Shares of Atlas Corp. jumped nearly 8% in premarket trades on Monday after a buyout group including Atlas Corp. chairman David L. Sokol increased its take-private offer for the container ship and mobile power company to $15.50 a share, up from its Aug. 4 offer of $14.45 a share. Poseidon Acquisition Corp., on behalf of a consortium made up of Sokol, Fairfax Financial Holdings Ltd. , the Washington Family, and Ocean Network Express Pte. Ltd. said the price of $15.50 a share represents Poseidon's
Things are bad. But at least ‘you can eat’ one of these assets.
It's been a rough year for the NASDAQ Composite Index (NASDAQINDEX: ^IXIC), plunging nearly 30% this year. Here are three stocks I'm looking at buying as their long-term opportunities are still intact while their share prices are well off their highs: Alphabet (NASDAQ: GOOG), MercadoLibre (NASDAQ: MELI), and CrowdStrike (NASDAQ: CRWD). Alphabet (formerly known as Google) is a huge conglomerate of businesses, but its primary focus is advertising.
What happened Shares of Novavax (NASDAQ: NVAX) were bouncing back on Tuesday, rising 7.1% as of 12:50 p.m. ET after jumping as much as 14.7% earlier in the day. The gain came after an analyst's downgrade caused the stock to plunge last week.
Intel debuts 13th-generation Intel Core chips amid PC sales slump.
Yahoo Finance Live anchors discuss Tesla’s push to close out its third quarter with a high delivery volume.
Cheap stocks are often cheap for a reason. One of the biggest mistakes novice investors make is choosing a laggard and ignoring a leader simply because the laggard has a lower P/E ratio or a higher dividend yield. A low P/E might be a signal that investors think future earnings will be a lot lower, while an outsized dividend yield could be too good to be true.
Yahoo Finance Live anchors discuss AMC’s decision to sell shares of Ape.
Yahoo Finance Live anchors discuss Morgan Stanley halving its price target on FedEx, Citi lowering its forecast on McDonald's, and Cantor Fitzgerald initiating coverage of Lucid.
As of 11:17 a.m. ET, shares of EV-maker Lucid Group (NASDAQ: LCID) were up 4.9%, while Blink Charging (NASDAQ: BLNK) and ChargePoint (NYSE: CHPT) had climbed 4.7% and 6.8%, respectively. Seeing considerable upside, Cantor Fitzgerald has initiated coverage on the EV stock, assigning it an overweight rating and a $23 price target. On Sept. 15, Citigroup resumed its coverage on Lucid with a buy rating and an even more auspicious price target: $28.
In this article, we will be taking a look at the 10 materials stocks to buy after the Fed’s new policy. To skip our detailed analysis of these stocks, and recent policy measures and their consequences, you can go directly to see the 5 Materials Stocks to Buy After Fed’s Latest Rate Hike. On September […]
Three men, including a father-and-son duo, were criminally charged on Monday with orchestrating a market manipulation scheme that briefly caused the owner of a tiny New Jersey deli to have a more than $100 million market valuation. Peter Coker Sr, 80, Peter Coker Jr, 53, and James Patten, 63, were charged by the U.S. Department of Justice in a 12-count indictment with securities fraud and conspiracy, while Patten was also charged with wire fraud, money laundering and securities manipulation. The U.S. Securities and Exchange Commission filed related civil charges.
The leading cruise line operator has posted 10 consecutive quarterly deficits. It could be different this time.
Visa (V) continues to invest in technology to further boost its already leading position in the payments market and minimize the impact of fraud, and protect consumer and merchant information.
Shares of Tesla (NASDAQ: TSLA) were trading up over 4% earlier this morning before giving back those gains by early afternoon. What probably got the market off on a positive note was a small pullback in interest rates at the start of trading on Tuesday. Long-term U.S. Treasury rates have more than doubled year to date, which has pressured the valuations of expensive growth stocks like Tesla.
The 86-year-old investing legend has spoken. Pay attention.
With a price-to-earnings (or "P/E") ratio of 26.1x The Coca-Cola Company ( NYSE:KO ) may be sending very bearish...
Shares of several tech stocks bounced today after an intense few weeks of selling and as the market tries to determine what will happen to the economy and monetary policy in 2023. Shares of the artificial-intelligence lending-company Upstart (NASDAQ: UPST) traded 4.7% higher as of 12:05 p.m. ET today. Shares of the buy now, pay later (BNPL) company Affirm (NASDAQ: AFRM) traded 4.1% higher, while shares of digital-bank SoFi (NASDAQ: SOFI) traded as much as 4.9% higher before giving up most of those gains, as of this writing.
Hanesbrands (HBI) is battling rising inflationary pressure, which is hurting its margins. The adverse impact of unfavorable currency rates is a headwind.
One side effect of rising interest rates is the recent slide in high-yielding dividend stocks. The market is pummeling some widely held names, causing their yields to climb. Here are the yields on a handful of widely held S&P 500 stocks as of the Sept.