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Do Tesla Employees Make More Than Those At GM? Here's What Mary Barra, Elon Musk Say
Tuesday, November 30, 2021 - 4:07pm | 749Read More...A battle between two automotive companies heated up this week with comments from the CEOs over employee wages and benefits. What Happened: General Motors Co (NYSE: GM) CEO Mary Barra was interviewed by Andrew Sorkin in early November at Dealbook. The interview is making its way around Twitter Inc (...
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The New York Times DealBook Conference: What You Should Know
Tuesday, November 7, 2017 - 3:04pm | 488Read More...An all-star roster of business personalities from CEOs to entrepeneurs — even a Shark from The Walt Disney Company (NYSE: DIS)'s hit show "Shark Tank" — descend upon New York City on Thursday, Nov. 9 for The New York Times Company (NYSE: NYT)'s seventh annual Dealbook...
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Why Shares Of AOL Are Giving Back Some Early Gains
Tuesday, January 6, 2015 - 9:44am | 157Read More...Shares of AOL, Inc. (NYSE: AOL) surged after reports surfaced that the company has been approached by Verizon Communications Inc. (NYSE: VZ) who may be interested in acquiring the company or taking part in a joint venture. Shares of AOL traded as high as $50.75 in Tuesday's pre-market...
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Nelson Peltz To Pepsi: You Won't Stop Me From Speaking To Other Shareholders
Thursday, February 27, 2014 - 5:01pm | 470Read More...When PepsiCo (NYSE: PEP) reported its fourth quarter results on February 13, Indra Nooyi, Chairman and CEO said, “we believe that our portfolio, as currently constructed, positions us to maximize value creation. As a result, we are not making significant structural changes, including to North...
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New York Times: Lazard Part of the 'Big Boys Camp'
Friday, February 7, 2014 - 12:26pm | 284Read More...Lazard (NYSE: LAZ) is a New York City-based boutique broker dealer that provides research, sales & trading and underwriting. According to the New York Times, the company should be considered part of Wall Street's “big boys' camp.” On Wednesday, Lazard reported its fourth quarter results. The...
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Jack Grubman Calls Out Charles Ergen During First Interview in Ten Years
Friday, May 31, 2013 - 1:25pm | 328Read More...Jack Grubman, the former Citigroup (NYSE: C) analyst that was infamously banned from securities, made his first television appearance Friday since 2003, when he was fined $15 million by the Securities and Exchange Commission over a conflict of interest in his advisement. Now, he's the founder and...
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Morgan Stanley Gains Full Control of Smith Barney
Tuesday, September 11, 2012 - 1:39pm | 310Read More...On Tuesday, Morgan Stanley (NYSE: MS) and Citigroup (NYSE: C) agreed on a valuation for their joint brokerage unit Morgan Stanley Smith Barney of $13.5 billion. This valuation will be used in the sale of an additional 14 percent of the business to Morgan Stanley, giving the Wall Street firm a...
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Groupon Shares Slide to New Low
Thursday, July 12, 2012 - 8:06am | 407Read More...E-commerce marketplace Groupon (NASDAQ: GRPN) saw shares drop to the lowest levels on Wednesday since going public in November. According to CNBC, trend tracking site ComScore reported a 15 percent decline in traffic in June compared to the previous year. In the same month, Groupon had 12.25...
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Barclays' Ex-CEO Tells Parliamentary Committee "It Wasn't Just Me"
Thursday, July 5, 2012 - 7:39am | 426Read More...Former Barclays (NYSE: BCS) CEO Robert Diamond sat before a British parliamentary committee Wednesday and said that, while he does not feel personal culpability for the rate-fixing scandal, he does feel responsibility. Diamond resigned his position on Tuesday, following Chairman Marcus Agius, who...
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Hedge Fund Manager John Paulson Sued by Investor Over Sino-Forest Bet
Tuesday, February 21, 2012 - 5:27pm | 162Read More...According to a report from DealBook, Hedge Fund manager John Paulson has been sued by a prominent investor. Paulson became well-known for betting against the housing bubble before it collapsed in 2008--an event which made him billions. Yet, last year, one of his primary funds lost nearly 50% of...
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Will Yahoo! Finally Sell its Asian Assets to Alibaba?
Wednesday, December 21, 2011 - 6:28pm | 1153Read More...That's the question everyone is asking. But will we ever get an answer? If this Dealbook report is accurate, Yahoo! (NASDAQ: YHOO) board members could be meeting this Thursday to discuss an offer from Alibaba Group and Softbank. The two entities are eager to gain at least a portion of Yahoo!'s...
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Should Steve Jobs Give Away His Billions?
Tuesday, August 30, 2011 - 12:38pm | 1095Read More...More than 50 investors, entrepreneurs and corporate execs have signed the Giving Pledge. Steve Jobs isn't one of them. If you assumed that all billionaires were the same, you might be surprised to hear this. After all, the pledge was started by Bill Gates and Warren Buffett. Mark Zuckerberg, Steve...
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Goldman Sachs Invests $500 Million in Facebook, Currently Valued At $50 Billion (GS)
Monday, January 3, 2011 - 2:54am | 378Read More...Dealbook is reporting that Goldman Sachs (NYSE: GS) has invested $450 million in the social network site Facebook at a valuation of $50 billion. The report cites unnamed sources familiar with the transaction, and says that Russian investment firm Digital Sky Technologies, which has already plowed...
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Too Big To Fail - Interview with Andrew Ross Sorkin - Zing Talk
Friday, September 24, 2010 - 2:06pm | 2203Read More...Hello and welcome to Zing Talk, where Benzinga brings you the biggest names and brightest minds from Silicon Valley to New York City. Direct Download Subscribe in iTunes Today our guest is Andrew Ross Sorkin, a journalist, and columnist for The New York Times as well as the founder and editor...
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Nokia's Recent Hire Indicative of a Deal Coming? (NOK, MSFT)
Friday, September 10, 2010 - 11:35am | 170Read More...DealBook is posing the question this morning or whether Nokia’s (NYSE: NOK) recent announcement that it has hired ex-Microsoft (NASDAQ: MSFT) senior manager to become its next chief executive means that the two companies are looking to do a deal. “Their past acquisitions haven’t really paid off,”...
