Marissa Mayer will make $186 million on Yahoo’s sale to Verizon

Last month, the federal government indicted four people, including two Russian intelligence officials, in that crime. Yahoo declined to comment on Ms. Mayer's compensation, apart from the information included in its legal filings. Most of Ms. Mayer's payout is based on the 208 percent increase in Yahoo's stock price since she left Google for Yahoo in 2012. Although Yahoo's core businesses of email, news and search continued to tread water under Ms. Mayer's leadership, long-held investments in Al

By | April 24th, 2017|companies|0 Comments

Reports of North Korea artillery drill as US submarine makes South Korea port call

The port call by the USS Michigan came as a U.S. aircraft carrier strike group steams for Korean waters and as the top nuclear envoys from South Korea, Japan, and the United States met in Tokyo to discuss the North's refusal to give up its nuclear program. Fears have risen in recent weeks that North Korea could soon conduct another nuclear test or long-range missile launch in defiance of United Nations sanctions. South Korea's Yonhap News Agency reported that the North appeared to have deployed

By | April 24th, 2017|companies|0 Comments

A showdown over Wells Fargo’s board of directors looms

The next group of employees who could lose their jobs are Wells Fargo's board of directors, who face re-election on Tuesday at the bank's annual shareholder meeting. More from the New York Times:At Wells Fargo, Crushing Pressure and Lax Oversight Produced a ScandalMiddle Class Contracted in U.S. Over 2 Decades, Study FindsUber's C.E.O. He has signaled that he intends to back the incumbent board, and his support could ultimately carry more weight than that of investors like pension funds, which t

By | April 24th, 2017|companies|0 Comments

The Apple Watch turned 2, but there might not be a lot to celebrate

A total of 1,339 consumers were polled by market research platform Fluent for the survey. "Customer excitement for the Apple Watch has plateaued since hitting the market in 2015. Only current owners think it's a great product, but nearly half of them don't plan on upgrading," a Fluent spokeswoman said in an email. Meanwhile, 15 percent of of iPhone users answered that they would purchase an Apple Watch while only 5 percent of Android owners said they would do the same. In comparison, 42 percent

By | April 24th, 2017|companies|0 Comments

Investors should be ‘overweight’ on emerging markets’ bonds right now, Morgan Stanley exec says

Rising global interest rates will diminish the attractiveness of bonds, but emerging markets' debt can still be a strong play for investors in the current climate, an analyst told CNBC Tuesday. Michael Kushma, chief investment officer of global fixed income at Morgan Stanley Investment Management, told CNBC's "Street Signs" that Brazil, Columbia, Indonesia and Argentina are among the attractive emerging markets. "Better global economic activity should be beneficial to emerging markets and potent

By | April 24th, 2017|companies|0 Comments

European markets open higher extending Macron rally; Swedbank, Novartis report

European bourses opened higher Tuesday morning after hitting multi-year highs on the back of the outcome of the French election. The pan-European Stoxx 600 was 0.03 percent higher with most sectors trading on positive ground. The victory of the centrist Emmanuel Macron in the first round of the French election sent French stocks to a nine-year high, which drove other European stocks higher. In the corporate world, investors will be waiting for new earnings reports from Essilor, Covestro, Whitbre

By | April 24th, 2017|companies|0 Comments

Will delistings from this major exchange outnumber its IPOs again this year?

As a result, the exits strengthened the perception that the city state is losing its appeal as a listing destination. Loh Boon Chye, chief executive of SGX, said the situation is less severe if one compares the total funds raised versus the value of companies that left. Last year, the exchange raised 13.2 billion Singapore dollars ($9.5 billion) through IPOs, reverse takeovers, secondary listings, rights issues and placements; while it lost 13.4 billion Singapore dollars ($9.6 billion) from deli

By | April 24th, 2017|companies|0 Comments

Singapore property will ‘at best’ remain stable in 2017, says DBS executive

Sentiment in the Singapore property market appears to be improving after the government eased some of its curbs on the sector, but unsold inventory will still weigh in the short-term, a DBS executive said Tuesday. They will still need some years to work through the inventory that's already out there," said Lim, who added that a sharp rebound across the board was unlikely. Singapore developer UOL Group, however, was upbeat after offloading more than half of the units under construction at its lat

By | April 24th, 2017|companies|0 Comments

Stocks could reclaim highs in French election rally, but big risks loom

For now, until we get closer to May 7, when we have the [French election] final round, the market is rejoicing." "This is the third European election where the national populist didn't win." "Markets don't like uncertainty. Financial stocks surged 2.3 percent Monday, while industrial stocks were up 1.3 percent and materials were up 1.2 percent. The euro was up more than 3 percent against the yen overnight, reversing a safe haven trade popular before the French election.

By | April 23rd, 2017|companies|0 Comments
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