IBTimes.com : Management Topic

Guardiola to Succeed Ferguson at Old Trafford - Report

Sun, 27 May 2012 09:36:53 EDT

Ferguson might finally step down at the end of next season, leaving the path clear for the Spaniard to succeed him at Old Trafford next year.

St. Xavier’s College Gearing Up For ‘Malhar Local 2012’

Sun, 27 May 2012 05:42:33 EDT

St. Xavier's College in Mumbai is preparing to host the annual inter-collegiate festival, "Malhar Local 2012." The event which is organized by around 1200 students is attended by more than 30,000 people from all over the country.

Liverpool Manager News: Reds Approach van Gaal as Martinez Decision Nears

Sun, 27 May 2012 04:47:06 EDT

Liverpool chiefs have spoken to Louis van Gaal as Wigan get ready to hold a press conference on Tuesday where Roberto Martinez will announce his decision.

Boeing Announces Successful Completion of PDR Software

Sun, 27 May 2012 02:33:08 EDT

Boeing Co announces the successful completion of the software Preliminary Design Review for its Commercial Crew Development initiative.

Moscow’s Airport Battle: How The Kremlin Is Moving To Wrest Control Of A $5 Billion Facility From Oligarchs

Sat, 26 May 2012 13:24:48 EDT

It’s a showdown between the government and the private owners of Domodedovo Airport, with the former trying by many accounts to pry control of Russia's most lucrative airport away from the shadowy company that runs it.

Lady Gaga May Continue Indonesian Tour

Sat, 26 May 2012 11:44:27 EDT

Indonesian officials are considering allowing the controversial Lady Gaga to resume her concert is she tones down her acts, as offered by the pop superstar's promoter.

Tax could cost UBS up to 10 percent of Europe assets

Sat, 26 May 2012 07:42:02 EDT

UBS AG could see up to 10 percent of its European assets of 300 billion Swiss francs (199.52 billion pounds) moved out due to pressure to clamp down on untaxed accounts, the head of the wealth management business was quoted as saying on Saturday.

Nomura linked to another insider trading case: sources

Sat, 26 May 2012 06:35:03 EDT

Japan's securities regulator will seek a fine against a fund management arm of Sumitomo Mitsui Trust Holdings <8309.T> for insider trading for the second time and believes an employee of broker Nomura Holdings <8604.T> was again the source of the leak, two people with direct knowledge of the matter said.

Asia's richest man cleverly sidesteps possibility of family feud

Sat, 26 May 2012 03:49:02 EDT

Octogenarian Hong Kong billionaire Li Ka-shing mapped out a succession plan for one of Asia's biggest family empires, ensuring a smoother transition for the Cheung Kong <0013.HK> group than that of real estate rival Sun Hung Kai Properties <0016.HK>.

The Pain In Spain: Bankia Bailout, 5 Credit-Rating Downgrades

Fri, 25 May 2012 23:30:19 EDT

Spain's Bankia S.A. requested the country's government provide it with a bailout worth €19 billion ($24 billion) on Friday, the same day Standard & Poor's Ratings Services said it lowered its ratings on five financial institutions based in the Iberian nation.

Summer of discontent beckons

Fri, 25 May 2012 18:42:02 EDT

The late spring warmth spreading across Europe and the United States is unlikely to soothe a growing anxiety in financial markets that the global outlook is anything but balmy.

Icahn buys Chesapeake stake, seeks board changes

Fri, 25 May 2012 18:00:05 EDT

Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp and called for the natural gas producer to replace at least four directors, saying the board has failed "in a dramatic fashion" in its oversight of management.

Dell-Quest deal possible over weekend - sources

Fri, 25 May 2012 17:35:02 EDT

Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said.

In Lehman's Archstone Deal, 'Grave Dancer' Sam Zell Wins Again

Fri, 25 May 2012 17:34:58 EDT

Sam Zell, the Chicago real-estate mogul, has become so well-known for feasting on distressed assets that he's been called the "grave dancer." This week, Zell took the nickname to the next level: He's about to receive $70 million from a ghost.

NY Comptroller To Chevron: Time To Pay $18 Billion Ecuador Fine

Fri, 25 May 2012 17:14:51 EDT

New York Comptroller Thomas DiNapoli renewed his call on Friday that Chevron Corp. (NYSE: CVX), the second-largest oil company in the U.S., settle its legal battle against a multibillion-dollar judgment in Ecuador, to avoid further damaging its reputation and shareholder value.

Icahn discloses Chesapeake stake, asks for board changes

Fri, 25 May 2012 16:49:03 EDT

Billionaire investor Carl Icahn revealed a 7.6 percent stake in oil and gas company Chesapeake Energy Corp and called for the company to replace at least four of its directors, saying the board has failed "in a dramatic fashion" in its oversight of management.

Icahn reports 7.6 percent Chesapeake stake, seeks to replace 4 directors

Fri, 25 May 2012 16:28:03 EDT

Activist investor Carl Icahn reported a 7.6 percent stake in oil and gas company Chesapeake Energy Corp , and asked for at least four members of its board to be replaced.

