RSS Feed

Calendar

January 2018
M T W T F S S
« Dec    
1234567
891011121314
15161718192021
22232425262728
293031  

Search

Tag Cloud

Archives

Wall Street Journal (January 9)

2018/ 01/ 10 by jd in Global News

“The S&P 500 inched higher Monday, extending this year’s run of records. Stocks have begun 2018 on an upbeat note, buoyed by investors’ optimism over the global economy and bets that central banks are unlikely to pressure markets by raising interest rates faster than expected.”

 

Fortune (January 4)

2018/ 01/ 05 by jd in Global News

“By the end of the first three working days of the year, the U.K.’s top bosses will each have earned on average as much as a typical worker will take home in all of 2018, according to a report. While the difference in compensation appears stark, it narrowed slightly compared with the previous year.” Studies show “earnings for CEOs in the U.K.’s benchmark FTSE 100 dropped by a fifth in 2016 to 4.5 million pounds ($5.4 million)” and that the CEO-to-worker pay ratio stood at around 120 to 1, much lower than the 347 to 1 of S&P 500 companies.

 

Wall Street Journal (May 17)

2017/ 05/ 19 by jd in Global News

“Activist investors, a perennial nuisance for chief executives, are becoming an existential threat. Since January, they have helped push out the leaders of three high-profile S&P 500 companies” (AIG, CSX Corp. and Arconic Inc.). Moreover, “they are gunning for the CEOs at other companies,” such as Buffalo Wild Wings Inc. and Avon Products Inc. “So far in 2017, activists have started nine campaigns targeting top management, the fastest pace on record.”

 

Institutional Investor (January 9)

2017/ 01/ 10 by jd in Global News

“Tiger-related funds are not celebrating the market’s 2016 surge.” While some “stock market investors have been whooping it up after the Standard & Poor’s 500 stock index posted an unexpectedly strong 9.5 percent gain last year,”  Tiger funds were left licking their wounds. Wrong-footed by the election of Donald Trump, many Tigers tumbled far into the red, undoing solid performance earlier in the year.

 

Bloomberg (January 4)

2016/ 01/ 05 by jd in Global News

“For the first year since 1989, foreigners sold Japanese stocks and missed a rally.” The TOPIX index gained 8.9% in dollars and 21% in euros, but overseas investors missed out on some gains by offloading more than 250 billion yen in Japanese shares last year. “The Topix capped a 9.9 percent gain in local-currency terms last year, its fourth straight annual increase. Combined with the yen’s resilience, that meant that the Topix outperformed the Standard & Poor’s 500 Index in dollars for the first time since 2008” and its “gain in euros was triple that of the Stoxx Europe 600 Index.”

 

Washington Post (December 12, 2013)

2013/ 12/ 14 by jd in Global News

Manufacturing has bounced back in the U.S. since the Great Recession, rising each year since 2010. “Profits are soaring — in 2012, after-tax profits of manufacturing firms hit a record high of $290 billion. Share values have soared with them. The Standard & Poor’s 500 Industrials Index has risen 59 percent more than the overall 500-stock index since 2009.”

 

CFO Magazine (May Issue)

2013/ 05/ 29 by jd in Global News

“In the face of extreme weather and natural disasters, companies are reengineering their supply chains for added reliability.” ATMI, Kimberly-Clark, Royal Caribbean and Ford Motor are just a few of the companies “that have elevated climate change in their enterprise risk management methodologies. Indeed, according to a September 2012 survey by the independent Carbon Disclosure Project, 83% of S&P 500 companies are integrating climate change into ERM processes.”

 

Bloomberg (May 4, 2013)

2013/ 05/ 05 by jd in Global News

“U.S. stocks rose to successive records during the week and the Standard & Poor’s 500 Index traded above 1,600 for the first time, extending a 2013 rally fueled as individuals and professionals alike increased bullish bets.” And there is reason to believe the rally may continue. “The S&P 500 is cheaper than when it reached a record in October 2007. The gauge is valued at 15.8 times earnings in the last year, compared with 17.5 at its 2007 peak and 31 when it reached a record in March 2000.”

 

Reuters (June 30)

2012/ 07/ 03 by jd in Global News

The S&P 500 closed June with a bang, despite posting the first loss in 3 quarters. “Stocks surged on Friday to close out a sour quarter on a high note as investors cheered an agreement by European leaders to stabilize the region’s banks, a pact that helped remove some of the uncertainty that has plagued markets. The broad rally was the S&P 500′s best day since December 20 and helped the benchmark index trim its quarterly loss to 3.3 percent.”

The S&P 500 closed June with a bang, despite posting the first loss in 3 quarters. “Stocks surged on Friday to close out a sour quarter on a high note as investors cheered an agreement by European leaders to stabilize the region’s banks, a pact that helped remove some of the uncertainty that has plagued markets. The broad rally was the S&P 500′s best day since December 20 and helped the benchmark index trim its quarterly loss to 3.3 percent.”

 

Financial Times (April 18)

2012/ 04/ 19 by jd in Global News

In the U.S., ‘say-on-pay’ votes were first required last year. On Tuesday, Citi’s shareholders voted down the proposed compensation package, becoming “the first big US bank to suffer majority dissent in a ‘say-on-pay’ vote and only the 12th S&P 500 company to lose such a ballot.” Citi joins a growing list of companies where shareholders rejected proposed compensation. “Last year 41 companies in the Russell 3000 – including Hewlett-Packard, Jacobs Engineering and Stanley Black & Decker – failed to receive majority support in such votes.”

In the U.S., ‘say-on-pay’ votes were first required last year. On Tuesday, Citi’s shareholders voted down the proposed compensation package, becoming “the first big US bank to suffer majority dissent in a ‘say-on-pay’ vote and only the 12th S&P 500 company to lose such a ballot.” Citi joins a growing list of companies where shareholders rejected proposed compensation. “Last year 41 companies in the Russell 3000 – including Hewlett-Packard, Jacobs Engineering and Stanley Black & Decker – failed to receive majority support in such votes.”

 

« Older Entries

[archive]