Online editor for the Wall Street Journal's Money & Investing section. Cargo-short thought leader.

Putting Wells Fargo’s ‘Historic’ Clawback in Context

blogs.wsj.com — Co.'s board took an extraordinary step Tuesday in clawing back a big chunk of the compensation it had awarded to its longtime chief executive, . The bank's board said Mr. Stumpf agreed to forgo all unvested equity awarded to him, worth $41 million; not take a bonus during 2016; take no salary during an [...]

Martin Shkreli Wants You to Slap the Smirk Off His Face (For a Price)

blogs.wsj.com — Martin Shkreli seems like he's embracing a stone, cold fact: A lot of people want to hit him in the face. The so-called "Pharma Bro" said on Twitter Tuesday night that he is raffling off an opportunity for someone to get one free shot at him.

Stocks to Watch: WCI, AutoZone, Rite Aid, Scholastic

blogs.wsj.com — Among the companies with shares expected to trade actively in Thursday's session are , and Aid Corp.. will buy WCI Communities Inc. for $23.50 per share in a move that combines two of the largest homebuilders in Florida as the housing recovery continues. WCI Communities shares rose 36.83% to $23.48 in premarket trading.

See Markets React to the Fed in 7 Charts

blogs.wsj.com — Stock market reaction to the Federal Reserve was swift, but it was far from decisive. Stocks hit session highs in the wake of the news that Fed officials have elected to leave short-term interest rates unchanged, but have since retreated. About 25 minutes after the widely expected announcement, the benchmark S&P 500 was up 0.2% [...]

Wells Fargo Sits Out Bank Rally After Downgrade

blogs.wsj.com — DOW JONES, A NEWS CORP COMPANY News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Wells Fargo has has suffered a 'material reputational hit,' an analyst warns Beleaguered & Co. shares aren't joining the rally in bank stocks Wednesday.

Buffett’s Bad Week on Wells Fargo Offset (Slightly) By Good Week on Apple

blogs.wsj.com — Famed investor Warren Buffett just finished a tough week. His Berkshire Hathaway is the biggest investor by far in Wells Fargo & Co., and the stock ended the week down more than 6%. But there was a bright spot, too. Another Berkshire holding, Apple, finished up 11%.

Apple Shares Sometimes Get a Hangover Once the iPhone Launch Party Ends

blogs.wsj.com — Shares of Apple Inc. have been on a tear over the past few days, as investors have reacted to signs of strong demand for the iPhone 7. But history shows the stock's momentum doesn't always continue once a new version of the company's flagship product is on the shelves.

Deals of the Day: Renesas Nabs Intersil, Anadarko Expands Offshore

blogs.wsj.com — Deals of the Day is your one-stop-shop for the morning's biggest merger news. We've also got a peek at the latest IPOs, the loudest activist investors and the newest private equity transactions. Here's what's happening today: Mergers & Acquisitions Renesas nabs Intersil. Japanese chip maker Renesas Electronics Corp.

Deals of the Day: Athene Taps Underwriters, Orange Eyes Iran

blogs.wsj.com — Deals of the Day is your one-stop-shop for the morning's biggest merger news. We've also got a peek at the latest IPOs, the loudest activist investors and the newest private equity transactions. Here's what's happening today: Mergers & Acquisitions Orange eyes Iran.

Deals of the Day: Deutsche Bank and Commerzbank Mulled Merger

blogs.wsj.com — Deals of the Day is your one-stop-shop for the morning's biggest merger news. We've also got a peek at the latest IPOs, the loudest activist investors and the newest private equity transactions. Here's what's happening today: Mergers & Acquisitions Deutsche Bank, Commerzbank talked merger.
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Sep 28, 2016

"I realize there are plenty of people who wouldn’t mind taking a poke at me," Martin Shkreli told me.  http://on.wsj.com/2cBlzBj 

Sep 28, 2016

@valuewalk Not clear to me whether Shkreli or eBay pulled it. Neither the dead link for the listing nor Shkreli's tweets were clear on that.

Sep 28, 2016

Much-maligned "pharma bro" .@MartinShkreli wants someone to slap that smirk right off his face (for a price)  http://on.wsj.com/2cBlzBj 

Sep 27, 2016

RT @EmilyGlazerWSJ: Wells Fargo's board actively considering exec clawbacks, likely for fmr retail banking head Tolstedt & CEO Stumpf: http…

Sep 26, 2016

@pcordway Long Island is connected to the continent of Brooklyn and Queens.


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