Peltz Launches Proxy Fight with Procter & Gamble
Activist investor Nelson Peltz and Trian Management have launched a proxy fight to elect Peltz to a seat on Procter & Gamble's board of directors at the company's annual meeting.
Archive
Year: 2017
All Year: 2017 Articles
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America Is Running Out of Workers
The employment situation in America is so robust that it has started to drive up labor costs for employers.
6 Most Important Things in Business Today
Trian launches proxy fight against Procter & Gamble, China's GDP grew faster than expected in the second quarter, IBM released a new series of computer products.
Where You’ll Pay the Most in Electric Bills
Whether it is powering a refrigerator to keep food from spoiling or heating water for a shower, many of modern life’s most basic functions require electricity. However, the cost of running a refrigerator for…
IPOs This Week: 5 Companies Seek Nearly $1 Billion in Capital
Six companies plan to enter the public markets this week with IPOs seeking up to $400 million in capital. Firms include a pet supply maker, a real-estate finance company, and a yoga studio operator.
Why Americans Are Foregoing Retirement
More older Americans than ever before are continuing to work beyond the traditional retirement age of 65. Their reasons vary, but the vast majority expect to supplement their retirement income by continuing to work.
Chevy, Ford, Ram Offer Big July Discounts on Pickups
US automakers are offering big incentives to pickup truck buyers this month. The Detroit 3 are facing rising inventories and incentives on pickups makes sense to them -- and, of course, is good for…
Can Apple Sell 160 Million iPhones This Year?
There is a broad range of forecasts for iPhone sales in the final part of 2017. Most analysts expect unit sales to be somewhere in the 160 million range as a total across the…
IBM Train Wreck Continues Ahead of Earnings
IBM (NYSE: IBM) has continued to sell a turnaround, driven by its cloud and artificial intelligence businesses. Ahead of second quarter earnings, however, investors have not bought the pitch. IBM shares are off 7%…
Wedding Dress Maker Goes Broke as Fewer Americans Marry
The wedding business is faltering as fewer Americans marry. Gown maker Alfred Angelo filed for bankruptcy last week and the Las Vegas wedding chapel business is having some troubles too.
Goldman Sachs, IBM and More Dow Stocks Reporting Next Week
24/7 Wall St. has put together a preview of General Electric, Microsoft and other Dow Jones Industrial Average companies scheduled to report their quarterly results this coming week.
Netflix, Bank of America and 5 More Key Earnings Coming Next Week
The second-quarter earnings season has kicked off and 24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week.
Consumer Credit Card Losses and Risks Growing at Major Banks
Some consumers feel ripped off at the notion of paying 18% interest rates, or even higher, on their credit cards.
8 Dumb Mistakes That Can Scuttle Your Home-Buying Plans
Buying a home is usually at least a little stressful, but you can reduce the anxiety by making sure you don't make a mistake that you could easily have avoided. Here are some tips…
Gas Prices Drop Below $2 in Five States
Gas prices dip below $2 a gallon in Alabama, Oklahoma, Mississippi, Arkansas, and South Carolina.