Celgene (NASDAQ:CELG) announced that its Board of Directors has approved a stock repurchase program, which allows the company to buyback $3.00 billion in shares on Thursday, May 24th. This buyback authorization allows the biopharmaceutical company to buy up to 5.4% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of....More>>>
Shares of Illumina (NASDAQ:ILMN) rose 13% last month, according to data provided by S&P Global Market Intelligence. That added about $4 billion in market cap following an impressive first-quarter 2018 earnings announcement at the end of April and the release of an updated investor presentation on May 3.
Last month, the gene-sequencing specialist also announced the....More>>>
If there’s anyone who knows what it’s like to weather a crippling cyberattack, it’s former Sony CEO Michael Lynton.
Lynton helmed Sony Entertainment (SNE) when it was the target of a massive hack in December 2014. Hackers, who were linked to the North Korean government, crashed the company’s computer systems and leaked the studio’s films and emails containing....More>>>
Our brains are wired to like new things, even when they aren’t necessarily better than the old. In the world of investing, nothing is newer or can generate more excitement than an initial public offering—commonly referred to as an IPO. There’s a lot of buzz surrounding IPOs and speculation runs rampant as to who will be the next company to file and when.
This is part three in my series outlining the importance of implementing a retirement income framework.
Last year, my colleague Alex Murguia and I spent considerable time developing and testing a framework we call the Retirement Income Optimization (RIO) Map™ for commercial use at McLean Asset Management, where I serve as the Director of Retirement Research.....More>>>
Hywind wind farm concept. Five turbines will be placed off the east coast of Scotland, near Peterhead. They will each be anchored with three suction anchors and linked together to send electricity to shore to power 22,000 households. Source: Statoil.
Seeking Alpha contributor Michael Fitzsimmons has summarized Statoil’s (NYSE:STO) Q2 results, which he suggests show that the company....More>>>
Family and friends lend out about $89 billion in cash each year. More than a third of that total is used to help finance a new business while 6% of first-time home buyers get help from (usually) their parents. About a quarter of those loans were never paid back at all and more than 40% were only paid back partially.
The moral here is not to lend more than you can afford to lose. Sort of like....More>>>
Shares of the Japanese messaging and increasingly social media-like company Line Corp.(NYSE:LN)took a hit today, falling nearly 12% at one point today, even though the company reported a strong rise in sales for its first quarter and positive results from its new features.
For the the first-quarter results announced today, Line revenue increased more....More>>>
U.S. Treasuries suffered their worst month since 2009 as investors fret President-elect Donald Trump’s policies will spell bad news for debt investors and also brace for hikes in short-term interest rates by the Federal Reserve.
The SPDR Bloomberg Barclays Aggregate Bond fund, which tracks the broad bond market, has dropped 2.7% this month in its worst monthly performance since the....More>>>
We have been waiting for an attractive entry point to buy Fabrinet (NYSE:FN) for a couple of months now as the stock has continued its impressive climb upwards. And, after the stock’s recent sell-off over the past few weeks, we believe that now is a great time to buy.
Click to enlarge
Brief Company Overview
Fabrinet is a high-tech contract manufacturer for some of the....More>>>