Wal-Mart outpaced by mass-market trends

October 14, 2015

The mega-retailer’s shares fell almost 10 pct, wiping out more than $20 bln of value, after it warned pay and tech spending would hit next year’s profit unexpectedly hard. Changing shopping habits – think Amazon – and wage pressures are stronger headwinds than investors thought.

Zuckerberg and Murdoch rock air-governance shows

June 11, 2013

Facebook breezed through its first annual meeting. News Corp’s shareholders agreed to split the company. Both may have served the greater good, but when founders dominate the voting, it’s not a given. Other stock owners are, for the most part, merely along for the ride.