Tag: Acquisitions/Mergers/Shareholdings

My stepdaughter, 42, hits up her father for $1,000 on a regular basis. It comes out of our joint savings account. How can I stop this?

Dear Quentin, I have a 42-year-old stepdaughter who lives with her 33-year-old fiancé on the West Coast. We live in middle America. She has never...

A Gold Mine Takeover Highlights Increasing Mining-Sector Risk

Canada’s Centerra Gold Inc. invested more than $3 billion over nearly three decades to turn a remote gold prospect in Kyrgyzstan into a prosperous gold...

Dole IPO: 5 things to know about the newly-public fruit and vegetable giant

Dole Plc, the Dublin, Ireland-based fruit and vegetable giant, started trading Friday on the New York Stock Exchange under the ticker ‘DOLE,’ with shares falling...

Shell shares surge after results, driving FTSE 100 higher

London stocks climbed on Thursday, thanks to strong results from oil and gas giant Shell, which announced a $2 billion share buyback plan, with mining...

U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon

The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who...

IBM stock gains after earnings show second consecutive quarter of sales growth

International Business Machines Corp. reported revenue growth for a second consecutive quarter Monday afternoon, beating expectations and sending shares higher in extended trading. IBM  IBM,...

Extra Credit: How debt can mean a tax advantage for some and jail time for others

Hello and welcome back to Extra Credit, a weekly look at the news through the lens of debt!  This week we’re tackling the economic forces...

Krispy Kreme IPO: 5 things to know about the doughnut maker before it goes public

Hot Light Theater Shops and glazed waterfalls are just two mouth-watering features that Krispy Kreme Inc. discusses in its IPO prospectus, which was filed this...

Micron expects memory demand to remain strong, will sell Utah plant to Texas Instruments

Micron Technology Inc. expects memory-chip demand to remain high even as the supply of other types of computer chips meets customer needs, the company said...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

European stocks headed for fourth-straight monthly win, but softer Asian data, holidays weigh

European stocks were headed for the fourth straight month of gains for May, but the month was winding down on a lackluster note Monday after...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

Figs IPO: 5 things to know about the healthcare apparel company before it goes public

Figs Inc., an apparel and lifestyle company for healthcare workers, has filed to take the company public, eight years after the co-founders started the company...

German property giants announce $22 billion merger to ‘tackle’ housing crisis

Germany’s two biggest listed residential property groups, Vonovia and Deutsche Wohnen, have agreed to merge in an €18 billion ($22 billion) deal that will create...

Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Coinbase Global Inc. said Monday it plans to sell $1.25 billion of convertible debt, the same day its stock closed below its $250 reference price...

PayPal sees record earnings, volume amid sustained e-commerce surge

This report has been updated to correct the data on transactions per active account and total transactions. PayPal Holdings Inc. saw a record amount of...

Caesars loses more than $400 million in a quarter, and that is an improvement

Caesars Entertainment Inc. continued to battle its way back from the COVID-19 pandemic at the start of 2021, pushing quarterly losses under half a billion...

Warren Buffett still believes Berkshire Hathaway stock is cheap enough to buy

There’s no bubble in Berkshire Hathaway Inc. shares, as Warren Buffett and Charlie Munger still believe they are cheap enough to spend more than $6...

Virgin Galactic, DraftKings to amend financials post SEC guidance for SPACs

Virgin Galactic Holdings Inc. and DraftKings Inc., two of the biggest names to become public through “blank-check” companies in recent years, said Friday they will...

Opinion: Intel’s new CEO has another big problem to fix

Intel Corp.’s new chief executive, Pat Gelsinger, has another urgent problem to deal with, in addition to restoring the chip giant’s manufacturing business to its...

Coinbase CEO Brian Armstrong raised more than $290 million with share sales, and Fred Ehrsam raised nearly $112 million

Coinbase Global Inc. co-Founders Brian Armstrong and Fred Ehrsam, as well as other insiders, raked in a whole lot of fiat money when the cryptocurrency...

Nvidia steps up competition with Intel and AMD with first data-center CPU, based on Arm

Nvidia Corp. is stepping up its artificial-intelligence competition with Intel Corp. and Advanced Micro Devices Inc. by introducing a new central processing unit to crunch...

The recession is over in all but name. Why a retreat for stocks might be fast approaching, according to Deutsche Bank.

The organization that in the U.S. says whether the economy is in a recession or not seems to be asleep on the job. The National...

SoftBank snaps up $2.8 billion stake in Norway robotics firm

Japanese investment giant SoftBank has agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse automation company AutoStore. SoftBank SFTBY, +4.87% will buy...

Opinion: Oracle’s results may not justify investors’ big cloud optimism

The financial results from Oracle Corp. on Wednesday should have some investors wondering about its current lofty valuation. Oracle ORCL, -0.72% reported fiscal third-quarter results...