Text size Nasdaq-listed Antares Pharma is being bought by Halozyme Therapeutics in a deal valued at $960 million. Michael Nagle/Bloomberg Shares of Antares Pharma surged more than 47% in premarket tra...
Tag: Corporate/Industrial News
ARK’s Cathie Wood: ‘Private markets get it,’ but disruptive tech is beaten-up in the stock market
When it comes to valuing disruptive innovation, private markets seem to understand the opportunity better than the stock market, according to Cathie Wood, founder and chief executive of ARK Investment...
Procter & Gamble hikes dividend by 5%
Procter & Gamble Co. PG, -0.30% said late Tuesday its board approved a 5% dividend hike for its 66th straight year of dividend increases. The consumer products maker said it will pay a quarterly d...
The end of one-chip wonders: Why Nvidia, Intel and AMD’s valuations have experienced massive upheaval
It wasn’t too long ago that Intel Corp. was the unquestioned king of U.S. chip makers and the largest semiconductor company by market capitalization. It’s also not long since most computing was done w...
Warren Buffett Showed Tough Negotiation Skills in Alleghany Deal
Text size Warren Buffett Drew Angerer/Getty Images Warren Buffett is known as a tough negotiator, and that was apparent in Berkshire Hathaway ’s negotiations to buy the insurer Alleghany when the Berk...
Cisco Stock Slumps. It Faces Competition From Arista and Juniper, Analyst Says
Text size Cisco Systems logo Gabriel Bouys/AFP via Getty Images Shares of Cisco Systems were falling Tuesday after the networking hardware and software giant was downgraded to a Sell by Citi. Analyst ...
CarMax’s Awful Earnings Send a Warning to All Car Stocks. Here’s What to Know.
Text size Cars sitting in the parking lot are reflected in the windows of used car retailer CarMax. Yana Paskova/Getty Images Used car giant CarMax delivered an earning miss that has sent the stock lo...
2 things all the financial advisers I talked to told me — that I don’t like
How to find the right financial adviser for you. Getty Images/iStockphoto Question: I’m about three years from FIRE (Financial Independence, Retire Early) status and have been looking at placing a por...
Why Schlumberger and Other Oil Services Firms Are Early in Their Comeback Story
Text size Schlumberger well service trucks. A Piper Sandler analyst thinks Schlumberger stock could rise 29%. Dreamstime Companies producing and selling oil have been the most prominent beneficiaries ...
AT&T Cut Its Dividend With the Spinoff. Why It’s Still Generous.
Text size AT&T’s dividend commitment will total around $8 billion annually. Dreamstime AT&T has officially spun off its media business, with Warner Bros. Discovery trading on its own for the f...
AT&T Stock Rises After Completion of WarnerMedia Spinoff
Text size AT&T has completed the spinoff of WarnerMedia. Justin Sullivan/Getty Images AT&T wrapped up its WarnerMedia spinoff late last week, and the stock was rising on Monday. The stock jump...
Nvidia Stock Is Downgraded. China and Russia Are Headwinds.
Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia ...
How to Handle the Taxes on the AT&T Spinoff of Warner Bros.
Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...
‘It seems a bit like Lucy pulling the football away.’ Student loan borrowers got another break on payments — what comes next?
President Joe Biden extended the lifeline the federal government has provided to most student-loan borrowers during the pandemic. But that doesn’t mean these borrowers are feeling any more assured of ...
Pfizer’s New CFO David Denton Negotiated One of the Biggest Healthcare Deals in History
Pfizer on Monday named a new chief financial officer with a resume that hints at the company’s plans to spend big with its Covid-19 vaccine windfall. David Denton is taking up the CFO role at Pfizer (...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
China’s Nio halts EV production as COVID lockdowns disrupt its supply chain
Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will ...
Warren Buffett Loves Cheap Stocks. The HP Purchase Is Proof.
Text size Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett is at heart a value investor. Berkshire Hathaway ’s recent investment activity, including the purchase of more th...
Three value stocks that can provide safety as interest rates rise
Stocks have been on a rocky road this year, as investors have tried to anticipate every possible move by the Federal Reserve to combat inflation. Value strategies have held up better than growth strat...