Management

Sixteen. That’s the number of exclamation points used by National Beverage Corp. (NASDAQ: FIZZ) chairman and CEO Nick A. Caporella in a Thursday pushback against recent volatility in shares of the company, which owns brands such as LaCroix and Detroit’s own Faygo. “FIZZ revenues...

Ever since MassRoots Inc (OTC: MSRT) acquired CannaRegs for $12 million in stock, there has been speculation around CEO Isaac Dietrich being replaced. That chatter intensified Monday, and two sources confirmed to Benzinga that Dietrich was "ousted" by the Board of Directors earlier this...

If you’re just catching up on the morning buzz, here’s what we know: Nordstrom, Inc. (NYSE: JWN) is staying public, and Sears Holdings Corp (NASDAQ: SHLD) lost its chairman. Nordstrom announced that core family members suspended exploration of a take-private deal through the end of the...

Citing its reseller checks and management transition, Piper Jaffray downgraded shares of Imperva Inc (NASDAQ: IMPV). The downgrade was blamed on four tenets: A deterioration in demand trends. The resignation of the CEO and chief financial officer in the third quarter. Potential for downside to...

Shares of Procter & Gamble Co (NYSE: PG) moved lower by more than 1 percent on heavy volume late Tuesday morning after preliminary results from a board election were released. Investors decided Tuesday not to appoint activist investor Nelson Peltz, whose fund owns a $3.5 billion stake to the...

It was a week where oil prices extended the streak of gains but natural gas futures slipped again. On the news front, U.S. behemoth ExxonMobil Corporation XOM was toppled by Russia's Gazprom as the world's top energy company, while smaller rival Chevron Corporation CVX elected Michael Wirth...

Hedge fund manager Whitney Tilson, perhaps best known for his short thesis on Lumber Liquidators Holdings Inc (NYSE: LL), has decided to call it quits. Tilson's hedge fund, Kase Capital, will be closing shop after offering investors a disappointing return profile, the Wall Street Journal reported....

Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) shareholders have had an extremely volatile couple of months. After an August guidance and dividend cut sent the stock tumbling from a July high of $33.67 to a September low of $15.22, Teva shares popped to above $20 when the company announced...

What happens to the CEO of a major corporation that suffered what could prove to be the most extreme data breach in history? In the case of Equifax Inc. (NYSE: EFX) CEO Richard Smith, then he will leave the company with a $7.6 million bonus, Gadfly's Stephen Gandel reported. Equifax confirmed...

In his 12 years as the chairman and chief executive of Equifax Inc. (NYSE: EFX), Richard F. Smith rode out multiple security breaches, but the recent hack, exposing the information of upward of 143 million consumers, proved his undoing. Amid enduring investigations and public uproar, including a...

One of the last times many investors heard the name Dov Charney was early 2016 when the ex-CEO of American Apparel Inc was mounting an offensive to regain control of the company he founded — and was ultimately fired from. Charney was fired from American Apparel for alleged misconduct and...

Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA)’s having a big week, and it’s only Tuesday. The drug manufacturer’s stock popped as much as 24 percent Monday after the board appointed Kåre Schultz, current head of H. Lundbeck A/S and former COO of Novo Nordisk A/S (ADR...

Kare Schultz, a veteran pharmaceutical executive with a background in restructuring, was a big hit with investors after the 56-year-old Dane was chosen as CEO of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA), the world's biggest seller of generic medicines. Shares were up 20 percent on...

Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) shareholders are jumping for joy on Monday after the market gave new CEO Kare Schultz a warm welcome in the form of a 21 percent gain for Teva stock. However, once the euphoria of a new CEO wears off, traders should be looking for the reality of...

Shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) were trading higher by more than 11 percent early Monday morning after the company named Kare Schultz as its new CEO after a seven-month search period. Schultz brings decades of experience in the pharmaceutical industry and most...