In a regulatory filing Monday, the social media company said its debut price is now set between $23 and $25 a share, up from $17 to $20 previously. The company intends to sell 70 million shares in its IPO. At its new price, the company would be valued between $12.8 billion to $13.9 billion.Read More…
Many worried about Obama's new healthcare program, as the system seemed to be easy to hack. As the system contains a plenty of personal data, it provides a great aim for cyber crime. However, things are not that easy…Read More >>
Linear Technology reported decent fiscal first-quarter earnings but gave investors a disappointing forecast for the December quarter, as a seasonal dip in chip demand and the mere threat of a looming U.S. debt ceiling crisis may weigh on upcoming chip orders. We will maintain our fair value estimate and wide moat rating for the firm….
Crown Holdings reported third-quarter results that were broadly in line with our expectations, but we have increasing concerns about the profit potential of Crown’s operations in Asia-Pacific. For example, through the first nine months of the year, Asia-Pacific segment profit declined $2 million while sales increased $157 million compared with the first nine months of…
According to a study, those couples who text regularly each other and do not show their conflicts in person might ruin their relationship. According to a study, texting is harmful for the quality of human connections.Read More >>
Last week, Buckeye announced it has agreed to acquire Hess’ terminal assets spanning the East Coast and Caribbean for $850 million. The addition of 39 million barrels of storage increases Buckeye’s storage capacity by more than 50% to 112 million barrels and complements the partnership’s existing wide-moat footprint very well, in our view. In particular,…
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