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  • Telefónica seeks O2 engagement

    Telefónica seeks O2 engagement

    January 21, 2015 Harry Joiner
    Concerns rise about owning a shrinking mobile-only business as rivals bolster broadband and TV Source: Companies
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    January 21, 2015Telefónica seeks O2 engagement
    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    January 21, 2015 Harry Joiner
    In at least three previous State of the Union speeches, President Barack Obama placed great emphasis on his "all of the above" energy strategy — one that includes both aggressive pursuit of…
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    January 21, 2015Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?
    Windows 10's Cortana: A Solution Without A Problem?

    Windows 10's Cortana: A Solution Without A Problem?

    January 21, 2015 Harry Joiner
    A large focus of Microsoft's press event today other than high-concept holograms and Windows 10 itself was the personification of the OS, Cortana. We've seen the Halo-themed AI (complete with original…
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    January 21, 2015Windows 10's Cortana: A Solution Without A Problem?
    Microsoft Augments Reality With Windows Holographic

    Microsoft Augments Reality With Windows Holographic

    January 21, 2015 Harry Joiner
    Microsoft debuted its new augmented reality tech at the Windows 10 live event today. Source: Technology
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    January 21, 2015Microsoft Augments Reality With Windows Holographic
    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    January 21, 2015 Harry Joiner
    Xbox One users are gaining the ability to stream any Xbox One game to an in-network tablet or PC running Windows 10. Source: Technology
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    January 21, 2015With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

Fitch Affirms Banco de la Nacion's (Peru) IDR at 'BBB+'; Upgrades VR to 'bbb-'

July 14, 2014 by Harry Joiner - Add Comment
(The following statement was released by the rating agency) NEW YORK, July 14 (Fitch) Fitch Ratings has affirmed Peru’s Banco de la Nacion’s (BN) support-driven foreign currency long-term Issuer Default Rating (IDR) at ‘BBB+,’ local currency long-term IDR at ‘A-‘, foreign currency short-term IDR at ‘F2’ and its Support Rating Floor at ‘BBB+’. In addition, Fitch has upgraded Banco de la Nacion’s Viability Rating (VR) to ‘bbb-‘ from ‘bb+.’ The Rating Outlook is Stable. A full list of rating a Read Full Article →

Pink slips to 1,000 casino workers at Atlantic City's Trump Plaza

July 14, 2014 by Harry Joiner - Add Comment
July 14 (Reuters) – Layoff notices went out on Monday for roughly 1,000 employees of Atlantic City’s Trump Plaza Casino Hotel, in anticipation of a Sept. 16 closure, the company said in a statement. Source: Financials
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U.S. says weighing options after WTO ruling on India steel subsidies

July 14, 2014 by Harry Joiner - Add Comment
WASHINGTON, July 14 (Reuters) – The United States is studying a World Trade Organization ruling about anti-subsidy duties imposed on some Indian steel products and will consider all available options, the office of the U.S. Trade Representative said on Monday. Source: Financials
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UPDATE 4-Citigroup to pay $7 bln to settle U.S. mortgage probe

July 14, 2014 by Harry Joiner - Add Comment
(Adds details of wrongdoing, quotes from press conference) Source: Financials
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After Market: A Nice Rebound After Last Week's Weak Showing

July 14, 2014 by Harry Joiner - Add Comment
Filed under: Earnings, Market News, Mergers & Acquisitions, Investing Citigroup grabbed the spotlight Monday — for reasons both positive and negative — while Wall Street continued its march higher as earnings season started to kick into high gear. The Dow Jones industrial average (^DJI) gained 111 points, the Nasdaq composite (^IXIC) rose almost 25 points and the Standard & Poor’s 500 [...]
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Man Utd seal £750m Adidas tie-up

July 14, 2014 by Harry Joiner - Add Comment
UK Premiership club is lifted after its worst season in decades by landing record 10-year shirt deal with German sportswear group after Nike pulls out Source: Companies
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Citigroup weathers $7bn MBS settlement

