Best Buy (BBY) wants to be Seniors BFF in health care! Expanding into home healthcare technology, remote monitors and predictive wearables, Best Buy plans to help Seniors age at home by “Building the New Blue: Chapter Two.” Healthcare by Acquisition Best Buy historically known for growth without acquisition, started the healthcare push in 2018 by acquiring Great Call. Specializing in emergency-response devices for the aging, … Continue reading The Doctor is In at Best Buy!
Elliott Management, a hedge fund, announced September 9, 2019, it owns $3.2 Billion in AT&T (T) https://investors.att.com/ stock. The stock closed 09/9/19 @ $37.91, up just 52¢. The hedge fund stated it hopes to trim assets to improve the business to realize a historic increase in value of at least $60 per share. Elliott Management is critical of the $104 Billion takeover of Time Warner’s … Continue reading Take the Letter T’s (Time Warner and Turner) Out of AT&T ?
Pfizer’s fertile days were over with Viagra when they lost a portfolio of drugs no longer protected by patents. In the aftermath of generic launches by Mylan (MYL) and Teva (TEVA), Viagra sales plunged 73% in 2018. History Pfizer Inc. (PFE),https://investors.pfizer.com/investors-overview/default.aspx one of the biggest pharmaceutical companies in terms of market value, was started in 1849 by cousins Charles Pfizer and Charles Erhart from Germany … Continue reading Can Pfizer Perform Without Viagra?
In 1971 Frederick Smith founded FedEx (FDX) with $84 Million of loans and inheritance. In 2 years when FedEx’s funds dwindled to $5,000, Smith was desperate and impulsively flew to Las Vegas and played blackjack with the last $5,000. Amazingly, he turned the $5,000 into $27,000 for one more week of operation and motivation to obtain more financing. About FedEx FedEx Corp http://investors.fedex.com/investor-home/default.aspx with annual … Continue reading FedEx Still a Blackjack Gamble ?
Domino’s Pizza and Ford Motor Co. announce a second round of self-driving delivery vehicle testing. History In 1960 Tom Monaghan and his brother, James, purchased “DomiNick’s” pizza in Ypsilanti, Michigan. Monaghan borrowed $900 to buy the store. A year later, James traded his half of the business to Tom for a Volkswagen Beetle. Tom Monaghan in 1965 renamed the business “Domino’s Pizza, Inc.” (DPZ) https://dominos.gcs-web.com/ … Continue reading Pizza Behind the Wheel of Domino’s Deliveries!
In The Ring The U.S. drugstore market is dominated by CVS https://investors.cvshealth.com/investors/default.aspx and Walgreens (WBA)https://investor.walgreensbootsalliance.com/home/default.aspx . Walgreens operates 8,100 stores, plus their purchase of Rite Aids (RAD) 1,932 stores. CVS operates 9,700 pharmacies with a more diversified business model as one of the largest Pharmacy Benefits Managers (PBM) and retail health clinics. Mergers and Acquisitions CVS acquisition of Omnicare was an entry in the long-term … Continue reading CVS and Walgreens Duke It Out !
Shopify History Shopify Inc. https://investors.shopify.com/Home/default.aspx was launched in 2006 by a German programmer, Tobias Lutke and his girlfriend. Tobias wrote their own E-commerce for his snowboard shop. Other online merchants wanted to license his software to run their own shops. They quickly realized software had more potential than snowboards. Shopify vs Amazon Shopify (SHOP) makes available a cloud solution for independent Moms who are merchants … Continue reading Shopify Threatens Amazon Online Shopping Growth
Red Hat Society and Red Hat Inc. Continue reading Why Did IBM Buy the Playful Red Hats