06/30/2016
The board also approved the repurchase of up to an additional approximately $560 million of common stock during a portion of the period covered by the repurchase plan, contingent upon the company issuing $750 million of preferred stock.
06/29/2016
The awards’ criteria include investment returns, risk management, investment discipline and selection, portfolio management, performance track record, stability of investment team, investor relations and back-office infrastructure.
06/29/2016
The change, which allows Alaska to cut the layer of fees paid to funds of funds for making investments, comes as such funds produce lackluster returns.
06/28/2016
Elliott Bouillion, president and chief executive of RES, said the company, which currently has operations in 10 U.S. states, plans to expand across the country.