-
Mark Zuckerberg Created A Messaging System For Dad's Dental Office And 4 Other Fun Facts About Facebook Co-Founder
Wednesday, April 12, 2023 - 5:01pm | 888The founder of one of the most popular companies of the past 50 years was fascinated with computers and inventing programs at an early age. This helped make him one of the most well-known people in the world. Here is a look at five things you might not know about Facebook - now Meta...
-
Is A 70% Tax Rate 'Confiscatory'?
Monday, February 11, 2019 - 5:18pm | 561Multiple high-profile Democrats, including rookie Congresswoman Alexandria Ocasio-Cortez and presidential candidate and Massachusetts Sen. Elizabeth Warren, are calling for higher taxes. In a Monday debate on CNBC's "Squawk Box" segment, the show's co-host...
-
McCormick Now Owns Frank's RedHot Sauce, French's Mustard But At A Ridiculous Cost
Wednesday, July 19, 2017 - 1:11pm | 440Investors made it clear they weren't satisfied with McCormick & Company, Incorporated (NYSE: MKC)'s $4.2 billion acquisition of Reckitt Benckiser's food business which includes Frank's RedHot sauce and French's mustard -- and for good reason. Shares of McCormick lost more...
-
How To Lose $9 Billion: Be On The Wrong Side Of A Hedging Trade
Friday, September 9, 2016 - 12:48pm | 412Anheuser Busch Inbev SA (ADR) (NYSE: BUD)'s proposed $105 billion acquisition of rival SABMiller plc (ADR) (OTC: SBMRY) is expected to cost the company just short of $2 billion in advisory fees, expenses and taxes. While this price tag may seem high, it pales in comparison to the $9 billion AB...
-
Wal-Mart's U.K. Business Is Getting 'Battered' By Competition, Bloomberg Says
Friday, August 26, 2016 - 8:41am | 419Wal-Mart Stores, Inc. (NYSE: WMT)'s turnaround story appears to be playing out as planned, and the company is well positioned for continued growth, especially in the domestic business. However, with a lot of the focus on the domestic business, many investors may be ignoring Wal-Mart's international...