U.K. company Reckitt Benckiser Group plc has delivered the largest M&A deal so far in 2017 by announcing a $19 billion buyout of U.S. company Mead Johnson Nutrition CO MJN. According to CNBC’s Carl Quintanilla, the Mead Johnson buyout is the fourth-largest foreign buyout of a U.S. consumer staples company in history.
Shares of Canadian exploration company Northern Dynasty Minerals Ltd NAK are down more than 5 percent in Tuesday’s pre-market session after Kerrisdale Capital released a scathing new report urging investors to sell the stock. Kerrisdale believes the huge run-up in Northern Dynasty’s share price since Donald Trump was elected is based on a false hope.
At least 188,000 California residents have been evacuated from the Oroville area due to concerns about the integrity of the country’s tallest dam. The latest potential national infrastructure emergency has Americans anxious for President Donald Trump to begin his $1 trillion, 10-year infrastructure spending plan.
President Donald Trump hasn’t even been on office for a month yet, but he has already made a number of controversial policy decisions. Trump has announced that he will begin construction on the border wall with Mexico within months, he has instituted a 90-day travel ban from seven majority-Muslim countries and he has indicated his…
More than 188,000 people have been evacuated from homes and businesses in Northern California after heavy rains damaged the Oroville Dam, the tallest dam in the United States. While residents and officials now place the safety of everyone involved as the top priority, the dam’s physical integrity, or lack thereof, also poses a significant financial…
Hedge fund guru David Einhorn has nothing but positive reviews for Yelp Inc YELP and its stock. Back on May 2, 2016, Einhorn disclosed that Greenlight Capital had taken a huge new position in Yelp.
Warren Buffett may not have wanted Donald Trump in the White House, but he’s sure taking advantage of the opportunities Trump will provide for investors. Despite Buffett’s public support of Hillary Clinton, Buffett stocks are as well-positioned for the Trump presidency as any others.
A buyout announcement is one of the best pieces of news a shareholder can get. Typically, buyout stocks immediately jump to within cents of the buyout price and never look back. Sometimes, however, the market doesn’t trust that the deal will actually go through. That skepticism can leave certain buyout stocks in limbo for months.
On the surface, reverse stock splits may seem like reasonable moves for struggling companies to make. Once a stock dips near or below $1 per share, there are a lot of potential dangers. First, many institutional investors are forbidden by rule from investing in stocks priced under $5. Without access to institutional capital, stocks trading…
The S&P 500 has more than tripled since it hit its low point of the Great Recession on March 9, 2009. There were plenty of stocks to buy back then that offered incredible value. For investors that weren’t old enough or didn’t have the resources to invest back then, it may seem like you’ve missed the…