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From the Blogosphere
Is Apple's board lax in reporting on Jobs's health?
Filed under: Management, Apple Inc (AAPL) The New York Post reports that concerns remain over Apple, Inc. (NASDAQ: AAPL) CEO Steve Jobs health after he appeared thin at recent developers conferences. This is making investors nervous since it's not likely that anyone can do as good a job as Apple CEO. And Apple's board may have a duty to report on Jobs' health if he can't perform his duties. <>I became familiar with this legal requirement two years ago when questions were raised to me about the health of Lazard Ltd. (NYSE: LAZ) CEO, Bruce Wasserstein. The basic requirement for a board is unclear>...
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Newspaper wrap-up: UBS reportedly hires Lazard to conduct strategic review
Blackstone nabs a new CFO
Filed under: Private equity, Black and Decker (BDK), Merrill Lynch (MER), Lehman Br Holdings (LEH) Laurence Tosi is certainly well educated, with an MBA and JD (from Georgetown University). Only 40 years old, he has served as Merrill Lynch & Co., Inc. (NYSE: MER)'s chief operator officer of global markets and investment banking.
Well, now he has a new gig: the chief financial officer of The Blackstone Group LLP (NYSE: BX). <>With the turmoil on Wall Street, there has been a lot of defections lately. For example, Lazard Ltd. (NYSE: LAZ) investment banker, George Bilicic, moved over to KKR. There >...
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Earnings highlights: AIG, Fannie Mae, Toyota, Warner Music, Qwest, MGM and others
Trading Radar 5/6: Disney (DIS), Cisco (CSCO), Fannie Mae (FNM), NYSE Euronext (NYX), MGM MIRAGE (MGM) Report; Johnson Redbook Due
StreetInsider Trading Radar:Before Market Opens:Economics:9 AM ET - Johnson Redbook Retail Sales Index for the week ended May 3 - previous reading came in at down 1.5%
Earnings:Anglogold Ashanti (NYSE: AU) - consensus EPS $0.19, revs $785.04MBarrick Gold (NYSE: ABX) - consensus EPS $0.60, revs $2.24BBill Barrett (NYSE: BBG) - consensus EPS $0.41, revs $129.84MD.R. Horton (NYSE: DHI) - consensus loss of $0.43, revs $1.36BFannie Mae (NYSE: FNM) - consensus loss of $0.81, revs $1.26BLazard (NYSE: LAZ) - consensus EPS $0.48, revs $449.59MLegg Mason (NYSE: LM) - consensus loss of $0.27, revs $1.12...
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