer (“CEO”) of theManager, effective July 3, 2012.
News - Money News
CEO Snapshot Roundtable: Industry leaders turn ... - Financial News
Fund management CEOs recognise that both the crisis and impending ...Get to Financial News straight from your desktop. ... Monday, 2 July 2012... (Affiliated Managers Group): Performance is at the core of our businessand we should not be ...
www.efinancialnews.com/.../ceo-snapshot-roundtable-industry...
Barclays CEO Bob Diamond resigns after market rigging scandal ...
Updated: 15:37, Tuesday, 3 July 2012. Tweet ... Play Stop. News At One: Bob Diamond resigns from Barclays - Investment manager Justin Urquhart Stewart ...
www.rte.ie/news/2012/.../barclays-ceo-bob-diamond-quits.htm...
Cubist CEO to give up president role - Mass High Tech Business News
VBI Vaccines raises $1.2M in debt financing [July 2, 2012] ... most recently as the company's senior vice president of program management and R&D planning.
www.masshightech.com/.../daily8-Cubist-CEO-to-give-up-pres...
Another Record Year: Union Pacific CEO - US Business News - CNBC
Current DateTime: 01:21:38 02 Jul 2012 ... MORE US COMPANIES NEWS... You don't have to have a lot of money to start a business, here are several with low ...
www.cnbc.com/id/48046831
Poker site CEO arrested for $430 million Ponzi scheme - Jul. 2, 2012
Online poker CEO arrested for $430 million Ponzi scheme. By Emily Jane Fox @ CNNMoney July 2, 2012: 8:23 PM ET. Raymond Bitar, CEO of online poker site ...
money.cnn.com/2012/07/02/news/companies/.../index.htm
Chase Carey would be News Corp CEO in a perfect world, investor ...
Tuesday 03 July 2012 ... regarded on Wall Street. Under the companysplit, Mr Murdoch will stay as CEO of the News Corp's media and entertainment business.
www.telegraph.co.uk/.../Chase-Carey-would-be-News-Corp-C...
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