|
Dillard's says share buyback, dividends possible |
PDF |
| Print | |
E-mail |
|
Written by Assosciated Press
|
|
Sunday, 19 May 2013 07:17 |
LITTLE ROCK, Ark. (AP) — The top executive at Little Rock-based Dillard's Inc. says shareholders may be in for bigger dividends or the company may buy back shares.
The Little Rock-based department store chain held its annual meeting Saturday at its headquarters and discussed its recent favorable results.
Dillard's Chief Executive Officer William Dillard II told shareholders that if the company has more cash in the near term than is necessary to cover operating expenses, the company may repurchase shares or boost dividends.
Copyright 2013 The Associated Press.
|
|
Ex-Groupon CEO working 9 to 5 on business album |
PDF |
| Print | |
E-mail |
|
Written by MARLEY SEAMAN, AP Business Writer
|
|
Saturday, 18 May 2013 06:19 |
|
NEW YORK (AP) — Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music."
Mason said Thursday on his blog that he recently spent a week in Los Angeles and recorded a collection of seven songs called "Hardly Workin'."
Mason said he wants to present business wisdom to younger people and that the songs will help them understand ideas that are critical to becoming productive and effective employees. He said many of Groupon's employees are young and many didn't have much familiarity with business, and didn't want to read books on the subject.
Mason plans to start a new company in the fall. He didn't disclose details but said he'll be moving to San Francisco from Chicago. He also said he is taking an advisory position at Y Combinator, a selective incubator program that supports development of entrepreneurial companies. Mason said he will spend one day every week at the firm's offices and will advise new startups.
Mason did not immediately respond to a request for comment. Technology media website TechCrunch said it had confirmed with Mason that he was serious about the album.
Mason founded Groupon, an online deals site. He was fired as CEO in February. The move had been anticipated for months, given concerns about the company's financial and stock performance.
Copyright 2013 The Associated Press.
|
|
|
Energy Dept. backs Texas LNG export plan |
PDF |
| Print | |
E-mail |
|
Written by MATTHEW DALY, Associated Press
|
|
Saturday, 18 May 2013 06:20 |
WASHINGTON (AP) — The Energy Department on Friday conditionally approved a Texas company's proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production boom that has led to glut of domestic natural gas.
The action would allow Freeport LNG Expansion L.P. to export up to 1.4 billion cubic feet of liquefied natural gas per day from its terminal near Freeport, Texas, south of Houston. The DOE said granting such a permit for shipments to countries that do not have free trade agreements with the U.S. was in the public interest.
Freeport is the second export project to win Energy Department authorization, following the Sabine Pass LNG Terminal in Cameron Parish, La.
Energy companies are seeking federal permits for more than 20 export projects that could handle as much as 29 billion cubic feet of LNG a day. If approved, the resulting export boom could lead to further increases in hydraulic fracturing, a drilling technique also known as fracking that has allowed companies to gain access to huge stores of natural gas but raised widespread concerns about alleged groundwater contamination and other problems.
|
|
Report: Yahoo nearing $1.1B acquisition of Tumblr |
PDF |
| Print | |
E-mail |
|
Written by Associated Press
|
|
Saturday, 18 May 2013 06:18 |
NEW YORK (AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications.
The Sunnyvale, Calif., company's board of directors will meet Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the technology news site All Things D. The story posted late Friday cited anonymous sources.
If Yahoo Inc.'s board signs off, the deal could be announced Monday.
In an invitation sent Friday, Yahoo promised to unveil "something special" Monday evening in New York. The event is being held in a Times Squares lounge located about two miles from Tumblr's headquarters.
Yahoo has only said that Mayer will be on hand to unveil something related to a product. A company spokeswoman didn't immediately respond to a request for comment about the potential Tumblr acquisition.
|
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 2 of 162 |
