Men who speak English fluently earn wages about 34% higher and men who speak a little English earn wages about 13% higher than those who don't speak any English, the report said. According to the report, only 20% of the Indian population can speak in English, and only 4% would be considered fluent.
Clovis Oncology, Inc. (CLVS - Free Report) announced the pricing of its underwritten public offering of common stock worth $5 million. The company priced the shares at $41.00, each. Notably the size of the offering was raised to $205 million from $175 million previously. Clovisâ share price gained 40.1% in 2016 compared with Zacks classified Medical-Biomedical and Genetics industryâs fall of 24.7%. Coming back to the latest release, Clovis will provide underwriters with an option to procure up to 750,000 additional shares of its common stock within 30 days.
Yahoo sold about $5.1 billion worth of Alibaba shares in the Chinese e-commerce giantâs IPO on Friday. Bloomberg News. As Alibaba shares soared in their first day of trading on Friday, the value that investors are placing on Yahoo âs core business was sliced in half to about $6.8 billion.Thatâs because Yahoo still owns a large chunk âabout 400 million shares â of the e-commerce giant after the IPO.libabaâs shares rose 38% on Friday, while Yahooâs shares fell about 2.7%, so even more of Yahooâs market capitalization is made up of non-core assets. Yahoo made about $5.1 billion in cash, net of taxes, from the sale of shares in the Alibaba IPO.