Sunday, May 27, 2012 5:24 PM EDT
Management in all business areas and human organization activity is the act of getting people together to accomplish desired goals and objectives. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.
By IBTimes
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. (May 25)
By Reuters UK
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. (May 25)
MORE TOPICS: CHINA, MORGAN STANLEY, GERMANY, ELECTIONS, STORM, EUROPEAN CENTRAL BANK
By Reuters UK
Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp <CHK.N> 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. (May 25)
MORE TOPICS: CARL ICAHN, NEW YORK, INVESTMENT
By Reuters UK
Dell Inc <DELL.O> is expected to reach an agreement to buy network security software maker Quest Software Inc <QSFT.O> as soon as this weekend after a previous deal fell apart, several people familiar with the matter said. (May 25)
MORE TOPICS: CALIFORNIA, NEW YORK, DELL
By IBTimes
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. (May 25)
MORE TOPICS: LEHMAN BROTHERS, CHRYSLER, INVESTMENT, BANK OF AMERICA, BARCLAYS, NYSE, NEW YORK, ATTORNEY FEES
By IBTimes
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. (May 25)
MORE TOPICS: NYSE, CHEVRON, COURT, NEW YORK, LAWYER, LAWSUIT
By Reuters UK
Billionaire investor Carl Icahn revealed a 7.6 percent stake in oil and gas company Chesapeake Energy Corp <CHK.N> 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. (May 25)
MORE TOPICS: CARL ICAHN, NEW YORK
By Reuters UK
Activist investor Carl Icahn reported a 7.6 percent stake in oil and gas company Chesapeake Energy Corp <CHK.N>, and asked for at least four members of its board to be replaced. (May 25)
MORE TOPICS: CARL ICAHN
By Reuters UK
JPMorgan Chase <JPM.N> 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. (May 25)
MORE TOPICS: FEDERAL RESERVE, SEC, JPMORGAN CHASE, FBI, INVESTMENT, LONDON
By iMoneywire
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. (May 25)
MORE TOPICS: SOUTH KOREA, INVESTMENT, SETTLEMENT
