International Business News - Management http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The investment office that manages the assets of the Bill & Melinda Gates Foundation Trust says it would not support Waste Management Inc.'s bid to buy a rival trash hauler. http://www.ibtimes.com/articles/20080718/gates-foundation-doesnt-support-republic-purchase.htm Fri, 18 Jul 2008 14:59:29 EDT The trash talking has begun. In a stinging letter Friday, garbage hauler Republic Services Inc. rejected an unsolicited $6.19 billion cash offer from larger rival Waste Management Inc., saying the proposal "seriously undervalues" its company. http://www.ibtimes.com/data/articleimgs/93548-waste-management-republic.jpg http://www.ibtimes.com/articles/20080718/republic-services-rejects-waste-management-bid.htm http://www.ibtimes.com/articles/20080718/republic-services-rejects-waste-management-bid.htm Fri, 18 Jul 2008 15:45:12 EDT The Cheesecake Factory Inc. said Wednesday it hired Mark Mears as chief marketing officer, a new position at the casual restaurant chain. Mears, 46, was most recently senior vice president of marketing and sales at Universal Studios Hollywood, which is part of NBC Universal. http://www.ibtimes.com/articles/20080716/cheesecake-factory-names-marketing-chief.htm Wed, 16 Jul 2008 13:17:49 EDT The chief financial officer of German clothing retailer Hugo Boss resigned, the company announced Wednesday, citing differences over the company's growth strategy. http://www.ibtimes.com/articles/20080716/hugo-boss-finance-chief-joachim-reinhardt-resigns.htm Wed, 16 Jul 2008 09:14:11 EDT Ann Taylor Stores Corp. said Tuesday that its supply chain chief has resigned and that it has expanded the role of two other executives. Chief Supply Chain Officer Anthony Romano, 46, resigned to pursue other interests, the company said in a statement. The women's clothing retailer said it would announce Romano's replacement shortly. http://www.ibtimes.com/articles/20080715/ann-taylor-supply-chain-chief-resigns.htm Tue, 15 Jul 2008 10:11:23 EDT Fitch Ratings has placed the ratings of Waste Management Inc. on review for possible downgrade after the nation's largest garbage hauler made an unsolicited offer to buy Republic Services Inc. for about $6.19 billion. http://www.ibtimes.com/articles/20080714/fitch-mulls-downgrade-of-waste-management-ratings.htm Mon, 14 Jul 2008 15:57:19 EDT Waste Management, the nation's largest garbage hauler and landfill operator, says its expects to report second-quarter earnings above Wall Street expectations. http://www.ibtimes.com/articles/20080714/waste-management-sees-2q-profit-above-analyst-view.htm Mon, 14 Jul 2008 09:10:51 EDT Waste Management on Monday made an unsolicited offer to buy disposal company Republic Services Inc. for $6.19 billion in cash, aiming to block its biggest rivals from teaming up against the nation's largest garbage hauler. http://www.ibtimes.com/data/articleimgs/91283-waste-management-republic-services.jpg http://www.ibtimes.com/articles/20080714/waste-management-offers-to-buy-republic-services.htm http://www.ibtimes.com/articles/20080714/waste-management-offers-to-buy-republic-services.htm Mon, 14 Jul 2008 18:23:55 EDT Shares of Waste Management fell more than 6 percent Monday afternoon, after the nation's largest garbage hauler and landfill operator issued a hefty offer for rival disposal company Republic Services. http://www.ibtimes.com/articles/20080714/waste-management-offers-to-buy-allied-waste.htm Mon, 14 Jul 2008 13:58:55 EDT Yingli Green Energy Holding Co. Ltd., which makes solar products, said Thursday it received a contract from Belgium-based Enfinity Management BVBA to supply solar modules. http://www.ibtimes.com/articles/20080703/belgian-company-buying-solar-modules-from-yingli.htm Thu, 03 Jul 2008 08:12:45 EDT Rentech Inc., which licenses technology to turn oil byproducts into diesel and other fuels, said Monday Chief Financial Officer Merrick Kerr will resign from the company July 18. http://www.ibtimes.com/articles/20080701/rentech-says-chief-financial-officer-resigning.htm Tue, 01 Jul 2008 08:05:19 EDT Among the stock activity stories for Wednesday, June 11, from AP Financial News: NEW YORK (AP)--Shares of Health Management Associates Inc. dropped about 5 percent Wednesday, as analysts said the slowing economy will continue to pressure hospital admissions as cash-strapped consumers put off elective procedures. http://www.ibtimes.com/articles/20080611/movers-roundup-health-management-fti-consulting.htm Wed, 11 Jun 2008 14:16:29 EDT Shares of Health Management Associates Inc. dropped about 5 percent Wednesday, as analysts said the slowing economy will continue to pressure hospital admissions as cash-strapped consumers put off elective procedures. http://www.ibtimes.com/articles/20080611/health-management-slides-as-economy-hurts-admissions.htm Wed, 11 Jun 2008 12:42:29 EDT Ford Motor Co. said Thursday it will cut salaried employee costs by 15 percent by August 1 and some people will loose their jobs. http://www.ibtimes.com/articles/20080605/ford-shakes-management-positions.htm Thu, 05 Jun 2008 18:24:30 EDT Amedisys Inc., a nursing-home services company, said Monday it acquired five home-health agencies from Health Management Associates Inc., a hospital owner and operator. http://www.ibtimes.com/articles/20080602/amedisys-acquires-5-home-health-locations.htm Mon, 02 Jun 2008 07:24:22 EDT SEI Investments Co., an investment and asset management company, said Thursday that it has added more than $4.1 billion in new institutional assets under management and 16 new clients through April. http://www.ibtimes.com/articles/20080529/sei-adds-4-1-billion-in-assets-under-management.htm Thu, 29 May 2008 08:38:23 EDT Hospital operator Health Management Associates Inc. said Thursday it plans to offer up to $225 million in convertible senior subordinated notes due 2028, through a private placement to institutional buyers. http://www.ibtimes.com/articles/20080515/health-management-plans-to-offer-225m-in-notes.htm Thu, 15 May 2008 09:25:41 EDT Patriot Risk Management Inc. said Tuesday it plans an initial public offering of common stock, but did not disclose any terms of the IPO in its filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080513/patriot-risk-management-to-go-public.htm Tue, 13 May 2008 09:26:39 EDT Investment manager Calamos Asset Management Inc. said Tuesday its total assets under management in April rose 7 percent from the previous month. Calamos had $43.7 billion in total assets under management at the end of April, compared with $40.9 billion at the end of March. The investment manager had $43 billion in assets under management at the end of April 2007. http://www.ibtimes.com/articles/20080513/calamos-asset-managing-43-7-billion-up-7-percent.htm Tue, 13 May 2008 07:17:39 EDT The president of United Technologies Corp.'s elevator subsidiary, Otis, has been named president of the parent company's commercial businesses. Ari Bousbib will oversee Otis, Carrier heating and ventilating, UTC Fire and Security and UTC Power, which produces fuel cells. Bousbib, 47, also will oversee United Technologies international operations, which has offices in Beijing, Brussels, Moscow, Seoul and Singapore. http://www.ibtimes.com/articles/20080512/otis-chief-elevated-at-united-technologies-corp.htm Mon, 12 May 2008 19:15:55 EDT