Tuesday, 13 Oct 2009 | Source: The Associated Press
Prudential Financial Inc. said Tuesday its board has approved giving shareholders an advisory vote on executive compensation, a so-called Say on Pay, that many companies have adopted in the face of criticism of soaring executive pay.
Stocks ended lower Wednesday as the rally after the Federal Reserve's statement faded and investors began to worry that the central bank is inching closer to withdrawing stimulus measures that have propped up the economy. The Dow had briefly popped above 9,900.
Lloyds Bank topped the FTSE 100 Monday, jumping 6.3 percent, with the banking sector in Europe pulling indexes up after reports that CIT Group has worked out a solution to escape bankruptcy.
Friday, 15 May 2009 | Source: The Associated Press
The federal government has agreed to extend billions in bailout funds to six major life insurers, helping them shore up their capital positions after major investment losses.
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
Charlie Smith, CIO of Fort Pitt Capital Group, Wayne Kaufman, chief market analyst at John Thomas Financial, and Mike Khouw, director at Cantor Fitzgerald, told CNBC how investors can prepare their portfolios for the week ahead... Read More
While GM is grabbing the headlines, stock traders over the weekend were talking about: The continuing strength of the China/commodity play... Read More
We’re "long overall" and believe that the market has a lot of room to go higher, said Wayne Kaufman, chief market analyst at John Thomas Financial... Read More