Corporate Governance

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Chairman Omid Kordestani and Twitter Board to Blame

The executive chairman of Twitter Inc. (NYSE: TWTR), Omid Kordestani, is largely to blame for the company's share price. He and the board picked CEO Jack Dorsey and have continued ...
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Chrysler Restates Sales for Past 5 Years

Explaining that it wants to clarify its practices for reporting monthly sales, Fiat Chrysler Automobiles NV (NYSE: FCAU) said today that it will change the way it reports sales from ...
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Starbucks Makes Key Management Shift in Americas: How Customers May Notice

Starbucks Corp. (NASDAQ: SBUX) has become one of the biggest and best brands in the entire world. It revolutionized the coffee business, and Starbucks wants to take on new frontiers ...
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New Volkswagen CEO Matthias Müller Could Lose Job as Scandal Grows

As the Volkswagen diesel scandal grew, it cost long-time CEO Martin Winterkorn his job. VW's board assumed that the head of its Porsche division, Matthias Müller, could replace Winterkorn and ...
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SEC Settles Blue Sheet Charges With Citigroup

The U.S. Securities and Exchange Commission (SEC) recently announced that Citigroup Global Markets has agreed to pay a $7 million penalty and admit wrongdoing to settle charges that a computer ...
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Dividend Growth Trends Now Shown to Be Under Pressure for Dow and S&P Stocks

Investors love dividends and stock buybacks. Buybacks can signal a short-term opportunistic action if a share price is low, or they can offset dilution from stock options or acquisitions. Dividends ...
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For Investors, Tesla’s Musk Remains One of America’s Greatest CEOs

Over the past five years, shares of Tesla Motors Inc. (NASDAQ: TSLA) have risen 667%. By way of comparison, Inc.'s (NASDAQ: AMZN) shares have risen 248% over the same ...
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Western Digital Raises the Stakes With New CFO and Q4 Guidance

Shares of Western Digital Corp. (NASDAQ: WDC) saw a handy gain early on Thursday after the company announced a new executive appointment and released updated guidance for the coming quarter to ...
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Why Flexion Therapeutics Is Adding 3 New Executives to Its Ranks

Flexion Therapeutics Inc. (NASDAQ: FLXN) is shuffling its deck of executives, so to speak, in an announcement that it made early Wednesday morning. The company announced that three new executives ...
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Twitter Still Looking for a Turnaround With Newest Board Addition

Twitter Inc. (NYSE: TWTR) is looking for ways to turn itself around as this social media giant has recently bounced off of its all-time low. CEO Jack Dorsey has pulled ...
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Are Corporate Managers Lying About Quarterly Results?

When corporate executives report quarterly earnings, those reports always look back at the most recently ended quarter and may or may not offer some indication of the company's performance in ...
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6 Impressive Bank Dividend and Buyback Hikes After Fed-CCAR Results

It was just last week that investors learned that all of the major banks were shown to have passed their Federal Reserve stress tests. Now the capital return plans (CCAR) ...
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Alcoa Offers Details on Split, Investors Head for the Exit

Alcoa Inc. (NYSE: AA) filed a Form 10 initial registration statement with the U.S. Securities and Exchange Commission (SEC) Wednesday morning that gave some details regarding the company's plan to ...
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comScore Still Not Ready to File 2015 Documents

In late February, research firm comScore Inc. (NASDAQ: SCOR) said that it had "received a message regarding certain potential accounting matters," and that it would be unable to file either ...
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Lending Club Fires 179 Staff, Names New CEO, Chairman

Peer-to-peer loan maker LendingClub Corp. (NYSE: LC) announced Tuesday morning that it has named a new CEO, a new chairman of the board, and that it will cut 179 jobs. ...
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