Sometimes, increase in revenues simply is not enough to inspire investor confidence. Papa John’s Pizza is the latest company to prove the truth of this, as the company’s stocks plummeted 8% yesterday after the release of its disappointing 4Q earnings report.
As investors and analysts await to see if the Federal Reserve Board will raise interest rates next month, the U.S. dollar has been maintaining a good position against most major currencies.
For many, Wells Fargo has always meant to represent a “different” kind of bank.
In a very unusual move, Citigroup has adopted a very radical idea of paying its chief executive a salary that is determined by his performance.