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Great News For Ford Shareholders

2015-12-08 19:51:01| Auto Dealers - Topix.net

If you're a Ford long and you're looking for some good news, look no further. The automaker continues to head in the right direction moving into the end of 2015 and getting ready to start the new year.

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Non-GAAP Earnings Boost Executive Pay At The Expense Of Shareholders

2015-12-04 16:43:59| Appliances - Topix.net

Non-GAAP earnings are getting out of hand. In 2014, 19% of all U.S. IPOs used non-GAAP earnings to appear profitable when under GAAP earnings they were not.

Tags: pay executive expense earnings

 
 

Fiat Chrysler shareholders approve Ferrari spinoff

2015-12-03 21:34:49| Automakers - Topix.net

Fiat Chrysler Automobiles investors today approved the spinoff of its supercar unit Ferrari -- part of CEO Sergio Marchionne's plan to raise cash and reduce debt at the group. Shareholders voted about 98 percent in favor of the separation, in which Fiat Chrysler will distribute the remaining 80 percent stake in Ferrari to its own investors starting early next year.

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Fiat Chrysler shareholders approve de-merger of Ferrari from group

2015-12-03 14:20:03| Automakers - Topix.net

FCA sold 10 percent of Ferrari in an initial public offering in October and will distribute its remaining 80 percent in the maker of supercars such as the 1 million-euro LaFerrari to FCA shareholders once the unit is spun off at the start of January.

Tags: group approve ferrari chrysler

 

CP Rail getting positive response from Norfolk shareholders, shippers, says CEO

2015-12-02 22:09:24| Railroads - Topix.net

Canadian Pacific Railway is still awaiting a response from Norfolk Southern to its US$28-billion merger proposal, but the Canadian company's CEO says it is getting positive feedback from shareholders and shippers. "Most of the shareholders I've talked to think its a powerful combo," Hunter Harrison told the Credit Suisse Industrials conference webcast from Florida.

Tags: positive response says ceo

 

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