July 14, 2014 by Harry Joiner - Add Comment
A $3.8bn pre-tax charge nearly wiped out second-quarter earnings but shares rise on a settlement whose terms had been widely trailed Source: Companies
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Sotheby’s joins forces with eBay

July 14, 2014 by Harry Joiner - Add Comment
Under the terms of the deal, eBay’s buyers will be able to bid for art and collectables from Sotheby’s live auctions that take place in New York Source: Companies
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BTG buys Generali’s BSI unit for SFr1.5bn

July 14, 2014 by Harry Joiner - Add Comment
With completion of the deal, Italian insurer Generali will have raised €3.7bn from the disposal of non-core assets over the past 18 months Source: Companies
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The power of parent bloggers

July 14, 2014 by Harry Joiner - Add Comment
Advertisers are courting influential mums online (and the odd dad) as a US trend spreads across Europe and Asia, creating networks in its wake Source: Management
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Rent-a-Center and GameStop's Bad Call: Copying RadioShack

July 14, 2014 by Harry Joiner - Add Comment
Filed under: Earnings, Retail, Telecommunications, Upgrades and Downgrades, Investing Tim Boyle/Getty Images Rent-a-Center (RCII) is developing a new product line to get it out of its slump. “We are not satisfied with our second quarter results and hold ourselves accountable for improving our performance,” the CEO of the country’s largest rent-to-own retailer said after [...]
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Vitamin D helps make up for lack of sun

July 14, 2014 by Harry Joiner - Add Comment
Once thought to be beneficial only to bones, the vitamin is now known to have far-reaching effects within the human body Source: Management
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Cool heads improvise in crisis and calm

July 14, 2014 by Harry Joiner - Add Comment
Executives can learn lessons from the explorer Ernest Shackleton and the Japanese nuclear plant saved from meltdown Source: Management
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Capital Club, Nairobi

July 14, 2014 by Harry Joiner - Add Comment
The capital’s latest private members’ club includes the biggest business names in town Source: Management
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A Look at the New Alcoa Inc

July 14, 2014 by Harry Joiner - Add Comment
Filed under: Investing Alcoa    recently reported earnings of $0.18 versus analyst expectations of $0.12 on revenue of $5.8 billion in its second quarter conference call on Tuesday. Needless to say, the stock is responding positively to the news, up over 6% since reporting. Including the recent rally, the stock is up over 87% in the last year. With the stock price nearly doubled, is it too late for investors to buy shares of Alcoa? Alcoa CEO Klaus Kleinfeld discussed multiple areas in which the company has made improvements to reduce costs and spur innovation [...]
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Why Tripadvisor Inc Shares Could See Turbulence

July 14, 2014 by Harry Joiner - Add Comment
Filed under: Investing While Fools should generally take the opinion of Wall Street with a grain of salt, it’s not a bad idea to take a closer look at particularly stock-shaking analyst upgrades and downgrades — just in case their reasoning behind the call makes sense. What: Shares of Tripadvisor Inc slipped 1% in premarket trading Monday after Nomura Securities downgraded the online travel company from buy to neutral. So what: Along with the downgrade, analyst Anthony DiClemente reiterated his price target of $103, representing about 2% worth of downside to Friday’s close. So [...]
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Is It Finally Time to Buy ConAgra?

July 14, 2014 by Harry Joiner - Add Comment
Filed under: Investing ConAgra Foods shareholders have had a hard time stomaching its earnings and outlook statements in the last couple of years. The company has disappointed across all of its segments, and its acquisition of Ralcorp has been fraught with unexpected difficulties. With that said, the stock now stands at a valuation discount to peers like Treehouse Foods and Kraft Foods , but does this make it the value play in the sector? It’s time to look more closely. ConAgra Foods in charts Sometimes a chart tells you a lot of what you [...]
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Intel Corporation Earnings Preview: What You Need to Know

