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NEW YORK (Reuters) - Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off polling information to the bank's opponents.
The Council of Institutional Investors , which represents managers of pensions, endowments, and foundations with more than $3 trillion of assets total, said in a letter to the Securities and Exchange Commission that votes at companies'
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NEW YORK (Reuters) - Stocks continued their climb into
NEW YORK (CNNMoney)
The Dow Jones industrial average , S&P 500 and Nasdaq all ended higher Friday, with the Dow and S&P 500 finishing at record levels. For the week, the S&P 500 added 2%, the Dow rose 1.5% and the Nasdaq advanced 1.7%.
Friday's gains came after a measure of consumer sentiment rose to its highest level in nearly six years. Separately, a report on leading economic indicators bounced
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NEW YORK (AP) — It was supposed to be our IPO, the people's public offering.
Facebook , the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by our friendships, photos and family ties.
Then came the IPO, and it flopped. Facebook's stock finished its first day of trading just 23
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By Simon Falush and Timothy Gardner
LONDON/WASHINGTON (Reuters) - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.
Dutch trading house Argos Energies , a mid-sized trading company that deals in physical oil products and owns storage facilities, was visited by inspectors from the European Commission on
...By Joe Sutton , CNN
updated 2:07 PM EDT, Fri May 17, 2013
(CNN) -- A federal judge on Friday ordered a preliminary injunction blocking an Arkansas law that would ban abortions after 12 weeks of pregnancy, a court official told CNN on Friday.
The official spoke to CNN on condition of anonymity, citing department policy.
U.S. District Judge Susan Webber Wright in Little Rock, Arkansas, ordered the injunction amid a challenge by the American
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