Discover how Warren Buffett spends his multibillion-dollar fortune and amassed his $134 billion net worth, which grew by over $16 billion this year.
U.S. Steel Corp is locked in a spat with rival steelmaker Cleveland-Cliffs Inc over a confidentiality pact that would allow the latter to participate in a sale process that is underway, people familiar with the matter said on Wednesday.
Nikola (NKLA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Medical Properties (MPW) closed at $6.02 in the latest trading session, marking a -1.15% move from the prior day.
(Bloomberg) -- Canada, home to the world’s third-largest crude deposits, is poised to reshuffle global oil flows next year.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldThe nearly completed expansion of the Trans Mountain pipeline promises to vault Canada into a new role
Investors are always eager to hear that a stock in their portfolio has announced a dividend increase. For income investors, it means a monthly or quarterly raise. For investors who are also concerned with growth, such dividend hikes can portend an increase in future earnings. A dividend increase often indicates that the company's board of directors has faith that future earnings can cover the dividend hike comfortably. In addition, a dividend increase often makes the stock more attractive to inv
While it stood pat this time, the Federal Reserve has raised rates 11 times in this cycle.
A legal team that forced Tesla's directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own. The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery. The sum would be distributed among lawyers from four firms that spent several years building a case against the compensation paid to Tesla's directors from 2017 to 2020.
Cisco Systems said it will acquire software company Splunk for $28 billion in cash. Splunk stock jumped on the news.
Since coming on the scene, cryptocurrencies have fired the imaginations of online traders, currency speculators, and mathematicians alike. The leading digital currency, bitcoin, is currently priced at approximately $26,550 per coin, representing a ~60% increase year-to-date. And it looks like bitcoin will see a strong upward pressure on that price over the next year. The bitcoin algorithm has a built-in halving mechanism, whereby the reward given to miners for solving a blockchain link is cut in
Warren Buffett had some advice for American Express CEO Steve Squeri at the start of the pandemic.
FactSet (FDS) delivered earnings and revenue surprises of -16.05% and 0.16%, respectively, for the quarter ended August 2023. Do the numbers hold clues to what lies ahead for the stock?
A cell therapy for multiple myeloma promises to be a major blockbuster for J&J and partner Legend, if they can increase manufacturing.
Sales of previously owned homes declined 0.7% in August from the month prior to an annualized rate of 4.04 million.
The networking equipment company Cisco Systems said it would acquire Splunk for $157 a share in cash in a deal with an enterprise value of about $28 billion. “From threat detection and response to threat prediction and prevention, we will help make organizations of all sizes more secure and resilient.” Cisco (ticker: CSCO) shares were down 3.3% to $53.67 in morning trading, while Splunk (SPLK), a cybersecurity and data analytics software firm, surged 21% to $144.91.
NEW YORK, NY / NewsDirect / September 21st, 2023 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks uti...
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.
US stocks were poised to continue their retreat on Thursday as investors worried over the Fed's hawkish stance.
(Bloomberg) -- Oil resumed its breakneck rally on Thursday after Russia banned gasoline and diesel exports, further tightening an already stressed global fuel market.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldThe measures, designed to stabilize Russia’s domestic fuel p
People familiar with the deal valued it at roughly $1.4 billion, which is about a 40% increase over the deal WWE had with Fox.