At Wells Fargo, two former executives are giving back and some of its once former employees are going back.
Wells Fargo said Monday it is clawing back $75.3 million in additional compensation from top former executives after an internal investigation of the bank’s unauthorized accounts scandal found that the ex-leaders acted too slowly to investigate allegations of “improper and....More>>>
Twenty-nine states, theDistrict of Columbia,Guam, and Puerto Riconow allow medical cannabis, with eight states plus D.C. permitting legal use of recreational weed and Canada on track to do so next year. More publicly traded marijuana stocks are now available, which presents opportunities for investors.
However, there are challenges alongside those opportunities. Here’s what you need....More>>>
In this series, we look through the most recent Dividend Channel ”DividendRank” report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider’s view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and....More>>>
The Federal Reserve raised its target of the federal-funds rate, the interest rate banks charge each other for overnight loans, by a quarter point to a range of 0.75% to 1%, and thats great news for Warren Buffetts Berkshire Hathaway (BRK.B) and its shareholders. As a bondholder, owner of insurance companies and an investor in big banks, Berkshire profits from rising interest rates in a number....More>>>
Stocks finished mixed–but little changed–this week after the Federal Reserve raised interest rates for the first time in a year.
The S&P 500 dipped 0.1% this week after declining 0.2% to 2,258.07 today, while the Dow Jones Industrial Average gained 0.4% this week–its sixth consecutive weekly gain–after dipping 8.83 points to19,843.41....More>>>
5 p.m. Update: Apple stock slipped more than 2% in after hours tradingas the Q4 AAPL earnings disappointed Wall Street despite higher-than-expected iPhone sales.
Appleearned $1.67 a share in its fiscal Q4, one penny higher than the consensus analyst forecast. Revenue was $$46.9 billion, just short of the forecast for sales of $46.94 billion. However, the Q4 Apple earnings were down 14.8%....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins