Wells Fargo discloses an agreement in principle of a shareholder-derivative lawsuit under which its insurers will pay $240 million - to the company. In an embarrassing way, it's a minor win for shareholders after more than $4.5 billion of elevated costs stemming from a series of scandals.
Stephen Schwarzman's Blackstone Group posted a fourth-quarter net loss of $79.7 million, as investment revenue tumbled.
UNP stock is speeding up the track on Tuesday.
Asian markets have been spooked by the fall of these mighty executives.
Stephen Schwarzman's Blackstone Group has just one woman on an 11-person board, putting Blackstone in percentage terms near the bottom of the Standard & Poor's 500.
A decade ago, amid an economic boom in "emerging markets" like Brazil, Russia, India and China, the Teacher Retirement System of Texas decided to plow nearly 10% of all savings into stocks from the countries. Now, the teachers are reeling from the mistake, with subpar returns and outsize risks that could have been easily avoided had the fund just stuck with large U.S. stocks.
Hester Peirce, a Republican member of the U.S. Securities and Exchange Commission, criticized a bill passed by the heavily Democratic California Legislature requiring public companies based in the state to have at least one woman on their boards by 2019.
Institutional Shareholder Services, the big advisory firm, is considering a new policy of recommending "no" votes against certain directors on companies without a single woman on their boards.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.