Former AMD CEO Ruiz Leaked Spin-Off Info To Galleon Case Figure, WSJ Says (Updated)

The Raj Rajaratnam / Galleon Group insider trading case is showing new signs of being a more serious problems for insiders in Silicon Valley. In the latest twist, the Wall Street Journal reports that former Advanced Micro Devices (AMD) CEO Hector Ruiz is the AMD exec referred to in a criminal case filed by the Manhattan D.A.’s office which alleges that an unnamed executive of the chip maker shared confidential information with defendant Danielle Chiesi , a former employee of the

Verizon CEO: We’d LOVE To Sell The iPhone

Would Verizon Wireless, the top U.S. wireless carrier, want to sell Apple's iPhone? Of course they would! Verizon CEO Ivan Seidenberg hammered that point home on the company's earnings call today. As transcribed by the Wall Street Journal : “This is a decision that is exclusively in Apple’s court,” he said during Verizon’s third-quarter earnings call. “We obviously would be interested at any point in the future they thought it would make sense for them to have us as a partner. And so we w

SunPower Says Credit Markets For Solar Improving

Banks and other financial institutions are warming up to residential, commercial and utility solar projects again. That is according to solar panel maker SunPower, which released third quarter earnings Thursday afternoon. SunPower's share price in recent months “As you know, financing was difficult in the first half of the year,” CEO Tom Werner said. “But (it) is improving.” Werner said the company’s recently announced 24 MW plant in Montalto, Italy, is evidence of the change. “Smalle

Why media outlets want Facebook Connect

The news spread quickly, aided by PR and the characteristic web glee anytime an online property appears to be leaving old media in the dust: the September numbers for comScore and Nielsen showed Arianna Huffington and The Huffington Post beating WashingtonPost.com in unique visitors for the first time. Coincidentally, just about when I was explaining on Twitter why that’s a meaningless metric to me, I wound up scheduling some time with HuffPo CEO Eric Hippeau for his first deep dive since mo

Posts about David J. Hayes Watch as of October 16, 2009

Sharing the Pain ‘Sounds Like Good Business’ to Skyline Construction CEO - blog.winningworkplaces.org 10/06/2009 Looking for more evidence that supports the payoff of employee engagement? San Francisco’s CBS 5 TV station uncovered some last week, interviewing David Hayes, CEO of Skyline Construction Inc. , after the company was named a 2009 Top Small Workplace in The Wall Street Journal . Even in the hot sector of LEED -certified commercial construction, Skyline has faced its share

Selling by corporate insiders in August has surged to $6.1 billion, the highest amount since May 2008.

The ratio of insider selling to insider buying hit 30.6, the highest level since TrimTabs began tracking the data in 2004. “The best-informed market participants are sending a clear signal that the party on Wall Street is going to end soon,” said Charles Biderman, CEO of TrimTabs. TrimTabs explained that insider activity is not the only sign the rally is about to end. The TrimTabs Demand Index, which tracks 18 fund flow and sentiment indicators, has turned very bearish for the first tim

Bank Of America CEO Ken Lewis Is Done

B ack in 2007, the state of North Carolina had a proud financial services i ndustry led by two Kens. Ken Thompson of Wachovia , and Ken Lewis of Bank of America. Less than two years later the state is in a depression, one of the companies is gone, and both Kens left their banks in disgrace. Lewis lasted much longer than Thompson, and his company still exists. In fact, Bank of America has grown by leaps and bounds thanks to the acquisitions of Merrill Lynch and Countrywide.

Whole Foods Haters Use Flash Mob Tactic

Whole Foods may seem like an unlikely target of liberals, but it is one of the current cause-celebs round these parts. Ever since the grocery store's CEO wrote a Wall Street Journal editorial that opposed President Barack Obama's health care reform bill, they have tried everything to get back at one John Mackey. If you've been to a Whole Foods lately you can attest to the fact that the call for a boycott isn't working. The parking lots remain packed and the lines are still long. This weekend in

Rumor Revived: Will Verizon Buy A Sat TV Company?

On a slow news day, the Wall Street Journal has dusted off the old telco-buys-sat TV company rumors. In a Heard on the Street piece , the Journal says that the odds of Verizon (VZ) buying DirecTV (DTV) could be shortening. The theory is based on Verizon CEO Ivan Seidenberg ’s recent remark that he wants to make video the company’s core product for its fixed-line business; the story asserts that the best way to do that would be to buy a satellite TV company - and that the best one

InterContinental CEO sees recovery in 2010-WSJ

Sept 24 - InterContinental Hotels does not expect a healthy business travel market before 2010, although there are signs of recovery, its chief executive told the Wall Street Journal in an interview. Andrew Cosslett, CEO of the world's biggest hot ...

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