July 14, 2014 by Harry Joiner - Add Comment
Filed under: Investing Intel is the world’s largest semiconductor company by revenue. The company dominates the market for chips found in notebook and desktop computers, as well as the market for processors that go into many compute-focused portions of the data center. The company reports earnings on Tuesday, which should provide long-term investors with a number of key data points. More details on the PC market needed Intel investors got a mighty fine treat on June 12 when the company pre-announced that unexpectedly strong corporate PC sales drove significant upside to the company’s prior [...]
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RPT-Wall St Week Ahead-Tech earnings get top billing

July 13, 2014 by Harry Joiner - Add Comment
NEW YORK, July 13 (Reuters) – Earnings from some of the biggest U.S. technology companies will take center stage this week, giving investors a chance to re-evaluate the sector’s health. Source: Financials
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Slovenia's Cerar says to meet EU economic goals, but path might change

July 13, 2014 by Harry Joiner - Add Comment
LJUBLJANA, July 13 (Reuters) – Miro Cerar, whose party was on course to win a parliamentary election in Slovenia on Sunday, said he would strive to meet economic goals agreed with the European Union but that the country would seek its “own ways” of getting there. Source: Financials
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UPDATE 3-Political novice Cerar wins Slovenian election – exit poll

July 13, 2014 by Harry Joiner - Add Comment
* Euro zone country narrowly avoided international bailout Source: Financials
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AIRSHOW-Pratt offers improved A320neo engines in battle with CFM

July 13, 2014 by Harry Joiner - Add Comment
LONDON, July 13 (Reuters) – Engine maker Pratt & Whitney unveiled an enhancement to its engine for the Airbus A320neo plane on Sunday that it says will improve fuel burn efficiency by a further 2 percent, stepping up the battle with rival CFM. Source: Financials
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Centre-left political novice wins Slovenia election – exit poll

July 13, 2014 by Harry Joiner - Add Comment
LJUBLJANA, July 13 (Reuters) – Centre-left political novice Miro Cerar led his party to victory in a parliamentary election in Slovenia on Sunday, according to results of an exit poll, leaving him seeking partners to share the quest of fixing the country’s finances. Source: Financials
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Upbeat outlook for Europe’s corporates

July 13, 2014 by Harry Joiner - Add Comment
European stock market indices are trading near six-year highs and analysts are anxious to find out if earnings will justify valuations Source: Companies
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Is This How General Motors Will Fix Cadillac?

July 13, 2014 by Harry Joiner - Add Comment
Filed under: Investing After a strong 2013, sales of the well-regarded Cadillac ATS are down over 20% this year. GM hopes this new coupe version will help draw buyers. Source: General Motors Co. Is the Cadillac brand finally headed back in the right direction after months of disappointing sales? Certainly the news is promising. General Motors said on Friday that it had appointed Johan de Nysschen to a new role as a GM executive vice president and president of the Cadillac brand. De Nysschen replaces Bob Ferguson, whose title until Thursday was Senior Vice [...]
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1 Amazingly Simple Way to Cut Student Loan Debt That No One Thought of – Until Now

July 13, 2014 by Harry Joiner - Add Comment
Filed under: Investing Flickr / silly_little_man. Think about this statement for a minute: Education can reduce student loan debt. Though it might sound like a paradox – after all, isn’t it the pursuit of education that has ignited the college debt crisis? – the Hoosier state university system has proved that educating students about loan debt can alter their behavior in a positive way. Last year, the seven colleges making up the Indiana University system sent letters to students giving them a sneak peek at their post-graduate monthly loan payments. The missives were a [...]
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Qualcomm's Latest Move to Conquer the Chinese Smartphone Market

July 13, 2014 by Harry Joiner - Add Comment
Filed under: Investing Qualcomm , the leading vendor of smartphone processors, recently signed a deal to have its chips built at Chinese semiconductor foundry Silicon Manufacturing International . Though Qualcomm wins by virtue of the fact that it diversifies its suppliers, there’s another key benefit here for the chipmaker. Some background Back before China began its transition toward LTE, there was a chipmaker known as Spreadtrum Communications that was solidly profitable selling low-cost apps processors/modems into the local Chese handset market. Not only did the company benefit from the growth of the low end [...]
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Why Does Etihad Airways Want to Save Italy's Flag Carrying Airline?

