Investors cheered the move, sending IAC's
shares up $ 3.93, or 5.1 %, to $ 81.19.
The company's stock rose for the second day with
shares up $ 1.30 each to...
Not exact matches
By
upping his bid to
$ 13.75, plus a special dividend of 13 cents a
share, Michael Dell convinced the board to reverse a rule that said that any non-vote would count against him.
The overall games market will continue climbing to
$ 83 billion by 2016, but mobile and online will increasingly make
up the lion's
share after surpassing consoles and PCs this year.
Specifically, giving businesses a tax break of
up to 15 percent for profits
shared worth
up to 10 percent of a worker's annual salary, or a tax credit equivalent to
$ 750 per employee.
Shares of Stratasys, for example, recently were trading around
$ 96 a
share,
up roughly 48 percent from a year ago.
Long Pond Capital's Khoury suggested that D.R. Horton has more than 60 percent upside, while Ran of Half Sky Capital said GrubHub could hit
$ 160 a
share,
up about 55 percent from its Monday closing price of
$ 102.17.
For the quarter ended July 20, Dick's adjusted earnings were 96 cents a
share,
up from 82 cents a year ago, but less than the
$ 1.00 expected by Wall Street and even its own forecast of
$ 1.02 a
share to
$ 1.07 a
share.
• Dropbox, the San Francisco - based cloud firm, says it to raise
$ 684 million in an offering of 36 million
shares (25 % insider) priced between
$ 18 to
$ 20 a piece,
up from a previously stated range of
$ 16 to
$ 18.
More than one third of the people in Hong Kong will get a cash handout of
up to
$ 510, after the city's administration came under heavy pressure to
share some of its
$ 17.6 billion surplus.
Lyon still predicts that the company can increase revenues by 25 % year - over-year in 2014 and he expects earnings per
share to hit
$ 2.08 this year,
up from
$ 1.86 in 2012.
Aspermont has announced plans to raise
up to
$ 10 million by offering
shares to investors and converting debt, as it seeks to shore
up its balance sheet.
Activist investors, who now manage some
$ 174 billion in assets, have exploded onto the scene, shaking
up boards and pushing for
share repurchases, company breakups, or outright sales in order to get stock prices higher.
Starbucks raised its full - year outlook to
$ 2.22 to
$ 2.23 a
share,
up from
$ 2.12 to
$ 2.18 a
share.
Shares of Spotify ran
up 14 percent from their first day of trade a month ago, closing at
$ 170 ahead of the quarterly report.
It's not the fairy - tale ending many wanted, but it gave shareholders
$ 4.50 a
share in cash (
up from a low of
$ 2.19 in January) and demonstrated the value of knowing when to abandon a dream, take the money, and move on.
Travelers Reports First Quarter Net Income and Core Income per Diluted
Share of
$ 2.42 and
$ 2.46, Respectively,
Up 12 % and 14 %, Which Includes Catastrophe Losses of
$ 1.01 per Diluted
Share
Shares in Geopacific were
up 9.3 per cent today as the company announced a
$ 3 million rights issue, with the company planning to step
up exploration activity at its Cambodian Kou Sa project.
Seven Group Holdings has
upped its takeover bid for National Hire Group, after its initial offer of
$ 3.00 per
share was rejected by the target's major shareholder, Tasmania - based Caterpillar dealer Da
Adjusted book value per
share of
$ 84.54,
up 1 % from year - end 2017.
• Menlo Therapeutics, a Redwood City, Calif. - based biotech developing therapies for pruritus associated with dermatologic conditions, now says it plans to raise
$ 107 million in an offering 6.5 million
shares at between
$ 16 to
$ 17 a piece,
up from a previous stated 5.7 million
shares priced between
$ 14 to
$ 16.
Shares in Yum closed nearly 2 percent
up at
$ 80.55 on Wednesday.
• Best Inc., an Alibaba - owned Chinese supply chain network, filed for an IPO of
up to
$ 750 million worth of American Depository
Shares.
In the first quarter of 1994
Share made
$ 90,000 on revenues of roughly
$ 1 million — and divided
up some
$ 28,000 in bonuses.
Throughoutrn2012, Shaw purchased hundredsrnof thousands of
shares in his ownrncompany, an effort to prop uprnthe cable giant's flagging stock.rnAfter flirting with
$ 19 a
share inrnMay, Shaw Communicationsrncrept back
up to
$ 21 over therncourse of the fall.
