A successful Porsche IPO could unlock value at Volkswagen, an emerging Tesla rival. Here, a 2022 Porsche Taycan GTS Hockenheimring edition is being painted. Porsche Text size With the exception of Tes...
Tag: Share Capital
T-Mobile Stock Buyback Is Here. There’s More Where That Came From.
Text size T-Mobile management has said the company could direct some $60 billion toward share repurchases between 2023 and 2025. David Paul Morris/Bloomberg T-Mobile US announced a $14 billion share r...
Asana stock rallies more than 10% after beat-and-raise quarter
Asana Inc. shares rallied in the extended session Wednesday after the collaboration-software company raised its outlook for the year, following results that topped Wall Street expectations, and disclo...
UiPath stock drops 15% after outlook cut
UiPath Inc. shares dropped in the extended session Tuesday after the “software robot” provider reduced its forecast for the year due to foreign currency headwinds and macroeconomic uncertainty. UiPath...
Tesla Stock-Price Targets Are Rising After the Split
Text size Wall Street thinks Tesla is worth roughly $900 billion, as implied by average price targets. Justin Sullivan/Getty Images Wall Street price targets for Tesla stock are creeping up after the ...
Ryan Cohen’s Bed Bath & Beyond Stock Sales Highlight Gray Area in Disclosure
WASHINGTON—Investor Ryan Cohen might have run afoul of disclosure guidelines in his surprise sale of Bed Bath & Beyond stock this month, securities lawyers said, but regulatory action against him ...
Porsche Could Be Worth as Much as All of Volkswagen in an IPO
Text size An IPO of the Volkswagen-controlled Porsche brand could come in September. Porsche Porsche’s initial public offering is getting close. It’s going to be big. Friday, Bloomberg reported that P...
Tesla Stock Splits Today. Here’s What Could Happen Next.
Text size Tesla Patrick T. Fallon/AFP via Getty Images Tesla ’s three-for-one stock split has arrived. And shares are up since the company declared the split in early August. Now the question is what ...
When Is Tesla’s Stock Split, and What Does It Mean for Investors?
Tesla will split its stock this week, the latest megacap company to divide its highly priced shares this year in a bid to make them more accessible to investors. Stock splits have declined in populari...
Palo Alto Networks stock leaps following strong outlook that CEO terms ‘prudent’
Palo Alto Networks Inc. shares surged in the extended session Monday after the cybersecurity company not only said its forecast, which topped Wall Street estimates, was “prudent” given macroeconomic u...
Palo Alto Networks Stock Soars on Strong Earnings and Three-for-One Stock Split
Text size Palo Alto Networks has followed other high-profile tech companies in splitting its stock. David Paul Morris/Bloomberg Demonstrating the continued strong demand for cybersecurity software, Pa...
Airlines pushed by labor unions to spend money on hiring rather than on stock buybacks
DALLAS (AP) — Labor unions are pressuring U.S. airlines not to buy back their own stock but instead spend the money on hiring more workers and fixing problems that caused widespread flight delays and ...
Weber stock enjoys best day ever as traders bet on it being the next meme stock
Weber Inc. shares enjoyed their biggest daily bounce ever Thursday, on record volume, as investors seemed to bet on the grill maker becoming the next meme stock. Weber WEBR, -6.20% shares finished the...
China’s GigaCloud Goes Public in U.S., Bucking Delisting Trend
E-commerce company GigaCloud Technology made its debut on the Nasdaq Stock Market on Thursday, a rare instance of an initial public offering by a Chinese company in the U.S. as the two countries head ...
What Investors Need to Know About AMC’s APE Units: A Stock ‘Split on Steroids’
Updated Aug. 17, 2022 4:35 pm ET Listen to article (1 minute) AMC Entertainment Holdings Inc. outlined plans this month to issue a special dividend, sending its shares soaring and stoking enthusiasm a...
It’s the Record Date for the Tesla Stock Split. What That Means.
Text size Tesla is about to split the stock three for one on Aug. 24. Shares will trade at the new price on Aug. 25. Patrick T. Fallon/AFP via Getty Images The Tesla three-for-one stock split is appro...
Want a Deal on Tesla Stock? Become an Employee.
Text size Tesla’s employee stock purchase plan allows workers to purchase shares with up to 15% of their total compensation at 85% of the prevailing stock price. Andrew Caballero-Reynolds/AFP vi...
Stock-buyback tax to be signed into law under Democrats’ climate change and health care bill
WASHINGTON (AP) — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corpo...
Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon
Text size Warren Buffett’s Berkshire Hathaway made modest stock purchases in the second quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway added to its stakes in Apple , C...
When Is Tesla’s 3-for-1 Stock Split?
Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders wi...
Corporate Tax Hikes Are Coming. What It Means for Investors.
Illustration by Elias Stein Text size Washington is about to ratchet up the tax burden on companies, but the stock market doesn’t seem concerned. The Inflation Reduction Act, which was approved by Con...
An investor’s guide to the Inflation Reduction Act — and what the bill means for your portfolio
If investors thought they were finding their footing in a volatile stock market, a new tax, climate and healthcare spending bill from Capitol Hill might have them trying again to regain their stabilit...
Tesla’s Stock Will Split on Aug. 24
Illustration by Elias Stein Text size Tesla has given investors something to look forward to this coming week: a three-for-one stock split. As of the close of trading on Aug. 24, Tesla shareholders wi...
Pfizer, Moderna Take Different Paths as Vaccine Boom Ends
Pfizer is trying to add $25 billion to its 2030 revenue through acquisitions. Dan Kitwood – WPA Pool/Getty Images Text size Pfizer ’s $5.4 billion deal to acquire the biotech Global Blood Therap...
Opinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is ...
Tesla Stock Is Splitting. When It Takes Effect and Everything Else to Know.
Text size Tesla stock will begin trading at a 3-for-1 split-adjusted price on Aug. 25. Justin Sullivan/Getty Images Tesla has given investors something to look forward to: The electric-vehicle giant a...
5 Things to Watch in the Inflation Reduction Act of 2022
Text size Democrat and Senate Majority Leader Chuck Schumer. Drew Angerer/Getty Images Senate Democrats are getting closer to passing the Inflation Reduction Act of 2022. The Senate was set to vote o...
Berkshire Hathaway Beats Estimates for Second-Quarter Profits
Text size Berkshire Hathaway CEO Warren Buffett added slightly to stakes in Apple and Chevron. Andrew Harrer/Bloomberg Berkshire Hathaway ’s operating profits rose 39% in the second quarter, topping e...
What a Buyback Tax Means for Apple, Meta, and Microsoft
Text size Arizona Democratic Sen. Kyrsten Sinema Drew Angerer/Getty Images Democratic party leaders struck a deal with moderate holdout vote Sen. Kyrsten Sinema, moving their climate and healthcare bi...
New Buyback Tax Will Force Companies to Think Twice on How to Use Cash
In the scrap over how to fund President Joe Biden’s spending plans, the Democrats’ focus has shifted from taxing private funds to public at the last minute. Sen. Kyrsten Sinema (D., Ariz.) backs dropp...
Musk Thinks Tesla Can Be World’s Most Valuable. Stock Split Is Part of the Plan.
Text size Spencer Platt/Getty Images Tesla ’s 2022 annual shareholder meeting has wrapped up. Investors voted on several issues, including an item that authorizes a higher number of shares outstanding...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
BERLIN—Volkswagen AG largest shareholder, Porsche Automobil Holding SE said it would acquire 25% plus one additional share of the voting stock in Porsche AG when VW lists the sports-car brand, which c...