Ceo pay ratio disclosure

London (CNN Business) Europe can't make up its mind on how to pay for Russia natural gas imports that continue to fuel homes, businesses and power stations. The confusion centers on the logistics of the payments themselves. Several European gas buyers have been preparing to work around the Kremlin's demand that gas bills be paid in rubles, rather than the euros or dollars stipulated in contracts. According to Russia's new payment mechanism, buyers in "unfriendly" countries must open two accounts at Gazprombank — one in euros and the second in rubles, from which payments for the gas would be made. But on Tuesday, the European Commission said companies opening an account in Russia's Gazprombank to allow their payments to be converted into rubles would fall foul of EU sanctions. That statement appeared to contradict guidance the Commission gave just four days earlier, which led some of Europe's biggest energy companies to assume they could get … [Read more...] about Europe is still confused about how to pay its Russian gas bills

After a year and a half of retirement, I am going back to full-time work. After retiring as CEO of RBC Wealth Management, I have been offered one of the most exciting opportunities of my 35-year career in financial services: to become Vice Chairman of Robert W. Baird & Co., an international wealth management, capital markets, asset management, and private equity firm. I can't think of a better fit. Yet this isn't the outcome I expected when I mapped out a transition plan for navigating from a 35-year career in financial services into quasi-retirement. My plan was to put together a portfolio of activities that would sustain me through the rest of my professional life. I was selected to join the Board of the Columbia Threadneedle Funds as an independent director. I became a Senior Advisor to Deloitte & Touche, LLP. I was slated to join a high-profile public company board in January. In short, I achieved what I set out to do. But I wasn't fulfilled. I … [Read more...] about After a 1.5 Years of Retirement, This Former RBC Wealth CEO Is Taking a New Job

Share to Twitter Share to Linkedin I first made Skechers USA SKX a Long Idea in April 2016 and closed the position in March 2018 to lock in its 5% outperformance of the S&P 500. Shortly thereafter, I made the stock a Long Idea again in May 2018. Since then, the stock is up 29% compared to a 53% gain for the S&P 500. The stock still presents excellent risk/reward and could be worth $70+/share today – a 79%+ upside. Skechers’ Stock Has Strong Upside Based on: the company’s large physical store footprint consistent market share gains large scale advantages the company enjoys as the third largest global footwear brand ability to reach its niche market with comfort and value current valuation of the stock implies profits will permanently fall 20% below current levels. Figure 1: Long Idea Performance: From Date of Publication Through 5/2/2022 What’s Working Stores Drive Growth: Skechers operates a wholesale business … [Read more...] about Disciplined Growth Makes Skechers USA A Quality Holding

Share to Twitter Share to Linkedin Every market selloff presents opportunities. The iShares Emerging Markets ETF EEM is down -17% year-to-date. Even though Emerging Markets are notoriously volatile, this region is attractive due to its outsized growth potential. According to Lazard Asset Management , Emerging Market (EM) economies are responsible for about 60% of global growth, yet only represent about 13% of the MSCI All Country World Index ACWI . This gap won’t disappear overnight, but it bodes well for EM’s long-term investment prospects. EM has faster economic growth due to relatively attractive demographics and ongoing urbanization. If you’re a long-term investor, adding emerging markets exposure may also prove timely. Below is a chart of the MSCI Emerging Markets Index compared to the S&P 500 Index, expressed as a ratio. When the line is rising, it means Emerging Markets are outperforming US stocks. When the line is falling, it … [Read more...] about 3 Emerging Markets Stocks That Are Secular Winners On Sale

Share to Twitter Share to Linkedin Technical analysis has become a go-to strategy for many traders to build strategies and gauge market strategy. It is a broad subject, but at its core technical analysis relies on the use of charting tools and indicators to gauge market momentum and trends. This information can then be used to identify buy and sell signals, as well as getting an early sense of when market sentiment is starting to shift. However, technical analysis is not without is criticisms, especially when it comes to crypto. Indicators can be wrong, or send off conflicting signals. Additionally, crypto’s relatively short lifespan, especially beyond Bitcoin and Ethereum, provide little historical data to test strategies and assumptions. Additionally, concerns surrounding wash trading and market manipulation, although know unique to crypto, can be problematic. One of the industry leaders in providing crypto-specific technical analysis is Katie … [Read more...] about How Technical Traders Apply Their Expertise To Crypto Markets

