A Facebook shareholder filed a proposed class action Friday in a bid to stop the company’s plan to issue new Class C stock, calling the move an unfair deal to entrench CEO Mark Zuckerberg as controlling shareholder. Filed in the …
In disclosing its earnings for the first quarter of 2016 today, Facebook had a big announcement to make: The company is proposing a new non-voting Class C stock. The goal is twofold: keep cofounder and chief executive Mark Zuckerberg in …
SS&C closes stock sale used to raise money for acquisition. SS&C Technologies Holdings Inc. said Wednesday it closed its public offering of 12.075 million shares of common stock to raise money for its pending acquisition of Advent …
“Kraft /quotes/zigman/11825124 /quotes/nls/krft KRFT is a consumer product company that sells a limited number of (stock keeping units) to a limited number of retailers. J. C. Penney is a retailer that sells hundreds of thousands of …
J.C. Penney Co. shares tumbled the most since they began trading in 1980, hurt by deeper losses and a sense among investors that department stores are stuck in an intractable slide. The rout followed a warning by the company that a …
In the event that you've missed all of the signs alerting divers that traffic could get a little messy Thursday, one stroll through the Campustown County Market serves as a surefire reminder that the UI's fall semester is just about here. On …
When a business wants to raise money by attracting investors, it can do so by issuing stock in one of two flavors: common stock or preferred stock. Both types of stock are offered for sale on the various stock exchanges. Ticker symbols for …
One stock that might be an intriguing choice for investors right now is Citigroup Inc. C. This is because this security in the Banks - Major Regional space is seeing solid earnings estimate revision activity, and is in great company from a Zacks …
A feared viral disease proven deadly in Norwegian fish farms has been confirmed for the first time by federal scientists studying farmed salmon in B.C. Heart and Skeletal Muscle Inflammation (HSMI) has been linked to the deaths of up to …
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