The Chesapeake Energy stock price climbed 3% to $7 today after the energy producer announced it will slash its workforce by 15% amid falling natural gas and crude oil prices.
However, shares remain down more than 65% year to date.
By Diane Alter, Contributing Writer, Money Morning -
The Chesapeake Energy stock price climbed 3% to $7 today after the energy producer announced it will slash its workforce by 15% amid falling natural gas and crude oil prices.
However, shares remain down more than 65% year to date.
Here's why the Chesapeake Energy stock price could fall even further from here...
By Diane Alter, Contributing Writer, Money Morning -
The Chesapeake Energy stock price climbed 3% to $7 today after the energy producer announced it will slash its workforce by 15% amid falling natural gas and crude oil prices.
However, shares remain down more than 65% year to date.
Here's why the Chesapeake Energy stock price could fall even further from here...
By Guest Admin, Money Morning -
90 years is the amount of prison time looming over each of three former ICAP employees. The men face charges of conspiracy to commit wire fraud and commission of wire fraud stemming from their attempt to manipulate the LIBOR rate. LIBOR is used to price $800 trillionworth of financial instruments, from loans to derivatives. ICAP itself must pay fines of $65 million to U.S. authorities and 14 million British pounds to U.K. authorities.
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By kdowdle, Money Morning -
Among others, Mark Zuckerberg of Facebook Inc. (Nasdaq: FB), Brian Dunn of Best Buy Co. Inc. (NYSE: BBY) and Andrew Mason of Groupon Inc. (Nasdaq: GRPN) all had a rough year.
Money Morning's experts picked through the list of disappointing names and came up with the five worst CEOs of 2012.
Here are the finalists, along with our experts' reasons why these weak performers should be given the axe in 2013:
Bernanke is the CEO of the biggest private institution on the planet, the Fed.
Despite overwhelming evidence that the theories and methods he is using have not worked, are not working and have never worked since the dawn of recorded history, he continues to plow ahead with more of the same failed monetary and fiscal policy that got us into this mess.
In the process, he risks unspeakable damage to the United States and to the global financial system while only kicking the proverbial can down the road.
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By Kerri Shannon, Associate Editor, Money Morning -
By Kerri Shannon, Associate Editor, Money Morning -