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The Capitalist Newsletter – October 8, 2016

Published

7 years ago

October 10, 2016

SNAPCHAT PLANNING $25 BILLION IPO TO COMPETE WITH FACEBOOK

Snap, formerly known as Snapchat, is making waves with news of an upcoming IPO. But the real news here is the $25 billion valuation. Is this some random number or is the company worth it? How does an IPO help propel the company’s future? ….

Read The Capitalist’s Take Here…

Read More at BUSINESS INSIDER

Read More at HUFFINGTON POST

NFL RATINGS TUMBLE; SURPRISES NETWORKS AND ANALYSTS

TV networks are giving away more commercial time this NFL season than a year ago to make up for one of the worst ratings declines in a decade, a rare sign of weakness for the biggest draw on television.

Read More From Bloomberg Here

Read More From USA Today Here

MYLAN TO PAY $465 MILLION TO SETTLE MEDICAID CLAIMS

Mylan, the maker of the allergy treatment EpiPen, said Friday that it had reached a $465 million settlement with the Justice Department and other government agencies over questions about whether the company had overcharged Medicaid for the EpiPen by improperly classifying it as a generic drug…

Read More From NY Times Here

Read More From USA Today Here