Qualcomm has agreed to buy NXP Semiconductors (NASDAQ:NXPI) in a deal that values the chip maker at $110 a share, or $47B, including debt, as it seeks to expand the reach of its chips from phones to cars. “The combined company is expected to have annual revenues of more than $30B, serviceable addressable markets of $138B in 2020 and leadership positions across mobile, automotive, IoT, security,....more>>>
American Express (AXP) is stuck between a rock and a hard place. As it battles MasterCard (MA) and Visa (V), American Express can either try to match their rewards–which will damage its returns–or stand its ground, which will make it hard to compete. Evercore ISI’s David Togut and team explain:
Credit card rewards continue to spiral skywards asAmerican....more>>>
Beer Man is a weekly profile of beers from across the country and around the world.
This week: Shiner Cold-Brew Coffee Ale
Spoetzl Brewery, Shiner, Texas
Spoetzl is celebrating 108 years of brewing with its Cold-Brew Coffee Ale, the latest in its Birthday Beer series. For those not familiar with the brewery, it is known for its Shiner brand of beers.
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Valeant CEO Joe Papa
Many moons ago, I was assigned to help an internal client analyze a $10 million acquisition; I had drawn the short straw. My advice was to structure the transaction as an asset sale because the risk attached to the stock would be multiples of the purchase price. Of course, the seller wanted a stock sale with a $10 million indemnification. My....more>>>
There is a very positive sentiment in the health care sector considering the new Trump administration that will be taking over in just two weeks. The health care sector was in trouble over the past year, under fire from congressional hearings and politicians on the campaign trail. But 2017 could be different for this sector. It is very possible that this new administration could lead to....more>>>