J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ... Read Full Story »
As promised, Daniel Loeb and his firm, Third Point LLC, have today sent a letter to Yahoo! Inc. (NASDAQ: YHOO) demanding that the Internet firm open its books and records ... Read Full Story »
As recently as last week it appeared that Carl Icahn’s Icahn Enterprises L.P. (NASDAQ: IEP) may not receive enough shares to complete his takeover of CVR Energy Inc. (NYSE: CVI). ... Read Full Story »
Intel Corporation (NASDAQ: INTC) has joined the brigade of Dow Jones Industrial Average to raise its dividend. The semiconductor giant approved a 7 percent increase in its quarterly cash dividend ... Read Full Story »
Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) already had problems before a fund called Tang Capital accused it of being insolvent this week. Over the last year this stock has fallen down ... Read Full Story »
Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) reported first quarter results after the markets closed yesterday. The company missed the headline numbers, but that’s not the company’s biggest problem. ... Read Full Story »
Aubrey McClendon, chairman and CEO of Chesapeake Energy Corp. (NYSE: CHK), will relinquish his chairman’s role as soon as the company’s boards appoints a new non-executive chairman. The announcement said ... Read Full Story »
In advance of its annual meeting tomorrow, Sears Holdings Corp. (NASDAQ: SHLD) this morning announced that its first quarter same-store sales fell -1.3% compared with the same period a year ... Read Full Story »
This was a huge week in dividends, particularly for the key DJIA components. We had a report calling for more and more dividend hikes of about 8% from the DJIA ... Read Full Story »
Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) fired its board chairman, saw three directors leave in protest, and announced the resignation of the company’s CFO all at the same time that ... Read Full Story »
How many DJIA components can raise their dividend in one week? Johnson & Johnson (NYSE: JNJ) answered that question as "Who knows, but we can make it one more!" J&J ... Read Full Story »
The board of directors of Chesapeake Energy Corp. (NYSE: CHK) has “determined that it does not intend to extend the company's Founder Well Participation Program (FWPP) with its chief executive ... Read Full Story »
When we saw that Exxon Mobil Corporation announced a 21% hike to its dividend this morning, we figured it would still be a ways out before Chevron Corporation (NYSE: CVX) ... Read Full Story »
Wal-Mart Stores Inc. (NYSE: WMT) is still deep in the soup. Since the news broke over the weekend over bribes in Mexico involving its current and former top-brass, Wal-Mart shares ... Read Full Story »
Exxon Mobil Corporation (NYSE: XOM) is confirming exactly what an earlier report predicted earlier this week. Dow Jones had a report that the DJIA components would raise their dividends again ... Read Full Story »