Want to join the conversation?
$MNST's BoD approved 3-for-1 stock split which will be effected in form of 200% stock dividend. The additional shares will be distributed on Nov. 9, 2016 to stockholders of record on Oct. 26, 2016. $MNST sees stock to begin trading at split-adjusted price on Nov. 10, 2016. Upon completion, number of shares will triple to about 571MM shares.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.