Bristol-Myers Goes After Celgene

Bristol-Myers to Buy Celgene

Bristol-Myers Squibb is making a $74 billion bet — and investors aren't pleased. The New York-based pharmaceutical giant on Thursday said it would acquire Celgene, a Summit, New Jersey-based cancer drug company, in a cash and stock deal valued at $74 billion...

By | January, 4, 2019|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Amazon Taking Over the World

100 Million for Amazon Prime

More than 100 million people globally are now paying for Amazon Prime, a sign of how Amazon.com Inc. has used the service to evolve from an online marketplace that struggled with profitability into an e-commerce powerhouse. Amazon, which has never disclosed the number of Prime members before, revealed the figure Wednesday in Chief Executive Jeff Bezos’s closely followed annual letter to shareholders...

By | April, 19, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

PELTZ CHANGING DIAPERS

Procter and Gamble Declare Victory

Procter & Gamble declared victory Tuesday over activist investor Nelson Peltz, saying initial figures show it won the biggest proxy battle in history. But the narrow win puts pressure on the owner of Bounty and Tide to move faster in its turnaround and regain support of investors...

By | October, 11, 2017|Categories: Articles, Featured|Tags: , , , , , |0 Comments

Can Softbank Save Uber?

Uber's New Investor?

Softbank is in talks with Uber about a massive $10 billion investment in the company, according to a report in the Wall Street Journal on Thursday. The deal could give Japan's Softbank as much as a 22% stake in the ride-hailing company if it is able to carry out the full investment...

By | September, 15, 2017|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Ford Cutting Jobs

In what is just another sign of a weak manipulated economy

Ford Motor Co. aims to cut about 10% of its global workforce amid Chief Executive Officer Mark Field's drive to boost profits and the auto maker's sliding stock price, according to people briefed on the plan. The move comes as Ford targets $3 billion in cost reduction for 2017...

By | May, 16, 2017|Categories: Articles, Featured|Tags: , , , , , , |0 Comments