When Facebook announced its first quarter results this week, it also announced that it created a new class of stock. The non-voting Class C stock proposed would enable Mark Zuckerberg and his wife Priscilla Chan to more easily fund their …
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 …
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 …
Shares in Cenovus Energy were down 11 per cent shortly after markets ... The ConocoPhillips sale was announced Wednesday after the close of Canadian and U.S. stock markets, when Cenovus stock was at C$17.45 in Toronto and …
NEW YORK (CNNMoney) -- J.C. Penney gave investors two reasons to ditch the stock: the retailer said Tuesday that it is suspending its dividend and that sales are dropping dramatically. J.C. Penney's (JCP, Fortune 500) stock plunged more …
It will be a 2-1 stock split announced nearly two years ago that will help cement Larry Page’s and Sergey Brin’s control over the company.