New York (CNN Business) How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple answer is: You don't. Elon Musk has once again proven he'll do things his own way, announcing Friday that his $44 billion deal to buy Twitter is on hold . He shared this news in a tweet rather than in a formal filing with the Securities and Exchange Commission. The drama over the deal has continued to play out in a series of tweets between Musk and the company. Because the SEC ruled back in 2013 that using Twitter and other social media platforms are an acceptable way for public companies to disclose material information, this might be one of the legal ways he's flouted convention. But many other moves by Musk over the years have broken actual rules, not just skirted norms, yet none of it has slowed him down or changed his behavior. The financial penalties that regulators or business partners might put … [Read more...] about Elon Musk proves once again that the rules don’t apply to him

Share to Twitter Share to Linkedin Here’s a scorecard on eight ways to own crypto. The most intriguing: a low-cost coin trust available at a nice discount. Are you interested in virtual currency, now trading at half the price it had last fall? Shop around. Among the many ways to get a piece of the action, there are wide differences in ownership costs. My favorite: a somewhat obscure bitcoin trust to be found in Fairfield, Connecticut. There are pros and cons to every means of getting cryptocurrency exposure, including the little outfit in Fairfield. This survey covers eight bitcoin bets in descending order of my views on their desirability. You may have a different ranking, especially if you are speculating on a quick turnaround. #1. Osprey Bitcoin Trust This quasi-fund (ticker: OBTC), created a little over a year ago, is a knockoff of the much better-known Grayscale Bitcoin Trust. Both trusts are closed-end, in that investors have no right … [Read more...] about How To Buy Bitcoin At 26% Off The Regular Price

SoftBank CEO Masayoshi Son Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Japan’s SoftBank Group , which has been a prolific tech investor in India and across the world, will be cutting its investments to a fourth in 2022 from a year earlier as valuations of high-growth technology firms have plummeted globally. “In the latest quarter from December to March, compared to the previous quarters, we have made it (investments) smaller. (Our investments had) peaked in Q1 (first quarter) when we made investments of about 2 trillion yen. But in Q4 (fourth quarter) you see a huge decline compared to Q1,” said CEO Masayoshi Son, addressing the press after the Japanese conglomerate declared its earnings earlier in the day. ALSO READ: SoftBank posts $13 billion loss for FY22 as tech shares plunge across the globe “Compared to … [Read more...] about SoftBank will cut investments to a fourth in 2022 as tech shares plunge globally

Share to Twitter Share to Linkedin Every legendary investor worth their salt has some sort of phrase to describe what investors should be doing right this very minute. “Be fearful when others are greedy, be greedy when others are fearful.” “Buy when there’s blood in the streets.” Largely speaking, most stocks on the market are on sale to some extent. And sure, we could go out and make a few targeted bets on these bargains. But I’d prefer to squeeze even more value out of the stock market. Enter closed-end funds (CEFs). Why CEFs Are Our Best Option Now If we were to go out and buy an exchange-traded fund (ETF) that invests in, say, the Nasdaq Composite or Russell 2000, or really any area of the market you felt was underpriced, you’d be able to enjoy in the collective discounts of all their holdings. No more, no less. But with CEFs , we can do even better. My mom, to this day, refuses to pay the sticker price. If there’s a … [Read more...] about This 9.2% Monthly Dividend Portfolio Is In The Bargain Bin

Chang Hyun-guk, CEO of game publisher Wemade, explains the company's reasons for offloading its Wemix cryptocurrency during a YouTube livestream on Thursday. [SCREEN CAPTURE] Wemade said that it will find ways to compensate investors in its Wemix cryptocurrency after the coin lost almost 70 percent of its value. The company had been selling Wemix coins to finance investments. In a YouTube livestream on Thursday, CEO Chang Hyun-guk said that Wemade had sold small amounts of the coin over a long period of time for investment purposes. Wemade is best known for the Mir4 online game. It also operates the Wemix blockchain platform, which hosts a cryptocurrency of the same name. Wemix token holders argue that Wemade has offloaded about 50 million coins, worth at least 160 billion won ($134.7 million). The price of a Wemix token peaked at 29,490 won on Nov. 22, traded at 12,070 won on Dec. 31 and were changing hands at 9,000 won as of Thursday 4:30 p.m. During a YouTube … [Read more...] about Wemix crypto collapse yields vague offer of compensation