Kodak’s Former CEO Gets Double for Nothing
As a reward for Antonio Perez's outstanding performance as CEO of Eastman Kodak last year, he received $6.71 million. Perez was named CEO in 2005 and led the company into bankruptcy in 2012.
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Year: 2014
All Year: 2014 Articles
Newest first · Page 351How Target Is Trying to Fend Off Amazon
Target isn't about to let Amazon.com keep nibbling away its market share, not without fighting back. So, the retailer announced Thursday it will vastly expand the goods available to order by subscription.
Natural Gas Inventories Support Bullish Sentiments
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 24 billion cubic feet for the week ending April 11. That compared with an expected increase of between…
Weibo IPO Rises Above Drooping Expectations
Ahead of its IPO, Weibo both priced shares at the low end of its expected range of $17 to $19 apiece, and it reduced the number of shares offered. Shares opened even lower, before…
Surge in Philly Fed Reading Contradicts Empire State Report
ThinkstockThe Federal Reserve Bank of Philadelphia’s Business Outlook Survey jumped from a reading of 9.0 in March to 16.6 in April. That was the strongest reading since last September, and it beat a consensus…
Spirit Disputes Worst Airline Rating
ThinkstockA recent study of the U.S. airlines industry reviewed and analyzed customer complaints against the major U.S. carriers for the five-year period from 2009 to 2013. The study concluded that passengers were most likely…
Walmart Starts Wire Transfer Service
In yet another foray into the banking business, Walmart announced Thursday morning the launch of a money transfer service that allows customers to transfer funds to the more than 4,000 Walmart stores.
Yahoo! Brings Founder Back to Board
In a proxy filing Wednesday, Yahoo! nominated founder David Filo to the company's board of directors. Filo left the board in 1996 but has been an advisor since the hiring of CEO Marissa Meyer.
Cowen Says Buy These Top Airline Stocks Before Earnings
The analysts at Jefferies point out that corporate travel was up in March, and that could bode well for the top companies and the economy. Here are some of the airlines stocks rated Outperform…
Deutsche Bank Raises Price Targets on Top Oil Service Stocks
In a new research report, the oil service and equipment analysts at Deutsche Bank say that the time to own top oil service stocks is now. Here are the top stocks rated Buy with…
Another Solid Week for Jobless Claims
The U.S. Labor Department has released its tally on weekly jobless claims, and the figure rose by 2,000 to 304,000. The prior week’s reading was revised higher to 302,000 from 300,000. Dow Jones was…
Oil Services Earnings Dominated by American Activity
Schlumberger and Baker Hughes reported mixed first-quarter results before the markets opened Thursday. Their earnings were dominated by activity in North America.
Top Analyst Upgrades and Downgrades: Alcoa, BofA, Boardwalk, Netflix, NBG, SanDisk and More
These are this Thursday's top analyst upgrades, downgrades and initiations from Wall Street. They include Alcoa, Bank of America, Boardwalk, Netflix, NBG and SanDisk.
Snack Food Sales Boost Pepsi Earnings
PepsiCo reported better-than-expected first-quarter 2014 results before markets opened Thursday morning, due largely to cost-cutting and higher snack-food sales.
Goldman Sachs Delivers on Earnings and Book Value Growth
Goldman Sachs is still a new Dow Jones Industrial Average component, and now the bulge bracket investment banking firm is out with its first-quarter earnings for 2014.