JPMorgan says Wal-Mart's new CEO is trying to shift the retailer's growth strategy to offset fears that the company's revenue has plateaued and that comparable store sales may be falling.
Wal-Marts recently-appointed chief executive Doug McMillon indicated on Wednesday the companys board of directors has given him a broad mandate to either shake up the retailers senior management structure.
Jamie Dimon's revelation that he has a curable form of throat cancer should cause JPMorgan to split its chairman and CEO roles, according to Richard X. Bove.
Anthony Noto, the ex-Goldman Sachs GS investment banker who led Twitters initial public offering, is now joining the micro-blogging site as its chief financial officer.
The 2014 FIFA World Cup in Brazil may help Twitter show improved user growth, retention and monetization.
Devon Energy's transformation into a pure-play onshore oil and gas driller is complete with the company's $2.3 billion sale of non-core assets to Linn Energy.
Hedge fund Maglan Capital has recently taken a stake in SFX Entertainment in recent weeks.
Wisconsin-based machinery firms have drawn the interest of activist investors, but it isn't entirely clear whether hedge funds will have their way in the 'badger state.'
As Alibaba moves forward with an initial public offering, the company said on Thursday it will list its shares on the New York Stock Exchange under ticker BABA.
CIT Group could buy a bank with about $10 billion in assets, as the commercial lender looks to diversify its deposit base to include more retail deposits.