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In 2012 SAIC was ordered to pay $500 million to the City of New York for overbilling the city over a period of seven years on the CityTime contract. [15] [16] In 2014 Gerard Denault, SAIC's CityTime program manager, and his government contact were sentenced to 20 years in prison for fraud and bribery related to that contract.
The third stock-split stock that can plummet, based on the prognostication of one Wall Street analyst, is semiconductor wafer fabrication equipment company Lam Research(NASDAQ: LRCX). Lam's board ...
The split was structured in a way that SAIC changed its name to Leidos, then spun off the new SAIC as a separate publicly traded company. However, Leidos is the legal successor of the original SAIC and retains SAIC's pre-2013 stock price and corporate filing history.
Second, this would be the first stock split in Chipotle's history, and the share price is getting quite rich. Currently trading at $3,090 per share, there are only four beefier share prices on the ...
This has been one of the toughest runs for the stock market in many years. The S&P 500 recently logged seven straight weekly declines for just the fourth time since 1928 and the first time in ...
SAIC Motor Corp., Ltd. (formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Anting, Shanghai.Founded in 1955, it is currently the largest of the "Big Four" state-owned car manufacturers of China ahead of FAW Group, Dongfeng Motor Corporation, and Changan Automobile, with sales of 5.02 million vehicles in 2023.
The company, which operates a Latin-American-focused e-commerce and payments platform, has a stock price above $1,700 -- making it a prime candidate for a stock split. That said, if history is any ...
A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company ...