Boardroom Agenda
U.S. Investors Closely Monitoring Allianz’s PIMCO
Several U.S. institutional investors said they are closely monitoring the developments at PIMCO, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing ...
NetVU Names Miner Chairman of the Board
NetVU has named Debbie Miner as its newest chairman of the board. Miner began her career in 1972 as a receptionist and claims clerk for Bundy-McNear Insurance before moving to Henriott Group Inc., ...
Supreme Court Justices Grapple with Rules for Class Actions
U.S. Supreme Court justices sought a middle ground to preserve class-action shareholder lawsuits as they heard a case testing the legal rules that have fostered thousands of cases over the past ...
High Court to Determine Fate of Securities Class Actions
In a case eagerly watched by publicly traded companies regularly sued by investors, the U.S. Supreme Court will on Wednesday consider overruling a 26-year-old precedent that made it easier for ...
Is Jain Next? Buffett Vagueness Over Successor Worries Investors
Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc. will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. ...
Berkshire Posts 11th Straight Year of Underwriting Profit; Buffett Expects Billions from Specialty Ops
Insurance operations contributed $5.7 billion to total operating income of $15.1 billion for Berkshire Hathaway in 2013—with an underwriting profit of $2.0 billion (after taxes) representing the ...
Thiele Elected Director Of OneBeacon
The OneBeacon Insurance Group Ltd. board of directors announced Wednesday that it has elected Patrick A. Thiele as a class II director. Thiele's insurance career spans more than 30 years in the ...
Businesses with Investment Bankers on Their Boards Make Better M&A Deals: Research
Corporations with board directors who have investment banking experience are more likely to acquire other businesses—and make better acquisitions when they do—according to a new study from the ...