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| | BusinessWeek.com -- Management | | |
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| | | Brent Lynn has beaten 96 percent of rivals since taking over the Janus Overseas Fund in 2003, in part by investing in stocks from emerging markets such as India and Brazil. | | | | | |
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| | | Bank of America Corp. won't need to sell common shares to boost capital as it works through demands from mortgage investors to repurchase loans that may have been poorly underwritten, Chief Executive Officer Brian T. Moynihan said. | | | | | |
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| | | Bank of America Corp. Chief Executive Officer Brian T. Moynihan said he was surprised when the Federal Reserve Bank of New York and investors sent a letter pushing the firm to repurchase soured mortgages pooled into securities. | | | | | |
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| | | Sun Life Financial Inc., which agreed last week to sell a reinsurance business to Warren Buffett's Berkshire Hathaway Inc., may sell other operations, Chief Executive Officer Donald Stewart said. | | | | | |
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| | | The billionaire Wilbur Ross will donate $10 million for a library in Yale School of Management's new building. | | | | | |
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| | | Chi-X Europe Ltd., which received a takeover approach in August, has sent out a memorandum with information to potential suitors, according to people familiar with the situation. | | | | | |
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| | | European companies are considering initial public offerings in Asia where demand is higher, said Marzio Perrelli, who oversees HSBC Holdings Plc's business in Italy. | | | | | |
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| | | Italian Prime Minister Silvio Berlusconi faces calls for his resignation amid a sex-related scandal, driving up bond yields a month after he quelled a revolt that threatened to bring down his government. | | | | | |
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| | | Elpida Memory Inc., the Japanese chipmaker bailed out by the government last year, will slash semiconductor production by about 25 percent, citing an "abrupt" drop in prices. | | | | | |
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| | | JSW Energy Ltd., the Indian power producer controlled by the billionaire Jindal family, plans to bid for CIC Energy Corp. to add coal assets in Africa, according to two people with direct knowledge of the matter. | | | | | |
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| | | Biocon Ltd., India's biggest biotechnology company, may spin off its Syngene contract research unit as early as May 2012, Chairman Kiran Mazumdar-Shaw said. | | | | | |
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| | | Elpida Memory Inc. fell in Tokyo trading after a report that the Japanese chipmaker plans to cut production for the first time in two years and put off plans to build a plant. | | | | | |
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| | | JPMorgan Chase & Co. Vice Chairman Steven Black will leave the firm in early 2011, about a year into a three-year commitment announced in January. | | | | | |
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| | | Jefferies Group Inc., the New York investment bank that raised half a billion dollars in a bond sale, will plow ahead with expansion as earnings across Wall Street slide. | | | | | |
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| | | Jefferies Group Inc., the New York investment bank that raised half a billion dollars in a bond sale, will plow ahead with expansion as earnings across Wall Street slide. | | | | | |
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| | | Viktor Chernomyrdin, the longest- serving prime minister in post-Soviet Russia and the first head of state natural-gas export monopoly OAO Gazprom, died in Moscow. He was 72. | | | | | |
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| | | Hartford Financial Services Group Inc. posted the largest advance in the Standard & Poor's 500 Index after reporting its biggest profit since 2007 on investment gains and boosting its 2010 earnings forecast. | | | | | |
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| | | JSW Energy Ltd., the Indian power producer controlled by the billionaire Jindal family, plans to bid for CIC Energy Corp. to add coal assets in Africa, according to two people with direct knowledge of the plan. | | | | | |
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| | | Saft Groupe SA, the French maker of batteries used in submarines, rockets and satellites, said revenue from industrial companies such as automakers and utilities will probably rise next year. | | | | | |
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| | | Accor SA, Europe's largest hotelier, said Chief Executive Officer Gilles Pelisson will be replaced by Denis Hennequin as a result of differences with the board. | | | | | |
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| | | Accor SA, Europe's largest hotelier, said Denis Hennequin will replace Gilles Pelisson as chief executive officer after the current CEO had differences with the board. | | | | | |
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| | | Talwalkars Better Value Fitness Ltd., backed by HSBC Holdings Plc, expects annual sales to almost double as economic growth in the world's second-most populous nation lifts spending on health and wellbeing. | | | | | |
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