Tuesday, September 22, 2020
Tags Ownership changes

Tag: ownership changes

SoftBank Plans $4.8 Billion Share Buyback Following Pressure From Elliott

TOKYO-SoftBank Group Corp. said it would spend as much as ¥500 billion ($4.8 billion) to buy back up to 7% of its own shares,...

Here are some ‘stand-out’ tech names worth owning during coronavirus turmoil,...

The coronavirus outbreak and market selloff aren't reasons to stop investing in tech names, according to Wedbush analyst Daniel Ives, though he said that...

Fresh Del Monte’s stock soars as customers buy less but spend...

ByShares of Fresh Del Monte soared Tuesday, after the fresh fruit and vegetables seller swung to a third-quarter profit as sales rose, with...

Grubhub says customers are spreading their business among competitors, stock tanks...

ByGrubHub Inc. stock plummeted 43.3% in Tuesday trading after the company explained in a shareholder letter that customers are spreading their business across...

Google parent Alphabet’s stock falls, but big earnings miss doesn’t sway...

ByAlphabet Inc. reported a big third-quarter earnings miss, but the Google parent's shares bounced sharply off their worst levels, as a gaggle of...

Marathon Petroleum Plans to Spin Off Gas Stations, May Shake Up...

Oil refiner Marathon Petroleum Corp. is preparing to spin off its gas-station chain and considering shaking up its executive leadership to appease activist shareholders,...

As Virgin Galactic shares debut, here are the billionaires leading the...

We have lift-off.Richard Branson's Virgin Galactic Holdings on Monday became the first space-tourism business to go public as its stock began trading on the...

Tesla’s stock rally is costing short sellers $1.4 billion

ByTesla Inc. shares zoomed toward their highest level in months after the Silicon Valley car maker surprised Wall Street with a quarterly profit,...

Here’s why British tech is a hot commodity for investors right...

Looking for a hot listed U.K. tech company? Get in line. British technology and software companies are being rapidly snatched off the London stock...

WeWork’s Valuation Falls to $8 Billion Under SoftBank Rescue Offer

WeWork's board is expected to meet Tuesday to weigh emergency-financing options including a takeover by SoftBank Group Corp. that would slash the co-working...