Wendy’s stock falls again as longtime bull turns tail amid price-cut concerns
Shares of Wendy’s Co. continued their post-earnings selloff on Wednesday, after a long-time bullish analyst recommended investors stop buying, citing ...
Read moreTag: Acquisitions/Mergers/Shareholdings
Why Capital One plans to buy Discover in a megamerger of credit giants
Capital One Financial Corp. intends to purchase Discover Financial Services in an all-stock deal that one analyst notes would “effectively ...
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Kroger pledges to lower prices for consumers when its planned merger with Albertsons closes
Kroger Inc., facing regulatory pushback over its plan to merge with rival grocery chain Albertsons Cos. Inc. in a roughly ...
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Super Micro board member buys over $1 million in stock after 600% yearly surge
Super Micro Computer Inc. shares have surged more than 600% over the past year, but one board member just sent ...
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Mastercard scores a profit beat but its stock falls as spending growth slows
Mastercard reported fourth-quarter earnings Wednesday morning. The company posted fourth-quarter net income of $2.8 billion, or $2.97 a share, compared ...
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Spirit Airlines’ stock rebounds on bullish guidance
Spirit Airlines Inc.’s stock was rallying in premarket trading on Friday as the carrier said its bookings over the holidays ...
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Music publication Pitchfork is being merged with GQ magazine by Conde Nast
The iconoclastic online music publication Pitchfork, best known for its daily music criticism and its multiday festivals in Chicago and ...
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Cal-Maine stock drops, as lower egg prices hit quarterly results
Shares of Cal-Maine Foods Inc. slid after hours on Wednesday after the egg-production giant reported quarterly earnings and sales that ...
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A new all-time high awaits the S&P 500 as investors ‘buy into the euphoria,’ says this strategist
Investors would be forgiven for wanting to sit out in the waning days of 2023, given recent volatility and the ...
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U.S. Steel Takeover Faces Hurdles. Biden’s Merger Rules Will Be Tested.
Nippon Steel’s proposed $14 billion takeover of United States Steel will have to overcome a number of obstacles—including American politicians ...
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