CEO Flameouts: The Bigger They Aimed, the Harder They Fell
Ron Johnson's short tenure as J.C. Penney's CEO will go down as one of the biggest corporate flameouts ever. But he's hardly the first executive to aim high and fail hard.
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Dish Network Bids $25.5 Billion for Sprint Nextel
This could be a big merger Monday: Dish Network is bidding to acquire Sprint Nextel, and Thermo Fisher Scientific has agreed to buy Life Technologies.
SAC Portfolio Manager Arrested in Insider-Trading Investigation
SAC Capital Portfolio Manager Michael Steinberg was arrested Friday in connection with a long-running insider-trading investigation, according to the FBI.
Wall Street Ends Lower on Renewed Cyprus Worries
Stocks fell on Monday on renewed concerns about Cyprus and the euro zone, which wiped away earlier gains that drove the S&P 500 to less than a point away from its record close.
CBS Seeks Stake in TV Guide Network
A bidding war for Dell has broken out, pitting founder Michael Dell's plan against offers by Carl Icahn and Blackstone group. And CBS looks to buy half of TV Guide Network.
Michael Dell Faces Competition in Taking Company Private
Dell's board has determined that the bids from buyout specialist Blackstone and Icahn could be superior to a proposal from CEO Michael Dell and Silver Lake Partners.
Might Former HP CEO Mark Hurd End Up Running Dell?
Michael Dell's attempt to gain more control over his namesake computer company appears to be turning into a financial tug-of-war.