Tag: chief-financial
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GE CFO sees alternatives to SLM 3D printing purchase
General Electric Co can build its 3D printing capability without buying Germany’s SLM Solutions and does not need to increase its takeover offer in light of opposition from a major shareholder, GE Chief Financial Officer Jeff Bornstein said on Friday. GE refused on Friday to extend or change its 38-euro-a-share offer for SLM after activist…
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GE CFO sees alternatives to SLM 3D printing purchase
General Electric Co can build its 3D printing capability without buying Germany’s SLM Solutions and does not need to increase its takeover offer in light of opposition from a major shareholder, GE Chief Financial Officer Jeff Bornstein said on Friday. GE refused on Friday to extend or change its 38-euro-a-share offer for SLM after activist…
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Secondhand smoke linked to higher risk of stroke
The increased risk of stroke that comes with smoking may extend to nonsmokers who live in the same household and breathe in secondhand smoke, a U.S. study suggests. Researchers found that never-smokers who had a stroke were nearly 50 percent more likely to be exposed to secondhand smoke at home than people who had never…
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Austalian bank boss says insurer got it wrong on heart attacks
By Peter Gosnell SYDNEY (Reuters) – The head of Australia's largest bank said its insurance business, CommInsure, had used an outdated and discredited definition of a heart attack to deny some claims from clients and he would apologize to any customers adversely affected. “I am saddened and disappointed by the handling of these cases,” Ian…
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Valeant CEO Pearson to return effective immediately, results delayed
By Caroline Humer NEW YORK (Reuters) – Valeant Pharmaceuticals International said on Sunday that Chief Executive Officer Michael Pearson would return from medical leave effective immediately, and it postponed the release of fourth-quarter results planned for Monday. Valeant was under pressure for its drug price increases when it said in late December that Pearson had…
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U.N. plans aid for 154,000 besieged Syrians in next five days
The United Nations and partner aid organizations plan to deliver life-saving aid to 154,000 Syrians in besieged areas in the next five days, the U.N. Resident Coordinator in Damascus Yacoub El Hillo said in a statement on Sunday. Pending approval from parties to the conflict, the U.N. is ready to deliver aid to about 1.7…
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British Ebola survivor discharged from hospital
A British nurse who contracted Ebola while working in Sierra Leone in 2014 was discharged from hospital in London on Sunday, five days after being admitted with complications, a statement said. Pauline Cafferkey was successfully treated within weeks of her diagnosis but suffered a relapse in October 2015, when she became critically ill with meningitis…
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Valeant plans to appoint new CEO as Pearson remains hospitalized: WSJ
(Reuters) – Valeant Pharmaceuticals International Inc is planning to appoint a new CEO as Chief Executive Michael Pearson remains hospitalized, the Wall Street Journal said, citing people familiar with the matter. The new chief executive would replace the committee currently running the company, the newspaper said. Potential new chief executive candidates include Chief Financial Officer…