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
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It fell 41% on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more
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
Consolidation may be coming to the US steel industry. Ina Fassbender/AFP via Getty Images font size Investors should prepare for volatile trading in steel stocks to start a new week. Steel company built by Andrew Carnegie JPMorgan You may not be independent for much longer. Sunday, United States Steel (Stock ticker: X), the steelmaker founded … Read more
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
font size Stocks that could benefit from a steeper yield curve include Generac Holdings, Alphabet, and Pool Corp. and Target (above). Christopher Dilts/Bloomberg The bond market is trying to send a message to investors. Much depends on how they interpret it. In recent weeks, the yield on 10-year Treasury notes Has risen to 4.15%, an … Read more