1 July, 2016 by The TZ Newswire Staff Comments Off on Hershey Rejects a $23 Billion Bid From Mondelez
Hershey Rejects a $23 Billion Bid From Mondelez
Snack foods giant Mondelez (NASDAQ: MDLZ) recently made a $23 billion bid for Hershey (NYSE: HSY), but the offer has been unanimously rejected by the chocolate manufacturer’s board. Mondelez’s offer valued Hershey at $107 per share, a 10% premium to its closing price the day before the bid.
1 July, 2016 by The TZ Newswire Staff Comments Off on Hershey Rejects a $23 Billion Bid From Mondelez
Hershey Rejects a $23 Billion Bid From Mondelez
Snack foods giant Mondelez (NASDAQ: MDLZ) recently made a $23 billion bid for Hershey (NYSE: HSY), but the offer has been unanimously rejected by the chocolate manufacturer’s board. Mondelez’s offer valued Hershey at $107 per share, a 10% premium to its closing price the day before the bid.
1 July, 2016 by The TZ Newswire Staff Comments Off on The Worst Performing Big Bank Stocks Since Brexit
The Worst Performing Big Bank Stocks Since Brexit
Image source: iStock/Thinkstock.
Bank stocks have taken a pounding since the British voted on June 23 to leave the European Union, with shares of the average large-cap bank falling by 6.4% in the referendum’s wake — and that’s after a post-stress test rally.
1 July, 2016 by The TZ Newswire Staff Comments Off on Going the ETF Route? What You Should Know
Going the ETF Route? What You Should Know
ETFs have a number of advantages for investors who are saving for retirement. Here’s a list of why that’s so.
1 July, 2016 by The TZ Newswire Staff Comments Off on Forex Technical analysis: EURUSD heads lower into the weekend
Forex Technical analysis: EURUSD heads lower into the weekend
Moves away from the 200 hour MA
The EURUSD has moved a little lower in the last few hours of trading – holding against the 200 hour MA in the process. The 50% retracement level held earlier today. So the pair has a bit of a negative bias heading into the weekendÂ
1 July, 2016 by The TZ Newswire Staff Comments Off on Zenefits Strikes Deal With Investors That Cuts Valuation
Zenefits Strikes Deal With Investors That Cuts Valuation
Zenefits has reached a deal with investors that cuts its valuation but prevents it from being sued by shareholders.
1 July, 2016 by The TZ Newswire Staff Comments Off on Did The Brexit Plunge Make NXP Semiconductors a Deep Value Play?
Did The Brexit Plunge Make NXP Semiconductors a Deep Value Play?
Shares of NXP Semiconductors (NASDAQ: NXPI) recently plunged after the Brexit vote, dropping about 8% on June 24 and slipping another 6% the following Monday. The stock has slightly rebounded since then, but remains down nearly 20% over the past month.