Last night, the Villanova Wildcats won the NCAA men's basketball championship and our own Jim Cramer, who originally hails from Philadelphia, took a moment to celebrate and offer his congratulations to the team.
Shares of Action Alerts PLUS holding Allergan (AGN) fell nearly 15% to $236.55 on Tuesday following new rules from the Treasury Department that seek to prevent tax-inversion deals. Allergan had been in talks with Pfizer (PFE) to merge in a deal valued at $160 billion. Reuters reported Tuesday that Pfizer is looking to abandon the deal as a result of the new rules. TheStreet's Adam Feuerstein offered his take.
Disney's succession planning is looking weak after COO Thomas Staggs announced Monday that he was stepping down from his role. Staggs had been the favored successor to current CEO Bob Iger.
Find comfort in friendship. pic.twitter.com/v4ng7ylHlM¿ Disney (@Disney) April 4, 2016