J&J’s Kenvo deal may be very popular. What happens if it is.

J&J's Kenvo deal may be very popular.  What happens if it is.

font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion of their J&J stock. Johnson … Read more

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets faltered, adding to this year’s rally during the month of August. The focus on Wall Street this week will be the minutes of the Federal Reserve’s latest policy meeting and … Read more

Did Berkshire Hathaway sell Paramount stock? 13-F filing on Monday will tell.

Did Berkshire Hathaway sell Paramount stock?  13-F filing on Monday will tell.

font size Warren Buffett. Drew Angerer/Getty Images Warren Buffett sounded negative about the outlook Paramount Global on two occasions during the second quarter. Was his suspicion enough about him? Berkshire Hathaway to sell its share? Investors will find out the fate of the stake in the media company (stock ticker: PARA) and other potential changes … Read more

AMC stock drops after court approves ‘APE’ conversion

AMC stock drops after court approves 'APE' conversion

font size Brandon Bell/Getty Images shares AMC Entertainment It was sinking in late trading on Friday after Bloomberg mentioned The company has received approval to proceed with the planned conversion from AMC Preferred Equity, or APE, units into common shares. AMC stock (stock ticker: AMC) fell 27% to $3.83. APE units are up 26%. AMC … Read more