Cramer's Mad Money Recap 5/10: Upstart, Crocs, Biohaven Pharmaceuticals
Jim Cramer says that when the facts change, investors need to change their strategies.
Aecom Initiates Dividend, Reiterates Guidance and Buyback Plan
Construction and engineering firm Aecom initiated a quarterly dividend of 15 cents a share.
Aecom Shares Rise on Report of Takeover Interest from WSP Global
A deal might value Aecom in the mid-to high-$50s a share, an analyst says, according to Bloomberg.
Aecom Rises After Engineering Giant Announces Sale of Key Unit
The engineering and construction services giant says it will use the cash generated by the sale of its management services unit to pay down debt and buy back shares.
Aecom Rises as Shareholder Letter Calls for 'Strategic Review'
Shares of Aecom rise after one of the engineering company's largest shareholders sends a letter to the board calling for a strategic review of the company's assets to unlock value.
Tesla Stock Slides On Reports of California Layoffs, Office Closure
Tesla has reportedly closed its San Mateo office, and laid off 200 employees, as it begins a wave of cost cuts throughout the carmaker's global operations.
Disney Stock Lower As Board Extends Contract of CEO Bob Chapek
"Bob is the right leader at the right time for The Walt Disney Company, and the board has full confidence in him and his leadership team,' said Disney chair Sue Arnold.
Bed Bath & Beyond Stock Plunges On Q1 Loss, CEO Mark Tritton Exit
"After thorough consideration, the Board determined that it was time for a change in leadership," said independent director Harriet Edelman.
Pinterest Stock Slumps As CEO Ben Silbermann Steps Down To Make Way For Former Google Executive Bill Ready
"I've learned firsthand that it is indeed fun to do the impossible," said co-founder Ben Silbermann. "And with Bill as our CEO, I know that the fun is just getting started."