Pfizer To Sell Billions Dollar Subsidiaries Off To The Highest Bidder
Drug manufacturer Pfizer is planning to continue to sell products for the animal and baby food industry, but all other business operations will be sold off. The company makes an estimated $12.9 billion a year selling prescription drugs across several different sectors, but executives believe that their business can by streamlined by focusing on the [...]
The Financial Services Authority Investigating Several UK Banks
Banks are required to enact certain protocols that will prevent customers from laundering money, but in the UK, several banks have been accused of having lax standards. Customers with verifiable income can usually open accounts, apply for loans and make large deposits without having to account for their money. On the other hand, off-shore companies [...]
Stock Market Slump Expected To Turnaround
Stock prices on the Dow Jones, S&P and NASDAQ have been in free fall for a number of major corporations, however, finance experts believe that the market will begin to turn around by the end of the summer. In total, the markets have seen a loss of approximately 7%. With several companies in the quiet [...]