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Tag: Divestments

Shari Redstone reportedly in talks to sell Paramount parent to Skydance

Shari Redstone reportedly in talks to sell Paramount parent to Skydance

December 10, 2023December 10, 2023 · Breaking News

Media tycoon Shari Redstone is in talks to sell controlling interesting in Paramount parent National Amusements to media and entertainment company Skydance, Puck and the New York Times…

Read more Shari Redstone reportedly in talks to sell Paramount parent to Skydance
Bayer CEO Says Breakup Wouldn’t Fix All of the Company’s Ills

Bayer CEO Says Breakup Wouldn’t Fix All of the Company’s Ills

November 25, 2023November 25, 2023 · Business

BERLIN—Bayer Chief Executive Bill Anderson said the company would bounce back quickly from a recent spate of bad news, and warned that a breakup of the pharmaceutical and…

Read more Bayer CEO Says Breakup Wouldn’t Fix All of the Company’s Ills
Apple, Microsoft, Nvidia—What Tech Stocks Hedge Funds Are Buying and Selling

Apple, Microsoft, Nvidia—What Tech Stocks Hedge Funds Are Buying and Selling

November 15, 2023November 15, 2023 · Business

It’s filing season for a string of major hedge funds, and big tech names like Apple, Microsoft, and Nvidia were among the most-traded equities in the third quarter.…

Read more Apple, Microsoft, Nvidia—What Tech Stocks Hedge Funds Are Buying and Selling
Manchester United’s stock suffers record selloff after report that sale of club is off

Manchester United’s stock suffers record selloff after report that sale of club is off

September 5, 2023September 5, 2023 · Breaking News

The U.S.-listed shares of Manchester United PLC suffered a record beating Tuesday, after a report that the iconic English football club was set to be taken off the…

Read more Manchester United’s stock suffers record selloff after report that sale of club is off
Johnson & Johnson Maintains Dividend After Kenvue Spinout

Johnson & Johnson Maintains Dividend After Kenvue Spinout

August 30, 2023August 30, 2023 · Business

Johnson & Johnson on Wednesday issued new financial guidance after spinning out the consumer-health company Kenvue While its earnings and sales projections were lowered on an absolute basis,…

Read more Johnson & Johnson Maintains Dividend After Kenvue Spinout
Heineken is the latest Western corporate giant to exit Russia

Heineken is the latest Western corporate giant to exit Russia

August 25, 2023August 26, 2023 · Breaking News

Beer giant Heineken N.V. is the latest Western company to exit Russia, announcing Friday the sale of its Russian operations to Arnest Group for one euro. Under the…

Read more Heineken is the latest Western corporate giant to exit Russia
Novartis Sets Sandoz Spinoff Date for Oct. 4

Novartis Sets Sandoz Spinoff Date for Oct. 4

August 17, 2023August 18, 2023 · Breaking News

By Adria Calatayud Novartis said the planned spinoff of its Sandoz generic pharmaceuticals and biosimilars business is expected to occur on or around Oct. 4. The Swiss pharmaceutical…

Read more Novartis Sets Sandoz Spinoff Date for Oct. 4
J&J Investors Must Decide If They Want Kenvue Stock

J&J Investors Must Decide If They Want Kenvue Stock

August 15, 2023August 15, 2023 · Business

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/kenvue-jnj-stock-price-exchange-offer-e85c3c90 Updated Aug. 15, 2023…

Read more J&J Investors Must Decide If They Want Kenvue Stock
The long-simmering rumor of Apple buying Disney is resurfacing as Bob Iger looks to sell assets

The long-simmering rumor of Apple buying Disney is resurfacing as Bob Iger looks to sell assets

August 9, 2023August 9, 2023 · Breaking News

Analysts got to the point early and often during a conference call late Wednesday: What are Disney Chief Executive Robert Iger’s M&A plans, particularly following reports that former…

Read more The long-simmering rumor of Apple buying Disney is resurfacing as Bob Iger looks to sell assets
Novartis Sets Sandoz Spinoff Date for Oct. 4

