The sharp, sudden entry of an activist investor is raising hopes that change might come to the company.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up by +0.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +1.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.80%. Stocks...
Last week, Bristol Myers BMY obtained FDA approval for a label expansion of its blockbuster immuno oncology drug Opdivo (nivolumab).The FDA approved Opdivo as a perioperative treatment regimen for adults...
The S&P 500 Index ($SPX ) (SPY ) today is up by +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.40%. Stocks today are moderately...
Each of these companies boasts a solid track record of paying and raising dividends, with yields exceeding 5%.
Ken Griffin's Citadel continues to add to its position in Pfizer.
Starboard will look to turn around the struggling pharma company.
Despite its dividend yield of nearly 6%, Pfizer stock has failed to win over investors and is in the red YTD. Can the stock finally stage a turnaround, as activist investor Starboard Value has reportedly...
Shares of Pfizer PFE rose 2.17% on Oct. 7 after a report from The Wall Street Journal stated that activist investor Starboard Value has taken a roughly $1 billion stake in the company.Investors cheered...
Shares of Pfizer Inc. (PFE) rose 2.2% on reports that activist investor Starboard Value acquired around $1 billion stake in the company in a bid to stage a turnaround for the ailing company.Wynn Resorts,...