By Luc Olinga “Confronted with a sluggish global economy, US companies have settled on a controversial tool that rewards shareholders and executives: share buybacks. First permitted by the US Securities and Exchange Commission in 1982, the use of share buybacks…
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Village of Brokaw lends its name to hedge fund bill
By Nora G. Hertel “The village of Brokaw could become the namesake of a federal policy seeking to curb the influence of outside investors who profit off struggling businesses. The Brokaw Act is inspired by and named after the village, which has…
Five stock poised to benefit from buybacks
By Steve Smith “Seven years into the bull market and there is only one main buyer that’s still driving up stock prices. We know individual investors still bear the scars of the financial crisis, and despite witnessing the major indices…
Five stock poised to benefit from buybacks
By Steve Smith “Seven years into the bull market and there is only one main buyer that’s still driving up stock prices. We know individual investors still bear the scars of the financial crisis, and despite witnessing the major indices…
High valuations on pharma stocks and high drug prices not justified
By Kevin Wilson “Wall Street has long had a love affair with biotechnology and pharma stocks, and their prices have soared in recent years. Profit growth has been tremendous in some cases, but not always because of good returns on…
Hillary’s Wall Street-friendly economic plan costs her Michigan
By Les Leopold “Billed as a major populist economic address, Hillary Clinton put forth her jobs program in Michigan. Wall Street is smiling. Team Hillary is crying.”… [Click HERE to read the full article]
Election 2016: Hillary Clinton Says Her Vote For Wall Street Bailout Shows Her Support For Auto Workers
By David Sirota and Andrew Perez “After taxpayer cash and pension cuts helped stabilize the company, hedge funds that had obtained equity in the company at a reduced price hit the jackpot when the firm went public.”… [Please click HERE to…
theAIRnet shows UN panel buybacks’ damage to innovation in pharma
Drug companies’ perennial claim that high prices are key to funding innovation is exposed as a smokescreen for disproportionate payouts to shareholders and executives in “Life Sciences? How ‘Maximizing Shareholder Value’ Increases Drug Prices, Restricts Access, and Stifles Innovation,” the…
Election 2016: Hillary Clinton says her vote for Wall Street bailout shows her support for auto workers
By David Sirota and Andrew Perez “In her attempt to win Tuesday’s presidential primary in Michigan, Hillary Clinton has pioneered an innovative new message amid rising anti-Wall Street sentiment: At debates and in a campaign ad, she is portraying her vote to…
Now even private-equity firms are buying back their own shares
By Ciara Linnane and Tomi Kilgore “Carlyle Group LP reported a loss for the fourth quarter Wednesday, and became the third private-equity firm in recent months to unveil plans to buy back its own shares. Carlyle said it will buy back up…