JPMorgan's Dimon to testify before Congress in June

Fri, 25 May 2012 15:21:07 EDT

JPMorgan Chase Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion (1.27 billion pounds), Senator Tim Johnson said on Friday.

Solutions to Managing Foreign Cash Flows

Fri, 25 May 2012 14:52:20 EDT

The hard reality is that companies involved in global trade are almost always exposed to exchange rate risk. Using very simple tools, uncertainty can be effectively stripped out of a transaction.

Pope Benedict XVI's Butler Arrested In Leaks Investigation

Fri, 25 May 2012 14:09:06 EDT

Vatican police arrested Pope Benedict XVI's personal butler on Friday following an investigation into the "Vatileaks" scandal in which confidential church documents, including personal letters to the pope, were made public.

Bankia, Catalonia pile on Spanish debt worries

Fri, 25 May 2012 13:49:04 EDT

Financial troubles at a big Spanish bank and one of the country's richest regions, Catalonia, piled on problems on Friday for the Madrid government and for investors who question whether it can pay its debts without help from euro zone allies.

Talbots deal on hold for now, shares plunge

Fri, 25 May 2012 13:28:02 EDT

Shares of Talbots Inc plunged as much as 39 percent on Friday after exclusive negotiations with Sycamore Partners ended without an agreement for the private equity firm to buy the women's apparel retailer, which can now look for other deals.

Limbaugh Boycott Gets Mixed Results; Sponsors Still Out On Ratings Decline

Fri, 25 May 2012 13:07:08 EDT

Three months after Rush Limbaugh characterized a Georgetown Law School student Sandra Fluke as a “slut” and a “prostitute,” a liberal-backed boycott of the right-winger’s radio show has been effective.

Exclusive: F1 chairman puts brake on IPO talk

Fri, 25 May 2012 13:00:05 EDT

Businessman Peter Brabeck, celebrating his appointment as Formula One chairman on Friday, said the motor racing series had not made a decision on whether to proceed with a much discussed $10 billion listing on the stock market in Singapore.

U.S. Calls For Exercise In Gulf Of Mexico To Prevent Oil Spill Disasters

Fri, 25 May 2012 11:22:11 EDT

The Department of the Interior on Thursday called for a deepwater oil and natural gas containment exercise, designed to test the oil industry's readiness and capacity to respond to a future accident like the Deepwater Horizon in the Gulf of Mexico.

Apple CEO Tim Cook Turns Down $75M Payout

Fri, 25 May 2012 08:37:47 EDT

The head of Apple, Tim Cook, is passing up a huge $75 million windfall which he is due as part of an employee dividend scheme.

Bankia set to ask Spain for more than $19 billion

Fri, 25 May 2012 08:21:02 EDT

Spain's Bankia SA is set to ask the state for a more than 15 billion euros ($19 billion) bailout on Friday, marking another rise in the cost of a drawn-out rescue of the country's fourth-biggest bank.

EUR/JPY and GBP/JPY at Declining Channel Support

Fri, 25 May 2012 08:00:14 EDT

Basically in both the EUR/JPY and GBP/JPY, we are ready for some corrective rally. However, there is still further downside before some more key support factors come in play. So without confidence for the bullish outlook from the current support, it may be prudent to apply quicker trade management (ie. move stop to lock in profit early), if you are trading into a corrective rallies.

US Treasury Market and Yen Relationship Tells a Story

Fri, 25 May 2012 07:51:25 EDT

A relationship we've been closely watching for several months (from April and May); "A new high in the 10 year note is most likely not going to be coincident with a new high in Yen (new low in USDJPY). This divergence will help in timing the next USDJPY long.

London Olympics 2012: Ennis' Coach Dismisses UKA Fat Jibe

Fri, 25 May 2012 05:02:04 EDT

Jessica Ennis, the London 2012 Olympics poster girl, has been labelled fat by officials from UK Athletics, according to her coach Tony Minichiello.

Crude Oil MACD Signal: Buy at 106,86 - Stop Loss at 106,04

Fri, 25 May 2012 04:27:15 EDT

Date: 25.05.2012 MACD Crossover at: 04:00 AM EST Signal: Buy Action: Market Order opened Stop Loss: 106,04 Take Profit: When the next crossover of the MACD line and the signal line occurs.

Gold (XAU/USD) MACD Signal: Buy at 1.563,83 - Stop Loss at 1.552,39

Fri, 25 May 2012 04:12:41 EDT

Date: 25.05.2012 MACD Crossover at: 04:00 AM EST Signal: Buy Action: Market Order opened Stop Loss: 1.552,39 Take Profit: When the next crossover of the MACD line and the signal line occurs.

Liverpool Manager News: Reds' Star Endorses Van Gaal Appointment

Fri, 25 May 2012 03:33:15 EDT

Dirk Kuyt believes Louis van Gaal's experience would be a major asset to the club if he were to be appointed as either the manger or the sporting director at Anfield.

