Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...
Tag: Corporate Actions
Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential
Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...
Altria deepens push into vape biz with two deals
Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...
Hertz Warrants Offer a Good Alternative to the Stock. How to Play It.
Bulls on Hertz Global Holdings should consider the rental car company’s unusual and attractively priced warrants, which offer an alternative to Hertz common shares. First, some details on Hertz Global...
Capital Gains and Dividend Tax Rates for 2022-2023
Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...
AMC Stock Falls After CEO Warns Company Could Be Forced to Sell More ‘APEs’
AMC Entertainment stock closed down sharply Wednesday in the wake of comments from the CEO that the firm may be forced to sell more stock for less money if shareholders don’t approve measures that all...
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China a...
Opinion: Marc Benioff’s Salesforce fairy tale is crumbling down around him
Salesforce Inc. has been a unique tech company, able to sell itself as a “family” that has higher ideals than just profit to its employees while generating near-universal praise from Wall Street as we...
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
For Nvidia Stock, It’s Game On!
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
PayPal’s Outgoing CEO Dan Schulman Buys Up Stock
PayPal Holdings stock has lost all of its gains from the pandemic era, when homebound shoppers used its services to buy online. The financial-services company’s outgoing president and CEO Dan Schulman...
Thomas H. Lee, Leveraged-Buyout Pioneer, Dies of Apparent Suicide
Private-equity pioneer Thomas H. Lee died unexpectedly at 78, his colleagues and family said late Thursday. New York Police Department officials said first responders to an emergency call Thursday mor...
Intel Cut Its Dividend. Home Depot, McDonald’s, and Other Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Intel Cut Its Dividend. These Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Intel Stock Looks Better After the Dividend Cut, Says Morgan Stanley
Morgan Stanley is getting more optimistic about Intel stock following the chip maker’s decision to reduce its dividend. Earlier this week, Intel (ticker: INTC ) announced a 66% dividend cut, reducing ...
Intel stock has fallen enough, Morgan Stanley says in upgrade
Intel Corp.’s dividend cut helped earn the stock an upgrade Thursday, as Morgan Stanley now sees “limited downside” for the beaten-down name. Morgan Stanley’s Joseph Moore bumped his rating on Intel’s...
20 income-building stocks that numbers say may become elite Dividend Aristocrats
Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years. Now it is time for a fo...