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Tax group blasts Pfizer, urges stop to its tax-cutting deal
2016-02-25 20:00:59| Biotech - Topix.net
A consumer coalition is accusing drugmaker Pfizer of seeking to avoid $35 billion in U.S. taxes by buying fellow drugmaker Allergan, a deal structured to nominally move Pfizer's address to lower-tax Ireland, Allergan's home. In a report, Americans for Taxpayer Fairness says that would also slash New York-based Pfizer's future U.S. taxes.
Stanley Black & Decker, Inc. (SWK) Stake Boosted by Neuberger Berman Group LLC
2016-02-25 13:15:00| Appliances - Topix.net
Neuberger Berman Group LLC increased its position in shares of Stanley Black & Decker, Inc. by 4.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,874,542 shares of the company's stock after buying an additional 79,665 shares during the period.
NV Energy part of group challenging solar ballot measure
2016-02-25 11:51:15| Semiconductors - Topix.net
NV Energy is one of the groups behind a legal effort to disqualify a proposed referendum, backed by the solar industry, that would restore a prior rate structure for rooftop solar customers. A spokesperson for the utility confirmed NV Energy's involvement in challenging the measure, which was first reported by Politico.
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Samsung Group's Lee to buy $186 mln worth of shares in group firms
2016-02-25 11:44:45| Chemicals - Topix.net
Feb 25 Samsung Group de facto leader Jay Y. Lee will acquire 230.2 billion won worth of shares in two group companies, boosting his stake in the South Korean conglomerate's de facto holding company amid an ongoing succession process. Jay Y. Lee is acquiring 200 billion won worth of shares in Samsung C&T Corp from Samsung SDI, which on Thursday said it is selling 765 billion won worth of C&T shares to comply with a South Korean regulatory ruling.
Recent Analysts' Ratings Updates for Fossil Group
2016-02-25 10:00:21| Jewelry - Topix.net
2/18/2016 - Fossil Group had its "hold" rating reaffirmed by analysts at Nomura. They now have a $37.00 price target on the stock.
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