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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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Is Icahn (also) low-balling Dell?

Category : Business

Carl Icahn may be guilty of Michael Dell’s alleged sins.

Original post: Is Icahn (also) low-balling Dell?

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CrunchFund’s future

Category : Business

With nearly 100 portfolio companies and just two remaining partners, what is the future of Michael Arrington’s venture capital effort?

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Tesco counts cost of US venture

Category : Business

Supermarket expected to offer ‘clarity’ on whether it will quit America and abandon Fresh & Easy chain

They say that what starts in the US inevitably comes to the UK (syphilis is an oft-cited example) but unless you are the Beatles, Elton John or Cat Deeley, Americans have always seemed much less keen on embracing our own creations. We are likely to get another illustration of their disdain for our work this week: the UK’s largest retailer, Tesco, is expected to update the City on its efforts to crack America with its Fresh & Easy chain – although, unfortunately, it looks as though it’s the British firm that actually cracked first.

As a rule, Americans are quite partial to groceries. But sadly for the UK firm, they don’t much care for Tesco’s, which is why the company put its US business under review last year. Analysts expect that when the retailer reports its results this week, it will unveil the first drop in group profits anybody can remember (around 10%), as well as offering “clarity” on whether the grocer is to quit the US altogether.

Analysts at Barclays muse: “There is a good chance Tesco will announce a deal [to leave], but we doubt that it will be very favourable from a purely financial perspective… We would not be at all surprised if, net-net, Tesco has to pay to exit the US.”

Meanwhile, broker Panmure Gordon reckons the withdrawal will cost Tesco’s balance sheet £1bn via an asset writedown. Or an everyday devalue, as its marketing slogan almost puts it.

Slim pickings for headhunters

Anybody who’s ever been interviewed by a City headhunter will almost certainly have been asked the standard questions: “Where do you see yourself in the future?”; “What are your strengths?”; and “Do you have any weaknesses?” (Wrong answer: “I’m told I’m a bit of a perfectionist”).

Candidates without nicely honed responses to these perennial favourites tend to find their applications consigned to the filing cabinet, but this week that will be reversed as headhunting firms search for replies to similar queries from investors.

Tuesday will see a trading statement from Michael Page, while its rival SThree has its annual general meeting on Thursday and, according to analysts at Cantor Fitzgerald, neither of these companies is facing a terribly encouraging future. The broker is predicting a 15% fall in SThree’s share price and a 20% fall at Michael Page. Strengths? Hmm, we’ll get back to you. Weaknesses? How long have you got?

Certainly the Recruitment and Employment Federation’s Report on Jobs shows few signs of improvement, leaving potential new investors to roll out the headhunter’s favourite brush-off: we’ll get back to you.

Persimmon man dismounts

Persimmon was a top racehorse best known as a) the 1896 Derby winner b) a star of the future Edward VII’s stables and c) the nag that gave its name to a house builder.

While the racing original also went on to co-produce a quadruple classic winner, the builder’s offspring have not always been in that thoroughbred class, having spawned a string of homogenous housing estates as well as, potentially, a shareholder revolt.

A controversial “golden goodbye” likely to be worth more than £4m to Mike Farley, the builder’s departing chief executive, looks set to prove one of the early flashpoints of the annual meeting season this week.

Farley is riding off with his winnings after a pay scheme was pushed through by the board last year – even though 15% of shareholders opposed it and the company stressed that the long-term incentive plan (LTIP) only paid out after large cash returns to investors.

Yet in January Farley announced that he was ignoring the LT bit of the LTIP. He’s to dismount on Thursday at the annual shareholder meeting – fittingly to be held at York racecourse. This has upset action groups and investors in the firm – whose equine inspiration spent his retirement in stud. Farley now looks set for a similarly gratifying retirement.

Less Is More: New York Dentist Uses Minimally Invasive Techniques to Achieve Natural Looking Smiles

Category : Stocks, World News

Dr. Michael Kosdon Utilizes Conservative Dental Techniques to Cosmetically Enhance Smiles and Provide Natural-Looking Results for His New York Dentistry Patients

See more here: Less Is More: New York Dentist Uses Minimally Invasive Techniques to Achieve Natural Looking Smiles

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Michael Dell lays out his plan

Category : Business

Michael Dell tells Dell employees what may come next.

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‘Significant progress’ in Cyprus

Category : Business

Cypriot Finance Minister Michael Sarris says there has been “significant progress” in talks with the EU and IMF aimed at securing a 10bn-euro bailout.

Continue reading here: ‘Significant progress’ in Cyprus

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Dell buyout bid deadline approaches

Category : World News

A deadline expires on Friday for other bidders to put in offers that top Michael Dell’s bid for personal computer firm Dell.

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AltiGen Communications, Inc. (ATGN: OTCQX U.S.) | Michael Robbins Joins AltiGen’s Board of Directors

Category : Stocks

San Jose, CA – March 13, 2013

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Nickel North to Attend PDAC 2013; AGM Announced; Board Nominates Anna Mao; Cathy Wang Appointed CFO

Category : Stocks

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 22, 2013) – Nickel North Exploration Corp. (TSX VENTURE:NNX) (the “Company” or “Nickel North”) announces its Annual General Meeting of the Shareholders, nomination of Anna Mao as Director, appointment of Cathy Wang as Chief Financial Officer, resignation of Min Kuang and Michael Cathro as officers, as well as the Company’s attendance at the Prospectors and Developers Association of Canada’s PDAC 2013 in Toronto.

See more here: Nickel North to Attend PDAC 2013; AGM Announced; Board Nominates Anna Mao; Cathy Wang Appointed CFO

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Dell shareholder to fight buy-out

Category : World News

The largest independent shareholder in PC-maker Dell vows to oppose a plan by its founder, Michael Dell, to buy back the company.

Read the original: Dell shareholder to fight buy-out

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