How Stock Spinoffs Work: Section 355 Tax-Free Explained
Spinoffs detach a subsidiary into its own public stock. Here’s how Section 355 keeps the deal tax-free, plus the FedEx Freight playbook.
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FedEx Q4 Preview: First Earnings After the Freight Spinoff
FedEx reports Q4 FY26 on June 23 — the first print without FedEx Freight. Street sees $5.80 EPS, down 4.5% YoY. What investors are watching.
Black-Scholes Explained: How Options Are Priced
The Black-Scholes options pricing model, in plain English: the formula, the five inputs, a worked example with verified numbers, and where it breaks.
Nvidia’s $80B Buyback and 25x Dividend Hike, Explained
Nvidia returned $20B in Q1, added an $80B buyback authorization, and lifted its dividend 25x – even as it zeroed China out of its outlook.
Quantinuum Sets QNT IPO at $45-$50; Targets $12.7B Cap
Quantinuum’s amended S-1 sets QNT IPO at $45-$50 per share on ~21M shares, implying a $12.7B valuation and up to $1.05B in proceeds. Here’s how it stacks up.
Stock Buybacks Explained: Mechanics, EPS Math, Taxes
How share repurchases actually work — open-market vs ASR vs Dutch auction, the EPS math that drives them, SEC Rule 10b-18, and the 1% excise tax.