U.S. Treasury Borrows Money for Free
What happened to all the talk about a rapid rise in interest rates? A Treasury bill auction today went off that effectively lends the U.S. government money for free. This was a four-week T-Bill…
Archive
Year: 2013
All Year: 2013 Articles
Newest first · Page 277Succession Planning at Walmart: Insiders Only Need Apply
courtesy Wal-Mart Stores Inc.Since founder Sam Walton stepped down as the company’s CEO in 1988, Wal-Mart Stores Inc. (NYSE: WMT) has had three CEOs, all of whom had long experience with the company before…
Walmart CEO Succession and Replacement Plan Identified
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) may soon have the highest form of corporate governance issues on its hands: a change in the chief executive officer position. It appears…
New Energy Forecasts Good for Consumers, Not So Good for Producers
ThinkstockThe U.S. Energy Information Administration (EIA) today released the latest version of its Short-Term Energy Outlook, and the agency made some changes to its previous forecasts. The EIA now expects WTI spot prices to…
CFTC Looks into Regulating Bitcoin
ThinkstockThe experiment behind the craze of the virtual currency Bitcoin may soon be coming to an end. The U.S. Commodity Futures Trading Commission (CFTC) is calling for regulators to look into whether Bitcoin should…
Boeing Dreamliner Takes Another Punch
Courtesy of Boeing Co.In addition to the compensation claims against Boeing Co. (NYSE: BA) for the three months that its 787 Dreamliner spent grounded due to a battery problem, the aircraft maker is also…
Alcatel-Lucent Holders Remain Patient in Annual Meeting, Dilution and Reorg Await
ThinkstockTuesday marked the annual shareholder meeting for troubled telecom equipment maker Alcatel-Lucent S.A. (NYSE: ALU). What investors need to know is that the new CEO, Michel Combes, is going to continue in the path…
America’s Most Popular Stores
courtesy of McDonald'sOne half of Americans went to McDonald’s at least once in March, according to location analytics group Placed Insights. Nearly four in ten Americans visited Walmart, the next most popular business in…
First Solar Marks a Top in Industry
Thinkstock When First Solar Inc. (NASDAQ: FSLR) reported first-quarter 2013 results after the markets closed last night, investors did not know whether to cheer or boo. Share prices rose and fell and rose again…
Blackstone Sells Out of General Growth Properties
Private equity firms are taking profits in their portfolio holdings left and right. The third such instance today comes from General Growth Properties Inc. (NYSE: GGP). It has been announced that Blackstone Group L.P.…
U.S. Economic Confidence Matched Five-Year High Last Week — Gallup
ThinkstockFollowing a dip to a year-to-date low of -22 in early March, Gallup’s weekly U.S. Economic Confidence Index has risen to match a five-year high posted in February of -8. The prior week’s index…
Hertz Private Equity Insiders Selling Out
ThinkstockHertz Global Holdings Inc. (NYSE: HTZ) is joining the ranks of large companies with private equity backers selling out. A huge offering took place after the sale of a whopping 49,800,405 shares of common…
California Gas Company Should Pay $2.25 Billion for 2010 Explosion
thinkstockState and local authorities have provided a recommendation to the California Public Utilities Commission that PG&E Corp. (NYSE: PCG) should pay $2.25 billion for a natural gas pipeline explosion in September 2010 that killed…
Generac Investor Sells More Shares
Generac Holdings Inc. (NYSE: GNRC) is seeing another instance where insiders are selling out of shares in a secondary offering. The power backup generator company is selling 9 million shares of common stock. Morgan…
Viagra for Sale Online: Will Other Drug Companies Follow Pfizer?
Wikimedia CommonsYesterday’s announcement by Pfizer Inc. (NYSE: PFE) that it would begin selling its blockbuster Viagra drug online directly to patients is a genuinely ground-breaking deal. The big drug companies like Pfizer, Abbot Laboratories…