Sell in May advisers urge cautious approach this year
May trading myths clash with prudent plans as markets show May to October weakness but experts warn against full cash outs. Analysts cite history of lower returns May through October versus November through April while recommending balanced shifts into bonds and low volatility sectors rather than abandoning stocks.
MENTIONED IN THIS ARTICLE
Wall Street
Anthony Valeri
LPL Financial
Broad Standard & Poor
S&p 500
Paul Hickey
Bespoke
BankRate.com
Hickey
Sam Stovall
U.S. Equity
S&p Global Market Intelligence
Mayer to Leave Yahoo With 55 Million Severance This Year
Regulatory filings show Marissa Mayer, Yahoo CEO, entitled to a 54.9 million severance package if terminated without cause or upon a change of control such as a company sale. The total includes 3 million cash, 26 thousand health benefits, 15 thousand outplacement, and about 52 million in accelerated stock/options. Mayer previously collected 36 million in 2015.
MENTIONED IN THIS ARTICLE
YAHOO
Marissa Mayer
Mayer
Low paid CEOs among S&P 1500. some earned near nothing
A USA TODAY analysis of S&P Global Market Intelligence data finds nine current S P 1500 CEOs with fiscal 2015 compensation valued at 50 000 or less, including Kosta Kardon? of Fossil John Mackey of Whole Foods and Larry Page of Alphabet. Some earned one dollar or nothing, while median CEO pay across reported firms was 5.4 million.
MENTIONED IN THIS ARTICLE
Standard & Poor
Kosta Kartsotis
Fossil
FOSL
John Mackey
Whole Foods Market
WFM
Larry Page
Alphabet
GOOGL
USA Today
S&p
Brian Connelly
McWane
Whole Foods’ Mackey
Lawrence Page
Page
Connelly
Fossil Group
David Liniger
Whole Foods
James Truchard
National Instruments
Clarence Werner
Werner Enterprises
Jayson Adair
Copart
Strauss Zelnick
Take-Two Interactive
Richard Hayne
Urban Outfitters
Low paid CEOs signal commitment to investors amid rocky results
Professor Kimberly Connelly notes that when a CEO accepts a low salary it can send a meaningful signal to investors about long term dedication to the company and employees. Fossil’s Kartsotis and RE MAX’s Liniger paid nothing in 2015 highlight the trend, even as stock and profits faltered.
MENTIONED IN THIS ARTICLE
Auburn University
Connelly
Fossil
Kartsotis
David Liniger
RE/MAX
RMAX
Also Mentioned on This Page
George Petras
Moneyline
China
China Federation of Logistics and Purchasing
IEA
International Energy Agency
Faiih Bird
Reuters
Dow Jones
Marketwatch.com
Harry Page
Mes Cuchard
Bob LaCie
Matt Krantz
Mattkrantz
Kimberly White
Getty Images
Fortune
Siniger
Truchard
PR Newswire
Zelnick
Rachel Murray
USA
Adecco
Jae YA
Hrke