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BNET Resources

AIG Sees No Need to Honor Ex-CEO Request to Delay AGM
By Lilla Zuill NEW YORK (Reuters) - Maurice "Hank" Greenberg, former chief executive of American International Group AIG, has said the insurer is in "crisis" and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent...
Tags: Corporate governance, Insurance, Financial accounting, insurance company, board, shareholder, SEC, convertibles, divestiture, Thomson Reuters Corp., asset, capital market, stock, New York, CEO, security, financial
News items 2008-05-12
Allianz Considering Big UK Acquisition
LONDON (Reuters UK) - German insurer Allianz SE ALVG is considering a big acquisition in the British general insurance market, The Financial Times reported on Friday. Allianz was not immediately available for comment. The FT quoted Allianz management board member Clement Booth as saying Allianz was...
Tags: Board, Corporate Governance, Insurance, Financial Planning, Business Operations, Corporate Law, Corporate Insurance, Finance
News items 2008-05-01
Chloride Rejects Bid Approach and Shares Up 25 Pct
LONDON (Reuters UK) - Chloride Group, whose products protect against power shortages, said on Monday it had rejected a bid approach which it said materially undervalued the company. Chloride said it had received a preliminary approach over a possible cash offer at 255 pence a share,...
Tags: Board, Approach, Corporate Governance, Business Operations, Corporate Law, Eaton Corp., Emerson Electric Co., Oukbs
News items 2008-05-12
Territory Resources Eyes Olympia Funding
Territory Resources Ltd is waiting to see how takeover target Olympia Resources Ltd addresses its funding issues before deciding how to move to full ownership of the mineral sands miner.The iron ore producer may turn its attention to acquiring mineral sands miner Matilda Minerals Ltd, Territory chairman Michael Kiernan...
Tags: Australian Associated Press Pty Ltd., Mineral, Board, Corporate Governance, Business Operations, Corporate Law, AAP
News items 2008-04-28
Italy Seeks Domestic Investors For Alitalia
ROME (Reuters UK) - The Italian government is seeking a "domestic solution" involving private investors for ailing airline Alitalia, the country's new economy minister said on Saturday. "We are seeking a fundamentally Italian, private solution. If it does not work, we will see," Giulio Tremonti,...
Tags: Airline, Board, Investor, Alitalia, Resca, Government, Corporate Governance, Financial Accounting
News items 2008-05-10
Wellness Programs' ROI Unclear When It Comes to Obesity
The Find: Obesity costs U.S. companies up to $45 billion annually, according to the latest research, but expensive corporate wellness programs don't necessarily mitigate the costs. The Source: New research from The Conference Board and ING Wholesale. The Takeaway: Analysts...
Tags: Corporate governance, ROI/TCO, Jessica Stillman, ING Group, board, wellness program, ROI
Blog posts 2008-04-21
Microsoft Frees Rival Slate From Yahoo Commitment
By Anupreeta Das SAN FRANCISCO (Reuters UK) - Microsoft MSFT has released the nominees on its rival slate from their commitment to stand for election to Yahoo YHOO board in the event of a proxy fight, a source familiar with the situation said on Thursday. The...
Tags: SLATE, Slate, Nominee, Board, Yahoo! Inc., Microsoft Corp., Corporate Governance, Google Inc.
News items 2008-05-08
Microhoo: The Logjam May Be Breaking, but Yahoo Holding Out
Microsoft's board is meeting Wednesday to mull over its next move regarding its Yahoo board. The Wall Street Journal, which has been tipped off, cites "people familiar with the matter," also known as Microsoft, and reports that an announcement could come after this board meeting. ...
Tags: Board, Yahoo! Inc., Microsoft Corp., Corporate Governance, Business Operations, Corporate Law, Larry Dignan
Blog posts 2008-04-30
Proxies Sank Stokes Before the Vote
Seven Network chairman Kerry Stokes had already failed in his bid for two seats on the board of West Australian Newspapers WAN before a vote was taken at the extraordinary shareholders meeting.Of the 210 million shares on issue, more than 140 million proxies poured in before the meeting.Less than...
Tags: Shareholder, Board, Vote, Corporate Governance, Financial Accounting, Business Operations, Corporate Law, Finance, AAP
News items 2008-04-24
Mitchells & Butlers Says Regrets Punch Ending Talks
LONDON (Reuters UK) - Mitchells & Butlers MAB said on Friday it viewed with "regret" pub-owning rival Punch Taverns' PUB decision to end talks with the group. On Monday Mitchells & Butlers, owner of the Harvester and O'Neill's pubs and restaurants chains, turned the tables on...