Spain's Bankia shares suspended: regulator

Fri, 25 May 2012 03:14:02 EDT

Trading in the securities of Spanish lender Bankia has been suspended "due to circumstances that may affect the normal share trading," stock market regulator CNMV said on Friday.

HP's Mobile Software Team Leave for Google

Fri, 25 May 2012 03:13:41 EDT

The team behind the webOS mobile operating system will be leaving HP and joining Google in the latest restructuring move at HP.

Argentina’s Runaway Train System: Fatal Crashes Could Have Been Prevented

Thu, 24 May 2012 21:03:36 EDT

At long last, the government of Argentina is revoking the contract of a private transportation company whose mismanagement of metropolitan transportation lines resulted in the deaths of 51 people on February 23 of this year.

Email, wiretaps, at trial link Gupta to Rajaratnam

Thu, 24 May 2012 19:14:02 EDT

Using FBI wiretaps, email, phone records and the testimony of a Goldman Sachs Group Inc director, U.S. prosecutors drew a picture for jurors on Thursday of events that led to the insider-trading trial of onetime corporate star Rajat Gupta.

Top women on Wall Street: Equal-opportunity axing?

Thu, 24 May 2012 18:00:04 EDT

The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week after the bank suffered mammoth trading losses.

Bankia to ask Spain for over 15 billion euros - source

Thu, 24 May 2012 17:28:03 EDT

Spanish lender Bankia will ask the state for more than 15 billion euros (12 billion pounds) to bail it out when its new management team presents a restructuring plan on Friday, a financial sector source said late on Thursday.

Icahn buys stake in Chesapeake - report

Thu, 24 May 2012 17:21:02 EDT

Billionaire hedge fund manager Carl Icahn has purchased a stake in Chesapeake Energy Corp , according to Bloomberg, which sourced the information to a person with knowledge of the matter.

Make Friends with Companion Diagnostics to Bolster Your Biotech Portfolio: Stephen Brozak

Thu, 24 May 2012 16:56:02 EDT

Hitting just the right target and engineering cells to perform certain tasks will unlock the deep secrets of biology and change the entire paradigm of medicine, says WBB Securities President and Managing Partner Stephen Brozak.

Spain's Bankia to ask state for over 15 billion euros

Thu, 24 May 2012 16:42:02 EDT

Troubled Spanish lender Bankia will ask the state to bail it out for more than 15 billion euros (12 billion pounds) when its new management team presents a restructuring plan on Friday, a financial sector source said late on Thursday.

Kate Upton Is Back With Sexy Beach Bunny Swimwear Video

Thu, 24 May 2012 15:59:41 EDT

Kate Upton, a Sports Illustrated swimsuit edition cover girl and one of the most promising young models in America, is back with a Beach Bunny swimwear video after surviving a controversy over a sexy YouTube clip was taken down by the site.

USD/CHF Slowing Its Bull Run at the 2012 High

Thu, 24 May 2012 13:21:08 EDT

The 1H chart does show the type of bearish divergence I consider valid. A break below 0.9530 can start the topping process. Again, the maximum bearish target here is 0.94. traders might want to consider early trade management to lock in profit even before the market gets to this level in case the rejection from 0.9593 2012-high is a fleeting one.

Call My Bluff: Greece Dares EU As It Edges Closer To 'Drachmageddon'

Thu, 24 May 2012 12:56:25 EDT

Greece, a country that accounts for less than 2 percent of the union's GDP, continues to wreak havoc among EU leaders as they plead and threaten the Mediterranean basket case to abide by a harsh medicine of tax rises, welfare cuts and liberalization.

Exclusive: Fidelity facing "thousands" hit by Facebook woes

Thu, 24 May 2012 12:49:05 EDT

Fidelity Investments said it was working with "thousands" of brokerage clients affected by trading issues that have engulfed Facebook Inc's much-anticipated initial public offering, according to a source familiar with the situation.

$114,000 Debt Paid In Cash By Canadian Lawyer Alex Kenjeev

Thu, 24 May 2012 12:42:21 EDT

A Canadian law school graduate thought it would get "a few laughs" if he paid his $114,000 law school debt in cash. The story of Alex Kenjeev, from Montreal, first surfaced when a Reddit user reposted a photo of the $114,000 receipt Kenjeev had posted on his Facebook account on the Reddit website.

Whistleblower Woodford's Olympus court clash looms

Thu, 24 May 2012 12:35:02 EDT

Michael Woodford, the ousted Olympus <7733.T> CEO, will next Monday bring his lawsuit for unfair dismissal for whistleblowing and discrimination against his former Japanese employer, in a case that could yield a record payout.

Dow says wins $2.16 billion in Kuwait arbitration

Thu, 24 May 2012 12:00:09 EDT

An arbitrator ruled Kuwait's state-run chemical company must pay Dow Chemical Co $2.16 billion for wrongly canceling a planned plastics joint venture in 2008, Dow said on Thursday.

Analysts back Hewlett Packard's layoff plans

Thu, 24 May 2012 10:28:03 EDT

Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.