Time to Buy Shares of 3M Company and Illinois Tool Works?
The stock prices of the highly regarded industrials have dipped recently. Is it enough to make them good values?
Drug retailer Rite Aid’s upbeat forecast lifts shares
Drug retailer Rite Aid Corp on Thursday forecast a full-year profit largely above estimates as it expects reimbursement rates to rise this year and its deal with Walgreens to help it secure better generic drug prices. Rite Aid sold half of its stores to Walgreens Boots Alliance Inc last year after Walgreens' bid to buy the whole company collapsed due to antitrust concerns. The much smaller Rite Aid then agreed to be bought by U.S. grocer Albertsons Cos Inc, hoping to still remain a formidable player in the sector.
Cambridge University hits back at Zuckerberg's shade
Facebook's CEO Mark Zuckerberg's testimony to the House yesterday was a
GE explores public offering, hybrid deals in strategic review – WSJ
General Electric Co is exploring a public offering for one of its divisions and discussing hybrid deals with public companies to combine assets, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The hybrid deals would leave GE shareholders with stakes in multiple public companies, the report https://www.wsj.com/articles/ge-explores-hybrid-deals-spinoffs-in-strategic-review-1523525400 said. The possibilities include spinning off a division to investors or combining a division with a smaller public company in a way that avoids a big tax bill.
Communication gets results
Transportation economist Noël Perry launches Transport Futures site
Tesla insists Model X driver was at fault in fatal crash
When Tesla revealed that Autopilot was engaged during the March 23rd fatal