Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
Citigroup (NYSE: C) losses an investor vote on executive compensation. (Reuters) Many experts say Spain cannot avoid a bailout. (Reuters) Nestle is close to a deal to buy Pfizer’s (NYSE: PFE) baby…
In testimony in the copyright infringement case brought by Oracle Corp. (NASDAQ: ORCL) against Google Inc. (NASDAQ: GOOG), Oracle CEO Larry Ellison said that his company considered buying smartphone makers Research in…
Argentina may take control of huge energy company YPF. (Reuters) Spanish debt costs continue to rise. (Reuters) The International Monetary Fund will try to raise $400 billion, much less that previously planned. (Reuters)…
Major media cannot agree on something as simple and critical as what the highest paid CEOs in America made last year. Most of the data come from proxies filed with the SEC.…
Google (NASDAQ: GOOG) released its open source operating system in September 2008. It is too bad Google’s patent counsel did not look more carefully at whether the software violated patents and the copyrights of…
Concerns about Spain and Italy renew capital markets’ rejection of area debt. (Reuters) Best Buy (NYSE: BBY) will have to bring in an outsider to change the company’s old philosophy. (Reuters) The…
Spain’s industrial production falls 5.1% on an annual basis in February. (MarketWatch) U.S. brokerage firms pay increasingly higher bonuses to get top producers. (Reuters) Alcoa (NYSE: AA) has a surprising first-quarter profit.…
The press covered the decision by Facebook to list on Nasdaq rather than the NYSE (NYSE: NYX) as if a real contest existed between the two exchanges. Facebook could not have done otherwise…
The Nasdaq has risen 19% in the quarter that is about to end. That is much more than the S&P 500, which is only 13% higher. Many analysts believe that the Nasdaq…
In August 2010, Oracle Corp. (NASDAQ: ORCL) filed suit against Google Inc. (NASDAQ: GOOG) for patent infringements on the Java programming language the Oracle acquired with its purchase of Sun Microsystems. The…
Oracle Corp. (NASDAQ: ORCL) has announced that it will acquire ClearTrial, a maker of cloud-based Clinical Trial Operations applications for an undisclosed sum. The transaction is expected to close in the first…
Paul Ausick Markets opened slightly higher this morning, expecting good news from today’s report on existing home sales. Alas, the number came in lower than expectations and sent the DJIA to a daily low…
Canaccord Genuity may have raised its target from $48 to $30 on Oracle Corporation (NASDAQ: ORCL) this morning, but the overall tone is one of caution on valuation. The report noted, “Guidance…
Jon C. Ogg Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Accenture plc (NYSE: ACN) Raised to Hold at Soc-Gen. Allscripts Healthcare Solutions (NASDAQ: MDRX)…
