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News & Updates

July 21, 2014 Wal-Mart Execs Naturally Dominate List of Executive Compensation

Source: Arkansas Business

Top executives at the world’s largest company continue to dominate Arkansas Business’ annual list of public company executive compensation, starting with the new CEO, Doug McMillon. McMillon, who succeeded Mike Duke as CEO at...

July 21, 2014 Another View: Divesting means losing a seat at the table

TheSacramento Bee - CalPERS was a founding member of the îInvestor Network on Climate Riskî, a leading group of 100 institutional investors representing more than $10 trillion in assets, addressing a policy agenda...

July 18, 2014 Microsoft Job Cuts Prompt Finnish Demands as Recession Hurts

Source: Bloomberg

Finland said Microsoft Corp. (MSFT:US) has an obligation to ensure that workers in the Nordic country affected by its mass job cuts are offered adequate support to prevent further shocks to its labor market. The U.S....

July 18, 2014 Morgan Stanley Profit Soars By 46% in the Second Quarter

Source: The Motley Fool

Resulting from gains in all three of its main businesses, Morgan Stanley (NYSE: MS ) announced today its net income from its core operations rose by 46% over the second quarter of last year to stand at $1.3 billion

July 18, 2014 BitRegulation! NY plans new rules for virtual currencies

Source: CNBC

The State of New York is weighing a raft of new rules to regulate bitcoin and other virtual currencies, the state's financial regulators announced on Thursday, proposing to issue a "BitLicense" that would protect consumers,...

July 18, 2014 FedEx Indicted for Shipping Drugs for Online Pharmacies

Source: Bloomberg

FedEx Corp. (FDX:US) was accused in a federal indictment of delivering prescription pain pills, sedatives, anti-anxiety drugs and other controlled substances for illegal Internet pharmacies.

July 17, 2014 Apple and IBM: A winning combo for IT

Source: Computerworld

It will be some time before the dust settles after the unexpected partnership announced on Tuesday between Apple and IBM, but one thing is clear: This will change the dynamic of the enterprise mobility market in significant ways....

July 17, 2014 Bloody day for boards as shareholders revolt

The Independent - îPensions & Investment Research Consultantsî (Pirc), the advisory group which examines companyâs pay awards, said the water utility's new pay policies were âconsidered to be...

July 17, 2014 Hungry U.S. Power Plant Turns to Russia for Coal Shipment

Source: Bloomberg

When New Hampshire’s largest utility needed to rebuild coal supplies after the past frigid winter, it turned to Russia rather than Appalachia in the U.S. Northeast or Wyoming’s Powder River Basin

July 17, 2014 Bank of America Takes a Hit With Litigation Costs

Source: The Ledger.com

Bank of America said Wednesday that its second-quarter earnings were hit by higher litigation expenses. The Charlotte, N.C.-based bank earned $2 billion in the second quarter after payments to preferred shareholders, compared...

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