Corporate Governance

Why PG&E Delayed Its Annual Meeting

Posted: April 18, 2019 at 11:45 am

In an announcement Thursday morning, PG&E Corp. (NYSE: PCG) said that its annual shareholders' meeting scheduled for May 21 has been postponed until an unspecified date in June. The postponement ...
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How Canopy Growth Aims to Expand in the US

Posted: April 18, 2019 at 10:50 am

Canopy Growth Corp. (NYSE: CGC) shares jumped on Thursday after the firm announced that it has entered into a definitive agreement to acquire Acreage Holdings. The deal will take place ...
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Amazon, YouTube Agree to Play Nice

Posted: April 18, 2019 at 10:40 am

Thursday's announcement that Amazon.com Inc. (NASDAQ: AMZN) and Alphabet Inc.'s (NASDAQ: GOOGL) YouTube have reached an agreement that will bring YouTube's official app to Amazon's Fire TV devices, Fire-enable smart ...
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Why Analysts See the Qualcomm/Apple News Even Better Than the Stock Pop Implies

Posted: April 17, 2019 at 12:00 pm

Qualcomm Inc. (NASDAQ: QCOM) shares saw a sizable gain in Tuesday’s session after it was announced that it had settled its long-running multibillion-dollar litigation with Apple Inc. (NASDAQ: AAPL). Analysts ...
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CEOs in America Continue Losing Their Jobs at a Record Pace

Posted: April 10, 2019 at 11:11 am

The number of U.S. chief executive officers who lost or left their jobs in March continued at a record-setting pace established in the fourth quarter of last year. A total ...
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Chimerix Makes a Couple Big Changes at the Top

Posted: April 9, 2019 at 11:00 am

News of changes to its executive team boosted Chimerix Inc. (NASDAQ: CMRX) shares on Tuesday. Specifically, the firm announced the appointment of Michael A. Sherman as chief executive of Chimerix, effective ...
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Will a Presidential Order Slow Online Sales of Fake Goods?

Posted: April 5, 2019 at 12:15 pm

On Wednesday, President Trump signed an order directing the Secretary of the Department of Homeland Security, Kirstjen Nielsen, to prepare a report on the importation and sale of counterfeit goods ...
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Triumph Group Plans Spin-Off of Aerospace Structures

Posted: April 5, 2019 at 11:10 am

Triumph Group Inc. (NYSE: TGI) investors seemed pleased on Friday after the firm announced that it is exploring strategic alternatives for its Aerospace Structures business unit as part of its ...
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Merrimack Discontinues Cancer Study Amidst Layoffs

Posted: April 5, 2019 at 9:20 am

Merrimack Pharmaceuticals Inc. (NASDAQ: MACK) has announced that it will be discontinuing one of its cancer drugs, as well as conducting layoffs. Specifically, the firm is discontinuing MM-310 for the ...
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Boeing Admits MCAS Failure in 737 MAX Crashes

Posted: April 5, 2019 at 8:40 am

Boeing Co. (NYSE: BA) CEO Dennis Muilenburg on Thursday issued a statement accepting responsibility for the two 737 MAX 8 crashes that killed 346 people. His statement came after the ...
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Blue Apron’s Dilemma May Continue Despite Solid New CEO Replacement

Posted: April 3, 2019 at 5:43 pm

When a chief executive officer leaves a company, shareholders sometimes feel nervous. When CEOs leave a company when it has been in duress, the shareholders and investment community sometimes cheer ...
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Are Blue Apron Executive Changes Enough to Turn It Around?

Posted: April 3, 2019 at 12:00 pm

The announcement of big changes to the Blue Apron Holdings Inc. (NYSE: APRN) executive team pushed shares of the food delivery service firm higher on Wednesday. Brad Dickerson, who joined ...
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Why Sloan’s Departure as Wells Fargo CEO May Not Be So Great for the Bank’s Recovery

Posted: March 29, 2019 at 9:30 am

Some people might wonder how bad it looks when a chief executive officer resigns and the company's stock rises. Generally it's a case of distress-relief when that occurs. And that ...
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Will Bed Bath & Beyond Wash Its Board?

Posted: March 26, 2019 at 9:10 am

The Wall Street Journal has reported that activist investors are preparing to launch a proxy fight against the Bed Bath & Beyond Inc. (NASDAQ: BBBY) board of directors. Shares jumped ...
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Nokia Defends Itself to Show Alcatel-Lucent Woes Not Material

Posted: March 22, 2019 at 11:20 am

Shares of Nokia Corp. (NYSE: NOK) took it on the chin after the Finnish (and French) mobile and communications equipment maker warned of compliance issues at its Alcatel-Lucent business in ...
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