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Revlon Inc. (NYSE:REV) shares fell as much as 12.89% today, after the Board elected Fabian Garcia as the company’s president and CEO. The executive will also serve as a Board member, and will commence his duties effective April 15. Mr. Garcia is set to replace Lorenzo Delpani, who stepped down due to personal reasons; however, the former CEO will remain associated with the company as a paid advisor.
Citigroup (NYSE:C) CEO Michael Corbat has vehemently denied in the past that his company has any intentions of selling Banamex Mexico. I think it is high time for Citi's board and CEO to reconsider this position.
Value investors are stuck in an outdated paradigm that Benjamin Graham eventually abandoned. Mechanical value investing has proven much more profitable than det
While it is easy to blame the slowing of the US economy on foreigners, a recent article published by The Forbes has said that rise of the US dollar is the root cause.
NEW YORK, NY--(Marketwired - Feb 1, 2016) - Adstream, a global provider of Digital Asset Management, media delivery and analytics technology, today announced that it has acquired Deluxe Entertainment Services Group Inc.'s (Deluxe) AdServices business. Deluxe, a global leader in creative services and multi-platform content delivery solutions, has provided advertising...
LOS ANGELES, Jan. 29, 2016 /PRNewswire/ -- thinkLA's YoungStars presented by Forbes: Social Entrepreneurs, will...
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SAN JOSE, CA--(Marketwired - Jan 13, 2016) - Zscaler, the leading Cloud Security company, today announced it has been named one of the Hottest Cybersecurity Startups of 2015 by Forbes. The Forbes list of hottest cybersecurity startups captures the most in-demand startups that have fast-growing valuation and have raised large...
Taubman Centers, Inc. (TCO) expects to realize write-off of $11-$12 million in fourth-quarter 2015 for deciding not to proceed with an enclosed regional mall but pursue a high street retail plan.