After a record 2019 for activist investors, here's how companies can protect themselves

Barrons.com
Cigarette Makers Altria and Philip Morris Drop After Big BAT Write-down
London-listed British American Tobacco announced a $32 billion charge on the value of its brands. Shares of cigarette makers slipped.
2h ago
Benzinga
Can You Guess How Many Americans Successfully Retire With $1 Million Saved? The Percentage May Shock You
Saving for retirement is an essential goal for many Americans, but achieving the ideal savings target remains elusive for many. In 2023, the average American retiree had about $170,726 in retirement savings, a decrease from $191,659 at the beginning of 2022. This 10% reduction is significantly lower than the recommended $555,000. Only 12% of retirees have achieved or exceeded this recommended savings amount. Don’t Miss: The average American couple has saved this much money for retirement — How d
1d ago
SmartAsset
I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?
Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands of dollars to over a hundred thousand dollars. Your exact tax liability could vary drastically, so knowing what […] The post I’m Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes? appeared first on SmartReads by SmartAsset.
5h ago
Barrons.com
New China Forecast Spells Good News for Alibaba in Early 2024—Then It Gets Worse
Capital Economics sees strong Chinese consumer spending to start 2024, but growth may peter out over the full year.
4h ago
The Wall Street Journal
British American Tobacco Stock Sinks on $31.5 Billion Impairment
British American Tobacco stock sank to decade-plus lows Wednesday, after the maker of Dunhill and Lucky Strike cigarettes warned of a likely $31.5 billion write-down tied to its U.S. brands. + BAT's London-traded stock [(UK:BATS)](https://www.
59m ago
TechCrunch
Google's Gemini isn't the generative AI model we expected
Google's long-promised, next-gen generative AI model, Gemini, has arrived. Sort of. The version of Gemini launching this week, Gemini Pro, is essentially a lightweight offshoot of a more powerful, capable Gemini model set to arrive... sometime next year. But I'm getting ahead of myself. Yesterday in a virtual press briefing, members of the Google DeepMind team -- the driving force behind Gemini, alongside Google Research -- gave a high-level overview of Gemini (technically "Gemini 1.0") and its
2h ago
Barrons.com
Palantir Stock Keeps Dropping. It Just Failed a Key Test.
Traders could be encouraged to sell the analytics-software stock in anticipation of further weakness after it fell through that mark.
2h ago
Fortune
‘The push for work-life balance is fatally flawed,’ according to a 100-page report and survey of 5,000 workers. It’s all about the power of choice
Employees don’t necessarily want to work from home; they really just want to have options.
1d ago
Business Insider
Prepare for the S&P 500 to plunge 23% by mid-2024 - and the US economy to sink into recession, JPMorgan's top charts guru says
JPMorgan's Jason Hunter sees the S&P 500 slumping to around 3,500 points by next summer, and says the "odds are stacked in favor of a hard landing."
21h ago
Zacks
Absci (ABSI) Up on AstraZeneca Deal to Design New Cancer Therapy
Absci (ABSI) announces a collaboration agreement with AstraZeneca to develop an AI-designed antibody for an undisclosed oncology target. The stock rises 13%.
1d ago
Benzinga
How Much Cash Can I Expect Each Month From A $150,000 Annuity?
Many people have turned to annuities as a reliable means of securing a stable income during retirement. Financial advisers often highlight annuities as a prudent choice for those looking to manage retirement finances effectively. With a $150,000 annuity, the monthly income potential varies based on several key factors, such as the type of annuity chosen, the age of the annuitant and the length of the payout period. Annuities, which are financial products offered by insurance companies, serve as
1d ago
Zacks
Here's How Chewy (CHWY) Is Poised Ahead of Q3 Earnings
Chewy's (CHWY) third-quarter fiscal 2023 performance is likely to show gains from efforts related to e-commerce, product assortments and innovation.
1d ago
The Wall Street Journal
BAT Takes $31.5 Billion Charge on U.S. Cigarette Brands
Cigarette giant British American Tobacco, whose portfolio includes the Camel, Newport and Pall Mall brands, said its U.S. sales were hit by smokers switching to cheaper products.
37m ago
Barrons.com
Tesla Stock Is Up. Musk Talks About a Smaller ‘Model 2’ That Could Come as Soon as 2024.
Electric-vehicle maker Tesla needs a more compact, less-expensive car to capture more of the auto market. The new EV could be it.
2h ago
Yahoo Finance
Tax credits for Tesla Model 3 and other EVs slashed starting next year
New rules proposed by the Department of Energy (DOE) may mean a reduced, or even no, federal tax credit for electric vehicles made in North America.
2h ago
SmartAsset
Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I'm 58 With $700k in Retirement Savings, But I Won't Collect Social Security for 7 Years
I’m 58 and I have $700,000 in 401(k)s and IRAs. I have no credit card debt, no auto loan payments and no student loans. I sold my home in California and paid cash for a house in Texas, so I have no mortgage. I’m retired military and bring in about $2,200 per month after taxes. […] The post Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I’m 58 With $700k in Retirement Savings, But I Won’t Collect Social Security for 7 Years appeared first on SmartReads by SmartAsset.
1d ago
TipRanks
Bank of America Says the S&P 500 Will Hit a New Record High in 2024 — Here Are 2 Stocks to Play That Bullish Sentiment
This has been a good year for stocks, no doubt about that. The S&P 500 has gained 19% year-to-date, after a gangbusters November, and the outlook for December, while more moderate, remains positive. The markets have made these gains despite a strong set of headwinds, including the Federal Reserve’s turn to a policy of aggressive monetary tightening and interest rate hikes; the ongoing war in Ukraine; and now the flare-up of war in the Middle East. This stock rally is showing real strength, and t
20h ago
Zacks
3 Steel Producer Stocks to Watch in a Promising Industry
The automotive demand recovery, strength in non-residential construction and a rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, X and USAP are set to gain from favorable industry fundamentals.
3h ago
Yahoo Personal Finance
Are electric cars more expensive to insure?
How much does it cost to insure an electric car? Is EV insurance more expensive than a traditional auto insurance policy? We explain.
19h ago
Zacks
Wall Street Analysts Think CRISPR Therapeutics AG (CRSP) Could Surge 27.15%: Read This Before Placing a Bet
The consensus price target hints at a 27.2% upside potential for CRISPR Therapeutics AG (CRSP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
2h ago

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After a record 2019 for activist investors, here's how companies can protect themselves

Recommended Stories

Cigarette Makers Altria and Philip Morris Drop After Big BAT Write-down

Can You Guess How Many Americans Successfully Retire With $1 Million Saved? The Percentage May Shock You

I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?

New China Forecast Spells Good News for Alibaba in Early 2024—Then It Gets Worse

British American Tobacco Stock Sinks on $31.5 Billion Impairment

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Absci (ABSI) Up on AstraZeneca Deal to Design New Cancer Therapy

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Here's How Chewy (CHWY) Is Poised Ahead of Q3 Earnings

BAT Takes $31.5 Billion Charge on U.S. Cigarette Brands

Tesla Stock Is Up. Musk Talks About a Smaller ‘Model 2’ That Could Come as Soon as 2024.

Tax credits for Tesla Model 3 and other EVs slashed starting next year

Ask an Advisor: How Do I Cover $3,000 in Monthly Living Expenses? I'm 58 With $700k in Retirement Savings, But I Won't Collect Social Security for 7 Years

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Wall Street Analysts Think CRISPR Therapeutics AG (CRSP) Could Surge 27.15%: Read This Before Placing a Bet