17 Aug, 2017
Shares of L Brands (NYSE: LB), the parent company of Victoria’s Secret and Bath & Body Works, fell nearly 10 percent to $35.24 on Thursday after the company lowered its guidance for the year.Despite reporting second quarter earnings o..
Tensions are rising between the U.S. and North Korea and as expected, the political heat is leaving a mark on the market. When there is political turmoil that could have a significant global impact, it has always been seen that safe haven assets, ma..
On Friday, billionaire investor William Ackman announced that he will be buying a large stake in Automatic Data Processing Inc.(NASDAQ:ADP), a move that made the U.S. payroll company’s stock increase 16.5% to $120.In recent years, activi..
For experienced private equity firms and venture capitalists, the tech boom brings with it the scourge of easy money. These 'dumb' investors make valuations go haywire. Company founders also become much too powerful than they actually should..
To combat the falling demand for its products and stagnant sales volumes, PepsiCo Inc. (NYSE:PEP) decided to charge higher prices and cut expenses. It proved to work out as PepsiCo Inc.’s quarterly profit beat Wall Street estimates and boosted..
China has been working hard to open its markets to the global investors and the Asian economy has been making big strides in this direction already. The move to get its stocks to feature in the key market benchmarks has already been a resounding suc..
Mylan Inc. (NASDAQ: MYL) made waves earlier this year by awarding former CEO Robert Coury $98 million despite criticism for increasing the company’s EpiPen by 400 percent over seven years. According to CNNMoney, shareholders of the corpor..
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