Porsche rose about 4% Thursday to €86 a share in the stock’s trading debut on the Frankfurt stock exchange. The much anticipated Porsche initial public offering raised about €9.4 billion ($9.2 billion...
Tag: Corporate
Altria to Invest in Rival Vaping Products. Ends Noncompete Agreement With Juul.
Altria on Friday said it’s looking to end its noncompete agreement with Juul, the e-cigarette maker in which it owns a stake. This will give the maker of Marlboro cigarettes a chance to start up its o...
Arrival Stock Soars. It’s Got Plans for Microfactories to Build EV Vans.
Shares in Arrival were rising in early trading after the company said it had produced a vehicle in one of its microfactories for the first time. The milestone is a welcome boost for the embattled elec...
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon Mobil is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing that restricting shipments would further squeeze global supplies and lift pump ...
Here’s why investors should start betting on Apple and the stock market now
Sometimes it pays not to dismiss market lore. They said September was usually bad. They were right. The S&P 500 SPX, -2.11% will enter the last trading day of the month having shed 7.95%. Worries ...
Opinion: Micron earnings suggest the chip downturn could be worse than Wall Street expects
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip...
Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.
This year nearly every type of security has declined — bad news if you look at your portfolio’s value each day and have difficulty sleeping at night. On the other hand, it’s good news if you’re lookin...
How to Build a Bond Ladder for Income
While stock prices typically rise and fall from year to year, bond prices have historically been quite stable. Yet 2022 is shaping up to be a year of infamy for fixed income. Since bond prices move in...
Defamation lawsuit against Fox News, Lou Dobbs can proceed to trial
NEW YORK — A defamation lawsuit against Fox Corp. FOX, +1.58%, Fox News Network and Lou Dobbs can proceed toward trial, a judge ruled Monday after concluding that a Venezuelan businessman had made suf...
Verizon hasn’t been a very defensive stock lately, but here’s how things could flip
Telecommunications stocks are said to be defensive, but Credit Suisse analyst Douglas Mitchelson wrote that Verizon Communications Inc. hasn’t quite lived up to that billing lately. The stock has narr...
Buffett’s Berkshire Might Have Bought More Occidental Stock After the Dip
A recent decline in Occidental Petroleum share price could have prompted Berkshire Hathaway to add to its large stake in the big energy company. Berkshire Hathaway (ticker: BRK.A, BRK.B) holds 188.4 m...
Intel Introduces Videogame Graphics Chips to Challenge Nvidia
Sept. 27, 2022 3:02 pm ET Listen to article (2 minutes) Intel plans to start selling graphics chips for videogamers next month, aiming to get a piece of a lucrative market dominated by competitors Nvi...
Medicare premiums are decreasing in 2023 – this is how much older Americans will save if they’re on Part B
Medicare beneficiaries will see their Part B premiums go down for the first time in more than a decade, President Biden said during a White House event on Tuesday. Monthly Part B premiums, which are ...
Tesla Q3 Delivery Results Are Coming. What to Watch For.
Tesla third-quarter delivery results are coming, and while calling the Q3 delivery figure will be tough, calling the stock price reaction will be even harder. Given all the crosscurrents in the econom...
Toyota Softens Toward Critics of Its EV Push
Sept. 25, 2022 5:33 am ET Listen to article (2 minutes) Toyota Motor wants to meet with critics who say it is behind rivals in the race for greener cars, nearly a year after the auto maker pledged to ...
Rivian Gets Another Buy Rating. Why Analysts Are Overlooking Ford.
Text size Rivian and Ford have a lot of strategic similarities. Courtesy Rivian Electric truck maker Rivian Automotive picked up a new Buy rating, but the optimism for leading EV start-up stocks just ...