UPDATED: Shire finally gets it done, bagging Baxalta in $32B buyout
It took a few months, but Shire ($SHPG) has wrapped a $32 billion deal to acquire Baxalta ($BXLT), providing CEO Flemming Ornskov with the big merger that he has been promising investors.Shire is paying $18 a share plus stock to bag Baxalta in a pact that is worth a total of $45.57 for a share of Baxalta. The deal arrives right on schedule, in a manner of speaking, giving Shire bragging rights to a major buyout as it looks to convince investors of the bright future that lies ahead.The deal gives..>> view originalSaving for retirement becoming more complex
Planning for retirement has taken on new complexity as life expectancy grows and retirees' goals for their golden years expand.Having the financial resources to meet basic expenses and achieve goals has accordingly become more complex.And the so-called "three legged stool" — savings, company pension and Social Security — is no longer realistic for many.Mark Ennes is vice president and wealth management adviser at Merrill Lynch Wealth Management in Merrillville. The companyuses a "Goals-Based Wea..>> view originalApollo Education to Explore Strategic Alternatives
For-profit education company Apollo Education Group Inc. said Monday it is exploring strategic options, as the government places greater scrutiny on for-profit colleges.The company said its board is in discussions that could lead to a change of control of the company, but didn’t offer further details. Apollo’s shares rose 7.9% to $7.11 in...>> view originalHow China could trigger a global crisis
A woman reacts as she checks stock prices at a brokerage house in Fuyang in central China's Anhui province, Monday, Jan. 11, 2016. (Chinatopix via AP)When China sneezes, the rest of the world might not catch a cold, but it does feel bad for a couple of days. The question, though, is whether China is sicker than it seems and how contagiousthatwould be for the global economy.In other words, is China's latest stock market selloff — the Shanghai index lost 15 percent of its value in the past six day..>> view originalNas: Silicon Valley should make products for people of color
Nas is the brand ambassador for Bevel's new electric trimmer made by Palo Alto's Walker & Company.(Photo: Elton Anderson for Bevel)SAN FRANCISCO — Nasir "Nas" Jones, brand ambassador for Bevel's new electric trimmer, says Silicon Valley needs to make more products for people of color — and it needs more diversity.Bevel, the flagship brand from Silicon Valley entrepreneur Tristan Walker, is breaking new ground for people of color but, says Nas, more needs to be done."There have been so many p..>> view originalGas Prices Dropping In Wiregrass & Nation
Click Here to access the online Public Inspection File Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), orfccinfo@fcc.gov. Public File Liaison: Olivia Wareolivia@wtvy.com Statio..>> view original
Monday, January 11, 2016
UPDATED: Shire finally gets it done, bagging Baxalta in $32B buyout and other top stories.
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