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FedEx Chairman Contradicts Fed Chief, Sparking Downgrades
2013-06-20 22:51:11| Air Courier - Topix.net
The downgrades come after FedEx reported strong fourth-quarter earnings on Wednesday but issued cautious guidance for 2014 that flies in the face of decidedly more upbeat remarks from Fed Chairman Ben Bernanke following the latest meeting of the Federal Open Market Committee.
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UPDATE 1-Remy Cointreau names finance chief as new CEO
2013-06-20 18:01:19| Beverages - Topix.net
Remy Cointreau on Thursday picked chief financial officer Frederic Pflanz as its next chief executive, who will take over at a time when Chinese demand for premium drink brands is showing signs of weakening.
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HP shifts PC chief to China, global focus
2013-06-18 17:27:21| CNET News.com
Todd Bradley steps down from HP's PC and printer unit to be replaced by Dion Weisler, a former Lenovo and Acer executive. HP is hoping the two can form an executive tag team to tackle China and Lenovo. [Read more]
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Joseph A. Unanue, 88, former chief executive of Goya Foods
2013-06-17 13:13:18| Food - Topix.net
Joseph A. Unanue, who as chief executive helped Goya Foods become the largest family-owned Hispanic food company in the United States, died Wednesday at his home in Alpine, N.J. He was 88. Unanue was one of four sons of Prudencio and Carolina Unanue, who founded Goya in 1936 to sell olives, olive oil, sardines, and other food to local Hispanic ... (more)
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Ratan Tata to be chief advisor on AirAsia India board
2013-06-17 06:06:08| Steel - Topix.net
AirAsia CEO Tony Fernandes may not have been able to convince Ratan Tata to become the chairman of AirAsia India but has managed to bring Tata on the airline's board as chief advisor.
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