What: FOX Business Network’s (FBN) Adam Shapiro will report live from the JPMorgan Chase Shareholder Meeting at the Highland Manor in Tampa, FL on Tuesday, May 21st. Shapiro will provide live updates on whether the shareholder’s will vote to remove the chairman role from current Chairman and CEO Jamie Dimon. When: Tuesday, May 21st, 2013; 8:00AM/ET – 6:00 PM/ET Where: FOX Business Network (FBN) 'Get ValueWalk's Daily Edition By Email and Never Miss Our...
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FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that sources inside JPMorgan Chase & Co. (NYSE:JPM) say the bank will split the roles of chairman and CEO following the exit of current chairman and CEO Jamie Dimon. Gasparino says, “According to people inside JPMorgan, the next CEO will not be chairman.” Excerpts from the report are below. On whether JPMorgan Chase will split the roles of chairman and CEO in the future: “Sources inside JPMorgan...
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Rafferty Capital bank analyst Dick Bove spoke with FOX Business Network (FBN) about whether JPMorgan Chase Chairman and CEO Jamie Dimon will leave the bank if shareholders vote to split the chairman and CEO roles. Bove said if shareholders vote to remove Dimon as chairman it would prompt Dimon’s exit and that “if he loses the vote, the vote of confidence would be with the government… In reality, this is no longer a corporate...
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Cisco Systems, Inc. (NASDAQ:CSCO) surged by almost 13 percent on Thursday after the company’s third quarter earnings performance beat consensus expectations. The company also provided a guidance that meets the estimates of Wall Street analysts. The stock price of the company rose to as much as $24.24 per share in trading earlier today. In afternoon trading, shares of Cisco Systems, Inc. (NASDAQ:CSCO) are trading around $23.84 per share, up by 12.41 percent. Its lowest price...
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John Chambers, Chairman and Chief Executive Officer of the biggest maker of networking equipment Cisco Systems, Inc (NASDAQ:CSCO) said his successor probably won’t immediately hold both roles. In his television interview with Bloomberg Television’s “In The Loop” with Betty Liu, John Chambers outlined his plans to step down, the company’s succession plan and how the CEO and Chairman roles would be handled with his successor. He indicated that it would be appropriate to split...
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Former American International Group Inc (NYSE:AIG) CEO Hank Greenberg spoke with FOX Business Network’s (FBN) Liz Claman about his thoughts on the recent op-ed piece in the Wall Street Journal regarding lawsuits against him. Greenberg said, the op-ed piece written by former New York Governors George Pataki and Mario Cuomo was a “total surprise” and that today he wrote a letter thanking them both. Greenberg went on to discuss the potential split of Chairman...
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FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that insiders at JPMorgan Chase & Co. (NYSE:JPM) believe that shareholders will vote against splitting the roles of Jamie Dimon as chairman and CEO at the bank’s annual meeting on May 21st. Gasparino reports that JPMorgan insiders “feel it’s going to be close” but that they believe JPMorgan Chase & Co. (NYSE:JPM) Chairman and CEO Jamie Dimon will retain both roles. Gasparino also discussed the possibility of...
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In an interview to appear tonight on FOX Business Network’s (FBN) CAVUTO (8PM/ET), billionaire investor Carl Icahn speaks with anchor Neil Cavuto about the potential of Dell Inc. (NASDAQ:DELL)’s software business. Icahn discusses Dell, saying, “In the future, I think that the software business will increase dramatically in its value.” Icahn goes on to say that Dell’s PC business has “a great deal of value to Microsoft Corporation (NASDAQ:MSFT), to an Intel Corporation (NASDAQ:INTC),...
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What: FOX Business Network’s (FBN) Elizabeth MacDonald will report live from the Forbes Women’s Summit on Thursday, May 9th, 2013. MacDonald will sit down with some of the world’s most powerful females to discuss the progress that women have made in business and other fields. Guests include: Merck Vaccines President Julie Gerberding; FEED Projects CEO and Creative Director Lauren Bush Lauren; Carly Fiorina Enterprises Founder and CEO Carly Fiorina; among others. When: Thursday, May...
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FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that JPMorgan Chase & Co. (NYSE:JPM) Chairman and CEO Jamie Dimon has been “strangely silent” on whether he will stay at JPMorgan if they strip him of the chairman role. Excerpts from the report are below. On whether JPMorgan Chase CEO Jamie Dimon will leave the bank if they strip him of the chairman role: “I’ve been talking with people that are friends with Dimon,...
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House Speaker John Boehner (R-OH) spoke with FOX Business Network’s (FBN) Rich Edson about his concerns surrounding the economy. Boehner said that the United States economy is “barely” growing. He also discussed the ongoing debt ceiling negotiations, saying tax reform “is certainly in the mix.” John Boehner Interview Excerpts Excerpts from the interview are below. On the U.S. economy and spending problems: “When you look at our problem. We have two problems. We have a...
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