The third largest U.S. railroad operator CSX announced Wednesday it would boost its quarterly dividend by 8%, from 24 cents to 26 cents, returning more of its earnings to shareholders.
Continue reading CSX Boos…
Shares of Green Mountain Coffee Roasters plummeted 17.4% in morning trading Wednesday after the company announced that it had discovered $4.4 million worth of accounting errors dating back to 2007, and that the SEC had started …
Barry Diller announced his impending resignation as Live Nation chairman Tuesday, perhaps putting an end to his tussle with the rest of its board for control of the struggling concert promoter and talent agency nearly a year af…
Bill Gates and Warren Buffett are scheduled to dine with Chinese businessmen Wednesday in a bid to promote philanthropy in the world’s second-largest economy.
The dinner will be held at a mansion, modeled after the baroque 17th century Chateau de Maisons-Laffitte in France, on the edge of Beijing, The Associated Press said.
Invitees include Pan Shiyi and Zhang Xin, chairman and CEO…
Continue reading Gates, Buffett Will Promote Philanthropy to China’s Rich
Gates, Buffett Will Promote Philanthropy to China’s Rich originally appeared on DailyFinance on Wed, 29 Sep 2010 08:39:00.
Filed Under: Company News, Economy, People
Saab Automobile signed a deal to begin using BMW engines as the struggling Swedish automaker seeks to restore its profitability and prestige.
Continue reading In Bid to Revive its Fortunes Saab Inks Engine Deal…