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Business

“J&J plans to split into two companies, separating consumer products and pharmaceutical businesses”

“Health-care conglomerate Johnson & Johnson announced plans Friday to split its consumer products business from its pharmaceutical and medical device operations, creating two publicly traded companies. The news sent shares higher in premarket trading. The separation will sheer off its household products… Continue Reading…

Business, Stocks

“…GE Set the Date for Its Reverse Stock Split.”

“General Electric said Friday that its 1 for 8 reverse stock split will happen on July 30, after the market closes, so on Monday, Aug. 2, the stock will open at around $100 a share. That isn’t a windfall for investors. A person holding… Continue Reading…

Economy

“GE stock turns lower after confirming $30 billion AerCap deal, proposing reverse stock split”

“Shares of General Electric Co. dropped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split… The stock GE, -6.40% swung to a loss of 2.0% in premarket trading, reversing… Continue Reading…

Stocks

“Titan Pharmaceuticals Announces Reverse Stock Split”

“SOUTH SAN FRANCISCO, Calif., Nov. 30, 2020 /PRNewswire/ — Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) (“Titan” or the “Company”) today announced that its Board of Directors has approved a 1-for-30 reverse stock split of the Company’s common stock, which will be effective at 5:00 p.m.… Continue Reading…

Predictions, Opinions, & Comments

Stocks: Short Selling Tip

I never thought about short selling in this way because I don’t short sell. This idea just hit me which seems so obvious that everybody that uses it will benefit when short selling. You know all those “bad companies” that… Continue Reading…

Business

“Office Depot Plans 1-for-10 Reverse Stock Split”

“Office Depot  (ODP) – Get Report said it would execute a 1-for-10 reverse stock split after the close of trading June 30. In an April 28 Securities and Exchange Commission filing, the Boca Raton, Fla., chain had said the increased price resulting from the split would… Continue Reading…

Stocks

“Taronis Technologies stock doubles on massive volume after deciding against reverse stock split”

“Shares of Taronis Technologies Inc. TRNX, +65.56% more than doubled on massive trading volume Thursday, after the fuel generation and water decontamination company said it decided not to pursue a reverse stock split. The stock soared 124% in afternoon trading, but was still… Continue Reading…

Predictions, Opinions, & Comments, Stocks

Penny Stock Watch: Titan Pharmaceuticals (TTNP) Merger? Reverse Stock Split Coming?

“Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) today announced it has entered into a securities purchase agreement with certain accredited institutional investors to purchase approximately $2.2 million of its common stock… The combined purchase price for one share of common stock and each… Continue Reading…

Stocks

“Chesapeake Energy’s ‘very low’ stock price prompts reverse split plans”

“Shares of Chesapeake Energy Corp. tumbled to another record low Wednesday, after the oil and natural gas production company said it was planning for a reverse stock split and that the commodities pricing environment has “further deteriorated” in recent weeks…… Continue Reading…

Stocks

“Inpixon Announces Reverse Stock Split for NASDAQ Compliance”

“…Inpixon (NASDAQ:INPX), a leading indoor data company that specializes in delivering indoor intelligence, today announced that the Company’s Board of Directors has approved a reverse stock split of the Company’s common stock whereby every forty-five (45) shares of its outstanding… Continue Reading…