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How HP Plans to Ruin Investor Returns, Again

The policies of departed Hewlett-Packard (HPQ) CEO Leo Apotheker helped cost investors $50 billion in market value as the tech company's stock dropped from a 52-week high of $49.49 to its current price of $23.19. Now, the board wants to create a plan that could well keep the price of the stock low for some time.

CEO Pay: JPMorgan's Dimon Earned His Big Money

The average person may find it hard to imagine what big company CEOs do to justify their massive pay packages. Shareholders often ask a similar question: Why pay executives so much when the returns they produce are often so modest? But that's a question that doesn't apply to JPMorgan Chase CEO Jamie Dimon.

Another Week of Robust Corporate Earnings?

Apple, Bank of America, Morgan Stanley, IBM, GE, Goldman Sachs and Google are just a sampling of names releasing results this week. And if last week's numbers are any guide, the market should have plenty of reasons to rally -- especially because expectations aren't all that great.

Goldman Sachs Suspends Evictions and Foreclosures

In a regulatory filing, Goldman said it's reviewing loan practices at Litton Loan Servicing, the firm's residential mortgage-servicing subsidiary, in response to requests from regulators and states attorneys general.

Goldman Sachs Earnings Tumble but Top Estimates

Goldman Sachs reported sharp declines in third-quarter earnings and revenue, hurt by slower trading activity over the summer. But its profits still easily exceeded analysts' average forecast. Investment banking was particularly strong in the period.

Goldman Sachs Earnings: Expect Lower Profits

Goldman Sachs is expected to report a sharp drop in third-quarter earnings before Tuesday's opening bell, due to a decline in trading activity in a market that's been light on volume and volatility for months. Goldman is forecast to report adjusted earnings of $2.28 a share.

Cisco, Westcon to Pay $48 Million for Cheating U.S.

Cisco Systems (CSCO) and Westcon Group North America agreed to pay $48 million to settle charges they paid kickbacks and referral fees to win government business, and then recouped those costs and more by overcharging the government for their services.

GM's IPO Pricing: Too Low to Repay Taxpayers?

Reuters has divulged some details about the IPO plan. The most depressing among these is that the deal will price well below the level that would get U.S. taxpayers back the money that they have put into the No. 1 automaker.

Top Goldman Execs Make Millions on Stock Sales

Goldman Sachs disclosed to the SEC the exercise of stock options and sales of shares that totaled tens of millions of dollars. CEO Lloyd Blankfein and President Gary Cohn who gained millions from the sale.

Goldman Sachs Bans Swearing in Emails

The firm will use screening tools to detect common swear words and acronyms, joining several others, such as Morgan Stanley and JPMorgan Chase, that already have such rules about keeping email clean.

Kenneth Feinberg Tries to Shame Wall Street

A new report from pay czar Kenneth Feinberg looks at compensation practices at 17 banks that received federal bailouts, and it's not a pretty picture: The banks made an estimated $1.6 billion in "ill-advised" payments.

Morgan Stanley Earnings Preview: A Return to Profits

Morgan Stanley is expected to swing back to profitability in the second quarter when it releases results ahead of Wednesday's opening bell, but like other Wall Street giants, its revenues from trading likely swooned along with the market in spring and early summer.

What Will This Week's Earnings Signal?

After the Dow's 261-point belly flop to end last week on what were, after all, better-than-expected bank earnings, investors may be forgiven for feeling rather queasy after checking out this week's earnings calendar, which includes 120 of the S&P 500.

Dow Dives 261 Points on Bank Earnings, Sentiment

Stocks fell sharply Friday after earnings from the nation's biggest banks disappointed investors and the latest reading on consumer sentiment plunged on job fears. The financial sector sold off more than 4%.

GS No. 1 in M&A

Despite fraud charges and adverse publicity over bonus payments, Goldman Sachs has reclaimed its position as top global mergers and acquisitions advisor for the first half of 2010.

Probe Into Big Banks Widens

Federal prosecutors are looking into whether banks misled investors about their roles in mortgage-bond deals. Targeted banks include Citi, JPMorgan Chase, and UBS. At the same time, New York's Attorney General is launching a separate probe of whether some banks misled ratings agencies.