Posts Tagged ‘ Ceo ’

Sorting out Facebook’s disappointing IPO – Philadelphia Inquirer

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May 24, 2012

Sorting out Facebook's disappointing IPOPhiladelphia InquirerFacebook, born at Harvard University just eight years ago, is a real company with large cash flows and significant profits: It earned $1 billion last year on $3.7 billion in revenue, acco...
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Firsthand Tech, GSV Hurt By Facebook’s IPO Performance – Wall Street Journal

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May 23, 2012

Firsthand Tech, GSV Hurt By Facebook's IPO PerformanceWall Street JournalGSV bought its 350000 Class B shares at less than $30 each, while Firsthand's 600000 Facebook shares were acquired at an average $31.50 apiece. Prior to the IPO, Facebook ...
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JP Morgan loss latest argument for regulation – The Ranger

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May 23, 2012
JP Morgan loss latest argument for regulation – The Ranger

LifeHealthProJP Morgan loss latest argument for regulationThe RangerThat's the message from Jamie Dimon, the swaggering CEO of JP Morgan Chase, the nation's biggest bank. Recently, Dimon announced that JP Morgan had lost $2 billion on investmen...
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Chicago Sun-Times parent company buys Chicago Reader alternative weekly – Chicago Tribune

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May 23, 2012
Chicago Sun-Times parent company buys Chicago Reader alternative weekly – Chicago Tribune

Time Out ChicagoChicago Sun-Times parent company buys Chicago Reader alternative weeklyChicago TribuneCHICAGO (AP) — The parent company of the Chicago Sun-Times has purchased the Chicago Reader, the city's alternative weekly. Wrapports CEO Timoth...
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The Facebook IPO: Shareholders Weren’t Invited to the Real Party | Matt Taibbi | Rolling Stone

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May 23, 2012

A suit has been filed by Facebook shareholders against Mark Zuckerberg, Facebook, Morgan Stanley and others. It’s based on a very simple concept: when internal analysts learned that Facebook’s numbers were going to be worse than expected, the company and its bankers didn’t tell everyone, but just “selectively disclosed” information to a small group...
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AOL reshuffles advertising executives – Reuters

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May 23, 2012
AOL reshuffles advertising executives – Reuters

AdweekAOL reshuffles advertising executivesReuters* Ned Brody named CEO of Advertising.com * SVP Jim Norton joins executive committee * Janet Balis named publisher of Huffington Post unit By Jennifer Saba May 23 (Reuters) - AOL Inc is reorganizing its ...
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Jamie Dimon and JP Morgan: Too big to learn? – msnbc.com

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May 22, 2012

Jamie Dimon and JP Morgan: Too big to learn?msnbc.comElijah Cummings, D-Md., joins MSNBC's Martin Bashir to discuss whether JP Morgan's roughly $3B loss could mean more regulation, and whether Mitt Romney can keep talking about needing “less ...
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JPMorgan’s $6 Billion Case of Lyme Disease – Forbes

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May 22, 2012
JPMorgan’s $6 Billion Case of Lyme Disease – Forbes

ForbesJPMorgan's $6 Billion Case of Lyme DiseaseForbesJPMorgan CEO James Dimon: The illness of one of his top executives went a long way toward causing the mulitbillion-dollar losses at the bank. We've run many stories at Forbes parsing the rea...
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Probe of JPMorgan losses discussed at Senate hearing – USA TODAY

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May 22, 2012
Probe of JPMorgan losses discussed at Senate hearing – USA TODAY

USA TODAYProbe of JPMorgan losses discussed at Senate hearingUSA TODAYBy Marcy Gordon, AP WASHINGTON – Federal regulators are reviewing what JPMorgan Chase (JPM) told investors about its finances and the risks it took weeks before suffering a multibi...
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Rivals Go to Lunch on JP Morgan’s Losses – Wall Street Journal

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May 21, 2012
Rivals Go to Lunch on JP Morgan’s Losses – Wall Street Journal

Daily MailRivals Go to Lunch on JP Morgan's LossesWall Street JournalBy GREGORY ZUCKERMAN And LIZ RAPPAPORT The trading blunders that have cost JP Morgan Chase & Co. at least $2 billion are shaping up as a boon for some of the bank's bigges...
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ISS Steps Up Heat On Wal-Mart Board With ‘No’ Votes For 4 Directors – Wall Street Journal

