Investors may not have any voting rights with their new Class C shares, but they're sure to make a lot of money. On top of touting its amazing quarterly results yesterday, Facebook announced a clever three-for-one share split that prevents...Show More Summary
Facebook reported its earnings for Q1 2016 today, and showed impressive growth with almost all revenue coming from mobile ads. Founder and CEO Mark Zuckerberg is also proposing a stock split that will see him remain in control of the company. Show More Summary
Let the games begin. Alcoa turns in Q1 results after the bell today to mark the official onset to earnings season—that four-times-a-year period when investors get to look under the hood and kick the tires of their stock holdings. By most analyst forecasts, the expectations for profit gains cumulatively among [...]
It looks as if Under Armour shares were down nearly 50% in early trading Friday. But there's a catch. The company's shares have essentially been split as of Friday after the company issued extra "Class C" stock to all existing shareholders that held its Class A and Class B shares. Show More Summary
In 1996, Paul explored the rivalry between Apple and Microsoft. Today, on Apple’s 40th birthday, we share it with you again. Twenty years ago, Apple was rotting. Its stock price hovered around $1 per share (adjusted for stock split and dividends). Show More Summary
Peter Liguori’s compensation package was unusually high in 2014 as the Tribune Media board rewarded him with stock options and incentives for his work in splitting his company from newspaper publishing — and began to benchmark his pay...Show More Summary
The bank’s stock price is being held back by capital rules, Keefe Bruyette & Woods contends in a new report.
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