Jim Cramer's Thoughts on Google, Starboard's Investments, and Tesla
Here's what Jim Cramer's watching in the markets Monday, Feb.
Alphabet's Earnings Alphabet reports earnings after the bell Monday, Feb.
Here are 5 things to keep in mind ahead of earnings: 1.
Revenue Growth for Google's Own Sites and Apps 2.
The 'Google Other' Segment's Growth 3.
Traffic Acquisition Cost (TAC) Trends 4.
Forex Pressures 5.
Capital Spending The company is Real Money's stock of the day.
Starboard's New Investments Papa John's got a brand-new chairman.
Starboard Value LP will make a $200 million investment in the troubled pizza chain and the investment firm's CEO will become chairman, the companies confirmed early on Monday, reported TheStreet contributor M.
Starboard, known in the restaurant industry for its 2014 board coup at Olive Garden parent company Darden Restaurants Inc., secured the board chairmanship for its chief executive, Jeffrey Smith, who founded the firm in 2002, Papa John's said in a statement.
But Papa John's isn't the only company that Starboard is interested in.
The hedge fund has also reportedly invested in Bristol-Myers Squibb .
TheStreet's Tony Owusu reported that a phone message to Starboard and phone call and email to Bristol-Myers Squibb to verify and seek comment on the report weren't returned to TheStreet over the weekend.
Bloomberg also reported no official comment from either company.
The report follows last month's news that Bristol-Myers Squibb would buy Celgene Corp.
In a cash-and-stock deal with worth about $74 billion.
Tesla's Monday Morning Purchase Tesla said Monday it will buy Maxwell Technologies Inc.
, a battery technology firm based in San Diego, for around $218 million.
Tesla will pay $4.75 for each Maxwell share, the company said, a 54.7% premium to its closing price Friday of $3.07, and bring the company into the corporate fold as a wholly owned subsidiary, reported TheStreet's Martin Baccardax.
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