Updated Dec. 10, 2023 4:47 pm ET Cigna Group abandoned its pursuit of a tie-up with Humana after shareholders balked at a deal that would have created a…
Read more WSJ News Exclusive | Cigna Calls Off Humana Pursuit, Plans Big Stock BuybackShareholders of Walmart Inc. may have had an inkling of today’s stock selloff if they had been watching the performance of its bonds over the last two weeks.…
Read more Walmart’s shareholders may have anticipated today’s selloff — if they’d been watching its bondsGroupon Inc. shares were tumbling more than 20% in Thursday’s extended session after the discounting marketplace announced a new rights offering and acknowledged “challenged” business conditions. The company…
Read more Groupon’s stock craters after earnings as CEO says business ‘continues to be challenged’By Miriam Mukuru UBS Group issues $3.5 billion in Additional Tier 1 bonds in the first issuance since the acquisition of Credit Suisse. It is comprised of two…
Read more UBS Issues $3.5B in AT1 Bonds in First Issuance Since Credit Suisse AcquisitionUpdated Oct. 31, 2023 4:24 am ET BP said its third-quarter profit rose, benefiting from higher realized refining margins and oil and gas production, although it missed expectations.…
Read more BP Profit Rose on Higher Refining Margins, Strong Oil TradingBP replacement cost profit of $3.29B misses forecasts, announces $1.5 bn buyback Source link
Read more BP PLC 3Q EPS 27.59cDrugstore chain Rite Aid Corp. filed for bankruptcy Sunday, as it faces billions of dollars of debt related to opioid lawsuits. In a statement Sunday night, Rite Aid…
Read more Debt-ridden Rite Aid files for bankruptcy, will close more storesDrugstore chain Rite Aid Corp. filed for bankruptcy Sunday, as it faces billions of dollars of debt related to opioid lawsuits. In a statement Sunday night, Rite Aid…
Read more Debt-ridden Rite Aid files for bankruptcy, will close more storesU.S. homes may be wildly unaffordable for first-time buyers, but mortgage bonds backed by those same properties could be dirt cheap. Shocks from the Federal Reserve’s dramatic rate…
Read more Homes are expensive right now, but these mortgage bonds look cheapIconic German sandal maker Birkenstock Holdings Ltd.’s stock fell 10% out of the gate in its trading debut Wednesday, signaling that investors remain cautious about new deals and…
Read more Birkenstock’s stock falls 10% in trading debut after IPO priced at lower end of rangeIconic German sandal maker Birkenstock priced its initial public offering at $46 a share late Tuesday, a bit shy of the midpoint of its expected range, as investors…
Read more Birkenstock prices IPO at $46 a share, at low end of rangestock plummeted earlier this week after announcing plans to raise more capital and one analyst understands why. It was one of the reasons he downgraded the stock. Source…
Read more Rivian Stock Downgraded. Its Bond Sale Is a Canary in the Coal Mine.SmileDirectClub Inc. shares plummeted in the extended session Friday after the company said it had voluntarily filed for Chapter 11 bankruptcy protection as founders seek to recapitalize the…
Read more SmileDirectClub’s stock plummets 85% after Chapter 11 bankruptcy filingNIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds Source link
Read more NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible BondsEV Maker NIO Plans to Issue $1.0 Billion in Convertible Senior Notes Source link
Read more EV Maker NIO Plans to Issue $1.0 Billion in Convertible Senior NotesKlaviyo Inc. is reportedly raising the target of its upcoming initial public offering to more than $550 million. Bloomberg News reported late Sunday that Klaviyo has decided to…
Read more Klaviyo reportedly raises price range of its upcoming IPOFord Motor Co.’s and General Motors Co.’s stocks were higher Friday as workers kicked off a strike, but their bonds have been under selling pressure for some time.…
Read more GM and Ford’s stocks are higher as UAW strike kicks off. Their bonds tell a different story.Arm Stock Is Rising Again. The Shares Are More Popular Than Tesla or Apple. Source link
Read more Arm Stock Rises AgainArm is set to start trading today on the Nasdaq under the symbol ARM. Chris Ratcliffe/Bloomberg Arm Holdings priced its initial public offering at $51 a share. That’s…
Read more Arm Sets IPO Price at $51 a Share. The Stock Is Set to Open Higher.Arm Holding Ltd. priced its initial public offering at the high end of its expected range late Wednesday following intense interest. The British chip-design company priced shares at…
Read more Arm prices IPO at high end of range, raising $4.87 billion
