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Pfizer Commences $5b Accelerated Share Repurchase
Article By: The Fly
Wednesday, March 9, 2016 9:56 AM EDT
Pfizer has entered into an accelerated share repurchase agreement with Goldman Sachs to repurchase $5B of Pfizer's common stock. This agreement is part of Pfizer's existing share repurchase authorization.
In this article: PFE
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Apple Vs. FBI: How To Sound Smart About Encryption
Article By: Shelly Palmer
Sunday, March 6, 2016 1:56 PM EDT
Encryption is the process of using algorithms to encode information with the specific goal of preventing unauthorized parties from accessing it. For digital communication, there are two popular methods of encryption: symmetric key and public key.
In this article: AAPL
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As Exxon Slashes 2016 CapEx Forecast By 25%, US Faces Big Hit To GDP
Article By: Tyler Durden
Wednesday, March 2, 2016 10:13 AM EDT
ExxonMobil anticipates capital spending of $23 billion in 2016, down 25 percent from 2015. The company continues to selectively advance its investment portfolio, building upon attractive longer-term opportunities.
In this article: XOM
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Sports Authority Files For Bankruptcy, Will Close One Third Of Its Stores
Article By: Tyler Durden
Wednesday, March 2, 2016 9:46 AM EDT
Following weeks of fertile speculation, Colorado-based Sports Authority, whose name graces the home stadium to the Super Bowl champion Denver Broncos, put all doubts to rest when it filed Chapter 11 in Delaware bankruptcy court.
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Valeant Restatement Looks 'Largely Contained,' Says JPMorgan
Article By: The Fly
Tuesday, February 23, 2016 11:05 AM EDT
Correcting the misstatements is expected to reduce reported 2014 GAAP earnings per share by approximately 10c and increase 2015 GAAP EPS by approximately 9c, it stated.
In this article: VRX
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Anadarko Slashes Dividend By Over 80%
Article By: Tyler Durden
Wednesday, February 10, 2016 3:36 AM EDT
Just days after ConocoPhilips became the first major to slash its dividend, Anadarco followed suit and announced, just one week after it reported earnings that, it too would virtually halt distribution to shareholders.
In this article: ADC Also: COP
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The Pre-Cognitive Anti-Trust Violation: How The Decimation Of The IPO Market Has Hurt The Economy And Worse
Article By: Mark Cuban
Thursday, February 4, 2016 9:18 PM EDT
The amount of destruction in the IPO and public markets and its impact on this country are what can only be described as horrific
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ConocoPhillips Slashes Dividend, Warns Of "Lower Prices For Longer"; Weatherford Fires 15% Of All Workers
Article By: Tyler Durden
Thursday, February 4, 2016 9:50 AM EDT
The commentary from CEO Ryan Lance was dire: "While we don’t know how far commodity prices will fall, or the duration of the downturn, we believe it’s prudent to plan for lower prices for a longer period of time."
In this article: COP, WFTLF
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Yahoo Posts Mixed Q4 Earnings, Offers New Rhetoric
Article By: Mark Vickery
Wednesday, February 3, 2016 3:08 AM EDT
Internet major Yahoo Inc.reported Q4 earnings after the bell yesterday. Results look to have come in a bit better than expected, but despite that, Yahoo will be laying off 15 % of its workforce in 5 cities.
In this article: YHOO Also: BABA
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Exxon Halts Stock Buybacks As Oil Production Surges
Article By: Tyler Durden
Tuesday, February 2, 2016 10:27 AM EDT
It may not be quite as dramatic as halting a dividend for already profusely sweating investors, but when it comes to the impact on the stock price, buybacks traditionally pack far more punch.
In this article: XOM Also: BNO, AAPL, DBO, META, GOOGL
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It’s Time For Twitter To Make A Deal… And Fast
Article By: Paradigm Press
Sunday, January 31, 2016 4:34 AM EDT
The only logical reason for four executives to bail at the same time is if even worse user growth – possibly even negative growth – is coming when Twitter reports its fourth-quarter results on February 10.
In this article: YHOO
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Morgan Stanley CEO's Pay Falls 7 Percent In 2015 To $21 Million
Article By: TalkMarkets DailyTalk
Monday, January 25, 2016 9:53 AM EDT
Gorman's pay puts him below Goldman Sachs Group Inc. CEO Lloyd Blankfein, who is set to take home $23 million in compensation for 2015, and JPMorgan Chase & Co CEO Jamie Dimon, who will be paid $27 million.
In this article: MS Also: GS, JPM
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Mannkind Creates License Agreement And Collaboration With Receptor Life Sciences
Article By: Terry Chrisomalis
Saturday, January 23, 2016 12:39 PM EDT
This collaboration deals with the ability for both companies to generate inhaled therapeutic products that target a variety of diseases. Such diseases being targeted are: neurological diseases, inflammatory disorders, and chronic pain.
In this article: MNKD
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Wells Fargo Is Bad, But Citi Is Worse
Article By: Tyler Durden
Monday, January 18, 2016 8:09 AM EDT
Wells Fargo was honest enough to reveal its energy-related loan loss estimate: it was $1.2 billion, or 7% of total - but at least Wells disclosed it, Citi did not.
In this article: C, WFC
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Class Action Investor Lawsuit Raises Facebook IPO Valuation Issues
Article By: Karl Sjogren
Friday, January 8, 2016 7:24 PM EDT
Investor lawsuits over Facebook's IPO valuation are now a class action. IPO valuation risk will rise as the JOBS Act reforms take hold. It should be mitigated with better valuation data and valuation elastic deal structures, not lawsuits.
In this article: META Also: BABA, GRPN
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Why Twitter (TWTR) Is Down Big Today
Article By: Zacks Investment Research
Monday, December 21, 2015 7:19 PM EDT
Is CEO Jack Dorsey spreading himself too thin?
In this article: SQ Also: DIS, AAPL, TSLA
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