Pgs Kps News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Pgs kps. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Pgs Kps Today - Breaking & Trending Today
Not to pursue the spinoff of the shares, roughly 15 of alibaba that it owns into a separate company. That of course is is spinoff thats been planned for the last nine months. Announced early last year. And expected to have taken place early next year. Not going to happen. In fact, now sources familiar with the situation tell me the board has directed the company to examine a spinoff of its core business likely to also include its stake in yahoo japan. A socalled almost reverse spin which would have the effect of leaving the alibaba stake in place. And make sure that all of it would be well, that would be tax free. There would be tax on the spin of yahoo as core business. But it would not be near the potential tax bill that the company faced if its spinoff of the alibaba stake was not deemed to be tax free. And that was the key consideration here for a board here that had firmly adhered to moving ahead with that spin. In recent weeks the number of shareholders had come forward and commu ....
The nasdaq lower by 15 and the s p 500 lower by 7. Andrew . Thank you, michelle. Hope you had a good weekend. Well tell you about the Corporate News as pimco is working to assure clients it has a solid team in place. Thats what they are telling everybody to manage their funds following the very public departure that surprised so many of us of founder bill gross that happened right here on the air on squawk friday. The bond giant has seen 10 billion in outflow since that news first broke. And the wall street journal now saying some are projecting withdrawals could hit 100 billion or more. The ripple effects from gross departure being felt far beyond pimcos doors. In Newport Beach they dropped upon the gross news. Also, meantime pimcos new ceo doug hodge says they are moving away from the founding. In an interview the total return fund run by gross does, in his words, decline pi ....
The u. S. Flying manned surveillance planes over nigeria in an effort to find these young girls. The u. S. Is also helping that countrys government analyze satellite photos. It follows yesterdays release of a photo that shows about 100 of the children. They are reciting the koran. Many believe they may have been split up by their captors. The leader of boko haram also appears in a video with an assault rifle. He says he will free the girls for the release of militant prisoners. Theyre hoping the video will be used to find where the girls are. Our Intelligence Experts are combing over every detail of it for clues that might help in the ongoing efforts to help secure the release of the girls. President obama has directed his team to do everything it can to support the nigerian governments efforts to find these girls. About 50 girls escaped during the kidnapping. Boko haram has threatened to sell them off into slavery or to mar ....