NEW YORK—The U.S. Securities and Exchange Commission on Friday added Alibaba Group Holding to a list of Chinese companies at risk of being delisted from the U.S. exchanges if their auditors can’t be i...
Tag: Environmental/Social/Governance
FedEx stock enjoys biggest one-day gain in 36 years after raising dividend more than 50% in agreement with activist investor
FedEx Corp. stock soared 14.4% Tuesday for the biggest one-day gain in about 36 years, after the company raised its quarterly dividend by 53% as part of a new agreement with activist investor D.E. Sha...
Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resources Over Several Years
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Carl Icahn Dropping Proxy Fight Over Pig Treatment at Kroger
Carl Icahn is dropping a proxy fight focused on the treatment of pregnant pigs at grocery-chain Kroger Co. after concluding he is likely to lose as he did a similar fight at McDonald’s Corp. last mont...
The ESG Fight in the Government’s Thrift Savings Plan
The government’s Thrift Savings Plan has a new feature that allows investors to choose ESG funds. It’s controversial. Illustration by Ana Yael for Studio Pi Text size The Thrift Savings Plan may be th...
SEC Video Sends a Warning About Meme Stocks. Reddit Traders Aren’t Happy.
Text size Gary Gensler, chairman of the U.S. Securities and Exchange Commission Al Drago/Bloomberg A Securities and Exchange Commission’s campaign geared toward educating the public about responsible ...
SEC Sends a Warning About Meme Stocks. Reddit Traders Aren’t Happy.
Text size Gary Gensler, chairman of the U.S. Securities and Exchange Commission Al Drago/Bloomberg A Securities and Exchange Commission’s campaign geared toward educating the public about responsible ...
Opinion: The SEC has taken the first step toward undermining 401(k) plan fiduciaries
The Securities and Exchange Commission has decided to allow Amazon.com Inc.’s AMZN, -6.96% shareholders to vote on a proposal requiring the company to prepare a report assessing the extent to which th...
Opinion: Dump Buffett as Berkshire’s chairman? That’s exactly what’s wrong with so many shareholder proposals this year
This coming weekend, Warren Buffett hosts his famed annual meeting of Berkshire Hathaway BRK.A, -1.66% BRK.B, -1.87% shareholders in Omaha, Neb. The event is expected to draw tens of thousands live an...
Plug Power’s Walmart Deal Is a Step in the Right Direction, Analyst Says
Text size Plug Power stock has gained about 4% the last 12 months. Courtesy Plug Power Plug Power’s recent deal with Walmart is solid validation for investors that the company’s green hydrogen investm...
Sustainable Investing Failed Its First Big Test. A Reckoning Is Coming.
The past few years have seen an explosion of interest in investing based on environmental, social, and governance factors, or ESG. Lured by the promise of doing well by doing good, investors poured bi...
Elon Musk Is Suddenly Twitter’s Largest Shareholder: Here’s a List of the Top 10 Holders
In 2021, billionaire CEO Elon Musk reached several milestones across Tesla, SpaceX and Starlink. WSJ reporters Rebecca Elliott and Micah Maidenberg break down some of his biggest moments in 2021 and w...
Tobacco Stocks Are Cheap. But the Selloff in Imperial Brands Was Overdone.
Dreamstime Text size Tobacco stocks are cheap, and Imperial Brands is just about the cheapest. The British cigarette maker (ticker: IMB.UK) trades around 6.8 times projected 2022 earnings, significant...
Soft landing? Activist investor Carl Icahn sees ‘recession or even worse’ ahead for the U.S.
“I really don’t know if they can engineer a soft landing.” That was activist investor Carl Icahn, pouring cold water on recent comments by Federal Reserve Chairman Jerome Powell who said that despite ...
Carl Icahn Exits Occidental Petroleum After Nearly Three Years
Carl Icahn exited a big bet on Occidental Petroleum Corp. , selling the last of what was once a roughly 10% stake in the oil-and-gas producer as its shares surge. Mr. Icahn, who had been cutting the p...
Family Dollar Recalls Contaminated Products After FDA Investigation
Text size A balloon floating above the aisles at a Family Dollar store. Photograph by Daniel Acker/Bloomberg The U.S. Food and Drug Administration issued a public warning on Friday regarding potential...
10 Real Estate Companies That Are Both Greener and More Profitable
ESG properties like the Hyatt Regency Maui Resort and Spa don’t get enough attention from green investors. Jeff Zaruba/Hyatt Text size The real-estate industry contributes 30% of global greenhou...
Opinion: Inheritance, estate planning and charitable giving: 4 strategies to reduce taxes now
Working in the Washington, D.C., area, no matter who’s in the White House, I’m often thrust into conversations about tax policy. My clients tend to be more aware of various political issues and they’r...
Biden Wants to Nix a Trump-Era Retirement Plan Rule. So Does Wall Street.
The Labor Department’s plan to reverse a Trump-era rule and allow retirement accounts to incorporate values-themed investing strategies enjoys overwhelming public support, according to a new study of ...
Oil Producers Have Surged. Here Are 5 Stocks to Drill Into.
The new darling of Wall Street isn’t into robocars, crypto mining, or the metaverse. It’s an Oklahoma City oil driller with a favorable position in West Texas shale. Devon Energy stock has returned 18...
This ‘cash cow’ value-stock strategy can fatten your portfolio even if you fear the Fed
Value stocks have been outperforming growth stocks over the past six months, in part, because a change in Federal Reserve policy is signaling an extended period of rising interest rates. Within the va...
It’s China vs. Walmart, Latest Western Brand Entangled in Human Rights Dispute
A New Year’s Eve salvo from Beijing accusing Walmart Inc. WMT 1.06% of “stupidity and shortsightedness” has driven home a stark challenge for Western businesses in one of their most promising markets:...
Cruise stocks don’t look at all like they’ve bottomed yet, analyst says
There’s still no compelling reason to believe that shares of cruise operators have bottomed, as a “trifecta of worries” still remain, said Deutsche Bank analyst Chris Woronka. Woronka reiterated the h...