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 2023 VinFast VF9. Courtesy of VinFast Investors still relish the appetite for electric vehicle startups backed by SPACs. Just look at the amazing debut of VinFast. The Vietnamese electric car maker began life on Tuesday as a Nasdaq-listed company thereafter Close Its merger with SPAC Acquisition of black spade (Stock ticker: BSAQ). With … Read more
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures pointed lower on Tuesday as an increase in bond yields and growing concerns about the Chinese economy weighed on investor sentiment. Wall Street ended the previous session with gains, led by the best day in two weeks for technology … 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
While most of NextEra’s renewable generation capacity runs on wind energy, much of the current 20 gigawatts of accumulated capacity is in solar energy storage and energy storage. Above, the company’s Sunshine Gateway Solar Center in Welburn, Florida. Kurt Rivers/NextEra Energy font size Wall Street was fascinated by the growth potential of green energy, from … Read more
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