Four men accused of insider trading split profits of almost £1 million ($1.4 million) from a series of trades on Legal and General stock as the financial crisis took hold in 2009, prosecutors told a London court. Mark Ellison, a lawyer...Show More Summary
He’s had plenty of time to take stock of his life since leaving One Direction, and Zayn Malik hasn’t wasted much time since splitting from ex-fiancee Perrie Edwards. In his cover story for Billboard, the “What Makes You Beautiful” hunk explained his philosophy on romance- “I need a challenge. Show More Summary
Ferrari has officially split off from former parent company Fiat Chrysler, with most of its shares distributed to FCA's shareholders, some staying in the family, and the rest being traded on stock markets in New York and Milan. Continue...Show More Summary
With the college basketball season almost equally split among two years, the switch from 2015 to 2016 creates a natural opportunity to take stock and see what changes are necessary for the stretch run. It helps that this also comes right...Show More Summary
Scorpio Bulkers Inc. informed yesterday that its board of directors has determined to effect a one-for-twelve reverse stock split of the Company's common shares, par value $0.
The Year Nothing Worked: Stocks, Bonds, Cash Go Nowhere (BBG) Oil falls toward $37, near 11-year low, as excess supply weighs (Reuters) End of easy money for mini-refiners splitting U.S. shale? (Reuters) Shale's Running Out of Survival...Show More Summary
"Great" earnings (ex-FX of course) and an "appealing to a broader retail audience" stock split? Recipe for awesomeness, right? Wrong! Nike is now down almost 10% from its post-earnings peak... Just Don't It!
Hilton Worldwide saw its stock soar after the Wall Street Journal's Liz Hoffman reported the company is nearing a split of the brand from its real estate assets, which will be transferred into a separate trust. The company's stock rose...Show More Summary
By Chuck Mikolajczak NEW YORK (Reuters) - The U.S. stock market has more than tripled in value since its March 2009 lows but stock splits, a tool favored by company management in prior boom times, have yet to make a comeback. Stock splits are a way for management teams to tempt retail investors to buy a "hot" stock at a lower price. Show More Summary
Good news came in threes for Nike shareholders Thursday afternoon: the sportswear giant announced not just that it is hiking its dividend by 14%, but that its board has also approved a $12 billion share repurchase program and a two-for-one stock split.
Nike is shoveling a bunch of money back to shareholders. In an announcement on Thursday after the market close Nike announced it would repurchase $12 billion worth of stock, raise its dividend, and execute a 2-for-1 stock split. Following...Show More Summary
eBay‘s stock rose after it delivered better-than-expected Q3 2015 results. There were several concerns around eBay's future following its split with PayPal; however, the strong results, w first since the split, are encouraging. The company's management has taken several initiatives to accelerate eBay's growth. Show More Summary
By Michael Flaherty and Svea Herbst-Bayliss (Reuters) - Large investors holding stock in Valeant Pharmaceuticals International Inc are split over whether to support the embattled drug company's chief executive or to advocate for new leadership, as the company struggles to recover from a stock plunge sparked by allegations of faulty accounting. Show More Summary
A newly exposed shareholder letter is shining a new light on the $10B blood-test company's 2014 stock split. A newly uncovered shareholder letter indicates that Elizabeth Holmes, CEO of troubled blood-testing firm Theranos, has been trying to wrest control of the company from stockholders since at least late 2013. Show More Summary
Etsy (ETSY) is lower Wednesday, continuing after hours weakness on its mixed third-quarter earnings report. Analysts are starting to weigh in on the stock. It got one vote of confidence from Brean Capital’s Tom Forte, who reiterated a Buy rating but lowered his price target by $3, to $20: In our view, Etsy reported good […]
A tale of two HPs: HP Inc. (HPQ) is trading up Tuesday, a day after its spinoff of Hewlett Packard Enterprise (HPE), which is trading lower. More analysts are weighing in on the stocks today. Bernstein’s Toni Sacconaghi Jr. weighed in on both names, initiating HP Inc. at Outperform and Hewlett Packard Enterprise at Market Perform. He has a […]
HP Inc. (HPQ) is trading up nearly 13% Monday, following the spinoff of Hewlett Packard Enterprise (HPE). Analysts were largely upbeat about HP Inc. after the split. Credit Suisse’s Kulbinder Garcha initiated coverage of the stock with a Buy rating and $19 price target: We believe that HP Inc. has a solid franchise and a […]
After nearly 58 years under the same stock symbol, the […]
Meg Whitman, the chairman, president and CEO of Hewlett-Packard, is interviewed on the floor of the New York Stock Exchange Thursday, Aug. 21, 2014. (AP Photo/Richard Drew) It's official - Hewlett Packard, the icon Silicon Valley computer maker, splits in to two companies today. Each of them will be a Fortune [...]
It has been a while since Icahn, who is still looking for a $200+ print on AAPL stock courtesy of corporate buybacks, issued a "no brainer" investment alert. He did that moments ago, when he revealed a "large position" in AIG, whom he...Show More Summary