Corporate Governance

gavel and cash money

SEC Fines UBS for Inadequate Employee Training

The U.S. Securities and Exchange Commission (SEC) just announced that UBS Financial Services has agreed to pay over $15 million to settle charges regarding a failure to adequately educate and ...
Read Full Story »

Anheuser-Busch Settles FCPA Charges With SEC

The U.S. Securities and Exchange Commission (SEC) recently announced that Anheuser-Busch InBev (NYSE: BUD) has agreed to pay $6 million to settle charges that it violated the Foreign Corrupt Practices ...
Read Full Story »

SEC Issues Charges Over Penny Stock Fraud

The U.S. Securities and Exchange Commission (SEC) recently charged a former microcap company CEO and a boiler-room operator with defrauding seniors and others. Investors were pressured to buy in to a ...
Read Full Story »

Williams Names 2 New Board Members, Activist Investor Meister Drops Proxy Fight

Williams Companies Inc. (NYSE: WMB) on Monday announced the appointments of two new members to the company's board of directors. That makes a total of five new directors on the ...
Read Full Story »

Endo Shuffles the Deck With New CEO Appointment

Shares of Endo International PLC (NASDAQ: ENDP) saw a handy gain in Friday’s session after the company announced a change in senior management. The company said that its board of directors ...
Read Full Story »

Leon Cooperman and Omega Advisors Charged With Insider Trading

The U.S. Securities and Exchange Commission (SEC) announced insider trading charges against hedge fund manager Leon G. Cooperman and his firm Omega Advisors. Essentially, the agency is alleging that Cooperman ...
Read Full Story »
Warren Buffett square

Why JPMorgan Adding Warren Buffett Investment Manager to Board Matters So Much

If there is one thing a company can do to signal just how solid an underlying business is, one of the top "best" things would be to get a deal ...
Read Full Story »

Fraud Costs Wells Fargo Shareholders $10 Billion

Wells Fargo & Co.'s (NYSE: WFC) shares have fallen so much from when the fraud was disclosed, which cost 5,200 employees their jobs and the bank suffered $185 million in fines, ...
Read Full Story »
local produce

Weight Watchers CEO Goes, Oprah to Aid Search for Replacement

When Oprah Winfrey acquired 10% of the outstanding shares of Weight Watchers International Inc. (NYSE: WTW) a year ago, she also received a seat on the company's board of directors ...
Read Full Story »

Could Wells Fargo CEO John Stumpf Be Fired?

Update: Can Wells Fargo CEO John Stumpf keep his job? He will be dragged before The Senate Banking Committee to answer for the bank's horrible mistakes Wells Fargo’s (NYSE: WFC) ...
Read Full Story »
burning cash

Is Pier 1 Losing Its Best Shot at a Turnaround?

Pier 1 Imports Inc. (NYSE: PIR) gave a business update after the markets closed on Wednesday, revising its preliminary results and guidance and announcing a transition in management. Anytime there is an ...
Read Full Story »

California Cadillac Dealers Push Back on New GM Incentive Plan

Last February, the Cadillac division of General Motors Inc. (NYSE: GM) announced a change to its dealer incentive programs. The change was given a name, Project Pinnacle, and an implementation ...
Read Full Story »
cell phone tower

T-Mobile Finishes Last in Evaluation of US Wireless Carriers

In a new Rootmetrics study, T-Mobile US Inc. (NASDAQ: TMUS) finished fourth in the national "overall" measure, which includes "reliability," "speed," "text," "data" and "call." Verizon Communications Inc. (NYSE: VZ) proved once again that ...
Read Full Story »

Is AMC Gearing Up a Takeover of RLJ Entertainment?

Entertainment distributor RLJ Entertainment Inc. (NASDAQ: RLJE) normally trades fewer than 17,000 shares a day. As the noon hour comes to a close Monday, nearly 2.8 million shares have changed ...
Read Full Story »
falling oil prices

Marathon Sinks on CFO Departure

Marathon Oil Corp. (NYSE: MRO) watched its shares sink during Monday’s regular trading session after it announced some changes to its upper management. The big move to watch out of the ...
Read Full Story »