These morning train reads reads are running like a fine-tuned machine, despite the fact, that I cannot get NSFW links approved:: • Three Reasons Why Warren Buffett Never Split Berkshire’s $250,000 Stock (MoneyBeat) • The Man Who Broke Ticketmaster: The most infamous ticket scalper of all time used bots to buy millions of tickets. Show More Summary
Wall Street has been warming up to the split of old HP, with both stocks outperforming major market indices, with HPE shares beating HP Inc. by a big margin.
Comcast has some goodies for investors in its Q4 earnings announcement this morning: The No. 1 cable company has raised its stock repurchase authorization to $12 billion, raised dividends by 15%, and plans a 2-for-1 stock split, which...Show More Summary
Shares of stock in Dryships, Inc. (NASDAQ: DRYS) were trading just over $1 on Friday, down more than 70% since the beginning of the year, after the company announced an 1 for 8 reverse stock split on Thursday. You may remember shares...Show More Summary
The split market continues as the tech stocks represented by the QQQ shine brighter than other stocks. The T2108 has fallen to 64% after being above 70 all last week. The T2108 measures the percentage of NYSE stocks that closed above their 40 day simple moving averages. Below is the daily chart of the T2108,... Read more...
Shares of Xerox (XRX) were one of the best performing stocks of this first day of trading of the new year, rising $1.14, or 21%, to close at $6.89, following completion of its IT services spin-out, the awkwardly named Conduent (CNDT),...Show More Summary
Xerox Corp.’s stock is basking in its first day of trading in 2017, following the legacy firm of the same name’s split into two publicly traded companies.
Tennis superstar Boris Becker will no longer coach Novak Djokovic after their partnership of three years produced six major titles and 122 consecutive weeks for the Serb as the No. 1 player in the world. It was clear that the relationship had run its course after Djokovic 's summer swoon and difficulties to regain his most dominant form. Show More Summary
Seoul - Samsung Electronics didn’t quite come out and actually say it, but South Korea’s most valuable company is probably going to split as soon as next year. Samsung’s stock reached its highest since going public in 1975 after saying...Show More Summary
With the London Stock Exchange (LSE) welcoming the listing of the first ever Chinese Green Covered Bond today from the Bank of China, which raises $500m from international investors split between Asia and Europe, it is being touted as creating a “new and innovative asset class” for global investors. But [...]
AT&T (T) this evening said, via an emailed statement, that it will acquire Time Warner (TWX) for $107.5 per share, split evenly between cash and stock, a price 20% above Time Warner’s close on Friday of $89.48, confirming rumors that appeared to the effect on Thursday afternoon. AT&T offered several reasons for the deal, including […]
Alcoa slid 11 percent after it reported softer-than-expected results for the third quarter, its last one before it splits into two companies
Globus Maritime Limited, a dry bulk shipping company, announced that its Board of Directors has determined to effect a 1-for-4 reverse stock split of the Company's common shares. At the Company's annual general meeting of shareholders on September 8…
The timing of Facebook's split remains uncertain
Book review: “I highly recommend All I Want To Know Is Where I’m Going To Die So I’ll Never Go There: Buffett...
My easy like Sunday morning train reads: • Death of the Stock Split: It’s Value Not Price That Matters (MoneyBeat) • Pension Funds’ Liquid Gold (Bloomberg Gadfly) • Smart beta: an investment strategy that risks eating itself (FT) • Just...Show More Summary
Stocks Jump as OPEC Splits Markets; Indian Assets Drop on Attack (BBG) In U-Turn, Saudis Choose Higher Prices Over Free Oil Markets (BBG) Congress Passes Spending Bill to Keep Government Running (WSJ) Wells Fargo chief Stumpf heads to...Show More Summary
Pfizer, one of the largest drug companies in the world, traded lower after it said it will not split up into two smaller companies?
The media company said Wednesday it will split into two publicly traded companies.