chairman

Wireless Usage Up Dramatically; CTIA, FCC Call For Freeing Up Spectrum

The study found that, from January to December 2010, wireless data traffic rose by 110%, while MMS and text messaging increased 64% and 31%, respectively.

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The Wireless Association, or CTIA, released its bi-annual survey of wireless carriers and subscriber trends today at the organization's industry event in Orlando, Florida.

By Stephanie Shyu
sshyu@fnno.com

Archer Daniels Midland Announced Luciano Will Join As Exec VP, COO (ADM)

Luciano will lead the company's global operations and commercial activities. He will report to the company's Office of the Chairman, comprised of Chairman, CEO and President Patricia Woertz and Vice Chairman John Rice.

Patricia Woertz commented on the announcement saying, "I am very pleased to have Juan join our senior executive team and partner with us as we grow the value, earnings and size of our company.

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Archer Daniels Midland (NYSE:ADM) announced that Juan R. Luciano will join the company in the new role of Executive Vice President and COO, which is effective on April 12.

By Stephanie Shyu
sshyu@fnno.com

JM Smucker Announces New Executive Appointments; Sole CEO, New President

Vincent C. Byrd, currently the President of U.S. Retail Coffee and with 34 years experience at the company, will assume the role of President and Chief Operating Officer with responsibility for the Company's U.S.

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The J.M. Smucker Company (NYSE:SJM) said on Tuesday that effective August 16, 2011, Richard K. Smucker will become the sole CEO of the Company. His current Co-CEO, Timothy P. Smucker, will continue to serve the Company as Chairman

By Stephanie Shyu
sshyu@fnno.com

Allegheny Technologies Names Richard Harshman as CEO; Patrick Hassey to Retire

Allegheny shares are up 0.81% to $66.90.

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Allegheny Technologies (ATI) announced Monday that President and COO Richard Harshman will replace Chairman and Chief Executive Officer, L. Patrick Hassey. The outgoing executive will retire on May 1. Harshman has been with the c

By Stephanie Shyu
sshyu@fnno.com

Federal Reserve Governor Kevin Warsh Resigns

Warsh was considered the most hawkish of the Fed Governors having openly stated that the Fed may need to raise rates with force in order to combat inflation.

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Bush appointed Federal Reserve Governor Kevin Warsh announced his resignation today after only five years at the Fed. His term would have ended in 2018. Warsh's resignation now leaves two vacancies on the seven-member board.

By Stephanie Shyu
sshyu@fnno.com

Economy Still to Weak to Halt $600 Billion Stimulus Program

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Federal Reserve Chairman Ben Bernanke told Congress that the central bank will press on with its $600 billion stimulus program because of stubbornly high unemployment, but also acknowledged that the bank is keeping a wary eye out

By Christie Duffy
cduffy@fnno.com

3M's Board Declared $0.55 Dividend, Authorized Repurchase Of Up To $7B (MMM)

The board also authorized the repurchase of up to $7 billion of the company's outstanding common stock.

George W. Buckley, 3M chairman, president and CEO: "Today's announcement reflects the strength of our business model and our confidence in the future.

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3M's (NYSE:MMM) board of directors declared a dividend on the company's common stock of $0.55 per share for Q1 of 2011, which is a 5% increase over the dividend paid in 2010, according to a Bloomberg report.

By Stephanie Shyu
sshyu@fnno.com

Hudson City Bancorp Topped Q4 EPS Estimates

Ronald E. Hermance, Jr., Chairman and Chief Executive Officer commented, "We are very proud of reporting another record year of earnings, our 11th in a row. However, our fourth quarter earnings are more reflective of the trend we

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Hudson City Bancorp (NASDAQ:HCBK) reported Q4 EPS of $0.25, ahead of consensus estimates of $0.23 per share.

By Stephanie Shyu
sshyu@fnno.com

Viacom creates position of Pres, CEO of Viacom International Media Networks

Published on Wed, 01/19/2011 - 10:53
By Stephanie Shyu in General Interest, via, bet, bskyb, ceo, chairman, channels, india, international, italia, media, mtv, networks, paramount, position, president, robert bakish, telecom, via, viacom
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Viacom (VIA) announced that it has appointed Robert Bakish to the newly created position of President and CEO of Viacom International Media Networks. Bakish was previously President of MTV Networks International. In his new role,

By Stephanie Shyu
sshyu@fnno.com

FCC Chairman Favors Approval of Comcast-NBC Deal

CMCSA bid/ask gap remains wide so far this morning. GE is down 0.6% at last check.

According to the WSJ, Genachowski wants Comcast to observe ""net neutrality"" rules in giving competitors' videos the same treatment as its own for customers using its Internet service.

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FCC Chairman Julius Genachowski has told the FCC's other commissioners that he supports Comcast's (CMCSA) offer to buy a controlling interest in General Electric's (GE) NBC Universal, subject to certain conditions, the Wall Street

By FNN Staff
root@fnn-online.com

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