A Wall Street analyst is projecting Apple’s iPad sales to reach 28 million in 2011, with low-end notebook computer sales suffering as a result.
Continue reading Apple iPad Sales Projected to Hit 28 Million in 2…
Burger King (BKC) will have a new CEO once it is sold to 3G Capital.
3G today announced that it plans to appoint Bernardo Hees, a partner at the investment group, as CEO of the fast-food retailer once the deal is complete.
Hees was previously CEO of America Latina Logistica, a railroad and logistics company.
“Bernardo is an experienced executive with an impressive track record of…
Continue reading 3G Capital Appoints New Burger King CEO
3G Capital Appoints New Burger King CEO originally appeared on DailyFinance on Thu, 09 Sep 2010 09:11:00.
Filed Under: Company News, People, Investing, Retail
Goldman Sachs (GS) poached a top banker from the London office of Swiss bank UBS (UBS), The Financial Times reported.
Philip Shelley, co-head of corporate broking at UBS, will make the move to Goldman later this year, The Financial Times reported without naming its sources.
Corporate broking involves a bank acting as a point of contact between a company and its investors.
Shelley…
Continue reading Goldman Sachs Poaches Senior Banker From UBS
Goldman Sachs Poaches Senior Banker From UBS originally appeared on DailyFinance on Thu, 09 Sep 2010 08:47:00.
Filed Under: Company News, People, Goldman Sachs , Credit
The stock is trading at $60 a share — about where it was during the March 2009 market low. Even as oil has rebounded to $74 from $40 at that time, ExxonMobil languishes. That could soon change.
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The thrifty new small car replaces the underwhelming Chevy Cobalt, a model that had a hard time competing with the likes of Toyota’s Corolla and Ford’s Focus, new versions of which are due in coming months. A manual transmissi…