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Wednesday, February 8, 2012

As Facebook grows up, it courts Madison Avenue

Posted by Reuters: Business News on February 6, 2012

(Reuters) – About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Caroline Everson, then global advertising head at Microsoft Corp.



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Venezuela will not recognize World Bank ruling in Exxon case

Posted by Reuters: Business News on January 8, 2012

CARACAS (Reuters) – Venezuelan President Hugo Chavez said on Sunday that his country would not recognize a ruling by a World Bank tribunal in a multibillion-dollar arbitration case with Exxon Mobil Corp .



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Pepper Hamilton Appoints Carignan, Meltzer of Counsel in Restructuring Practice

Posted by The Distressed Debt Report on January 6, 2012

Law firm Pepper Hamilton promoted James Carignan and Evelyn Meltzer to of counsel in the firm's corp…
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United Tech makes biggest bet ever on Goodrich

Posted by Reuters: Business News on September 22, 2011

(Reuters) – United Technologies Corp’s Louis Chenevert placed the biggest bet of his tenure as chief executive with a $16.5 billion cash deal for aircraft components maker Goodrich Corp .



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Fed to hold hearings on Capital One, ING deal

Posted by Reuters: Business News on August 26, 2011

WASHINGTON (Reuters) – The Federal Reserve announced on Friday that it will hold three public meetings on the proposed purchase of ING Groep NV’s online bank ING Direct by Capital One Financial Corp.



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Stock futures climb on Berkshire investment in BofA

Posted by Reuters: Business News on August 25, 2011

NEW YORK (Reuters) – Stock futures added to gains on Thursday after Warren Buffett’s Berkshire Hathaway Inc agreed to invest $5 billion in Bank of America Corp.



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Buffett’s Berkshire wins EU okay for Lubrizol buy

Posted by Reuters: Business News on

BRUSSELS (Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway gained EU approval on Thursday for its $9 billion purchase of Lubrizol Corp .



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Wall Street reverses early gains as tech drags

Posted by Reuters: Business News on August 17, 2011

NEW YORK (Reuters) – U.S. stocks slipped on Wednesday, reversing gains of more than 1 percent, as weak results from Dell dragged down the largest U.S. personal computer makers and offset recent upbeat earnings and outlooks from retailers, including Target Corp .



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Analysis: Is it too early to write off Rupert Murdoch as CEO?

Posted by Reuters: Business News on July 19, 2011

NEW YORK (Reuters) – It looked like it was time for a changing of the guard at News Corp.



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Brown Rudnick Hires Harris as Partner in European Bankruptcy Group

Posted by The Distressed Debt Report on July 15, 2011

Law firm Brown Rudnick hired attorney Adrian Harris as a partner in its European bankruptcy and corp…
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