Electrolux Starts Preparations For Potential Divestment of Zanussi and Other Non-Core Brands During Coming Yrs

July 20, 2023July 20, 2023 · Breaking News

By Dominic Chopping STOCKHOLM–Electrolux on Thursday swung to an unexpected second-quarter net loss and said it is considering selling its Zanussi brand and other non-core assets during the…

Read more Electrolux Starts Preparations For Potential Divestment of Zanussi and Other Non-Core Brands During Coming Yrs
Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far

Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far

July 5, 2023July 5, 2023 · Breaking News

Meta’s Twitter-rival Threads launches tomorrow: What we know so far Source link

Read more Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far
Cummins spinoff Atmus Filtration’s stock soars 14% in trading debut

Cummins spinoff Atmus Filtration’s stock soars 14% in trading debut

May 26, 2023May 26, 2023 · Breaking News

Atmus Filtration Technologies Inc.’s stock soared 14% Friday in its trading debut, after the Cummins Inc. spinoff priced its initial public offering in the middle of its proposed…

Read more Cummins spinoff Atmus Filtration’s stock soars 14% in trading debut
PacWest sells its real-estate lending business to Roc360

PacWest sells its real-estate lending business to Roc360

May 23, 2023May 23, 2023 · Breaking News

PacWest Bancorp will sell its real-estate lending arm to Roc360, as the beleaguered regional bank moves to refocus on its core business. The deal, first reported late Tuesday…

Read more PacWest sells its real-estate lending business to Roc360
PacWest’s stock jumps 5% premarket on news bank to sell real estate  loans worth .6 billion

PacWest’s stock jumps 5% premarket on news bank to sell real estate loans worth $2.6 billion

May 22, 2023May 22, 2023 · Breaking News

PacWest Bancorp.’s stock jumped 3% premarket Monday, after the bank announced asset sales that would allow it to focus on its core community banking business. The regional bank…

Read more PacWest’s stock jumps 5% premarket on news bank to sell real estate loans worth $2.6 billion
Berkshire Bought Capital One, Unloaded 2 Banks

Berkshire Bought Capital One, Unloaded 2 Banks

May 15, 2023May 15, 2023 · Business

Berkshire Hathaway Sold U.S. Bancorp, Bank of New York Stock. Here’s What It Bought. Source link

Read more Berkshire Bought Capital One, Unloaded 2 Banks
Bed Bath & Beyond: from home-goods behemoth to bankruptcy

Bed Bath & Beyond: from home-goods behemoth to bankruptcy

April 23, 2023April 23, 2023 · Breaking News

It’s the end of the road for Bed Bath & Beyond Inc., a company that was once a shining star of U.S. retail.  The troubled home-goods retailer BBBY…

Read more Bed Bath & Beyond: from home-goods behemoth to bankruptcy
GE’s Larry Culp Has a Message for Investors

GE’s Larry Culp Has a Message for Investors

February 10, 2023February 10, 2023 · Business

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/ge-larry-culp-investors-annual-letter-83f4e20b Updated Feb. 10, 2023…

Read more GE’s Larry Culp Has a Message for Investors
Robinhood accidentally sold short on a meme stock and lost  million

Robinhood accidentally sold short on a meme stock and lost $57 million

February 8, 2023February 8, 2023 · Business

Robinhood Markets Inc. accidentally sold short on a small stock as it went on a meme-like ride in December, costing the trading app more than the stock’s current…

Read more Robinhood accidentally sold short on a meme stock and lost $57 million
Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO

Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO

December 16, 2022December 16, 2022 · Business

Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor…

Read more Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO
Elon Musk just sold .6 billion more in Tesla stock as Twitter turmoil continues

Elon Musk just sold $3.6 billion more in Tesla stock as Twitter turmoil continues

December 14, 2022December 14, 2022 · Breaking News

Tesla Inc. Chief Executive Elon Musk just sold nearly $3.6 billion more of the company’s stock, according to a filing with the Securities and Exchange Commission released late…

Read more Elon Musk just sold $3.6 billion more in Tesla stock as Twitter turmoil continues
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