July 13, 2014 by Harry Joiner - Add Comment
Filed under: Investing Italy’s flag carrying airline, Alitalia, has been in financial trouble for years. As recession grips the Eurozone and old inefficiencies continue to be problems, this airline is in need of both a turnaround and new capital. After failing to reach a deal with Air France-KLM , Alitalia is now looking for an investment from the Middle Eastern carrier Etihad Airways. So why does Etihad want a piece of Alitalia, what’s left to do, and which other companies does an Etihad-Alitalia deal affect? Capital requiredAlitalia was desperately in need of capital last [...]
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Possible New, Revolutionary Apple, Inc. Products: iPhone 6, iWatch, and…iHome?

July 13, 2014 by Harry Joiner - Add Comment
Filed under: Investing Apple‘s product pipeline is loaded — maybe even more so than ever before. Not only has the company expressed great confidence in the products it has in its pipeline, but the rumor mill seems to think that Apple could be developing hardware — in not just one, but several new categories, including phablets, wearables, and the “Internet of things.” All of these products have the potential to be completely revolutionary — even the iPhone 6. iPhone 6 concept. Design by Tomas Moyano and Read Full Article →

FirstGroup rules out break-up

July 13, 2014 by Harry Joiner - Add Comment
Chairman says suggestion from US investor to sell Greyhound coaches and spin off school bus and transit businesses lacks financial logic Source: Companies
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Investors expect weaker US bank earnings

July 13, 2014 by Harry Joiner - Add Comment
Analysts expect financial sector earnings will contract 3.9% overall with domestically focused lenders outperforming groups with global orientation Source: Companies
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Oppenheimer Europe looks at advisory role

July 13, 2014 by Harry Joiner - Add Comment
Role of independent advisers has come under the spotlight amid a revival of activity in the continent’s initial public offering market Source: Companies
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AB InBev could slake thirst for takeovers

July 13, 2014 by Harry Joiner - Add Comment
Takeover expectations intensifying as investors weigh the potential benefits of brewing mega merger against the wrangles to secure consolidation Source: Companies
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Feedback: Big Four backlash

July 13, 2014 by Harry Joiner - Add Comment
Michael Skapinker’s criticism of the conduct of the big accountancy firms in Hong Kong drew a strong response Source: Management
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It can help to bring stress home

July 13, 2014 by Harry Joiner - Add Comment
Work has a tendency to play on your mind and invade personal time but that is not necessarily a bad thing Source: Management
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Services pitches are a pantomime

July 13, 2014 by Harry Joiner - Add Comment
The only excuse for a beauty contest is that you meet the individual people involved and get a taste of whether you’d like to work with them Source: Management
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Owen Mahoney, CEO of Nexon

July 13, 2014 by Harry Joiner - Add Comment
A fascination with Japan’s culture – and an admiration for Nintendo classics – has helped the American reach the top of the online games group Source: Management
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UPDATE 2-ECB interest rates too low for Germany, says Bundesbank chief

July 12, 2014 by Harry Joiner - Add Comment
* German central bank head urges policy tightening as soon as possible Source: Financials
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Chinese group buys PizzaExpress for £900m

July 12, 2014 by Harry Joiner - Add Comment
Restaurant chain latest example of Chinese taste for assets as Cinven looks to dispose of brands after failure to sell parent group Gondola Source: Companies
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Trina Solar's Largest Deal of 2014: Will It Move the Needle?

July 12, 2014 by Harry Joiner - Add Comment
Filed under: Investing Currently trading almost 40% off its 52-week high of $18.77, shares of Trina Solar , a leading Chinese PV manufacturer, have taken a beating; however, the stock is still up almost 80% over the past year, and it has outperformed the Guggenheim Solar ETF by more than 7% as of this writing. TSL data by YCharts Trina recently inked a deal — its largest of 2014 — with Chinese energy firm, Zonergy, in [...]
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3 Lessons From Billionaire Candy Tycoons

