Articles

: Activist investor calls on Disney to add Nelson Peltz to board

The media giant's board would benefit from the addition of Peltz, Ancora contends, after an "extended period of absentminded governance, ineffective succession planning, polarizing actions and sustained value destruction."

: FTC probes Exxon’s $60 billion acquisition of Pioneer

Federal antitrust enforcers are investigating Exxon Mobil's planned deal to acquire Pioneer Natural Resources for $60 billion

Key Words: Amex’s stock falls as company says October trends softened

Shares of Amex were selling off Tuesday after the credit-card giant's chief executive hinted at some weakness in October, though he said trends improved in November.

Market Extra: ‘Is this a stock market, or a casino?’ New 4X leverage S&P 500 ETN met with caution

An exchange-traded product that allows investors to place massively leveraged bets on the S&P 500 launched on Tuesday, according to a news release from the sponsor, Bank of Montreal.

Market Extra: Bond market signals a swift U.S. economic slowdown isn’t off the table 

Investors and traders flocked back into the safety of U.S. government debt on Tuesday, causing long-term yields to drop in a manner that suggests rising worries about the risk of a faster-than-expected economic slowdown.

Beth Pinsker: Is giving stock to kids a good idea? There might be a better way to teach them about money. 

You might think you’re sharing lessons about the value of investing, but you need to focus on basics instead.

: Procter & Gamble sees more than $2 billion in charges for restructuring and Gillette impairment

P&G expects to book more than $2 billion in charges for a limited restructuring and an impairment relating to Gillette, which it acquired in 2005.

Earnings Results: DSW parent DBI’s stock craters as earnings are hurt by shrinking demand for footwear

Designer Brands Inc.'s stock slid 34% Tuesday, after the parent to footwear brands including DSW, Keds, Lucky Brand and Vince Camuto posted weaker-than-expected third-quarter earnings and cut its guidance.

Deep Dive: Goldman Sachs money manager digs into three themes for long-term growth

Greg Tuorto explains how smaller companies can use a narrow focus to make a lot of money for investors.

: With lower home prices and mortgage rates, 2024 will be a more ‘friendly’ housing market for buyers, Redfin says

Redfin says home prices will drop for the first time since 2012, when the housing market was recovering from the Great Recession.

Key Words: Trump ‘absolutely’ would try to stay president forever if elected next year, Liz Cheney says

Former President Donald Trump wouldn't be satisfied with just one more term in office if he wins the White House race next year, according to one of his fiercest Republican critics, former Wyoming Congresswoman Liz Cheney.

Banking: Wells Fargo to book up to nearly $1 billion in fourth-quarter severance costs

Banking giant looks to boost efficiency as it scales back its mortgage business.
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