Russian bear market; the bottom drops out.
Travelers on the Varshavskoe Highway in Moscow encountered an unusual sight late last July: A crowd of people waving homemade placards and portraits of a little-known bespectacled figure were shouting obscure slogans, chanting something incomprehensible, and arguing with the militia. This was not an opposition demonstration but a gathering...

The politics of market cap destruction.
Tyco's experience shows how the mere accusation of accounting impropriety can produce the punishing effects of guilt. DURING THE impeachment process, President Clinton bemoaned the "politics of personal destruction." The stock market possesses a powerful counterpart. For even the suggestion of accounting irregularities can have devastating consequences...

E-commerce And D&O.
E-commerce companies have to address their directors' and officers' liability issues before going public, when there is less risk and the advantage of lower premiums for insurance coverage. With the explosive growth of the Internet, both big businesses and small entrepreneurs, young and old, have entered a...

Little attention and no respect.
HALF THE CEOs of large companies have been in their jobs for less than three years. In today's rapid-fire economy, a chief executive often is only as good as his last quarter. One strike may be all a CEO gets as evidenced by top-level turnover at Gillette, Lucent Technologies,...

Stock buybacks: the corporate con you're still falling for.
Mark Fischetti is a writer in Great Barrington, Massachusetts. Instead of putting capital into new Plants and improved products, America's CEOs bad a better idea: They invested it in themselves Late one night, while waiting for the company limousine, you pour yourself a drink and...

Boeing.
The board of directors of Boeing has approved a new repurchase plan of up to $3 billion of common stock. Since resuming repurchases in 2004, Boeing has spent about $5 billion buying bock its stock. In conjunction with establishing the new plan, the board terminated Boeing's 2005 repurchase programme....

Medtronic repurchases shares.
Medtronic Inc said its board of directors has authorized the repurchase of a further 30 million shares of the company's common stock. These will be used to support the company's stock-based employee compensation plans and for other corporate purposes, said the company. This authorization was necessary as...

Airline Finance News - North America.
Mar 10, 2008 Democrats could take tougher stand on consolidation. Some attorneys and investment bankers are urging their clients to carry out acquisitions before the November elections, writes George Anders in the Wall Street Journal. Mergers among large airlines would help carriers lower costs, build market share...

City/Region Digest.
Byline: The Register-Guard CITY/REGION PacificSource buys health benefit firm Eugene-based PacificSource Health Plans has acquired Manley Administrative Services, a third-party health benefit administration firm also based in Eugene. PacificSource CEO Ken Provencher said the acquisition for an undisclosed sum will help...

Ayala Corp. plans new bond offering.
Byline: JAMES A. LOYOLA Ayala Corporation is planning to raise P5 billion to P7 billion through the offering of Peso Bonds. The firm disclosed to the Philippine Stock Exchange (PSE) yesterday that it is offering bonds amounting to P5 billion, with an option to increase...