cash

IFF acquires Frutarom for $7.1 billion

IFF acquires Frutarom for $7.1 billion

International Flavors & Fragrances Inc. (NYSE: IFF) announced on Monday that it will acquire Israeli Frutarom for $7.1 billion, including its net debt, to establish itself as an industry leader in naturals while expanding its customer base and p..

Financial Advisers Warn Investors Against Investing in Speculative Assets

Financial Advisers Warn Investors Against Investing in Speculative Assets

SuperInvestor Seth Klarman once said that investments are assets that buy goods and services. In other words, they produce cash flow. This undercuts several commodities that consumers usually consider as investments. This includes gold and handbags...

Both Apple and Oracle in Favor of Tax Repatriation Reform

Both Apple and Oracle in Favor of Tax Repatriation Reform

Mark Hurd, co-chief executive of Oracle Corporation (NYSE: ORCL), recently pledged his support to any form of tax reform that would allow the firm to retrieve its large cash pile from other nations. The government of the United States is looking to ..

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Recent fintech innovations have caused a rise in trademark numbers registered by various financial companies in the UK. In 2016, the sector had reported registering a little over 4,000 trademarks. There is increasing competition among established fi..

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation Acquires Orbital ATK for $9.2 Billion

Northrop Grumman Corporation (NYSE: NOC) has announced the acquisition of the aerospace and defense systems company, Orbital ATK, Inc. (NYSE: OA) for $9.2 billion. Shares of Orbital ATK up about 20% after the announcement. According to a definitive ..

Herbalife Shares Jump as Company Announces Dutch Auction Self-Tender Offer

Herbalife Shares Jump as Company Announces Dutch Auction Self-Tender Offer

Herbalife Ltd. (NYSE: HLF) stock up about 11% after the nutrition company announced that it has, “commenced a modified Dutch auction self-tender offer to purchase for cash up to an aggregate of $600 million of shares of its common stock at a p..

Bitcoin Cash Skyrockets After Split

Bitcoin Cash Skyrockets After Split

After the split of the cryptocurrency on Tuesday, Bitcoin Cash, the new digital currency, surged from around $214 to over nearly $750, rallying almost 200 percent, according to CNBC.The new crypto emerged from a split from Bitcoin after users demand..