James I. Cash Jr., Ph.D., emeritus James E. Robison professor at the Harvard Business School is stepping down from Microsoft’s board of directions. He cites pressure from personal and professional commitments as the reason. Cash, who has been with the board since 2001, stated that he has enjoyed working with the other members. With his departure nine members remain on the board.
Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499 as none of the GCI’s 11 S&P 500-listed stocks closed at a gain with eight in the U.S. stock bellwether ended as the GCI’s worst
Hewlett-Packard (NYSE: HPQ) announced today that its board of directors has authorized a regular quarterly dividend of 13.2 cents per share, which it expects to declare in May. The company said the payment represents a 1o percent increase over the previously announced dividend it will disburse on April 4, for stockholders of record on March
BAE Systems has agreed to sell two businesses that produce safety products for defense and aerospace customers to Japanese firm Takata Corp. for around $32 million in cash. The deal will send BAE Systems Safety Products Inc. and BAE’s German subsidiary Schroth Safety Products GmbH to Takata, a manufacturer of seat belts, air bags and child seats.