Why Stock Buybacks Are a Warning Sign for Smart Investors

Last year saw a surge in stock repurchases — companies like ExxonMobil, Walmart and Microsoft bought back shares at record levels. Buybacks can be seen as a cash giveaway to investors, and they boost earnings per share. But th…

This May Be the Best Way to Put CEO Pay in Perspective

To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household — $49,777. His 2008 take of $543 million is the equivalent of the annual earnings…