Let's hope a second shoe doesn't hit the floor.
...July 28 (Reuters) - Air China Ltd ( AICAF )
* Says plans to raise up to 12 billion yuan ($1.93 billion) in private placement of A-share to fund acquisition of 15 Boeing B787 aircrafts, projects and replenish capital
* Says shares to resume trading on July 29
They seem to be going through much organizational changes lately. Will be interesting to see how this plays out.
I just read that Street article. Very negative. Told people to avoid buying Biogen shares. Ouch! I haven't seen that very often. Maybe he is short the name.
I just hope they don't play the BIIB against LLY game. I heard the Alzheimer's data was pretty comparable although BIIB was brought down on the news.
They did a good job of it then! A few more pennies we're back to the 200 dma @ 10.06. Last time it hit, the buying stepped in. They should be buying double-fisted at this point!
...PURCHASE, N.Y., July 16, 2015 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (PEP) today declared a quarterly dividend of $0.7025 per share of PepsiCo common stock, a 7.3 percent increase versus the comparable year-earlier period. The dividend is payable on September 30, 2015 to shareholders of record as of September 4, 2015.
The tender offer occurs tomorrow, July 16, so perhaps we'll move up after this concludes. Added a few shares here.
Why would WEN drop so much below the tender share price of the offering? I expected some downside but certainly not to this extent. Wasn't the tender offer $11.45? Shouldn't that already played out dilllution wise?