Out of the markets and into the midst of both earnings and elections seasons, volatility seems here to stay. Here’s a quick recap of the most recent turnovers in the headlines the past few days, gathered from.. well, everywhere.
Clothing retailer Urban Outfitters Inc. said its Chief Executive Glen Senk resigned:
The company named Chairman and co-founder Richard Hayne as his replacement. Shares of the company fell 12 percent after the bell. They closed at $29.41 on Tuesday on the Nasdaq.via Urban Outfitters CEO resigns | Reuters.
WebMD Chief Executive resigns:
INDIANAPOLIS (AP) — WebMD Health Corp. CEO Wayne T. Gattinella has resigned, and the healthcare information services provider said it stopped talking to potential acquirers about a sale of the company. WebMD also said Tuesday it expects 2012 earnings to be “significantly lower” than in 2011 as it faces tough competition and its drug company customers deal with patent expirations.
White House Chief of Staff William Daley resigns; budget chief Jacob Lew fills post:
White House Chief of Staff William M. Daley resigned Monday, a year after taking the job, shaking up the administration’s senior management just as President Obama gears up for what is expected to be a tough reelection campaign.
Wife’s trades sink banker, resigns:
ZURICH—Swiss National Bank Chairman Philipp Hildebrand resigned Monday after emails appeared to undercut his assertion that he knew nothing of a currency trade worth more than $500,000 by his wife last summer.
Italy minister Carlo Malinconico quits over hotel bill:
Italian junior minister Carlo Malinconico has resigned because of his connections with a businessman now being investigated for corruption.
At least part of his bills were allegedly paid for at a five-star hotel in the Tuscan resort of Il Pellicano in 2007 and 2008, newspaper reports said.