The Corporate Library’s latest annual review of corporate governance at TSX 60 companies in Canada turned up eleven which present high or very high concerns with regard to CEO compensation: Kinross Gold Corporation (NYSE:KGC) EnCana Corporation …
It has taken less than three months from oil to go from $65 to $81, a 25% increase. Gasoline prices have not moved up as fast but have risen to $2.50. That price could…
First Portfolio, the business magazine launched just two years ago by publishing giant Conde Nast, folded. Then, the largest business magazine in America, BusinessWeek, was sold by its parent company, McGraw-Hill (MHP), to Bloomberg…
The American Booksellers Association wants to know the motivation of Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Amazon (NASDAQ:AMZN) for selling popular books online for under $10. The industry group has asked The Justice Department to investigate…
The Federal Reserve proposes that it will “regulate” compensation packages at the top 28 financial institutions in the US. The agency said that its new program is designed to make sure that the incentive…
The founders of the large web properties of Web 1.0 are all gone now save one. Yahoo!’s (NASDAQ:YHOO) chief Yahoo!s have very little to do with the company, although one of them, Jerry Yang,…
Reuters: Japan Airlines faces $8.8 billion in excess debt if liquidated. Reuters: Amazon (NASDAQ:AMZN) beat Wall St. estimates. Reuters: GM’s CEO will get a pay raise. Reuters: Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL) over patent…
Markets in Asia were higher. The Nikkei rose .2% to 10,283. The Hang Seng was up 1.4% to 22,516. China Life (NYSE:LFC) and Sinpoc (NYSE:SNP) rose. The Shanghai Composite was up 1.9% to 3,108.…
American Express Company (NYSE: AXP) and Capital One Financial Corporation (NYSE: COF) have both reported earnings this afternoon. We saw estimates rise in recent days as many lenders were discussing better credit metrics starting…
Shares of Amazon (NASDAQ:AMZN) rose nearly 10% after hours to $101.70, well above the stock’s 52-week high. Revenue increased 28% to $5.45 billion in the third quarter, compared with $4.26 billion in same quarter last…
Wal-Mart Stores, Inc. (NYSE: WMT) has been having its analyst meeting this week and we now have a release from the company showing its growth plan next year. This also updates the cap-ex fiscal…
Harvest Energy Trust (NYSE: HTE) is a Canadian energy trust that has gone unnoticed by many Americans. Yet today it is one of the top percentage gainers because the trust is being acquired by…
Nokia (NYSE:NOK) sued Apple (NASDAQ:AAPL) saying that Apple’s iPhone infringes Nokia patents for GSM, UMTS and wireless LAN (WLAN) standards. Nokia has a habit of trying to get its way in court as Qualcomm…
We still have two DJIA components to report earnings this week. If you can believe it this week marked 12 of the 30 components reporting earnings, and that takes us to a total of…
We have many key secondary offerings on deck today. Brigham Exploration (NASDAQ: BEXP), Macerich Co. (NYSE: MAC), Marshall & Ilsley (NYSE: MI), Nara Bancorp (NASDAQ: NARA), and Whitney Holding (NASDAQ: WTNY) all priced secondary…
Updated throughout the day. Update 11.03 AM EST P&G (PG) may buy the household prooducts unit of Sara Lee (various) Brian Moynihan, a Bank of America (NYSE:BAC) executive and possible CEO candidate is under…
The Labor Department has just issued its report on weekly jobless claims. The hopes that we’d finally get back under 500,00 were dashed as the claims rose by a revised 11,000 bodies to a…
We have seen earnings from five of the thirty DJIA components this morning alone. All were above expectations, even if some of the year over year comparisons do not look that great at some. …
These are this Thursday morning’s top ten analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls: Chesapeake Energy (NYSE: CHK) Cut to Neutral at UBS. EOG Resources (NYSE: EOG) Cut…
By John Tamny In a world full of paradoxes, Princeton economics professor and New York Times columnist Paul Krugman has become rich decrying what he deems “income inequality.” Only in America could an individual…