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Equifax CEO Will Get A 7-Digit Golden Parachute
Wednesday, September 27, 2017 - 9:10am | 376What happens to the CEO of a major corporation that suffered what could prove to be the most extreme data breach in history? In the case of Equifax Inc. (NYSE: EFX) CEO Richard Smith, then he will leave the company with a $7.6 million bonus, Gadfly's Stephen Gandel reported. Equifax confirmed...
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Why Stock Buybacks At High Valuation Lead To Regret
Friday, May 5, 2017 - 8:40am | 442The world's most notable investor Warren Buffett is no fan of share buybacks. The "Oracle of Omaha" consistently argues companies that buy back their own stock aren't generating shareholder value, rather, they are destroying it over the long term at the expense of appeasing shareholders in the near...