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By Milana Vinn NEW YORK (Reuters) - Cisco Systems' $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar ac...
Cisco Systems' $28 billion deal for Splunk is likely to prompt other technology giants to splash out on similar acquisitions of software vendors with predictable subscription revenue, investment...
NextEra Energy's $5.4 billion retirement plan for employees has suffered about half a billion dollars in losses this year as outsized bets on company stock soured, reflecting ongoing risks of corporate 401(k) policies that encourage concentrated positions in company shares. America’s largest renewable power company is among several U.S. energy and utility companies, including Exxon and Southern Company, that continue to promote big, concentrated bets on company stock in worker retirement plans. A Reuters analysis of retirement policies and stock performance data, along with inter...
Cadence Bank CEO Dan Rollins calls the regional banking crisis from earlier this year March madness. Six months on, the craziness has abated, but the industry is scarred and still dealing with its...
Cadence Bank CEO Dan Rollins calls the regional banking crisis from earlier this year "March madness." "We don't want an asset that doesn't come with a full wallet," Rollins said, referring to a trend since the crisis where banks want customers who want loans to also bring them their deposits. Rollins' southeastern regional bank is not alone.