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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Ackman: P&G CEO may need to go

Category : Business, Stocks

Bob McDonald, who’s led P&G since July 2009, serves on the board of 21 different organizations, and Bill Ackman thinks that may be more than a few too many.

Excerpt from: Ackman: P&G CEO may need to go

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Costar Technologies, Inc. (CSTI: OTC Pink Limited) | Costar Technologies, Inc. Announces Adoption of Corporate Governance Measures

Category : World News

FOR IMMEDIATE RELEASE

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Mahanagar Telephone Nigam Limited (MTENY: OTCQX International) | Compliance of Clause4 41 of Listing Agreement: Audited Financial Results for the Financial Year 2012-13

Category : Stocks, World News

MTNL/ SECTT/SE/2013

07th

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Warren Buffett and board ‘agree’ on next CEO – but name no names

Category : Business

Buffett , 82, says he is ‘solidly in agreement’ with Berkshire Hathaway board members as to who should take over from him

Warren Buffett and the board of his conglomerate Berkshire Hathaway are “solidly in agreement” on who should be the company’s next chief executive, he said at Berkshire’s annual shareholder meeting on Saturday.

But Buffett, as with past practice, did not actually name his successor as CEO.

Speculation usually focuses on a small group of top Berkshire executives, among them insurance boss Ajit Jain and railroad leader Matt Rose.

The 82-year-old Buffett, in response to a shareholder question, said he thinks all the time about what could go wrong at Berkshire after he is gone.

“The key is preserving a culture and having a successor, a CEO that will have more brains, more energy, more passion for it than even I have … We’re solidly in agreement as to who that individual should be,” Buffett said.

Whoever ultimately takes over Berkshire will run a conglomerate that employs more than a quarter-million people in dozens of businesses worldwide, covering everything from ice cream to insurance and retail to railroads.

Its breadth means that its performance is often seen as a barometer for the broader economy. Earlier Saturday, one of Buffett’s top lieutenants said things were picking up but could improve further.

“It feels like a 2% economy. If we want to see GDP click up to 3.5%, 4%, you need to see more construction,” said Rose, CEO of the railroad Burlington Northern, in an interview.

Rose said BNSF was seeing “across the board” increases in demand to ship things like concrete, roofing tiles and cars.

But as much as investors want to hear about Berkshire’s growth potential and the state of the economy, some also attend the meeting just for a good laugh.

The meeting opened, as it does every year, with a video montage. This year’s included a duet between Buffett and singer Jon Bon Jovi and a take-off on the TV series Breaking Bad.

Some of the best comedy, though, usually comes in the verbal sparring between Buffett and Vice Chairman Charlie Munger over the course of the day. The two are close – they usually share an oversize box of peanut brittle during the meeting – but Munger’s acerbic tongue pops out from time to time.

“I come to see Charlie Munger needle Warren Buffett. Only he can,” said Sherman Silber, a doctor and shareholder.

Renegade Announces New Board Members, Formation of Special Committee and Adoption of Shareholder Rights Plan and Advance Notice By-law

Category : World News

CALGARY, ALBERTA–(Marketwired – April 26, 2013) - Renegade Petroleum Ltd. (“Renegade” or the “Company“) (TSX VENTURE:RPL), a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, is pleased to announce that, further to its press releases of April 15, 2013 and April 22: (a) the Renegade board of directors (the “Board“) has added three new independent directors; (b) the Board has formed a special committee of the new independent directors to proceed with the previously announced strategic review of the Company’s business plan; and (c) Renegade has adopted a shareholder rights plan (the “Rights Plan“) and an advance notice by-law (the “Advance Notice By-law“).

Originally posted here: Renegade Announces New Board Members, Formation of Special Committee and Adoption of Shareholder Rights Plan and Advance Notice By-law

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Mindpix Corp. (MPIX: OTC Pink Limited) | Mindpix Corporation Announces New CEO, Victor Siegel

Category : Stocks, World News

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Mindpix Corporation Announces New CEO, Victor Siegel

PR Newswire

LAS VEGAS, April 26, 2013

LAS VEGAS, April 26, 2013 /PRNewswire/ — Mindpix Corporation (OTC Pink: MPIX)

MPIX today announced that Mr. Victor Siegel has joined the Company as President and Chief Executive Officer.

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Mather is Rangers chief executive

Category : Business

Craig Mather is appointed as interim chief executive of Rangers and given a place on the board.

See the rest here: Mather is Rangers chief executive

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Grupo Financiero Banorte, S.A.B. De C.V. (GBOOY: OTCQX International Premier) | GFNorte´s AGM Proposals´ Update

Category : World News

We are sending an

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Grupo Financiero Banorte, S.A.B. De C.V. (GBOOY: OTCQX International Premier) | GFNorte´s AGM Proposals´ Update

Category : Stocks

We are sending an

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Burnham Holdings, Inc. (BURCA: OTC Pink Limited) | Burnham Holdings, Inc. Declares Dividend And Announces Results Of The Annual Meeting Stockholders’ Vote

Category : World News

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Burnham Holdings, Inc. Declares Dividend And Announces Results Of The Annual Meeting Stockholders’ Vote

PR Newswire

LANCASTER, Pa., April 22, 2013

LANCASTER, Pa., April 22, 2013 /PRNewswire/ –

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