Santee Cooper Bids: One Government Utility, Three Choices

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Santee Cooper Bids: One Government Utility, Three Choices

As we predicted it would yesterday evening, the administration of South Carolina governor Henry McMaster has submitted to state lawmakers its two preferred bids for the future of the Palmetto State’s debt-addled, atrociously managed, scandal-scarred …
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Embattled Wells Fargo gets overhaul from new CEO Charles Scharf

Wells Fargo & Co. is overhauling its reporting lines, Chief Executive Charles Scharf’s first move to stamp out the corporate structure implicated in its fake-account scandal. Continue Reading Below. The bank said on Tuesday that it plans to split its three …
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Air Italy stops flying and goes into liquidation

London (CNN Business) Air Italy has suspended operations after its owners decided to liquidate the company, leaving customers with flights booked after February 25 in the lurch. Italy’s second biggest carrier after Alitalia said Tuesday that the decision to …
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Seattle Genetics, Astellas, and Merck Hit a Bladder Cancer Bullseye

Astellas (OTC: ALPMY), Seattle Genetics (NASDAQ: SGEN), and Merck (NYSE: MRK) have good news for new bladder cancer patients who aren’t eligible for standard chemotherapy. Followup data from an ongoing clinical trial suggests that a combination of …
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Why Diebold Nixdorf Stock Just Dropped 18%

Shares of Diebold Nixdorf (NYSE:DBD) stock plunged in early trading Tuesday, falling 17.8% through 11:45 a.m. EST after the company “missed” on its Q4 earnings report this morning. Analysts had predicted that the ATM maker would earn $0.50 per share in …
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