Citigroup may buy Old Lane hedge-fund firm: report

(Reuters) - If the deal is completed, Pandit would become chief executive of Citigroup's alternative-investments unit, the Journal said.

A representative from Citigroup was not immediately available for comment. Old Lane was also not immediately available for comment.


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Palm chief focusing on regaining sales - Bloomberg

(Reuters) - "I can only worry about how the business is performing and what can we do as a team to do better, to get our products out faster, to drive for higher reliability, to grab more market share."

Colligan, 46, downplayed speculation about a buyout.


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