The Strategist
Companies & CEOs

Why would Apple replace Intel’s chips with its own? - 04/03/2018

Quotes of Intel fell 9% after Bloomberg reported that Apple would refuse the partnership with the supplier of chips for Mac computers. Apple will begin to switch to the chips of its own production since 2020, starting with the PC sector, and then integrating them into their smartphones. At the moment, Apple uses its own chips in the iPhone, iPad, Apple TV and Apple Watch. A new initiative called...

China introduces large-scale duties on goods from the US - 04/02/2018

China's previously announced response to imports from the US has entered into force on Monday. Beijing is urging Washington to negotiate in order to prevent even more damage to relations in the sphere of trade, Reuters reports. The US did not respond to China's request on March 26 to hold consultations on US duties on steel and aluminum, the Ministry of Commerce of the PRC says in a statement....

SoftBank wants to buy a stake in Swiss Re for $ 9.6 billion - 03/30/2018

Swiss Re AG shares jumped after Bloomberg reported that the Japanese SoftBank Group Corp. is approaching the purchase of a 25% stake in the Swiss reinsurer, valuing the company at 37 billion francs ($ 39 billion). In case of acquisition of a stake in Swiss Re, the founder and general director of SoftBank Masayoshi Son could support his business empire due to stable cash flows from reinsurance....

Rumors that Trump has a grudge against Amazon crushed the company's shares - 03/29/2018

Quotes of Amazon fell more than 5% after media reported about the "obsession" of US President Donald Trump with an idea to increase the tax burden on the company. The reason for the sharp decline in the shares of the world's largest Internet trading company in was a publication Axious magazine. The magazine, referring to anonymous sources allegedly close to Trump, told that the American president...

GlaxoSmithKline to spend $ 13 billion to purchase Novartis stake in JV - 03/27/2018

The largest British pharmaceutical company GlaxoSmithKline Plc (GSK) on Tuesday announced repurchase of share of the Swiss Novartis AG in their joint venture over-the-counter drugs for $ 13 billion. According to the companies, GSK will receive 36.5% of the joint venture established in 2015. The payment will be made in cash. After completion of the transaction, 4 out of 11 JV directors appointed...

Dropbox IPO: Yet another unicorn for the hungry market - 03/26/2018

High demand from investors allowed the cloud service Dropbox to assess their shares above the already increased previously range on the eve of the IPO. After the start of trading on Friday, the company's capitalization jumped by almost 50%. Cloud service Dropbox debuted on Friday at NASDAQ. On the eve, the price of one share of the company was set at $ 21, which is higher than the price band $...

British De La Rue loses the contract to produce UK passports - 03/23/2018

The British company De La Rue, produces banknotes, stamps, stamped paper and passports for many countries of the world, reported that it failed to win a contract for printing new British passports, which will be issued after the United Kingdom leaves the EU. The French-Dutch company Gemalto is called the most likely manufacturer. Supporters and even many opponents of Brexit first thought this was...

How Amazon became the second company in the world after Apple - 03/21/2018

The world's largest online retailer, the Amazon corporation, is now priced more than Alphabet, which owns Google. The company of Jeff Bezos reached the second place in the list of the most expensive corporations in the world, behind only Apple. Jeff Bezos himself became the richest man in the world, bypassing Bill Gates and other multibillionaires. According to data at the close of trading on...

Facebook loses $5 bln thanks to data leak - 03/20/2018

Shares of Facebook fell by more than 7% after reports that the British analytical company Cambridge Analytica illegally received personal data from social network users to compile psychological portraits of US voters, MarketWatch reports. At the beginning of the trading session on the New York Stock Exchange, shares of Facebook fell by 6.03%, reaching $ 173.43. In total, they lost 7.81%, which...

Saudi investment fund to buy a stake in American Endeavor for $ 400 million - 03/19/2018

The Saudi Arabian Sovereign Public Investment Fund (PIF) will acquire a $ 400 million stake in the US Endeavor, the world's largest agency for hiring show business representatives. This is reported by Bloomberg referring to sources familiar with the situation. According to the agency's interlocutors, the deal is scheduled to close on March 19, the day before Saudi Crown Prince Mohammed bin Salman...
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