Articles

International Paper stock rises on report of $15 billion buyout offer by Brazil’s Suzano

IP shares rise by 5% on potential deal that would value the company at a premium

Peloton’s stock soars 14% on report private equity firms are considering a buyout

Peloton was a pandemic success story when stay-at-home mandates encouraged demand for its equipment and software but it has since lost its way.

Instacart’s stock rises on Uber delivery partnership

Loyalty club members will get free delivery on orders of more than $35.

Spirit AeroSystems confirms Boeing talks but stock falls on ‘horrendous’ results

Spirit AeroSystems Holdings Inc. said Tuesday that it was “currently engaged in discussions” with Boeing Co., its largest customer, regarding a potential buyout of aircraft-components maker.

Nikola’s stock falls as revenue dropped to less than half what was expected

Nikola’s stock dropped premarket Tuesday, reversing a brief gain, after the electric-truck maker reported first-quarter revenue that fell to less than half what was expected, offsetting a narrower-than-expected loss.

Invest in Argentina, Musk says in post alongside Milei

Tesla CEO Elon Musk called on investors to back Argentina in a social-media post with the country’s new leader, Javier Milei.

Apple spent $645 billion on buybacks in a decade. These companies were even more effective.

An analysis of the S&P 500 shows that large reductions in share counts over the long term are correlated with good performance for stocks.

Consol Energy sees Baltimore terminal shut through May after bridge collapse

Coal producer Consol Energy Inc. on Tuesday beat analysts’ lowered expectations for its first-quarter profit after the collapse of the Francis Scott Key Bridge in Baltimore shuttered a terminal that will remain closed through May, the company said.

Celsius stock drops 5% in premarket trading after revenue falls short of analyst estimate

Celsius Holdings Inc.’s stock was down by 5% in premarket trading after the energy drink and protein bar maker’s revenue missed the FactSet consensus estimate.

Bloomin’ Brands swings to Q1 loss, is exploring ‘strategic alternatives’ for Brazil business

In a separate announcement, the owner of Outback Steakhouse, Carrabba’s Italian Grill and Bonefish Grill announced that Chief Executive Officer David Deno will be retiring after 12 years with the company, including the last five as CEO.

Saudi Aramco reports profit decline on falling volumes

Saudi Arabia’s national oil company first-quarter profit fell and missed analysts’ forecasts due to a lower volume of crude oil sold and weaker refining and chemicals margins.

WK Kellogg’s stock rises as revenue beats analyst estimates

Cereal giant says margins grew wider.
1 1,048 1,049 1,050 1,051 1,052 2,173