July 12, 2014 by Harry Joiner - Add Comment
Filed under: Investing Mars is one of the world’s largest confectionery and consumer goods companies. With four of the top 10 chocolate bars in the company’s pocket, the men who founded Mars built a legacy for its three remaining heirs. But with the company being privately owned and the family often out of sight, investors may feel that the chocolate juggernaut and its owners have little to offer them. However, with a history sprinkled with failure, drama, and brilliant product ideas, the members of the Mars family may have you believing in the power of [...]
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RPT-Eurogroup's Dijsselbloem calls on banks to lend more

July 12, 2014 by Harry Joiner - Add Comment
AMSTERDAM, July 12 (Reuters) – Dutch Finance Minister Jeroen Dijsselbloem, a leading candidate for a top economic policy job in the European Commission, has said excuses given by Europe’s banks for not lending were wrong. Source: Financials
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3 Items the Shortsighted Media Doesn't Understand About Tesla Motors Inc. Stock

July 12, 2014 by Harry Joiner - Add Comment
Filed under: Investing A number of recent reports on electric-car maker Tesla Motors serve as excellent examples of key differences between the shortsighted media and the long-term minded buy-and-hold investors. On three particular Tesla topics that often make headlines, the media appears to be somewhat clueless. Model S outside of the entrance to Tesla’s headquarters in Palo Alto, Calif. Image source: Tesla Motors Battery firesOver the 4th of July weekend, a stolen Tesla ended a run from the police in an accident, reportedly driving 100 miles an hour. The Model S was split in two [...]
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Why Apple, Inc.'s iWatch Could Surprise Us All

July 12, 2014 by Harry Joiner - Add Comment
Filed under: Investing While many Apple analysts are attempting to make estimates of how many so-called iWatch devices the tech giant could sell during its first year of availability, the elephant in the room can’t be avoided: Analysts — or anyone for that matter — know very little about the device. So, how can anyone make a legitimate guess as to how the new product line will perform in the market? iWatch concept design by SET Solution. Image used with permission. Watch a video of this concept [...]
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The Late Planner's Guide to Retirement Catch-Up

July 12, 2014 by Harry Joiner - Add Comment
Filed under: Investing We tend to think that every smart and successful retiree began his or her savings plan early on, dutifully funneling an annual percentage of their income into a 401(k), starting with their first job. And when those of us who don’t fit that bill reach the age of 50 and realize we’ve saved very little by comparison, we may panic. We’ll outlive our money. Disaster and poverty will ensue. The truth is, however, that late-start retirement savers can begin at 50 and still make a [...]
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China's Hony snaps up Pizza Express for around 900 mln pounds

July 12, 2014 by Harry Joiner - Add Comment
LONDON, July 12 (Reuters) – Chinese private equity firm Hony Capital has struck a deal with Gondola Group to buy Britain’s Pizza Express chain for about 900 mln pounds ($1.6 billion), the companies said on Saturday. Source: Financials
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Abu Dhabi's Aldar Properties appoints CEO

July 12, 2014 by Harry Joiner - Add Comment
DUBAI, July 12 (Reuters) – Abu Dhabi’s largest real estate company Aldar Properties has appointed Mohammed Khalifa Al Mubarak as its CEO, the company said on Saturday, more than a year after the merge of Aldar Properties and Sorouh Real Estate. Source: Financials
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ECB interest rates too low for Germany, says Bundesbank chief

July 12, 2014 by Harry Joiner - Add Comment
FRANKFURT, July 12 (Reuters) – The European Central Bank’s interest rates are too low for Germany, Bundesbank chief Jens Weidmann said on Saturday, adding that ECB monetary policy should remain expansive for no longer than absolutely necessary. Source: Financials
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Alibaba filing puts value at $133bn

July 12, 2014 by Harry Joiner - Add Comment
The company, which aims to raise about $20bn in New York in what could be the biggest offering ever, revealed the new valuation in an updated filing Source: Companies
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Burberry chief’s £20m pay defeated

July 11, 2014 by Harry Joiner - Add Comment
Remuneration report rejected in protest over 1.35m share award for chief executive before he took up post and which are not performance linked Source: Companies
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