Text size Blackstone bought PS Business Parks shortly after acquiring American Campus Communities , a student-housing company. Dreamstime PS Business Parks stock soared on Monday after the commercial ...
Tag: shareholdings
Activision Blizzard’s Earnings Miss. Investors Care More About Microsoft Merger.
Text size Microsoft announced plans to purchase Activision Blizzard for about $69 billion, or $95 a share, in January. Patrick T. Fallon/Bloomberg Activision Blizzard stock was dipping on Monday after...
AT&T CEO John Stankey on the Dividend, Inflation, and Why to Buy the Stock
The focus is on 5G wireless and fiberoptic broadband services. DirecTV, WarnerMedia , Vrio, and Xandr all are gone or in the process of being divested. AT&T (ticker: T) completed the spinoff of it...
Berkshire Hathaway Is Likely to Buy Alleghany. No Rival Bids Emerged.
Text size Alleghany’s noninsurance operations include a toy business and a steel fabricator. Dreamstime It looks like Berkshire Hathaway will succeed in buying the insurer Alleghany for $11.6 bi...
AT&T and WBD Stocks Both Look Attractive. Here’s Why.
Text size Barron’s praised AT&T’s Warner Bros. spinoff in a May 2021 cover story. Both stocks are attractive now. Justin Sullivan/Getty Images AT&T has officially closed the book on a tumultuo...
Warren Buffett Says He Is in Great Health With No Plans to Step Down as CEO
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett says he is in excellent health and has no plans to step down as CEO of Berkshire Hathaway as he eagerly anticipate...
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 ...
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...
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 (...
Do I resist refinancing my $160,000 federal student loan at a lower rate in the hope there will be loan forgiveness? What are the chances it will happen?
I graduated from college in 2017 with more than $210,000 in federal student-loan debt thanks to out-of-state tuition, a master’s program, and not fully understanding this cost at that time. I’ve chise...
Warren Buffett’s Berkshire Hathaway Takes 11% Stake in HP
Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc. Berkshire Hathaway has accumulated an 11.4% stake worth $4.2 billion in HP Inc. , the maker of personal computers and printers, ...
Gap stock sinks 18%, heads for lowest close since July 2020
Gap Inc. stock plunged 18% in Friday trading after the company announced Old Navy’s Chief Executive Nancy Green is leaving the role, and the company lowered first-quarter sales expectations. Green is ...