Articles

CVS’s stock rises nearly 3% on report of meeting with large hedge fund Glenview Capital

Gathering signals potential changes to improve shareholder value after the company’s weak stock performance.

Chicago business-activity index remains in contraction territory for 10th straight month

The Chicago Business Barometer, the gauge of business activity also known as the Chicago PMI, rose to 46.6 in September from 46.1 in August. 

Carnival’s stock drops as downbeat net yields outlook offsets record revenue

Carnival’s stock took a hit Monday, after the cruise operator reported record fiscal third-quarter revenue that beat expectations, but provided a downbeat outlook for net yields in the current quarter.

Emerging markets have surged. Why JPMorgan says it’s too early to buy for the long term.

Emerging market rally should be faded until after the election says JPMorgan

Ports strike could have $4 billion daily impact, but these container stocks are well positioned

An impending strike at U.S. East Coast and Gulf ports poses a potential daily cost of $3 billion to $4 billion to the U.S. economy, Jefferies said.

News Corp’s REA gives up on pursuit of Rightmove after four rejections

After four rejections, Australia’s REA on Monday finally gave up its pursuit of Britain’s Rightmove.

GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit-margin view

Stellantis warns of more intense competition from China.

AMC’s stock rises as movie-theater chain shaves almost $153 million off debt load

AMC shares were up in premarket trading Monday after the movie-theater chain said it has shaved almost $153 million off its debt load. 

Harris and Trump tied in race for crypto voters, new poll shows

Digital-asset holders are concentrated in swing states.

KinderCare seeks $600 million in initial public offering

KinderCare, which describes itself as the largest provider of community-based early childhood education centers in the United States by center capacity, plans to offer 24 million shares at an estimated price range of $23 to $27 a share.

Verizon’s stock heads for a 2-year high after $3.3 billion tower deal

Verizon’s stock was rising toward a two-year high Monday, after the telecommunications company announced deal valued at $3.3 billion to lease out its wireless-communications towers.

Use the presidential election to teach kids about politics — not partisanship

A new generation of voters need to know the basics of government to become informed, engaged and happier citizens.
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