Governor Shares Dance With Trans Woman at Drumthwacket Pride Reception
PRINCETON, N.J. — Gov. Phil Murphy hosted his final LGBTQ+ Pride reception at the governor’s residence on Sunday, marking the end of a tradition held throughout his administration and highlighting what he…
Berkshire Hathaway sells $145 million of shares in China’s BYD, filing shows
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 5.78 million Hong Kong-listed shares of electric vehicle maker BYD for HK$1.14 billion ($145.38 million), a stock…
Disney Shares Plummet Following Billion Dollar Earnings Miss
Disney Shares Plummet Following Billion Dollar Earnings Miss John Hugh DeMastri on November 8, 2022 The Walt Disney Company missed investor expectations for growth in the fourth quarter of fiscal year 2022,…
Elon Musk Offloads Nearly $4 Billion In Tesla Stock As Shares Continue To Tank
Elon Musk Offloads Nearly $4 Billion In Tesla Stock As Shares Continue To Tank John Hugh DeMastri on November 8, 2022 Tech mogul Elon Musk sold 19.5 million shares in the electric…
Kering shares up on report company seeks to buy Tom Ford
By Mimosa Spencer PARIS (Reuters) – Shares in Gucci-owner Kering rose in early Friday trading following a report the French luxury goods company is in advanced talks to buy U.S.-based fashion label…
European shares open higher as luxury, mining stocks jump on China reopening hopes
(Reuters) – European shares opened higher on Friday, with luxury stocks and miners leading the advance on hopes that China will soon ease its strict COVID-19 curbs. The STOXX 600 rose 0.7%…
Dorsey’s Block posts a jump in revenue, boosting shares
By Hannah Lang (Reuters) -Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App helped make up for stagnant cryptocurrency prices that had dogged the payments…
Sun Life sees growth in benefits business; shares up on earnings beat
By Divya Rajagopal TORONTO (Reuters) – Sun Life Financial Inc believes rising wages, driven by inflation and a tight labor market, will help its benefits business, company executives said on Thursday. Shares…
Qualcomm revenue forecast falls short as smartphone sales slump; shares slide
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc’s forecast for holiday-quarter revenue fell about $2 billion short of Street estimates, as the chipmaker struggles with a slump in sales to…
Credit Suisse to use repurchased shares for employee plans
ZURICH (Reuters) – Credit Suisse’s board of directors has decided not to cancel more than 25 million shares it repurchased under a buyback programme halted last year, and will instead use them…
Energy shares shine again on Wall Street, lifted by earnings
By Lewis Krauskopf NEW YORK (Reuters) – Strong earnings are helping energy stocks extend this year’s torrid run, furthering their contrast with the tech-focused megacaps whose disappointing results have battered their shares. …
Brazilian airline Gol posts smaller Q3 net loss on record revenue; shares jump
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Gol on Thursday reported a narrower third-quarter net loss on a yearly basis even as it was heavily hit by currency swings in the…
Twitter shares drift towards Musk’s offer price as deadline looms
(Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the micro-blogging site on Wednesday, in a sign that investors are finally expecting the deal to…
Cannabis shares rally as Canopy seeks to accelerate U.S. market entry
NEW YORK (Reuters) – Shares of marijuana producers jumped on Tuesday, led by a rally in Canada’s Canopy Growth Corp, after it said it will create a holding company to fast track…
Xerox shares slide as annual revenue, cash flow forecasts take a hit
(Reuters) – Xerox Holdings Inc’s shares plunged about 25% to 13-year lows on Tuesday after the photocopy maker slashed its annual revenue and cash flow forecasts, blaming a stronger dollar and a…
Atlantia’s big investors tender shares in Benetton, Blackstone bid – sources
MILAN (Reuters) – Atlantia’s long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in the takeover offer launched by the Benettons and U.S. investment fund Blackstone,…
Church’s Chicken Shares Recipe for Employee Engagement
Atlanta, GA (RestaurantNews.com) Employee experience platform Akumina and iconic quick-service restaurant chain Church’s Chicken joined forces last month – not for a tutorial on creating that famous, handcrafted flavor, but for a…
Grifols says U.S. blood donors’ lawsuit won’t have material impact, shares down
MADRID (Reuters) – Spanish pharma group Grifols said on Friday a lawsuit filed in the United States by blood donors who claim the company violated their privacy would have no material impact,…
Speculators bet Credit Suisse shares have further to fall
By Nell Mackenzie (Reuters) – Investors have been adding to bets that Credit Suisse’s shares still have further to fall after a social media storm forced a fresh look at the Swiss…
Kia shares edge up in choppy trade after booking extra $1.1 billion provision
SEOUL (Reuters) -Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on Tuesday that its third-quarter earnings will reflect an additional provision of 1.54…
Salesforce shares jump on report that Starboard has taken a stake
(Reuters) – Starboard Value LP has taken a stake in Salesforce Inc, CNBC reported, citing the activist investment firm’s founder Jeff Smith. Shares of the software firm, which fell about 42% this…
Shares in BTS’ management rise after band clears uncertainty over military service
By Joyce Lee SEOUL (Reuters) – The announcement by K-pop mega band BTS that members would serve mandatory military service in South Korea has removed a cloud of uncertainty that has hung…
Australia’s top banks eye payments firm Tyro as housing market cools
By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of new revenue streams as rising interest rates…
Venezuela objects to U.S. court’s calendar to sell Citgo parent’s shares
CARACAS (Reuters) – The Venezuelan government on Wednesday objected to what it called an “arbitrary decision” by a U.S. court that approved a calendar for auctioning shares in the parent of Houston-based…
European shares tumble as fears around inflation, earnings grip investors
By Sruthi Shankar and Amruta Khandekar (Reuters) – European shares tumbled on Wednesday as nerves about soaring prices and rising interest rates were aggravated by inflation data from the United States, while…
LVMH’s resilience gives luxury shares a boost amid economic gloom
PARIS (Reuters) – Shares in luxury goods companies rose on Wednesday, as LVMH set an upbeat tone with robust third-quarter sales, showing that shoppers have not lost their appetite for high-end designer…
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