The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise in US…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Chesapeake Energy Corp. (NYSE: CHK) Raised to Hold from Sell at Argus.…
Nasdaq (NASDAQ: NDAQ) will announce what compensation it will give Facebook (NASDAQ: FB) brokers. (Reuters) The European Union continues to look at ways to help the region’s damaged banks. (Reuters) Spain says it has…
The G7 will hold emergency talks about the eurozone, with special consideration of Spain. (Reuters) A Reuters/Ipsos poll shows that few Facebook users buy goods and services because of advertising and “likes,” and…
Two large shareholders of Chesapeake Energy (NYSE: CHK) have managed to push out four of the company’s nine directors, as Carl Icahn and Southeastern Asset Management overhauled the governance structure of the…
Douglas A. McIntyre Natural gas producer Vanguard Natural Resources LLC (NYSE: VNR) announced this morning that it has agreed to purchase natural gas and liquids assets from privately held Antero Resources for about $445 million.…
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…
At the company’s shareholders meeting today, the CEO of Exxon Mobil Corp. (NYSE: XOM) said that Exxon is studying the possibility of exporting natural gas from the US Gulf Coast and Canada.…
The appointment of former politicians to large public companies’ boards is regularly called into question. Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in…
A number of things have happened to Chesapeake Energy (NYSE: CHK) since the disclosure that its CEO, Aubrey McClendon, took tens of millions of dollars of loans to invest side-by-side with his…
Carl Icahn has used the mess at Chesapeake Energy (NYSE: CHK) to try to take four board seats. Chesapeake’s shares have cratered because of trouble involving the side-by-side investments of its CEO…
Douglas A. McIntyre For the two weeks that ended on May 15, short sellers hit old and new Internet site companies alike. Among firms that had IPOs recently, the short interest in Zynga (NASDAQ: ZNGA) rose…
Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) has reportedly struck a deal to sell about 504,000 net acres of leasehold in the northern part of the Denver-Julesburg (DJ) basin, which stretches…
Paul Ausick Many members of the EU want Greece to remain a member but have begun to prepare for its departure. (Reuters) Hewlett-Packard (NYSE: HPQ) posts better-than-expected earnings and says it will fire 27,000…
The California State Teachers’ Retirement System (CalSTRS), by many measures the second largest pension in the United States, has taken the advice of and has joined proxy advisory firms ISS and Glass Lewis in…
