resignation

Qiao Xing Slips 3%; CFO Quits, Co. Expects to File 2010 Results in May

Published on Fri, 04/08/2011 - 11:26
By FNNO Staff in General Interest, xing, cfo, company, filing, financial, personnel, qiao xing, resignation, stock, trade, News Update

It also says its CFO resigned, effective immediately. It is looking for a new CFO.

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Qiao Xing Universal (XING) eases after it says it expects to file its 2010 financial results in May.

By FNNO Staff
fnnonline@gmail.com

Middleburg Financial Jumps 9% As Investors Speculate on David Sokol's Future

Sokol is the largest shareholder in MBRG with about a 20% stake, the story said.

Earlier, MBRG hit a 52-week high of $19. It was last at $16.43.

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Middleburg Financial (MBRG) is up as investors digested that its biggest shareholder David Sokol is interested in starting his own investment company modeled on his longtime and soon-to-be former employer Berkshire Hathaway (BRK.A

By FNNO Staff
fnnonline@gmail.com

Johnson & Johnson Announced David Floyd Resigned (JNJ)

Johnson & Johnson has a potential upside of 5.3% based on a current price of $60.70 and an average consensus analyst price target of $63.90.

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Johnson & Johnson (NYSE:JNJ) announced that the company's orthopedics unit president, David Floyd, resigned and will leave the company at the end of the month, according to a Bloomberg report.

By Stephanie Shyu
sshyu@fnno.com

Wilshire Bancorp Named Jae Whan Yoo As President, CEO

The bank is currently trading 1.6% lower at $6.61.

Wilshire Bancorp has a potential upside of 9.9% based on a current price of $6.6 and an average consensus analyst price target of $7.26.

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Wilshire Bancorp Inc, (NASDAQ:WIBC) which specializes in lending to minority-owned businesses, named Jae Whan Yoo president and chief executive officer. He succeeds Joanne Kim who resigned.

By Stephanie Shyu
sshyu@fnno.com

Egypt's Mubarak Remains Defiant, Decides to Not Step Down Immediately

Several news agencies stated that Mubarak would be stepping down which led to some relative calm in Tahrir Square but the protest level was reinvigorated once word of Mubarak's defiance spread.

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Despite several reports this afternoon that Egyptian President Hosni Mubarak would step down this evening, in an address on national television President Mubarak said that while he would delegate certain powers to his Vice Preside

By Stephanie Shyu
sshyu@fnno.com

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