Thursday May 24, 2012
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Boardroom News
Ohio court tosses $2b award, dealers claimed Ford overcharged them
May 7, 2012

The Ohio Court of Appeals has thrown out a $2 billion award for Ford commercial-truck dealers who claimed the automaker overcharged them on the grounds that Ford's evidence was improperly excluded.

Comcast to sell some of its A&E stake
May 7, 2012

Comcast plans to sell a "substantial portion" if its 16 percent stake in A&E Television Networks to joint-venture partners.

DigitalGlobe board rejects GeoEye’s $792 million bid
May 7, 2012

DigitalGlobe's board has rejected GeoEye's $792 million takeover offer on the grounds that it undervalues the company.

Treasury to Sell $5 Billion in AIG Stock
May 7, 2012

The government stake in the insurer falls to 63%.
Click to view a price quote on AIG.
Click to research the Insurance industry.

Treasury to Sell $5 Billion in AIG Stock
May 7, 2012

The government stake in the insurer falls to 63%. Click to view a price quote on AIG. Click to research the Insurance industry.

Treasury to Sell $5 Billion in AIG Stock
May 7, 2012

The government stake in the insurer falls to 63%. Click to view a price quote on AIG. Click to research the Insurance industry.

Treasury to sell AIG shares at $30.50 apiece
May 7, 2012

The Treasury Department has announced plans to sell $5 billion worth of American International Group stock, as the insurer slowly recovers from the depths of the financial crisis.

Buffett: Investors shouldn’t act on headlines
May 7, 2012

Billionaire Warren Buffett says he avoids buying into businesses like Facebook because it's too hard to estimate what they might be worth.

Stock trading remains in a slide after ’08 crisis
May 7, 2012

Stock volumes have dwindled since the financial crisis, and some fear that investors wary of stocks may have trouble generating respectable returns from the ultralow interest rates of the bond market.

Spain to present new bank clean-up measures
May 7, 2012

Spain's prime minister said Monday the government will likely present important bank clean-up measures this week to clear up doubts about the solvency of the sector — a key source of worry over whether Spain might need a financial bailout.

7 Dividend Stocks You Can’t Ignore Right Now
May 7, 2012

These companies recently increased their dividend payouts to shareholders.
Click to view a price quote on JNJ.
Click to research the Drugs industry.

7 Dividend Stocks You Can’t Ignore Right Now
May 7, 2012

These companies recently increased their dividend payouts to shareholders. Click to view a price quote on JNJ. Click to research the Drugs industry.

Nexen abandons unviable U.S. Gulf well
May 7, 2012

(Reuters) - Nexen Inc said it did not find oil or natural gas in commercial quantities at its Kakuna exploratory well in the Gulf of Mexico and was abandoning it. The company, which has operations in Canada, the Gulf of Mexico, the North Sea and offsho...

Rising Dividends Beat Stock Buybacks
May 7, 2012

The evidence shows that repurchase programs can sometimes be a colossal waste of money.
Click to view a price quote on AA.
Click to research the Metals & Mining industry.

Rising Dividends Beat Stock Buybacks
May 7, 2012

The evidence shows that repurchase programs can sometimes be a colossal waste of money. Click to view a price quote on AA. Click to research the Metals & Mining industry.

Investors fret after Greek, French elections
May 7, 2012

LONDON (Reuters) - Greek and French election results rattled investors on Monday by undermining confidence in the region's plans to cut spending and tackle its debt crisis, sending the euro to a three-month low. European shares also traded lower, with ...

Icahn sells LightSquared debt, creditors extend talks: sources
May 7, 2012

NEW YORK (Reuters) - Billionaire investor Carl Icahn has sold his $250 million debt holdings in Philip Falcone's telecom start-up LightSquared , while Falcone continues to negotiate with creditors to avoid a debt default, according to sources familiar ...

Analysis: Infosys woes prompt calls for change at top
May 7, 2012

BANGALORE/MUMBAI (Reuters) - The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer. Critics say Infosys also must shed its ...

China-U.S. summit avoids showdown on audit inspections
May 7, 2012

Treasury Secretary Timothy Geithner led a full team to Beijing for last week's economic talks, which were largely eclipsed in U.S. coverage by Chen Guangcheng's bid for freedom. As usual, the joint Sino-American declaration was long on rhetoric and sho...

Time running out for Ally Financial’s restructuring
May 7, 2012

NEW YORK/CHARLOTTE, North Carolina (Reuters) - In the fall of 2009, the board of GMAC, one of the largest U.S. auto and home-loan companies, gathered in New York to discuss whether to put its troubled mortgage unit into bankruptcy. GMAC, now called All...