Tags: Board, Corporate Governance, Sales Strategy, Business Operations, Corporate Law, Sales, Oukbs
News items 2008-04-18
FedEx Holder Sues board Over Contractor Problems
CHICAGO (Reuters) - A shareholder of FedEx Corp FDX filed a lawsuit against the package delivery company's board on Thursday alleging the directors exposed the company to damages by misclassifying employees as contractors. A FedEx spokesman dismissed the lawsuit as frivolous. The lawsuit...
Tags: Federal Express, FedEx Corp., lawsuit, Internal Revenue Service, United Parcel Service of America Inc., corporate governance, shareholder, Chicago, board, director, pension fund, spokesman, class action, Thomson Reuters Corp., tax, benefit
News items 2008-05-08
Be The board You Want To Be: Putting IT On The Front Burner
Information Technology IT is the elephant in the room. Ask most directors what they really know about IT, and you are likely to experience an arctic freeze strong enough to build igloos on the equator. It's not that directors don't appreciate the value of IT. On the contrary, they understand...
Tags: Strategy, Deloitte & Touche, director, information technology, board, performance
Webcasts
General Electric Case Study: Local School board
A local school board required small storage buildings to store various playground toys for kindergarten programs when not in use by the children. The buildings were required to be durable, secure and easy to access. Modulaire Enclosures was able to provide 40 buildings to the school board, placed at various...
Tags: General Electric Co., board, storage
Case studies
Advisory board Company, The: Healthcare Information Provider Reduces Costs, Improves Timeliness, and Extends Value to Customers with Automated Solution
The Advisory Board Company provides best-practice research and analysis for the largest and most progressive health systems and medical centers in the United States. To continue to offer its members customized report presentations?but do so efficiently, economically, and in a timely manner?the Advisory Board needed a way to simplify and...
Tags: Vertical industries, Benefits, HEALTHCARE, Advisory Board Co., health care, professional services, XML, analysis, Microsoft Corp.
Case studies
Pilfer and Tamper-Resistant Packaging board
Blister packaging is an economical packaging alternative that enables the consumer to see a product enclosed in clear plastic. To help packaged goods companies and others, better protect their products, International Paper has developed Everest Safe-Pak, the first tear-proof, fold-over blister packaging paperboard. The product is exposed under the clear...
Tags: International Paper Co.
Case studies
Joint Strategic/Facility Plan
Carondelet Health Network a three-hospital system in Tucson was facing tight deadlines for capital submissions to their parent corporation, Ascension Health. The challenge was to quickly complete a strategic plan, translate that to facility needs, and use those to define the capital needs in a short period of time. Working...
Tags: physician, data analysis, board
Case studies
Preparing the Next Generation of Leadership
Over 15 years, a small trucking firm grew into a big distribution company. To meet the challenges of growing technically diverse business lines, executing an e-commerce strategy, and managing the pace of growth through acquisition, the company needed a formal executive development and succession plan. Mercer identified the competencies future...
Tags: Corporate governance, Mercer, board, leadership, acquisition, e-business, strategy
Case studies
School board Upgrades Facilities Using $2.5 Million in Energy Savings
The Wellington County Board of Education serves approximately 25,000 students and is comprised of 67 school buildings spread over 1,500 square miles. The Board wanted to correct indoor air quality IAQ problems, such as lack of ventilation and temperature irregularities, for a geographically widespread school board. The Board installed the...
Tags: Corporate governance, Johnson Controls Inc., board, HVAC, monitoring
Case studies
How to Develop Principled Leadership for Sustainable Shareholder Value
Unethical behaviour is destroying value within business, wiping billions from profits and market capitalisation. Those organisations which have recognised the need to address this are generally focusing on corporate governance processes - leading to even more rules and regulations. This approach fails to address the heart of the matter by...
Tags: Shareholder, Leadership, Board, Compliance, Corporate Governance, Corporate Law, Business Operations
White papers
Advisory boards: How to Create One & How to Use It
There are two main stumbling blocks in creating an advisory board. The first is in finding the people who will take an hour or two out of their lives to help a person for free, and the second is finding a meeting time that all these people can agree on.
Tags: Board, Corporate Governance, Business Operations, Corporate Law
White papers
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