public marks

PUBLIC MARKS from bacon with tag corporation

April 2009

Allstate asked to report inappropriate CDS writing

Allstate Corporation has been asked to immediately report to state insurance regulators all of its participation in “unregulated insurance markets” and its knowledge of any insurance companies that conducted unregulated writing of credit de...

Calpine, GE Receive California Public Utilities Commission Approval of Power Purchase Agreement for Planned Bay Area State-of-the-Art Power Plant

Calpine Corporation (NYSE:CPN) and GE (NYSE: GE) unit GE Energy Financial Services announced today that the California Public Utilities Commission has approved an amended Power Purchase Agreement for a state-of-the-art combined-cycle natural gas power ...

SPX Corp. slashes FY09 outlook; Sees Q1 EPS at low end of prior forecast

SPX Corporation (NYSE:SPW) today announced updated revenue and earnings expectations for 2009. For the first quarter, revenues are expected to be down approximately 14% as compared to the first quarter of 2008. Organic revenues* for the first quarter a...

Chevron Corporation Expects 1Q Profit To Be 'Sharply Lower'

Chevron Corporation (NYSE:CVX) reported in its interim update that earnings for the first quarter 2009 are expected to be sharply lower than in the fourth quarter 2008. Upstream earnings are expected to decline substantially, in part due to lower price...

Capstone Turbine Corporation Reduces Number of Employees!

Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, today announced that, based on preliminary results for the fourth quarter of fiscal 2009, it lowered cash used substanti...

Intel's Craig R. Barrett unsure When Semiconductor Mkt Will Recover!

Intel Corp. Chairman Craig Barrett said Wednesday he expects stimulus plans from various governments to begin to help the global economy in six to 18 months, but the executive said it is hard to predict when the semiconductor market will recover. Intel...

Pulte Homes and Centex Corporation Merge in $1.3 Billion Deal!

Pulte Homes, Inc. said it’s buying rival builder Centex Corporation in a deal creating the country’s biggest home builder. Terms call for Centex holders to get 0.975 Pulte shares for each share they own, valuing Centex at $10.50 a share, a ...

March 2009

CEOWORLD Magazine Named Official Media Partner to The UK Corporate Governance Summit!

CEOWORLD Magazine is delighted to be among the Media Partners of the UK Corporate Governance Summit to be held on Thursday 16 – 17 June 2009 at London. “The UK Corporate Governance Summit will take a detailed look at the state of play for UK bu...

Ackman's Pershing nominates five to Target board!

Pershing Square Capital Management, L.P. announced today that it notified Target Corporation (NYSE: TGT) that certain of its affiliates intend to nominate five candidates for election to the company’s board of directors at its upcoming 2009 Annua...

February 2009

MBIA launches public finance company

MBIA Inc. today announced that it has established a new U.S. public finance financial guarantee insurance company within the MBIA Inc. group by restructuring (the “Transformation”) its principal insurance subsidiary, MBIA Insurance Corporation (“...

January 2009

Layoffs hits U.S. economy: Spread to More Sectors of the Economy!

On Jan. 26, U.S. companies slashed nearly 60,000 jobs new layoffs were announced at companies as varied as telecom giant Sprint Nextel, construction equipment maker Caterpillar, semiconductor manufacturer Texas Instruments, and pharmaceutical house Pfi...

Toyota names Akio Toyoda as new president: Ambitious and studious

TOYOTA MOTOR CORPORATION (TMC) announces a list of executive nominees (for the positions of president and higher) intended to be officially finalized at a board of directors meeting following this year’s annual general shareholders meeting in Jun...

December 2008

JDS Uniphase Corporation Names Thomas Waechter President and Chief Executive Officer

JDS Uniphase Corporation (NASDAQ: JDSU; and TSX: JDU) today announced that Thomas Waechter has been promoted to president and chief executive officer of JDSU effective January 1, 2009.  Mr. Waechter will also be appointed to JDSU’s Board of Director...

Huntsman Terminates Merger Agreement and Settles With Hexion and Apollo for $1 Billion

Huntsman Corporation (NYSE: HUN) today announced it has terminated its Merger Agreement with Hexion Specialty Chemicals, Inc. (“Hexion”).  In addition, Huntsman announced that it reached an agreement with Hexion, Apollo Management, L.P. (“Apollo...

Craig A. Rogerson Named Chairman, President & CEO at Chemtura Corporation!

Chemtura Corporation (NYSE:CEM) has announced the election of Craig A. Rogerson to the position of president, chief executive officer, and chairman of the board. The announcement, effective immediately, follows the resignation of Robert L. Wood for per...

November 2008

BofA CEO Kenneth D. Lewis advice to America: One too many auto makers

“I think there’s one too many” automakers, Bank of America CEO Kenneth Lewis told the Detroit Economic Club during a meeting in Cobo Center, the downtown convention center that’s home to the North American International Auto Sho...

What is The Millionaire Lifestyle Institute?

City Capital Corporation CEO,  Ephren W. Taylor II, launches The Millionaire Lifestyle Institute(TM) (MLI) Thursday, November 13 with co-founders Floyd Williams and Spencer Iverson. MLI is a unique and comprehensive success and wealth training progra...

Intel Tumbles; Fourth-Quarter Business Below Expectations!

Intel Corporation today announced that fourth-quarter business will be below the company’s previous outlook. The company now expects fourth-quarter revenue to be $9 billion, plus or minus $300 million, lower than the previous expectation of betwe...

National City Corp CEO Peter E. Raskind says no to PNC Financial Services Group Inc

Raskind had been expected to become a PNC vice chairman. His appointment to that role was announced on Oct. 24, when Pittsburgh-based PNC said it would buy Cleveland-based National City for $5.2 billion in stock, creating the seventh-largest U.S. bank ...

Dana Holding Corporation Announced John M. Devine As A New Chairman And CEO, Gary L. Convis As Vice Chairman

Dana Holding Corporation (NYSE: DAN) today announced that its Board of Directors has appointed John Devine to the expanded role of chairman and CEO, and named Gary Convis vice chairman. The changes are effective January 1, 2009. The Board has also exte...

October 2008

A review on Moody's Corporation Results for Third Quarter 2008: Elects Dr. Darrell Duffie to Board of Directors

Moody’s Corporation (NYSE: MCO) announced today that Dr. Darrell Duffie has been elected to its board of directors. His election is effective October 27, 2008. Dr. Duffie, 54, is the Dean Witter Distinguished Professor of Finance at the Stanford...

Intel CEO Paul S. Otellini seems overconfident with record Q3 results

The great thing about America is that everyone is entitled to thier opinion….and one is able to either voice it, or keep one’s mouth shut especially if said person has no idea what they are talking about…. So why not Intel CEO Paul S...

Jeffrey M. Roman CEO of Pangenex: looking for distributors and practitioners

PanGenex Corporation announced today that CEO and President, Jeff Roman, is featured in a broad scope text interview by Eric David Finance, Inc. (EDS). EDS, a Plainsboro, NJ-based Financial Marketing Consulting Firm, specializes in the Micro-Cap indu...

Michael E. Gerber to replace Henry D. Edelman at Farmer Mac

The Federal Agricultural Mortgage Corporation (Farmer Mac), as the government-sponsored enterprise is called, named Michael A. Gerber acting president and CEO, replacing Henry D. Edelman, will lead the search for a new Chief Financial Officer. Gerber ...

September 2008

Wachovia Corporation an acquisition machine about to collapse- for sale

I believe it is the loss of public confidence and the bad press that will do them in. It seems that another bank will go down sooner or later. The Wachovia Corporation was formed through a series of mergers over the years that not only made it one of ...

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