After going public in late 2007, Discover Financial Services barely pulled through the financial crisis. But under Nelms’s leadership, the sixth-largest U.S. credit card issuer has thrived by diversifying into other banking products and acquiring new card networks.
Under its CEO, credit reporting company Experian has grown and diversified.
Fund run by Ramius is unlikely to back off on changes it seeks at the former Internet juggernaut, judging from the fund’s activist track record at 30 other companies.
J.P. Morgan’s CEO of United States institutional asset management recommends constructing a portfolio that capitalizes on today’s market turmoil.
While a new study shows corporate CEO pay advanced nicely last year, the hedge fund crowd is an even juicier target for populist rage.
With $3.3 trillion in assets under management, the world’s largest asset manager is redefining the relationship among asset managers, Wall Street and companies seeking capital.
The unfolding scandal at Olympus is not just a problem for Japan; it has relevance for corporate governance in the U.S. and worldwide.
The last wrinkles have been ironed out, but experts say it could still be another five years before foreign companies will be able to list their shares on the Shanghai exchange.
Investors still value Facebook connection.
The proliferation of shareholder-generated proposals may lead to hodge-podge of requirements for ability to nominate board members, proxy consulting firm warns.
Powered by its recent alliance with Nokia and new Windows operating system, software giant Microsoft is poised to see its stock rise after a decade of moving sideways.
Euro’s decline in value to lowest point since January reflects poor returns and persistent fears of sovereign defaults.
John Erhardt, of actuarial firm Milliman, Inc., makes the case for allowing pension sponsors to overfund their plans without incurring a penalty.
Corporate issuance in the U.K. currency is up 46 percent this year as the pound is seen as a relative oasis in the euro desert.
Carl Icahn has taken position in three new companies lately. Each, in classic Icahn style, have become the subject of possible deals. And each has seen major share sell-offs by much more than the broader market.
The $749 billion 403(b) retirement plan market has long been seen as a Wild West of multiple vendors and weak sponsor oversight. But there’s been a tightening up of late.
Institutional investors have been bottom-feeding the broad financials, according to our analysis of the 15 stocks most overweight in their portfolios at the end of the third quarter.
New analysts who are already gaining notice in our Rising Stars of Wall Street Research.
America’s executives see opportunities in economic and political challenges.
Government revives reform efforts and sees mutual funds as a vehicle for promoting growth.