Tuesday, 22 May 2012 | Posted By:
| Source: CNBC.com
Allowing high-frequency computer traders into the stock market is like letting “rats in the granary,” Warren Buffett’s right-hand man said in an exclusive CNBC interview.
The oil-exploration company reduced the compensation for its outside directors by 20 percent and eliminated their use of its aircraft for personal travel, the company said Friday.
Winnebago confirmed that it has received a takeover bid from North Street Capital of $11 per share. The company's shares were halted on Friday after surging in pre-market trade.
Benmosche acknowledged this request in an interview with CNBC’s Mary Thompson after Wednesday’s annual meeting. Benmosche has been battling cancer, and had agreed to stay to the end of this year. Now he’s ready to stay longer.
Canadian Pacific Railway's CEO Fred Green resigned on Thursday, handing activist shareholder William Ackman a victory after a bruising proxy battle for control of Canada's second biggest railroad.
With shares of Facebook expected to begin trading later this week, you may be among the 900 million active users looking to get a piece of the action. But before you hit the buy button there are a few things you should know.
Tuesday, 15 May 2012 | Posted By:
| Source: CNBC.com
For Facebook, advertising is a gold mine: It represents a wide majority of the company’s revenues. It can market targeted information for its nearly one billion users/consumers, who each stay engaged on the platform for hours each month.
Monday, 14 May 2012 | Posted By:
| Source: CNBC.com
Four years after the financial crisis, bad behavior is back in corporate America, generating embarrassing headlines and posing the threat of even more rules.
Best Buy's chairman is stepping down after he failed to tell the board that former CEO Brian Dunn had violated company policy by having "an extremely close personal relationship'' with a female employee.
Ally Financial's mortgage unit on Monday filed for bankruptcy and the auto lender said it will sell some international operations to help it get on a path to repaying $12 billion in bailout money.
The embattled natural gas producer said it may delay the sale of its assets in order to preserve cash flow needed to comply with requirements of its corporate credit facility.
Friday, 11 May 2012 | Posted By:
| Source: CNBC.com
Dead may be an exaggeration, but it's difficult not to worry about the health of an entity that has seen the life sapped of it since the onset of the financial crisis.
An experimental obesity pill from Arena Pharmaceuticals won the support of U.S. advisers on Thursday, as public health advocates push for new solutions to the nation's growing obesity epidemic.
With investor caution at unprecedented highs and no end in sight to the debt crisis, one investment manager thinks he has the definitive list on where to invest to maximize returns despite market volatility.... Read More