A previous version of this article gave an incorrect amount for the company’s previous dividend. It has been corrected. Harley-Davidson Inc. HOG, +1.42% late Friday said its board has authorized a div...
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Large U.S. Pension Sells Alibaba, TSMC, MGM Stock. It Bought Harley-Davidson.
One of the largest U.S. public pension plans made big changes in its investments, including Asian tech giants. The New York State Common Retirement Fund cut its investments in Alibaba Group Holding (t...
Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant
Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing b...
Cheap? Maybe. But These Stocks Have Been Dead Money for Decades.
Cheesecake Factory appears to be “running the same play,” wrote J.P. Morgan analyst John Ivankoe in a recent restaurant industry outlook. I don’t think he meant it as a compliment—the stock, he noted,...