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Shareholders of Goldman Sachs Group Inc. (GS) are getting conflicting advice over how to vote on the firm's executive pay plans and a director nominee at next week's shareholder meeting.Proxy advisory service Glass Lewis & Co. has told shareholders to vote against Goldman's executive pay, citing a "disconnect" between pay and performance. Meanwhile, rival Institutional Shareholder Services has told investors to vote for the proposal, known as a "say on pay" measure.Such votes on pay plans don't require a company to make changes, but large votes against them are seen as a strong rebuke to management, as was the case last year at Citigroup's (C) annual meeting when shareholders voted against a plan that awarded millions of dollars in pay to top management.Glass Lewis gave Goldman a "D" grade for pay for performance in a report released Monday. The bank's annual shareholder meeting is scheduled to be held in Salt Lake City on May 23. The advisory service said Goldman paid its top executiv...
FOX Business: Capitalism Lives HereAfter a volatile trading session, the broad markets capped the day in the red as uncertainty about Cyprus overshadowed a round of ...
Battered by the financial crisis, homebuilders in the United States are adopting a targeted approach to growth as the cyclical housing market swings upward again.Sma...
KB Home founder Eli Broad on the outlook for housing and its impact on the economy’s recovery.
Despite a sell-off among the nation's biggest homebuilders this week, a decline in builder sentiment last month shouldn't derail the broader housing market recovery....
FOX Business: Capitalism Lives Here Wall Street was poised to climb in its first trading day of the week as traders responded to a considerably stronger-than-expecte...
FOX Business: Capitalism Lives Here The markets rose on Tuesday as traders responded to a round of strong economic data from Germany. However, health insurers strugg...
Coming off a year in which it was one of the top-performing ETFs of any stripe, the iShares Dow Jones U.S. Home Construction Index Fund (NYSE:ITB) has kept the good ...
The U.S. stock market added to recent gains on Wednesday on the back of strong earnings from two technology titans. A number of other companies also reported better ...
KB Home (KBH) said its new-home orders have jumped so far in the fiscal first quarter, and is launching a series of initiatives, including a stock offering, intended...
RBC Capital Markets Analyst Robert Wetenhall on the outlook for the housing market.
FOX Business: Capitalism Lives HereThe markets were little changed Thursday as traders awaited the resumption of talks aimed at averting the fiscal cliff that now lo...
The U.S. economy grew faster than previously thought in the third quarter, helped by exports and government spending, but a sluggish global demand and belt-tightenin...
Proxy-advisory service Glass Lewis & Co. has advised shareholders of Goldman Sachs Group Inc. (GS) to vote against the firm's executive pay, citing a "disconnect" be...
Nationstar Mortgage Holdings Inc.'s (NSM) first-quarter profit rose 25% as the residential mortgage loan servicer reported a surge in fee income and gains on mortgag...
U.S. stocks fell Thursday, with Cyprus still an issue for investors and technology shares hit, a day after software company Oracle Corp. reported declining sales.The...
Buoyed by the recovering housing market, home builder KB Home (NYSE:KBH) posted a smaller-than-expected first-quarter loss and 59% revenue growth on Thursday as aver...
Fueled by a rise in home sales and stronger prices, Lennar (NYSE:LEN) became the latest major U.S. homebuilder on Wednesday to top quarterly Wall Street expectations...
FOX Business: Capitalism Lives HereU.S. stock-index futures edged higher Tuesday as traders shook off worries about Cyprus and responded to better-than-expected hous...
FOX Business: Capitalism Lives HereA round of better-than-expected data on the U.S. housing market, coupled with easing worries about the situation in Cyprus, helped...