Arkhouse Secures Financing for Macy’s Take-Private: Kahane Confirmsby Mark Eisenberg 26.01.2024Arkhouse offers $5.8 billion bid to acquire Macy's, but faces obstacles due to lack of cooperation from the retailer. 32% ...
Shein Investors Offload Stock at 30% Discount Amid Uncertaintyby Mark Eisenberg 25.01.2024Investors are selling shares of Shein in the private market at a discount, leading to a 30% drop in valuation. ...
Chinese Investors Turn to Bitcoin Amid Stock Market Downturnby John Darbie 25.01.2024Chinese investors turn to cryptocurrencies as stock market slumps. Despite the ban on crypto trading, they find ways to invest ...
“Repercussions of Eddie Lampert’s $18M Payment to Sears Hometown Investors”by Mark Eisenberg 25.01.2024Billionaire Eddie Lampert ordered to pay $18 million to Sears Hometown shareholders in lawsuit ruling. Impacts on corporate governance and ...
RTX’s Earnings Call Unveils Leadership Change and Strong Financesby Terry Bingman 25.01.2024RTX reports strong Q4 financial performance, with 11% sales growth and $5.5 billion in free cash flow. Challenges addressed for ...
Abbott’s Q4 2023 Earnings and Bullish 2024 Outlook: A Strong Performanceby Mark Eisenberg 25.01.2024Abbott Laboratories reports strong Q4 earnings and projects a promising outlook for 2024 with growth in various business segments. #AbbottLabs ...
Netflix’s Stellar Year in Gaming Following GTA Launchby Lilu Anderson 24.01.2024Netflix exceeds expectations with record revenue and subscriber growth, attributing success to core offerings and expansion plans. The company aims ...
Walgreens Contemplates $4B Sale of Shields Health Solutionsby John Darbie 24.01.2024Walgreens Boots Alliance explores the $4 billion sale of its specialty pharmacy business, Shields Health Solutions, as part of its ...
First Horizon’s $650M Share Repurchase Plan: A Strategic Move to Enhance Valueby Mark Eisenberg 24.01.2024First Horizon Corporation's approval of a $650 million stock repurchase program reflects confidence in its financial stability and commitment to ...
Zions Bancorporation Beats Q4 EPS Estimates Despite Income Dropby Mark Eisenberg 23.01.2024Zions Bancorporation's Q4 earnings fall short, with net income dropping and non-interest expenses rising, causing a dip in profitability.