Archive for the ‘Business Stories’ Category
HealthSouth co-founder knows how greed grows on you
By John L. Smith Aaron Beam always had an affinity for the land. He tells me offhandedly he always was happiest in a garden. Beam chased a different green as a founder and chief financial officer of HealthSouth Corp. Building an enormous publicly traded health care provider made him wealthy, but in the end Beam […]
In: Business Stories · Tagged with: Alabama Gov, Exponential Growth, Family Mansion, Federal Prison Camp, Financial Frauds, Gov Don Siegelman, Health Care Provider, Healthsouth Corp, John L Smith, John Laub, Material Possessions, Multibillion Dollar, Necktie, Outpatient Health Care, Outpatient Rehabilitation, Richard Scrushy, Speaking Engagement, St George Island, St George Island Fla, Tuesday Morning
HP Hits Oracle With Lawsuit for Hiring Hurd
The tech giant says its secrets could be jeopardized by its former CEO joining a competitor. By David Needle: HP isn’t through with Mark Hurd just yet. The tech industry’s largest player yesterday filed a lawsuit against Oracle, charging that its hiring of former HP CEO Mark Hurd will lead to leaked trade secrets. It’s the […]
In: Business Stories · Tagged with: California Superior Court, Ceo Larry Ellison, Ceo Mark, Civil Complaint, Confidentiality Agreement, David Needle, Drag On, Hp Ceo, Hpq, Larry Ellison, Mark Hurd, Nyse, Oracle Ceo, Orcl, Principal Analyst, Pund, Relevant Experience, Sun Microsystems, Systems Business, Trade Secrets
TAXPAYERS FACE LOSSES ON GM’S INITIAL PUBLIC OFFERING
By Mark Kleis Several sources familiar with the preparations of General Motors’ upcoming initial public offering are, according to the latest projections, suggesting that American taxpayers could take a loss on the offering, potentially pushing off payback for years. The U.S. taxpayers currently lay claim to a 61 percent ownership stake in GM, meaning taxpayers […]
In: Business Stories · Tagged with: American Taxpayers, Automaker, Economic Uncertainty, General Motors, Gm, Incentives, Initial Public Offering, Ipo, Likelihood, Market Valuation, November 2nd, Ownership Stake, Payback, Reuters, Roadshow, S Market, Salary Information, Selling Shares, Target Value, Wall Street
