Question-and-Answer Session Operator Operator Instructions. Our first question comes from Mark Mahaney with Citigroup. Mark Mahaney – Citigroup On the materiality on both the UK launch and the pets vertical, the pets offering, anyway to help us think about how big that can be, what kind of margin...
Today there were a couple of posts about how tech stocks are currently especially attractive because they hold plenty of cash and tend to have little debt. Paul Kedrosky initially caught my eye with his post "Tech Cash is King" which in turn pointed me to a story on Bloomberg by Eric Martin. I ran a screen tonight that looked at both cash and debt. Specifically, I screened for a Price-to-Cash ratio under three, a Debt-to-Equity ratio under three and a Market Cap greater than $2.5 million. Based on these criteria, I obtained a list of 136 stocks. Judging from our list, it is absolutely true that many tech stocks do seem to have lots of cash and little debt. What also became apparent as I went through the list is that there[More...]
Shares of WebMD Health Corp. [WBMD] spiked 23%, to $18.69, on news Monday that HLTH Corp. [HLTH], which owns 84% of the online health information service, has killed a $2.31...
IMCL has announced reaching a definitive agreement to be acquired by LLY for $70 per share in a cash tender offer transaction. An IMCL press release states the following[More...]
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