Windstream is taking another step in realigning its company structure, announcing that it has been advised by proxy advisory firm Glass Lewis & Co. to vote for a 1-for-6 reverse stock split and an amendment to a Windstream subsidiary's charter to allow conversion of the subsidiary to a limited liability company (LLC).
As if they did not already have their tentacles in everything else already, TBTF, and depositor-insured hedge fund Goldman Sachs is about to become the most heavily-weighted component of the Dow Jones "Industrial" Average. Following Visa's moments ago announced 4:1 stock split, Goldman will now represent just shy of 7.00% of the DJIA. Show More Summary
As many of my long-time readers know, I generally like to have my portfolio holdings equally split among three types of dividend stocks: High-Yield Opportunities, Fast Dividend Growers and Steady
Yahoo is splitting its remaining Alibaba shares into a separate company called SpinCo. The move will help Yahoo avoid the tax pitfalls of the investment. The news came Tuesday as Yahoo reported its fourth…
Which Steve is OK with, just as long as you don’t use the “V” word. Elan Corp. Plc and Wyeth LLC investors who traded the shares in 2008 during a week when SAC Capital Advisors LP was dumping and then shorting the stock based on insider...Show More Summary
Rock-Tenn and MeadWestvaco shareholders will split their combined company evenly, with a balanced board. Investors are already inking in $300 mln of annual cuts, pushing both stocks up. Mergers that look equal, though, can still provoke business and cultural upheaval.
Gannett has yet to complete the split of the company in two, spinning off publishing from television and video, but the prospect already has a famous corporate shark nibbling. Carl Icahn, who controls 6.6 percent of Gannett stock asked...Show More Summary
SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd is considering a stock split, a senior company executive said on Tuesday. Robert Yi, Samsung's head of investor relations, told reports at an event in Seoul that the...Show More Summary
By Kathrin Jones and Thomas Atkins FRANKFURT (Reuters) - Deutsche Bank is considering splitting off its retail division and listing it on the stock exchange should German lawmakers approve measures forcing banks to isolate risky trading activities, a person with knowledge of the discussions said. Show More Summary
Some dividend investors worry about Windstream's generous payouts crumbling under a reverse stock split. Here's why that's the wrong detail to worry about.
Since Apple started selling the iPhone, things have been pretty great for the company. The stock is at $112 today. When Apple announced the phone in 2007, the stock was at $12 (adjusted for stock splits). Apple's revenue was $183 billion in fiscal 2014. Show More Summary
Even die-hard Apple owners probably have a few devices around the house that charge over Micro USB, and this cord can charge them all. Great stocking stuffer. [ Skiva MFi-Certified Dual Micro USB/Lightning Cable, $10] Read more...
Shares of Adobe (ADBE) were jumping Friday, following the firm’s better-than-expected fourth quarter, reported after the bell last night. Analysts are weighing in on the stock, and although they were largely split between Neutral and Buy ratings, Adobe did garner a few price target increases following the results, even from some of the more cautious firms. [...]
By Simon Jessop and Nishant Kumar LONDON (Reuters) - A halving of Tesco's share price is luring only the boldest active fund managers back into Britain's top supermarket group, with many still unpersuaded it can recover from a year of disasters. Show More Summary
AAPL shares sure have experienced a crazy roller coaster ride this year. Splitting 7-to-1 earlier in 2014, a fantastic run of product launches and announcements since then has driven Apple stock higher and higher. Earlier this month we noted that Apple was now worth … Read more ›
Apple’s stock today closed at a record high of $118.62 per share (post 7-1 split) with a market cap of nearly $700 billion at $695.7 billion. Earlier this month, Apple reached its highest market capitalization in history reaching two-thirds of $1 trillion; the company’s stock has continued to climb as it prepares to debut the Apple Watch […]
There is a lot of attractive news on HPQ at the current time. Not only news on its upcoming split but also news about its entry into the 3D printing space.