Wal-Mart Plans 15 Billion Stock Buyback at Meeting
Wal-Mart announced it will repurchase up to 15 billion dollars of its shares replacing the current 15 billion program begun in 2011 with about 712 million left. The move comes as scrutiny grows over overseas operations after bribery allegations in Mexico and a deadly Bangladesh building collapse. Top executives defended integrity while shareholders debated governance proposals and leadership structure.
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Fayetteville, Ark
Wal-Mart
Bangladesh
Kalpona Akter
Mike Duke
Robson Walton
Sam Walton
Bentonville
Ark
U.S
The
New York Times
Mexico
Suc
J C Penney launches new home department in 500 stores
J C Penney rolled out revamped home departments in 500 of its 1100 locations with store within a store layouts. Designers and brands include Jonathan Adler Michael Graves Martha Stewart Bodum Pantone and Ordning Reda as part of a renewed push to draw customers back to stores led by CEO Mike Ullman after Ron Johnson.
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J.C. Penney
Jonathan Adler
Michael Graves
Martha Stewart
Mike Ullman
Associated Press
Conran
Ron Johnson
Johnson
Ullman
Bodum
Pantone
U.K
Ordning & Reda
Cable One drops data fees adds faster tiers June 10
Cable One eliminates average data charges and introduces two DOCSIS 3.0 wideband tiers at 60 Mbps and 70 Mbps with 400 GB and 500 GB caps respectively. Affected customers receive usage notices and may be invited to switch plans. Joe Felbach emphasizes flexible, faster service and reliability. Cable One serves 730,000 customers in 42 markets across 19 states.
MENTIONED IN THIS ARTICLE
Cable One
Joe Felbach
Washington Post Company
Taos to Benefit From $8,680 Job Training Funds
The New Mexico Economic Development Department approved 8680 for JTIP to train one high wage position in Taos. Paradise Power Company PPC Solar, a Taos solar installer with ten employees serving northern New Mexico and southern Colorado, is the current recipient. The next JTIP Board meeting is June 14 in Albuquerque.
MENTIONED IN THIS ARTICLE
Taos
Nomic Development Department
JTIP
Paradise Power Company
PPC Solar
New Mexico
Colorado
Gonm. Biz
Freddie Mac earns Above Average S&P servicing ranking
Standard & Poor's for the first time assigns Freddie Mac a Above Average rating for servicing loans tied to rental apartment buildings. The assessment cites seasoned management, technology and strong controls with a stable outlook. Freddie is master servicer for about 8,000 mortgages across 33 servicing companies.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor's
Freddie Mac
Standard & Poor's Ratings Services
Freddie
S&p
Fannie Mae
McLean
Treasury
Fannie
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Www
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