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Embattled ZTE seeks $10.7 billion credit line, nominates 8 board members

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Embattled ZTE seeks more than $10 billion in credit

Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: moneycentralJun 14th, 2018

Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Argentine Peso Plunges On Reports Of Increased IMF Credit Line

It appears $50 billion just isn't w.....»»

Category: blogSource: zerohedgeSep 24th, 2018

2018 C-Suite Awards: Christopher O"Connor

Randolph-Brooks Federal Credit Union has 57 branches in Texas and more than 750,000 members, and is the 13th-largest credit union in the U.S with nearly $9 billion in assets......»»

Category: topSource: bizjournalsSep 20th, 2018

The Funded: Twitch co-founder"s new legal AI startup raises $65M, biotechs line up IPOs, and more

Twitch co-founder Justin Kan’s new startup has raised $65 million, gained several prominent new board members and made a small acquisition of its own, TechCrunch reports. Atrium LTS uses machine learning to automate tasks for the legal industry. .....»»

Category: topSource: bizjournalsSep 10th, 2018

Argentina official will ask IMF early release of funds

Argentina's Economy Minister Nicolas Dujovne is in Washington to personally ask the International Monetary Fund for the early release of a credit line under a $50 billion backup financing arrangement approved earlier this year......»»

Category: topSource: foxnewsSep 4th, 2018

Capital Gains: Tiny horses take flight; Torchy"s Tacos, the ultimate closer

In this week's Capital Gains: A Central Austin home for sale comes with free Torchy's Tacos; Southwest Airlines welcomes mini-horses on board; Chuy's Tex-Mex hires outside marketing firms; United Heritage Credit Union surpasses $1 billion in assets......»»

Category: topSource: bizjournalsAug 16th, 2018

Tesla"s board seeks more information on Musk"s financing plan

Tesla's board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion. Roselle Chen reports......»»

Category: videoSource: reutersAug 10th, 2018

Tesla board evaluating CEO"s bid to take company private

Board members at Tesla are evaluating CEO and Chairman Elon Musk's $72 billion proposal to take the electric car and solar panel maker private......»»

Category: topSource: foxnewsAug 8th, 2018

Echostar seeks talks with Inmarsat after $3.2 billion offer rebuffed

LONDON (Reuters) - U.S. satellite group EchoStar said on Friday it was seeking engagement with the board of Inmarsat after the British firm rejected its latest takeover offer worth $3.2 billion to equity holders......»»

Category: topSource: reutersJul 6th, 2018

Activist investor increases pressure on Nestle to reorganize

Daniel Loeb is ratcheting up the pressure on Nestle. The hedge fund mogul, whose Third Point LLC has made a more than $3 billion investment in Nestle, is urging the company’s board members to split the global food behemoth into three divisions and .....»»

Category: topSource: bizjournalsJul 2nd, 2018

With Krzanich out, who"s next in line at Intel — and why succession could be difficult

Brian Krzanich has made a number of key leadership changes since taking over as Intel CEO in 2013. That could make it more difficult for the board as it seeks for his replacement......»»

Category: topSource: bizjournalsJun 22nd, 2018

ZTE Corp. proposes new financing plan, nominates eight board members

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 14th, 2018

Shareholder suit attacks Musk"s pay, seeks to overhaul Tesla board

Elon Musk's multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to a law suit filed by a shareholder on Thursday......»»

Category: topSource: moneycentralJun 8th, 2018

Argentina strikes $50 billion financing deal with IMF

The International Monetary Fund is stepping in to help Argentina with a $50 billion line of credit......»»

Category: topSource: cnnJun 7th, 2018

IMF, Argentina Agree on $50 Billion Bailout Deal

The International Monetary Fund and Argentina have reached an agreement for a credit line that the South American nation will use to stem a decline in the value of its currency......»»

Category: topSource: wsjJun 7th, 2018

Munjals-Burmans bid opted due to certainty, liquidity issues: Fortis

While five board members had voted in favour of the Rs 18 billion offer, three members had opted for other offers out of the four binding bids that Fortis Healthcare had received.....»»

Category: topSource: business-standardMay 11th, 2018

Argentina Seeks Credit Line From IMF

Argentina’s government has begun talks with the International Monetary Fund for a credit line as the administration of President Mauricio Macri seeks to contain a steady depreciation of the local currency......»»

Category: topSource: wsjMay 8th, 2018

Xerox CEO to resign after agreement with Carl Icahn

Jeff Jacobson and six board members will step down to settle a suit brought by activist shareholders who opposed a $6.1 billion deal with Fujifilm.....»»

Category: topSource: moneycentralMay 2nd, 2018

Carl Icahn Ousts Xerox Boss, Putting $6.1 Billion Fujifilm Deal in Limbo

The resignations include CEO Jeffrey Jacobson and Chairman Robert Keegan. Xerox Corp.'s top executive and six board members agreed to step down in a victo.....»»

Category: europeSource: fortuneMay 2nd, 2018