Tag Archives: split

Google parent Alphabet Inc. GOOG 1.61% said on Feb. 1 that it will enact a 20-for-1 stock split, giving shareholders 19 more shares for every one they own.  Stock splits had fallen out of favor over the last two decades. But since the pandemic Apple Inc., Tesla Inc. and now Alphabet have revived the practice in an effort to make their shares more affordable for individual… Source link

Larry Page (L) and Sergey Brin (R), the co-founders of Google, at a press event where Google and T-Mobile announced the first Android powered cellphone, the T-Mobile G1. (Photo by James Leynse/Corbis via Getty Images) James Leynse | Corbis Historical | Getty Images Google parent Alphabet announced plans for a 20-for-1 stock split on Tuesday as part of the technology company’s quarterly earnings statement. Alphabet stock was up more than 7% following the news. The move comes a year and a half… Source link

LAKE BUENA VISTA, FLORIDA – JULY 31: ESPN reporter Rachel Nichols stands on the court before a game between the Houston Rockets and the Dallas Mavericks at The Arena at ESPN Wide World Of Sports Complex on July 31, 2020 in Lake Buena Vista, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike Ehrmann/Getty Images) Rachel Nichols’… Source link

The Dow Jones Industrial Average’s (^DJI) worst daily plunge of the year sparked a split among market strategists on wether Friday was a good buying opportunity.  The index closed down more than 900 points, while the broader S&P 500 (^GSPC) average declined 2.27%. Energy, financials and industrial stocks led the markets lower amid concerns of a new COVID variant first detected in southern Africa.  “To the extent this is not as big as Delta was ultimately, then I think maybe it’s a little bit… Source link

Johnson & Johnson’s (JNJ) historic move to split the world’s largest pharmaceutical company into two over the next two years will create two new publicly-traded companies. The legacy brand will focus on drugs and medical devices, while the consumer segment will receive new branding, the company said in a statement Friday. The move follows a growing trend in the health care sector to focus on innovative — or more high risk, high reward — segments of business, according to experts. Ashtyn… Source link

Neymar said on Instagram that he “was not given the opportunity to defend himself” against sexual assault allegations from a Nike employee. (John Berry/Getty Images) Paris Saint-Germain star Neymar responded to Nike’s “lies” on Friday after a report claimed the reason he and the company’s split was due to the fact that he declined to cooperate with a sexual assault investigation. Nike and Neymar parted ways in 2020, though no reason was given at the time. On Thursday, The Wall Street… Source link

Microsoft (MSFT) co-founder Bill Gates and his wife, Melinda, will separate after 27 years together, the billionaire announced on Monday, ending a marriage that launched an influential globe-spanning philanthropic and humanitarian empire.  Via Twitter, Gates — one of the world’s wealthiest men — said that he and his wife remain committed to their “mission” as philanthropists, but “we no longer believe we can grow together as a couple in this next phase of our lives.” The philanthropic… Source link

(Bloomberg) — The leaders of the three most popular social media platforms are at odds over the thorniest public policy question they face: who’s responsible for policing the content that appears on their pages. At issue is a decades old law that protects social media companies from liability over content posted by users. The heads of Facebook Inc., Alphabet Inc.’s Google and Twitter Inc. are all slated to appear before a House panel Thursday to testify about the spread of false… Source link

For more business and finance explainers, check out our Yahoo U page. For the fifth time in its history, Apple (AAPL) will split its stock. Alongside its earnings report for the third quarter of 2020, Apple announced plans for a 4 to 1 stock split, effective Aug. 24. Shares of Apple were trading close to $420 as of July 31. Stock splits have little fundamental effect on the company itself, but the financial maneuver allows companies to capitalize off of a rising stock price by increasing… Source link

Under the terms of the deal, Sberbank has bought out a 25%+1 stake in Yandex.Money. Sberbank Rossii PAO (MCX:SBER) today announces the closing of the deal with Yandex for splitting of their assets. Under the terms of the deal, Sberbank has bought out a 25%+1… Source link