BMO’s Gary Nachman contends that the sale of Salix “could be a good strategic move” for Valeant Pharmaceuticals International (VRX). He explains why:
News reports from WSJ have indicated that Valeant is in advanced talks to sell the Salix business for ~$10bn (may include $8.5bn cash and future royalties). If true, we believe this could potentially be a strategically smart....More>>>
Facebook Inc. (NASDAQ: FB) was worried about this, and so was traditional media. Bogus news sites had more traffic than legitimate ones late in the election cycle, according to a survey done by BuzzFeed:
A BuzzFeed News analysis found that top fake election news stories generated more total engagement on Facebook than top election stories from 19 major news outlets combined.
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits.
Today’s column examines how spousal benefits are calculated, the ability to switch to a spousal benefit after taking a retirement benefit, the effect of collecting a spousal benefit on the other spouse’s retirement benefit, submitting an application....More>>>
Tech titans Oracle Corporation (NYSE:ORCL) and Cisco Systems, Inc. (NASDAQ:CSCO) are cheap on a price-to-earnings basis and they generate buckets of free cash flow (FCF). Their FCF generation combined is about as much asthe GDP of Uganda’s38 million people. Even if all they did was grow earnings and FCF in line with inflation, they would be raging buys.....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins