(Reuters) – Comcast Corp is speaking to investment banks about obtaining bridge financing for an all-cash bid to displace Walt Disney Co on its $52 billion deal to acquire most of Twenty-First Century Fox Inc’s assets, three people familiar with the matter said on Monday.
Today I will examine Cisco Systems Inc’s (NASDAQ:CSCO) latest earnings update (27 January 2018) and compare these figures against its performance over the past couple of years, in addition toRead More… …read more […]
Oracle Corporation (NYSE:ORCL) is trading with a trailing P/E of 51.9x, which is higher than the industry average of 36.4x. While this makes ORCL appear like a stock to avoidRead More… …read more […]
Snapchat parent company Snap is appointing an ex-Amazon exec as its new CEO. Tim Stone is replacing Andrew Vollero, who was in the job for just over two years. Snapchat’s parent company Snap Inc. is getting a new CFO. …read more […]
(Reuters) – Xerox Corp has lost its bid for a quick appeal of a decision to block its deal with Fujifilm Holdings , according to a court filing on Monday, handing a victory to activist investors Carl Icahn and Darwin Deason in the months-long saga.
BOSTON (Reuters) – Activist investing firm ValueAct Capital Partners invested $1.2 billion in Citigroup Inc and roughly $1 billion in SLM Corp’s student lender Sallie Mae, according to a letter seen by Reuters on Monday.
If you are interested in cashing in on Honeywell International Inc’s (NYSE:HON) upcoming dividend of $0.75 per share, you only have 9 days left to buy the shares before itsRead More… …read more […]
(Reuters) – Activist investor ValueAct Capital Partners LP has built a roughly $1.2 billion stake in Citigroup Inc, the Wall Street Journal reported on Monday.
Thomson Reuters (NYSE: TRI) is a $29 billion company today. Investors that bought shares one year ago are sitting on a -6.15% total return. That’s below the S&P 500’s return of 13.35%.
Thomson Reuters stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.
Our system looks at six key metrics…
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✓ Earnings-per-Share (EPS) Growth: Thomson Reuters reported a recent EPS growth rate of 131.43%. That’s …read more […]
WASHINGTON (Reuters) – The U.S. Department of Defense resumed accepting F-35 jet deliveries from Lockheed Martin Corp last week after reaching an agreement on covering the costs to fix a production error, the Pentagon told Reuters on Monday.
The U.S. Department of Defense resumed accepting F-35 jet deliveries from Lockheed Martin Corp (LMT.N) last week after reaching an agreement on covering the costs to fix a production error, the Pentagon told Reuters on Monday. The Pentagon had stopped accepting the jets on March 29, the Pentagon’s F-35 Joint Program office told Reuters in a statement. The military, U.S. allies that own F-35s and Lockheed Martin are making the necessary repairs to all aircraft, the Pentagon’s office in charge of the fighter program said in the statement. …read more […]
WASHINGTON (Reuters) – Senators Amy Klobuchar, Elizabeth Warren and other Democratic lawmakers expressed “serious concerns” on Monday about T-Mobile US, Inc’s plan to buy rival Sprint Corp , focusing on the planned deal’s effect on lower-cost wireless plans, Klobuchar’s office said in a press statement.
LONDON (Reuters) – U.S. cable operator Comcast has formally notified the European Commission of its intention to bid for Britain’s pay-TV group Sky , starting the clock on a review, a regulatory source told Reuters on Monday.
(Reuters) – Snapchat owner Snap Inc said on Monday Amazon.com Inc veteran Tim Stone would replace Andrew Vollero as chief financial officer effective May 16.
(Reuters) – Wall Street climbed on Monday, boosted by Apple’s sixth straight day of gains and by a surge in oil prices to their highest since 2014.
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