Corporate Governance

Will Chevy Bolt’s Troubles Dog Tesla Model 3 Too?

General Motors Co. (NYSE: GM) will extend the current shutdown of its Orion, Michigan factory as the company tries to get its inventory under control. The Orion plant makes the ...
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BP Pipeline Spin-off Aimed at Increased Cash Flow

The U.S. subsidiary of BP plc (NYSE: BP) said on Tuesday that the company is considering a plan to create and spin-off a master limited partnership (MLP) of its U.S. ...
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Investors Cheer $200 Million Loan to Sears

In a federal filing Monday, Sears Holdings Corp. (NASDAQ: SHLD) revealed that the company had received a $200 million line of credit from companies controlled by Sears Chairman and CEO ...
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Peltz Launches Proxy Fight with Procter & Gamble

Activist investor Nelson Peltz and his Trian Management have launched a proxy battle with Procter & Gamble Co. (NYSE: PG), the giant consumer products firm with a market cap of ...
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Personal Data of Up to 14 Million Verizon Customers Exposed

As many as 14 million customers of telecom giant Verizon Communications Inc. (NYSE: VZ) had personal data, including names, addresses, account details and PINs, exposed late last month from a ...
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Mattel Cleans House and Is Looking to Replace CFO

Mattel Inc. (NASDAQ: MAT) shares were slipping on Thursday when it came out that the firm is looking to replace its long-standing Chief Financial Officer Kevin Farr. This is definitely ...
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Halcon Resources Stock Jumps 48% on $1.4 Billion Asset Sale

Shares of oil producer Halcón Resources Corp. (NYSE: HK) traded up more than 40% in Tuesday's premarket following an announcement that the company has agreed to sell its operated assets ...
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Why Pandora Shares Continue to Rally

Pandora Media Inc. (NYSE: P) continued to rally this week following news that its chief executive officer, Tim Westergren, would be stepping down from his executive role and from his ...
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Pandora CEO Steps Down

Shares of Pandora Media Inc. (NYSE: P) saw a handy gain to start off the week after it was reported that the chief executive officer, Tim Westergren, is stepping down. ...
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Are You Being Cheated When You Buy Lumber at Home Depot?

Home improvement stores Home Depot Inc. (NYSE: HD) and Menard's are the targets of class action suits filed last week in federal court charging the companies with selling lumber that ...
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The Top 20 S&P 500 Companies Buying Back Stock in 2017

Long-term investors have generally been a fan of stock buybacks and dividends. After all, dividends can account for about half of all shareholder returns over time. And buybacks can help ...
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Companies Are Getting Smarter and More Selective on Buybacks and Dividends

Equity investors love two things on top of capital gains when it comes to investing over the long haul: stock buybacks and dividends. While dividends add to shareholder returns in ...
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Is This the Lucky No. 7 Reverse Stock Split for DryShips?

Since March of 2016, cargo carrier DryShips Inc. (NASDAQ: DRYS) has conducted six reverse stock splits. On June 22, the company's seventh reverse split — this time a one-for-five split ...
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Starbucks Barista Accused of Bullying NC Customer

When a customer orders a coffee drink at a Starbucks Corp. (NASDAQ: SBUX), the barista typically writes the customer's name on the cup so that when the drink is ready ...
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Is Fiat Chrysler in Trouble After WVU Emissions Test Failures?

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) was found to have some discrepancies in its emissions by West Virginia University researchers, up to 20 times the legal limit. The U.S. Department ...
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