| May 26, 2014
| 1:57 PM
Memorial Day is in the rear-view mirror, but here's one more thing to remember:
American chief executives make too darn much money.
I'm not saying that you shouldn't reward a person for a job well done. But many CEOs now pull down so much more than...
| Apr 17, 2014
| 2:00 PM
Webster Financial Corp. of Waterbury on Thursday reported stronger first-quarter earnings than a year ago, beating analysts' expectations.
Net income was $47.78 million for the quarter, or 53 cents per diluted common share, compared with $39.23 million,...
| May 1, 2014
| 4:37 AM
Chicago-based CME Group Inc., the world's largest futures market operator, said Thursday first-quarter earnings increased 13 percent, meeting Wall Street expectations, on a jump in trading volume.
Net profit rose to $266.8 million, or 79 cents a share,...
| Apr 21, 2014
| 6:08 AM
Hillshire Brands Co. and TreeHouse Foods Inc. each announced an acquisition on Monday, the latest signals that companies want to cater to diners interested in better-for-you and convenient foods.
Both companies have been using acquisitions to grow and...
| May 1, 2014
| 3:19 PM
Legg Mason Inc. reported that clients added more than $8 billion in cash to accounts at the Baltimore money manager during its recently finished fiscal year, breaking a six-year streak of client cash flowing the wrong way — out.
Legg's net income...
| May 4, 2014
| 10:42 AM
Central Florida's largest high-tech players — Lockheed Martin Corp. and Harris Corp. — have a big chunk of their revenue prospects hitched to the often controversial, sometimes uneven flight path of the F-35 Joint Strike Fighter.
| May 5, 2014
| 3:20 PM
Target Corp's decision to oust Gregg Steinhafel as chairman and chief executive some five months after a massive data breach has triggered concerns the No. 3 U.S. retailer might have even more bad news for investors.
The board of directors removed...
| May 8, 2014
| 6:02 AM
Mortgage finance giants Fannie Mae and Freddie Mac will pay the federal government $10.2 billion more in dividends for their 2008 rescue after both firms reported first-quarter profits Thursday.
With the payments, the companies will have sent $213.1...
| Apr 23, 2014
| 10:40 AM
Boosted by strong sales in its first financial quarter, Boeing Co. beat analysts’ estimates largely due to an increased production rate of commercial jetliners.
The Chicago aerospace giant reported a profit of $965 million, or $1.28 a share. That&...
| May 12, 2014
| 2:30 AM
Kiplinger's Personal Finance
Knowing when to cut ties to a stock can be tough, especially in a bull market. One common piece of advice is to sell when the reason you invested in a company is no longer valid. Beyond that, the sell decision depends, in...
| May 12, 2014
| 7:51 PM
Botox maker Allergan Inc. rejected a $46-billion takeover offer from a Canadian rival, setting the stage for what analysts said may become a long and nasty fight for control of the Irvine company and its prized collection of eye and skin medications....