Michael Christensen
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Michael Christensen

Business

On Monday, Pep Boys said Icahn had sweetened his offer for the Philadelphia company to $18.50 a share in cash, or about $1 billion.

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Business

Shares of Valeant Pharmaceuticals International, Inc. rose by 3.22% in the last five trading days and 24.31% for the last 4 weeks. Valeant has been making headlines since August 2015 for reasons like price hike of specialty drugs, erroneous financial reporting, and termination of contracts with Philidor Rx Services. CIBC

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BusinessEntertainment

The drugmaker listed both its assets and liabilities in the range of US$1 million to US$10 million.

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Business

“We do have to discount the heightened volatility we have around this time of the year”, said Mr. Mike Englund, chief economist at Action Economics in Boulder, Colorado, who correctly projected the jump.

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Business

Icahn Enterprises offered $18.50 in cash for each share of Pep Boys on Tuesday, $1.50 more per share than the most recent offer from Bridgestone.

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Business

New York City’s top cop has a four-letter word for people who are jumping on the hoverboard craze: nuts.

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Business

Trump brushed off the assertion by the show’s co-host Joe Scarborough that Putin “kills journalists and political opponents and invades countries”.

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Business

Retail giant Target and Coinstar (best known for those green machines for exchanging loose change) are two of the most well-known companies offering exchange programs for gift cards from several major chains. “Once I got a gift card to this clothing store I had no interest in”. Many retail stores

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Business

Grocery stores in the United Kingdom would face a new challenge from an unexpected corner as the online titan Amazon has announced its plans to expand the pantry division. Amazon pantry was introduced in November for Prime members.

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