Proxy

During a turbulent month for United States Steel Corp (NYSE:X) following its blocked merger with Nippon Steel, activist investor Ancora accelerated a proxy fight in an attempt to force the Pittsburgh, Pennsylvania-based company to abandon its plans to fight to merge. Ancora, which owns a 0.18%...

U.S. stocks ended a four day rally which saw the S&P 500 hit historical all-time highs. However, during Wednesday's trading session the ten-year Treasury yield traded as low as 2.439 percent, the lowest level seen since June 2013. Volume remained below average during Wednesday's trading...

U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...