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News & Updates

June 25, 2015 Report: IRS gave $18M to firms with tax debts

Source: USA Today

The IRS awarded $18.8 million in contracts to 17 corporations that owed back taxes in fiscal years 2012 and 2013, despite a ban on the agreements, according to a government report issued Wednesday.

June 25, 2015 Lack of Greek deal weighs on European stocks

Source: Reuters

Persistent concerns of Greece leaving the euro weighed on European stocks on Thursday, with the lack of progress in negotiations on a cash-for-reform deal for Athens pushing investors towards safe-haven German Bunds.

June 25, 2015 Toshiba may add more outside directors after accounting irregularities

Source: Reuters

Toshiba Corp may appoint more outside board members to improve oversight of its accounts which it is now investigating after finding irregularities, its CEO said on Thursday

June 24, 2015 Dodd-Frank’s Next Act: Executive Pay

Source: CFO

Nearly five years after the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law, the Securities and Exchange Commission has entered the final stretch of the rulemaking required of it under the...

June 24, 2015 The middle class is struggling to make the rent

Source: CNN Money

One in five renter households making $45,000-$75,000 a year are considered "cost-burdened," meaning they spend more than 30% of their income on rent, according to Harvard's State of the Nation's Housing 2015 report.

June 24, 2015 New York City's real estate boom translates to colossal compensation for property moguls.

Crain's New York Business - îFitch Ratingsî forecast in a report last month that more money could flow into real estate in 2015 than at any time since the fin de siècle years of 2006 and 2007. With the sun...

June 24, 2015 European Stocks Slide as Tsipras Says Greek Proposals Rejected

Economia e Finanza con Bloomberg - The îStoxxî Europe 600 Index fell 0.5 percent to 396.73 at 10:58 a.m. in London. Greeceâs ASE Index snapped a four-day winning streak, falling 3.4 percent, for the biggest...

June 24, 2015 Public Pension Funds Leading Shareholder-Proposal Activism

Source: Valuwalk

Pension funds are getting in on the activism action with a record number of shareholder proposals already this year. However, that may not be a good thing. A new report indicates that in the past, shareholder-proposal activist...

June 24, 2015 GLOBAL MARKETS-Europe stocks edge up as Greece keeps investors on edge

Source: Reuters

LONDON - European shares edged higher on Wednesday as investors anxiously awaited fresh talks aimed at averting a Greek default, while the dollar held on to most of the previous day's gains on prospects of higher U.S. interest...

June 24, 2015 Dollar Rises Against Euro as Clearer Pictures of Greece, Fed Policy Emerge

Source: Wall Street Journal

The euro posted its biggest daily percentage decline against the dollar in three months as a resolution to the latest installment of Greece’s debt crisis appeared at hand and as a Federal Reserve official bolstered confidence in...

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