Earlier this month, the Securities and Exchange Commission announced approval of rule requiring companies, starting in 2017, to reveal the difference between the chief executives' compensation and the median-compensated worker in terms of multiples.
Many in Corporate America have hated the concept since its inclusion for the first time in the Dodd-Frank financial reform law back in 2010. It includes unnecessary costs and brings logistical headache, especially for companies with large global workforces.
Glassdoor released rankings Tuesday using compensation data reported by employees. Glassdoor gave ranks to as many companies in the Standard & Poor's 500-stock index as it could by the ratio of CEO pay to the median salary survey reported to Glassdoor by employees.
As per reports, the Standard & Poor's/Case-Shiller 20-city home price index rose 5% from a year earlier, up from its May rate i.e. 4.9%. The National Price index rose 4.5 percent in June.
S&P Dow Jones Indices suggested that if the feds were quick enough to follow the initial move then housing and home prices might get suffered.
Report showed that for the fourth month, Dallas ranked No.3 nationally after Denver rose 10.2% and San Francisco 9.5% for the 12 months through June.
Now, the Case-Shiller numbers for this month are being watched very closely after the stock market's Monday plunge had some Wall Street investors eyeing the real estate market as a more stable investment.
Mumbai: Global rating agency Standard & Poor's (S&P) on Thursday lowered the long-term corporate credit rating of state-run SAIL to 'BB+' from 'BBB-' and then withdrew the rating on the company's request.
The downgrade of the Navratna PSU reflects slower-than -expected progress in leverage reduction, S&P said in a release.
Indian government's plan to restructure the debt of state-run power-distribution companies (discoms) will not help improve ratings, rating agency Standard and Poor's (S&P) said on Monday.
S&P said restructuring the debt of descoms could allow cash-strapped discoms to cover costs in the short term, but such moves are inadequate to free the industry of the persistent troubles.
International credit rating agency, Standard and Poor's (S&P) has announced its decision to revise the credit rating for Spain. The agency downgraded the country’s credit rating by two notches to BBB-plus on Thursday.
The agency said that it is downgrading the country’s agency due to expected deterioration of government finances and weakness of the Spanish banking sector. The agency downgrade comes as it expects a recession, which is already under way, to continue during 2013.
Global credit rating agency, Standard & Poor (S&P) has said that it is revising outlook for India to ‘negative’ amid macro economic developments and inability of the government to implement reforms at a fast pace.