Connect with us

Newsletters

The Capitalist Newsletter – November 1, 2016

Published

6 years ago

on

Click Here To See The Comments

GENERAL ELECTRIC MERGING OIL AND GAS OPERATIONS WITH BAKER HUGHES; CREATING $32 BILLION OIL GIANT

Just a few months removed from Baker Hughes attempt to merge with Halliburton, Baker Hughes is making another deal to be acquired – this time with General Electric. How is this deal different than the Halliburton deal? And why are the companies making an oil play now?

Read The Capitalist’s Take Here

Read More at CNBC

Read More at Bloomberg

FORMER VALEANT EXECS TARGET OF DOJ CRIMINAL ACCOUNTING FRAUD PROBE

U.S. prosecutors are focusing on Valeant Pharmaceuticals International Inc.’s former CEO and CFO as they build a fraud case against the company that could yield charges within weeks, according to people familiar with the matter..

Read More at Bloomberg Here

Read More at Fortune Here

Read More at Financial Post Here

CENTURY LINK TO BUY LEVEL 3 COMMUNICATIONS FOR $25 BILLION

CenturyLink Inc. on Monday said it reached a cash-and-stock deal to buy Level 3 Communications Inc. for roughly $25 billion, a marriage that would give the communications companies more heft to weather a competitive landscape…

Read More From Wall Street Journal Here

Read More From Bloomberg Here

Read More From Financial Times Here

Closing Bell

-Monday, October 31st

Election Uncertainty Drags Stocks Lower

Big Insider Trades

– ServiceNow, Inc. (NOW) Director William Strauss Sells $3m

– Old Republic International, Corp. (ORI) CEO Aldo Zucaro Buys $1.25m

Winners & Losers

-Brocade Communications Systems, Inc. (BRCD) Jumps UP (21.98%) After Announcing Intent to Sell Itself

– Zimmer Biomet Holdings, Inc. (ZBH) Drops DOWN (13.99%) After Cutting Sales Forecast

Most Talked About

Level 3 Communications, Inc. (LVLT) Feeling the Love as the Company Prepares to be Bought by CenturyLink

The TIP Sheets

– Monday, October 31st

– Valeant Pharmaceuticals International, Inc. (VRX) Drops DOWN(12.33%) After Department of Justice Begins Accounting Fraud Probe. Expect Shares to Plummet DOWN

Unusual Volume

– Team Health Holdings, Inc. (TMH) Soars UP (16.44%) on 22m Shares Traded After Announcing Its Acquisition by Blackstone for $6.1 Billion. Look For Shares to Continue UP

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Topics:
Continue Reading

Subscribe To Our Newsletter:

CEOJOURNAL.COM | [email protected] | ADDRESS: 1889 E Maule Ave, Ste G, Las Vegas 89119 Copyright © 2021 CEOJournal. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]