courtesy of Groupon Inc.An SEC filing shows that Tiger Global has taken a 65 million share position (9.9%) in Groupon Inc. (NASDAQ: GRPN). That certainly will press its shares higher, at least temporarily.…
courtesy of Hostess Brands Inc.Twinkies Hoarders Disappointed Some Americans hoarded all the Hostess Twinkies they could find once the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the…
thinkstockNew York State will sue Credit Suisse Group (NYSE: CS) over false statements about mortgage-backed securities. (Reuters) France loses its Moody’s Aaa rating. (Reuters) The ITC will go over a judge’s decision…
courtesy of Wal-Mart StoresWal-mart Stores Inc. (NYSE: WMT) announced this morning that its board of directors has approved a change to the payment date for the company’s fourth-quarter dividend. The new date…
Paul Ausick courtesy of Wal-Mart Stores Inc.Retailing giant Wal-Mart Stores Inc. (NYSE: WMT) has filed an unfair labor practices complaint against a union that the company says has been illegally supporting worker rallies at…
Paul Ausick courtesy of NetflixNews Corp. (NASDAQ: NWSA) will buy a 49% interest in YES. (Reuters) Citigroup Inc. (NYSE: C) will pay $360 million to end its dispute with Lehman Bros. (Reuters) Cisco Systems…
courtesy of Hostess Brands Inc.Hostess Brands Inc., a privately held firm that makes Twinkies, Wonder Bread and other bakery products, is set to seek permission from a bankruptcy court to close down,…
Paul Ausick courtesy of Wal-Mart Stores Inc.The litany of complaints of Wal-Mart Stores Inc. (NYSE: WMT) workers who plan to walk off their jobs this week include objections to low pay, the company’s roadblocks against unionization…
Douglas A. McIntyre thinkstockGlobal bank layoffs reach 160,000. (Reuters) Christine Lagarde of the International Monetary Fund says it is essential that the European Union make a deal to rescue Greece. (Reuters) The U.S. Postal Service…
U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) reported third-quarter 2013 diluted earnings per share (EPS) of $1.08 and $113.2 billion in revenues before markets opened this morning. In the same period…
Paul Ausick flickr / eschipulThere is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief executive compensation.…
Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter…
U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted…
thinkstockToday is potentially a make or break day when it comes to a corporate voice on how to avert SOME of the issues with the coming fiscal cliff. Leaders of labor got…