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May 21, 2012
ISS Steps Up Heat On Wal-Mart Board With ‘No’ Votes For 4 Directors – Wall Street Journal

The RepublicISS Steps Up Heat On Wal-Mart Board With 'No' Votes For 4 DirectorsWall Street JournalBy Karen Talley Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Corporate governance firm Institutional Shareholders Services, or ISS, has recommende...
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JP Morgan Shares Now Negative for Year as Analysts Add Cuts – Wall Street Journal (blog)

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May 21, 2012
JP Morgan Shares Now Negative for Year as Analysts Add Cuts – Wall Street Journal (blog)

Financial NewsJP Morgan Shares Now Negative for Year as Analysts Add CutsWall Street Journal (blog)According to FactSet Research, nearly three-quarters of the 37 analysts on JP Morgan rate it a buy or the equivalent of buy. Evercore — Downgrade to eq...
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Jamie Dimon Complains More, As JPMorgan Chase Losses Eclipse $30 Billion

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May 21, 2012

Champion American complainer Jamie Dimon complained on Monday about Wall Street regulation, while also insisting he not be described as a complainer. All the while, his bank’s losses, partly resulting from lax regulation, continued to grow. An initial $2 billion trading loss is now likely well north of $30 billion, including a 19 percent...
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JPMorgan Halts Buybacks in Wake of Trading Loss – CNBC.com

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May 21, 2012
JPMorgan Halts Buybacks in Wake of Trading Loss – CNBC.com

Globe and MailJPMorgan Halts Buybacks in Wake of Trading LossCNBC.comJPMorgan Chase is suspending its share buybacks but maintaining its dividend as it licks its wounds from the aftermath of its $2 billion hedging loss, CEO Jamie Dimon said Monday. Spe...
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JPMorgan CEO Should Affirm If Dividend Is Safe, Citigroup Says – BusinessWeek

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May 21, 2012
JPMorgan CEO Should Affirm If Dividend Is Safe, Citigroup Says – BusinessWeek

ForbesJPMorgan CEO Should Affirm If Dividend Is Safe, Citigroup SaysBusinessWeekBy Rick Green on May 21, 2012 JPMorgan Chase & Co. (JPM) (JPM) Chief Executive Officer Jamie Dimon may give investors “a better explanation” of how the bank lost $2...
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CORRECT: Ryanair Says Fuel Costs, Euro Crisis To Pinch Profit – Wall Street Journal

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May 21, 2012
CORRECT: Ryanair Says Fuel Costs, Euro Crisis To Pinch Profit – Wall Street Journal

Telegraph.co.ukCORRECT: Ryanair Says Fuel Costs, Euro Crisis To Pinch ProfitWall Street Journal(In "UPDATE: Ryanair Says Fuel Costs, Euro Crisis To Pinch Profit," at 1032 GMT, the surname of the airline's deputy chief executive was misspe...
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Ryanair Says Fuel Costs, Euro Crisis To Pinch Profit – Wall Street Journal

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May 21, 2012
Ryanair Says Fuel Costs, Euro Crisis To Pinch Profit – Wall Street Journal

ITNRyanair Says Fuel Costs, Euro Crisis To Pinch ProfitWall Street JournalDB) Monday warned earnings will fall sharply this year as it becomes harder to offset high fuel costs with fare increases amid tough economic conditions in Europe. But the Irish ...
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Ryanair warns Europe slowdown to cut profit – Reuters

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May 21, 2012
Ryanair warns Europe slowdown to cut profit – Reuters

Telegraph.co.ukRyanair warns Europe slowdown to cut profitReuters* Irish airline beats forecasts with 25 pct 2012 profit surge * Warns profit to slump by up to 20 pct in coming year * CEO says fare hikes won't compensate for higher fuel * Announces...
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JPMorgan’s debacle, and its parallels to AIG – Washington Post

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May 19, 2012

JPMorgan's debacle, and its parallels to AIGWashington PostLast week, the once-future Treasury secretary and current JPMorgan Chase CEO Jamie Dimon revealed a $2 billion loss. This previously undisclosed derivative trade should be a wake-up call fo...
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Groupon CEO, founders to keep shares after lockup – Reuters

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May 17, 2012

Groupon CEO, founders to keep shares after lockupReuters* Mason, other founders to keep shares * Groupon shares fall 6 percent NEW YORK May 17 (Reuters) - Groupon Inc Chief Executive Andrew Mason and the company's other founders are planning to kee...
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JPMorgan’s big loss: Was it hedging or betting? – Philadelphia Inquirer

