CEO’s ties to board at issue

Source: Arkansas Online

LITTLE ROCK Chesapeake Energy Corp.’s decision to cut directors’ pay and other perks will save the company up to $1.65 million a year, without addressing investors’ concerns that the board failed to rein in Chief ...
Full article at: Arkansas Online  More like this  7 hours ago

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Facebook: A week of IPOs, lawsuits and plummeting shares

Source: Middle East North Africa Financial Network

(MENAFN - ProactiveInvestors - Australia) From North America: Since it announced its record-setting IPO and market debut just one week ago, Facebook (NASDAQ:FB) heads into Memorial Day weekend with its shar ...
Full article at: Middle East North Africa Financial Network  More like this  12 hours ago

SEC Staff Ends Probe of Lehman Without Finding Fraud

Source: Mortgage Lender Implode-o-meter

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. without recommending enforcement action against the firm or its former executives, according to an ...
Full article at: Mortgage Lender Implode-o-meter  More like this  17 hours ago, 5:01pm CDT

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Axis Could be a Welcome Boost for Yahoo

Source: PC World

With its new search/browser app Axis, Yahoo is trying to change the search game, while also trying to change its image as a troubled company. Late in the day Wednesday, Yahoo launched Axis, which it's calling a "search browser." Axis is a ...
Full article at: PC World  More like this  17 hours ago, 4:27pm CDT

Facebook IPO opened eyes of investors

Source: Minneapolis Star Tribune

Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works -- and that could spell trouble for the financial ...
Full article at: Minneapolis Star Tribune  More like this  18 hours ago, 4:18pm CDT

Crowd funding lobbyists get in on ground floor

Source: San Francisco Chronicle

Startups looking to take advantage of a new law allowing them to sell their stock online to the public can't count that seed money just yet. The U.S. Securities and Exchange Commission, which will oversee what's expect ...
Full article at: San Francisco Chronicle  More like this  18 hours ago, 4:02pm CDT

Apple chief passes on US$75 mil. stock payout

Source: China Post

SAN FRANCISCO -- Apple Chief Executive Tim Cook has opted not to take US$75 million in dividend payout on restricted shares of stock he owns in the maker of iPhones, iPads, iPods and Macintosh computers. Assuming Apple pays quarterly divid ...
Full article at: China Post  More like this  20 hours ago, 2:04pm CDT

JPM's Proposed Physical Copper ETF Runs Into Opposition

Source: Seeking Alpha

A year or two back, physical metal ETFs were all the buzz. Talk was they were the vanguard for retail investor access to the commodities markets, providing low-cost entry into speculating on the metals markets and even opening the poss ...
Full article at: Seeking Alpha  More like this  21 hours ago, 12:32pm CDT

Icahn takes Chesapeake stake, calls for board changes

Source: Gulfnews

Chicago: Billionaire investor Carl Icahn bought a 7.56 per cent stake in Chesapeake Energy Corp and demanded new directors amid growing shareholder concern about management of the second-largest US natural-gas producer. Four of Chesapeake's nine ...
Full article at: Gulfnews  More like this  22 hours ago, 11:22am CDT