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Personal care company $KMB said its Chief Human Resources Officer, Liz Gottung, will retire end 2016. Scott Boston, who led global HR talent management for the company, has been named as successor to Gottung. Boston will take over as SVP and Chief Human Resources Officer effective Jan. 1, 2017.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.