BOSTON, June 19- Harvard University said on Wednesday that it had hired Wall Street veteran Jake Xia as its chief risk officer to analyze and monitor investment exposure in its $30.7 billion endowment.» Read More
In a sign that the New York Times may be trying to appease investors who have criticized it, the newspaper publisher invited Morgan Stanley money manager Hassan Elmasry and another large shareholder, T. Rowe Price Group, to make presentations to its board of directors late last month, The Wall Street Journal reported.
Should companies stop issuing quarterly earnings guidance? That was a major topic of discussion on today's "Morning Call." Dean , executive director of the Business Roundtable Institute for Corporate Ethics, says yes because focusing on quarterly earnings per share guidance often forces companies to concentrate on the here-and-now while under-investing in the future.
We've mentioned today's report on global warming in an earlier post--so let's get right to one of the major questions: is corporate America taking global warming as a serious issue or not? Some are it seems as reported earlier this month when 10 companies and their CEOs joined activist groups in calling for caps on carbon emissions.
From energy to gold, airlines to the Internet, specialists and analysts offer predictions for the new year, as our "7 For '07" special coverage continues. And don't miss our 2007 Money Manager Survey.