Dimon May Leave JPMorgan If Stripped of Chairmanship
JPMorgan Chase Chairman and CEO Jamie Dimon said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote to split his duties.
shareholders
Berkshire Hathaway's Future Weighs on Investors' Minds
Berkshire Hathaway investors have two key questions for CEO Warren Buffett and vice chairman Charlie Munger -- but whether the answers are forthcoming remains to be seen.
News of George Soros Investment Lifts J.C. Penney Shares
Shares of beleaguered retailer J.C. Penney rose more than 6% in aftermarket trading on Thursday after billionaire financier George Soros disclosed a 7.9% stake in the company.
GM Boosts CEO Pay 44%; Gov't Still Owns 16.4% Stake
General Motors boosted Chairman and CEO Dan Akerson's pay package by 44 percent last year, as the value of his stock awards significantly increased.
Google Pays Founders $1; Four Other Execs Get $124M
Google CEO Larry Page and his longtime partner Sergey Brin limited their salaries to $1 apiece last year, while four other executives received pay of more than $124 million.
Few Steps Remain in American Airlines, US Airways Merger
Following bankruptcy court approval, the merger of American Airlines and US Airways faces just a few more hurdles, including approval from the U.S. Justice Department.
BofA Accused of Hiding Merrill Lynch Bad News Before Buyout
Top executives at Bank of America did not tell shareholders just prior to a 2008 vote on its purchase of Merrill Lynch that its losses were mounting, papers filed in shareholder litigation show. But the bank says it should not be liable to shareholders in the matter.
AOL Sells 800 Patents to Microsoft for $1.06 Billion
AOL said Monday that it would sell 800 patents and their related applications to Microsoft and grant it a license for its remaining patents for a total about $1.06 billion in cash. AOL plans to return some of the proceeds to its shareholders.
How to Get Warren Buffett- Style Shareholder Perks
For investors who open a brokerage account and buy stocks, there's more to be had than just the promise of better investment returns. Some of America's best-known firms also offer perks to their shareholders -- and not just big-money shareholders, either.
Will Yang's Yahoo Departure Appease Angry Investors?
Yahoo's embattled co-founder Jerry Yang is off the board, but for disgruntled investor Third Point LLC, that's not good enough. The hedge fund with a 5.2% stake in Yahoo wants to take down Chairman Roy Bostock and potentially three other directors.
Are CEOs Worth the High Salaries and Big Bonuses?
CEO bonuses rose 30.5% in the past year, but are the heads of large U.S. firms really earning their hefty compensation packages by creating increased profits and shareholder value? A closer look reveals wide disparities: There are some Bargain CEOs, but also some Hogs and Value Destroyers.
Why Jobs's Absence May Not Keep Apple Shares Down Long
Twice before, the iconic CEO had to leave the company in others' hands, and if that history is any guide, Apple investors may see the stock price do well once again in his absence -- providing they can handle the pain of the drop long enough to enjoy the recovery.
How to Turn Volatility Into Profit in 2011
As 2010 draws to a close, it looks like 2011 is likely to be another wild year for the stock market. Fear not: Here are some tips from T. Rowe Price portfolio managers on how careful investors can take advantage of drops and rebounds in the coming year.
Jury Rejects Bank's 'Meltdown Defense' in Fraud Case
In a case with wider implications for the financial industry, jurors in a class-action securities fraud suit found that BankAtlantic Bankcorp was liable to shareholders for about $42 million for making false statements about the bank's real estate portfolio and net income.
'Trading Realities': A Sensible Look at Todays Chaotic Investment Landscape
In his new book, Trading Realities, tech-executive-turned-personal-investor Jeff Augen offers a refreshingly realistic account of how markets function in a sensible look at the forces that shape today's chaotic investment landscape.