UPDATE 2-Zoetis to cut up to 2,500 jobs, shut storage units May 5- Animal health products maker Zoetis Inc said it plans to cut up to a quarter of its workforce and exit nearly 40 percent of its manufacturing plants in its first major restructuring since being spun off from Pfizer Inc two years ago. The restructuring comes a month after activist investor Pershing Square seated their second nominee on Zoetis's board in...
| By: Vidya L Nathan
A campus brain drain in the US no one talks about US immigration policy discards some of the brightest college grads because they are foreigners, and that is costing our entrepreneurial economy.
| By: John Torrens, Ph.D., founder and president of Liberty POST and a member of the CNBC-YPO Chief Executive Network
UPDATE 1-Zoetis considers selling plants, to shrink Venezuela operations May 5- Animal health products maker Zoetis Inc said it would reduce operations in Venezuela and consider selling or exiting 10 manufacturing sites over the long term. Ackman's Pershing Square Capital Management was Zoetis's biggest shareholder with an 8.35 percent stake as of April 10, according to Thomson Reuters data. Zoetis, which was spun off from Pfizer...
Cramer: Why markets rallied Mad Money host Jim Cramer thinks the Warren Buffett" halo", the notion of a peaked dollar and Wall Street's interest in growth stocks contributed to today's upward momentum.