Articles

Vector Group’s stock up 6% on deal to be acquired by Japan’s JT Group in $2.4 billion tobacco deal

JT, which makes and sells some of the best-known cigarette brands — including Winston and Camel outside the U.S. — will pay $15 a share in cash, equal to a 29.9% premium over Vector’s 60-day volume-weighted average share price.

This S&P 500 hot streak is actually a warning sign for your stocks

15 consecutive quarters of revenue growth for S&P 500 companies — not enough to support current prices.

U.K. competition watchdog drop probes into Google and Apple app stores

The Competition and Markets Authority said it plans to use new powers given to it in May to address its concerns about abuses of Google and Apple’s dominant market positions

Hedge funds’ early exit from Magnificent Seven stocks helped them navigate summer slump

Hedge funds cut their stakes in the Magnificent Seven in the second quarter, just the tech giants slumped

‘I’m starting to worry’: I’ve got $1.2 million in a 401(k). How do I save more for retirement without buying stocks or real estate? 

“I am not financially savvy at all.”

Walmart sells entire stake in JD.com for $3.6 billion: report

The U.S. retailer has reportedly sold the entirety of its stake in JD.com in order to refocus its efforts on its own Sam’s Club venture

Treasury yields hover near 2024 lows as traders eye jobs revision report, Fed minutes

Bond yields were little changed early Wednesday, as investors awaited what they hope will be confirmation on Friday by Federal Reserve Chair Jerome Powell that interest rate cuts will start in just under a month’s time.

Japan’s exports rise more than expected in July

Japan’s exports rose at a faster-than-expected pace in July thanks to demand for chip-making machines, electronic parts, and cars, Ministry of Finance data showed Wednesday

Kroger offers $10.5 billion in bonds to help pay for Albertsons merger

Supermarket chain Kroger Co. on Tuesday said it was offering $10.5 billion in bonds to help pay for its planned $24.6 billion merger deal with rival Albertsons Cos. Inc.

Toll Brothers raises annual outlook, citing optimism for ‘solid’ housing demand

Luxury homebuilder Toll Brothers posted better-than-expected revenue in its latest quarter and lifted its outlook for the year amid optimism that the housing market will rebound further.

Take-Two shares rise on announcement of ‘Borderlands 4’ release in 2025

The New York video game developer said Tuesday the game marks the fourth mainline title and seventh overall entry in the looter-shooter franchise, which has sold more than 87 million copies.

Five9 to cut workforce by 7% amid efforts to boost profitability

Five9 will reduce its workforce by about 7% as it looks to drive more profitable growth.
1 590 591 592 593 594 2,055