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May 16, 2012

Could misdirection over the meaning of a simple, five-letter word – hedge – be at the heart of the roiling controversy over JPMorgan Chase’s embarrassing $2 billion loss in European trading? CEO Jamie Dimon tried to quiet the storm at JPMorgan Chase & Co.’s annual shareholders’ meeting Tuesday… But proponents of stronger U.S. financial...
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Can Yahoo Become a Modern Media Company? – BusinessWeek

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May 15, 2012

Can Yahoo Become a Modern Media Company?BusinessWeekBy Mathew Ingram on May 15, 2012 Now that Yahoo! (YHOO) has managed to make its way through yet another CEO shuffle—its sixth in five years—the former portal must figure out what its future looks ...
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JP Morgan Chase CEO Is A Chameleon And A Snake – Full Story

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May 15, 2012
JP Morgan Chase CEO Is A Chameleon And A Snake – Full Story

(via South Florida Law Blog) The Jamie Dimon Apology Tour is in full swing. Perhaps you caught the first stop on this weekend’s Meet the Press.  The chairman of JP Morgan Chase is trying to play us for suckers, publicly apologizing for his bank’s $2 billion loss. He called it an “egregious mistake”. He claims...
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Should Facebook Fire JPMorgan? – TheStreet.com

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May 15, 2012
Should Facebook Fire JPMorgan? – TheStreet.com

TheStreet.comShould Facebook Fire JPMorgan?TheStreet.comBy Dan Freed 05/15/12 - 06:02 AM EDT NEW YORK (TheStreet) -- JPMorgan Chase (JPM), which disclosed losses of $2 billion on a trading strategy Chairman and CEO Jamie Dimon had defended less than a ...
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Obama says JPMorgan loss shows need for Wall Street reform – Reuters

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May 14, 2012
Obama says JPMorgan loss shows need for Wall Street reform – Reuters

New York Daily NewsObama says JPMorgan loss shows need for Wall Street reformReutersBy Jeff Mason | WASHINGTON (Reuters) - President Barack Obama said on Monday the huge trading loss at JPMorgan Chase & Co illustrated the need for Wall Street refor...
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Drew exit won’t fix J.P. Morgan’s risk problem – MarketWatch

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May 14, 2012

Ina Drew, the chief investment officer at J.P. Morgan Chase & Co., is out. And now everything is fine. The bank won’t be taking anymore risks and losing anymore money. Sorry for going all Onion on this story, but is that really what CEO Jamie Dimon and his team expects us to think, now...
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Best Buy Probe Finds Dunn Didn’t Misuse Funds – Wall Street Journal

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May 14, 2012

Best Buy Probe Finds Dunn Didn't Misuse FundsWall Street JournalBy MELODIE WARNER Best Buy Co.'s board found former Chief Executive Brian Dunn's didn't misuse company resources as he conducted an inappropriate relationship with an emplo...
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RBS Posts Wider Net Loss As It Shrinks Balance Sheet – Wall Street Journal

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May 4, 2012
RBS Posts Wider Net Loss As It Shrinks Balance Sheet – Wall Street Journal

AFPRBS Posts Wider Net Loss As It Shrinks Balance SheetWall Street JournalLONDON (Dow Jones)--Royal Bank of Scotland Group PLC (RBS) Friday hailed the progress it has made in its target of shrinking its way back to profitability and once again becoming...
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First Solar, SunPower See 2012 Gains After Quarterly Loss – Bloomberg

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May 3, 2012
First Solar, SunPower See 2012 Gains After Quarterly Loss – Bloomberg

PV-TechFirst Solar, SunPower See 2012 Gains After Quarterly LossBloombergFirst Solar Inc. (FSLR) and SunPower Corp. (SPWR), the two largest US solar companies, said restructuring efforts this quarter will improve 2012 results after posting first- quart...
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Chesapeake faces SEC probe – CNNMoney

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May 3, 2012
Chesapeake faces SEC probe – CNNMoney

New York TimesChesapeake faces SEC probeCNNMoneyBy Hibah Yousuf @CNNMoneyInvest May 3, 2012: 5:46 PM ET Chesapeake Energy and its embattled CEO Aubrey McClendon are facing an investigation by the Securities and Exchange Commission. Click the photo to c...
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