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Falcone steps down as CEO from Harbinger

2014-11-25 17:47:49| Food - Topix.net

Philip Falcone, once one of the world's most closely watched investors, is stepping down as chairman and chief executive of Harbinger Group Inc. ( Board member Joseph Steinberg will become chief executive at Harbinger Group, a publicly traded holding company, until a permanent replacement is found, the company said in a news release on Tuesday. Falcone will be paid $40.3 million for the work he has done at Harbinger Group.

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Harbinger Insurer Invests as Portfolio - Working Harder'

2014-11-21 05:43:18| Agriculture - Topix.net

Fidelity & Guaranty Life added $1.1 billion of investments in its most recent quarter at an average yield of 4.92 percent as the insurer controlled by Philip Falcone 's Harbinger Group Inc. works to improve returns. The moves helped push the average yield on the investment portfolio to 4.78 percent in the three months ended Sept.

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Central Rejects Harbinger Acquisition Offers

2014-10-17 04:32:25| Agriculture - Topix.net

Pet and garden product manufacturer Central Garden and Pet Co., a leading pet and garden product manufacturer, rebuffed the Harbinger Group Inc. from buying the Walnut Creek, Calif.-based company outright or from acquiring its pet segment. Central's board of directors unanimously rejected the New York-based holding company's cash stock buyout bid for all of the company's shares at $10 a share-$2.16 more per share than the per-share value at the time-or its offer to acquire the pet segment for $750 million.

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Amgen's departure isn't necessarily the harbinger of doom for Seattle biotech

2014-08-07 08:14:20| Biotech - Topix.net

Last week's news that Amgen would uproot itself from Washington state - taking 660 jobs with it - was devastating to many in the Seattle biotech industry, particularly those who work there.

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Harbinger Acquires Multifamily Lender in Los Angeles

2014-07-14 19:24:08| Agriculture - Topix.net

Eight Reasons the Housing Recovery's Been So Slow From tight credit conditions to empty nesters, here is a litany of problems weighing on the housing market, as summarized in the minutes of last month's Federal Reserve policy meeting.

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