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President and CEO of the company Rory Read thanked Seifert for his service to the company in a press release. Mr. Seifert will continue with the company until September 28.
The new personnel change not sitting right with Wall Street.
Advanced Micro Devices (NYSE:AMD) is making some executive changes. The company announced yesterday that senior vice president and CFO Thomas Seifert has decided to resign to pursue other opportunities. Devinder Kumar, senior vi
Lynch has been working with the company in this capacity since 2010. He has worked for Verizon and for its forerunner companies for 39 years.
The company said Lynch directed many of Verizon's present and awaiting technological advances.
Verizon Communications has a potential upside of 8.7% based on a current price of $35.62 and an average consensus analyst price target of $38.71.
Verizon Communications Inc.(NYSE:VZ) announced Monday that Richard J. Lynch, its executive vice president for enterprisewide strategic technology initiatives, is retiring as of Aug. 19.
Boylson who was with the department store for over 30 years announced his retirement on June but retired from the company on July 1.
JC Penney has a potential upside of 17.5% based on a current price of $31.49 and an average consensus analyst price target of $37.
Longtime marketing chief Mike Boylson of J.C. Penney (NYSE:JCP) retired today. The company's new chief executive, Ron Johnson, will choose his replacement.
Sony Corp. (NYSE:SNE) announced Wednesday that Andrew House, will replace Kazuo Hirai as chief executive officer of global video game unit Sony Computer Entertainment Inc. as of Sept. 1, 2011.
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Shares of Zimmer (NYSE:ZMH) traded today at $81.92, breaking its 52-week high. This ne ...
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Shares of Zions Bancorporation (NASDAQ:ZION) traded today at $28.00, breaking its 52-we ...
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Shares of Crosstex Energy (NASDAQ:XTEX) traded at a new 52-week high today of $21.31. ...
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Shares of Xilinx (NASDAQ:XLNX) traded at a new 52-week high today of $39.88. So far to ...
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Weyerhaeuser (NYSE:WY) traded at a new 52-week high today of $33.24. This new high was ...
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Shares of Wolverine World Wide (NYSE:WWW) traded at a new 52-week high today of $53.97. ...
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Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week hi ...
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WPX Energy (NYSE:WPX) traded today at a new 52-week high of $21.10. So far today appro ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
