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Following is the unofficial transcript of a CNBC exclusive interview with Kellogg Company (NYSE:K) Chairman & CEO Steve Cahillane on CNBC’s “Squawk Box” (M-F, 6AM-9AM ET) today, Tuesday, June 21. Following is a link to video on CNBC.com: Kellogg CEO Steve Cahillane: Now Is The Opportune Time To Split CompanySARA EISEN: Good morning, Becky and I just want to point out Kellogg’s stock which is sharply higher premarket, liking the news of the split. Joining me now in an exclusive interview with Kellogg Chairman and CEO Steve Kay Helene. Steve, great to have you here for the for this big news. So,...
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Has the Amazon share price resumed its uptrend for good? Q1 2022 hedge fund letters, conferences and more Where To Next For Amazon Shares After Their 20-For-1 Stock Split?Axel Rudolph, Market Analyst at IG comments: "Amazon.com, Inc. (NASDAQ:AMZN), whose 20-for-1 stock split took effect on Monday, is struggling at technical resistance amid weaker retail sales and a gloomy economic outlook. Shares of the e-commerce giant briefly rose in New York after the split, but have been coming off since, still down around 28% year-to-date and suffering alongside companies such as Target which yesterday an...
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Amazon.com, Inc. (NASDAQ:AMZN) shareholders have voted for the company’s 20:1 stock split, effective on 3 June.There are a number of other high-profile potential stock splits expected to take place over the summer, including Alphabet Inc (NASDAQ:GOOGL), GameStop Corp. (NYSE:GME) and Tesla Inc (NASDAQ:TSLA).Q1 2022 hedge fund letters, conferences and more Stock splits intend to reduce the share price to a level that makes it more accessible to retail investors, without changing the value of the company.The stock split shouldn’t make a difference to the overall value of an investor’s holding – t...
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Whitney Tilson’s email to investors discussing why he thinks Apple‘s stock will underperform.Q2 2020 hedge fund letters, conferences and moreApple's Stock Will Underperform1) In three of my e-mails last week (here, here, and here), I discussed bubbles – whether we're in one and how I've correctly identified so many over time.To further explore this topic, let's take a look at tech giant Apple (AAPL). I'm a huge admirer of this incredible company, and I enjoyed attending its annual meeting earlier this year with my cousin and two of his kids, which I wrote about in my daily e-mail at the time. ...
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