Aug 29 (Reuters) - Huadong Medicine Co Ltd:
* SAYS UNIT MAKES CASH OFFER TO BUY UK'S SINCLAIR PHARMA PLC AT 32 PENCE PER SHARE FOR ABOUT 169 MILLION POUNDS ($215.53 million) Source text in Chinese: https://bit.ly/2MFxbKE Further company coverage: ($1 = 0.7841 pounds) (Reporting by Hong Kong newsroom)
The Dow Jones fell as Elon Musk made a Tesla move. The Donald Trump stock sank on the stock market today. Cathie Wood bought a diving stock.
Trump Media stock slid as much as 16% on Monday after the parent company of Donald Trump's social media platform, Truth Social, filed to issue more than 21 million shares.
Here are four stocks to buy now that could offer investors upside in the short and long term.
(Bloomberg) -- A selloff on Wall Street went global as investors grappled with the threat of higher-for-longer interest rates, China’s sluggish economy and an Israeli counter-strike. Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarApple Faces Worst iPhone Slump Since Covid as Rivals RiseTesla Executive Baglino Leaves as Musk Loses Another Top DeputyIsrael Versus Iran — What All-Out
As top growth stocks like Nvidia test key moving averages, keep in mind these proven rules for when to sell stocks.
I am a dividend investor, and I prize dividend consistency. I just can't trust what this high-yield income stock says about its dividend.
JP Morgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon's annual shareholder letter is a moment investors await to understand the thinking of one of the world's most influential bankers. While there has been speculation of Dimon entering politics, with him even gaining the support of billionaire hedge fund manager Bill Ackman to run for president, JP Morgan shared in a statement that "Jamie has no plans to run for office" and that "he is very happy in his current role." That has not stopped him from oc
Tesla management told employees Monday that the recent layoffs -- which gutted some departments by 20% and even hit high performers -- were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter earnings. The move comes as Tesla has seen its profit margin narrow over the past several quarters, the result of an EV price war that has persisted for at least a year.
Stocks that work for billionaires aren't necessarily appropriate for every investor.
California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, the minimum wage continues to be the statewide bottom of $16 an hour. The largest publicly-traded fast-food companies include McDonald’s Corp (NYSE:MCD); Starbucks Corp (NASDAQ:SBUX); Yum! Brands, Inc. (NYSE:YUM), which owns Tac