Melrose Industries Plc made a hostile 7.4-billion-pound ($10.2 billion) bid for GKN Plc, taking its offer directly to shareholders of the U.K. maker of aerospace and automotive components after it spurned an unsolicited approach.
The offer values GKN at 430.1 pence a share in cash and stock, Birmingham, England-based Melrose said in a statement Wednesday. GKN last week rejected an initial....More>>>
PHOENIX Arusted shell of what once was a produce warehouse is an unlikely setting for a tech renaissance but it’s happening on a small patch of land a few blocks south of downtown Phoenix.
Within the two square miles that house Phoenix’s Warehouse District, there’sample evidenceamid dozens of once-abandoned structures:60 tech start-ups work out of a 55,000-square-foot technology-education....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
On Friday, our Elite Opportunity Pronewsletter suggested small cap outsourced semiconductor packaging and test services stock Amkor Technology (NASDAQ: AMKR) as a short term trade:
As you can read, although AMKR is one of those boring stories many investors tend to shy away from, the reality is it sits right smack in the middle of the semi space, a space with tremendous forward growth potential
Dundee, IL, based Investment company First American Bank buys Tapestry Inc, VF Corp, Spirit AeroSystems Holdings Inc, Voya Financial Inc, McDonald’s Corp, Dominion Energy Inc, Eversource Energy, Fleetcor Technologies Inc, Nutanix Inc, iShares Select Dividend ETF, sells Celgene Corp, PG&E Corp, Microchip Technology Inc, Pioneer Natural Resources Co, Schlumberger during the 3-months ended....More>>>
SA Author Research and Investment’s latest article on DryShips (NASDAQ:DRYS) deserves a comment. This excellent author estimates that DryShips stock will trade down to $1 and over 100 million new shares will be issued to take up the remaining $137 million of equity available from the Kalani deal.
Suppose he is right. If DryShips issues another 137 million shares and lands with about....More>>>
Millennials and stocks a mutual need
Millennials, the childrenof the stock-loving Baby Boomers who helped fuel the best-everbull market in the 1990s, haven’t yet developed agood working relationship with the marketlike mom and dad did.
Now mostly in their 20s and early 30s, the people making up the nation’s largest generation haveyet to embrace the concept of stock investing....More>>>
Take Wall Streets forecasts on 10-year Treasury yieldsa crucial benchmarkwith a big grain of salt.
According to a Thursday note by Torsten Slok, chief international economist for Deutsche Bank, Wall Street analysts have been embarrassingly off the mark when asked to forecast where rates were headed.
He compared the last 15 years worth of forecasts from the Feds Survey of Professional....More>>>
9 Ways to Save on Taxes in Retirement
If Trump Wants to Kill DOL Rule, Hed Better Act Soon
The Roth Annuity: A Bright Star in Annuity Investing
Baird says it has added three advisors in New Jersey and Florida from Wells Fargo Advisors with close to $390 million in client assets.
The employee-owned wealth management firm, which is based in Milwaukee, says the three veteran....More>>>
Harold Evensky: How Trump Could Weaken the Fiduciary Standard
Sen. Warren Grills Puzder in Letter on DOL Fiduciary Ahead of Hearing
15 Best States for Retirement: 2017
When it comes to mergers and acquisitions of RIAs, much attention has rightly been given to “rollup” or consolidator firms like Focus Financial, United Capital and Dynasty. But the latest data published....More>>>