It always piques my interest when a penny-stock company dramatically changes its business model, going from advertising to biotech or from career counseling to solar energy. Such situations are vulnerable to manipulation by insiders, and the ones I’ve followed generally don’t…

The company formerly known as General Motors is trading again on the stock market after a three-day trading halt, and, inexplicably, it still has a market capitalization of $355 million.

When GM’s ongoing operations emerged from bankruptcy on Friday, the shell of…

FINRA, the brokerage industry’s self-regulatory body, has finally done what someone should have done weeks ago: It has halted trading in shares of the bankrupt company once known as General Motors. According to the New York Times, the suspension occurred after…

The ESOP Association estimates that 10 million U.S. workers, about 10 percent of the private-sector work force, participate in employee stock ownership plans at 11,500 companies. Many people would look at those numbers and see upbeat, motivated employees, their incentives fully…

General Motors and Charter Communications are very different companies. According to the plans that both companies are pursuing in bankruptcy court, however, their shares will end up in the same place: worthless.

It’s hard, then, to explain the very different trading…

Bit by bit, Anheuser-Busch InBev is successfully refinancing the roughly $45 billion in debt it took on in November. The debt, of course, was needed to buy St. Louis brewer Anheuser-Busch for $52 billion.

Today, A-B InBev sold $944 million of…

There was a time when utility stocks were considered the most conservative of investments, suitable for even widows and orphans. That era is long gone, as Ameren shareholders are finding out this morning.

The stock market, reacting to Friday’s dividend cut…

The shopping malls aren’t the only places offering big discounts this month. Anheuser-Busch InBev announced this morning that it will go ahead with a shareholder rights offering, a key part of its plan for financing last week’s purchase of Anheuser-Busch.…