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$PFE 2Q15 Q&A: For the question on threshold for completing an inversion asked by Fernandez of Leerink, Frank replied that prior to Sept. 22 proposed rule changes by the IRS, hurdle is less than 80%. The hurdle was lowered to less than 60%, meaning PFE has to do a larger acquisition to get full benefits; went from less than 80% to less than 60%.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.