Since 2005, Couche - Tard's earnings per
share have gone
up every year except one, rising from 12 cents to
$ 1.20 over that period.
The company, which also announced an
up to
$ 200 million
share buyback, posted a net loss of
$ 41.7 million, or five cents per
share, compared with a profit of
$ 3.1 million, or breakeven, a year earlier.
Lyft, the San Francisco - based ride -
sharing start -
up known for its pink mustache hood ornaments, announced today it has raised
$ 60 million from venture capital firm Andreessen Horowitz, bringing its total capital raise to
$ 83 million.
Nike
shares are
up about 5 percent so far this year to roughly
$ 66 per
share.
However, investors are reacting positively to two other pieces of news: Tims» dividend hike — increased 23 %, or six cents a
share to 32 cents — and a
$ 440 million
share buyback, driving the stock
up 3 % in early trading.
The company's board put a special provision in Papa's employment agreement that turbocharges his pay the way a videogame might when a player levels
up into bonus points mode: If Valeant's stock price reaches a new high of at least
$ 270 a
share in the next three years, Papa gets double the allotment of performance - based stock.
The company said in February that it planned to buy back
up to
$ 5 billion of stock over 2018 - 2020 to
share the benefits of higher oil prices with investors.
And Dimon's pay rose last year,
up a hefty 35 % to
$ 27 million, despite the fact that the company's
shares were
up only 6 %.
This week, JP Morgan
upped its bid from
$ 2 a
share to
$ 10 a
share, meaning that the punishment meted out to Bear stockholders for the firm's reckless behavior is much less draconian.
For the full year, Quebecor earned a profit attributable to shareholders of
$ 369.7 million or
$ 1.53 per
share in 2017,
up from
$ 194.7 million or 80 cents per
share in 2016.
Groupon's stock was
up more than 2 percent midday Thursday to hover near
$ 11 a
share.
On Friday, the stock got beaten
up even more because analysts at Barclays Bank released a note cutting the
shares to «underweight,» with an
$ 89 price target (the stock closed at
$ 93).
• Delivery Hero, a Berlin - based food delivery service, said it would raise about 927 million euros, or
$ 1.04 billion in an offering of
up to 39 million
shares on the Frankfurt Stock Exchange.
Following a slew of training from a variety of experts, Zuckerberg apparently assuaged some concerns of Facebook investors as the company's stock jumped over the course of the Senate hearing, closing at
$ 165 a
share, or
up 4.5 %.
The company, whose U.S.
shares were
up 6.9 percent in premarket trading, said second - quarter revenue fell to
$ 2.42 billion from
$ 2.73 billion a year earlier.
Verizon
shares closed
up 1 percent at
$ 50.62 on Friday.
Demandware's
shares, which have fallen about 21 percent in the past year, were
up 52.1 percent at
$ 73 in premarket trading on Wednesday.
Shares of Canada's biggest licensed producer were
up four per cent to
$ 27.74 midday Wednesday on the Toronto Stock Exchange as the company also announced it was one of six licensed producers to sign a letter of intent to supply the Quebec market.
Regulators in 47 states have been allowing businesses to raise
up to
$ 1 million a year through
shares priced as low as
$ 1 using a financing technique called the small corporate offering registration, or SCOR.
Investors had a strong appetite for the company's stock, chomping
up shares priced at
$ 26 for the debut, and pushing the stock price
up more than 50 percent soon after the opening bell at the New York Stock Exchange.
Taking his bank bonuses in Scotia equity, rather than cash, he's built
up a sizable personal stake in the company worth
$ 34.5 million in
shares and deferred
share units, plus options worth another estimated
$ 48 million.
The
shares closed
up 0.53 percent Wednesday at
$ 153.03.
Wyndham Worldwide
shares shot
up in after - market trading, rising above
$ 109, after closing Wednesday at
$ 103.
Ma reaped more than
$ 800 million selling
shares in the company he set
up 15 years ago as Alibaba listed on the New York Stock Exchange Friday, based on company filings, with the value of his remaining stake of 7.8 percent surging to more than
$ 17 billion by Monday.
The pro-independence Scottish government says Scotland would be entitled to 90 per cent of Britain's oil wealth — based on divvying
up the two countries» waters — but only liable for about 8 per cent of its 1.3 trillion pound (
$ 2.1 trillion) national debt, based on its
share of the U.K. population.