Bristol Myers Squibb stock tumbles on cost-cutting initiative

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Bristol Myers Squibb News

Pharmaceutical Company,Workforce Reductions,Drug Development

Bristol Myers Squibb (BMY) shares are trading lower Thursday afternoon following the pharmaceutical company's announcement of several cost-cutting...

) shares are trading lower Thursday afternoon following the pharmaceutical company's announcement of several cost-cutting initiatives. Among the measures were workforce reductions and the termination of approximately 12 drug development programs.Toronto-Dominion Bank is one stock I reversed course on in a big way. The post TD Stock: Why I Reversed Course appeared first on The Motley Fool Canada.

The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions.It paid off nicely to dump stocks nearly a year before the dot-com and housing bubbles burst, B. Riley's Paul Dietrich said. ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance.Shopify stock is an example of a millionaire-maker stock that is likely to continue to thrive in the long run. The post 3 Magnificent Stocks That Have Created Many Millionaires, and Will Continue to Make More appeared first on The Motley Fool Canada.Doctors say capital gains tax changes will jeopardize their retirement.

 

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