Market Mayhem Triggers Deal-Making Drought – The Wall Street Journal
Market Mayhem Triggers Deal-Making DroughtThe Wall Street Journal
Market Mayhem Triggers Deal-Making DroughtThe Wall Street Journal
Town Ted Mann, Joe Palazzolo spirit Denny Jacob Updated July 22, 2022 8:34 pm ET Vince McMahon, the king of US wrestling, retired as chief executive officer and chairman of World Wrestling Entertainment following disclosures by The Wall Street Journal of multiple payouts to women who had alleged sexual misconduct and infidelity. In a news … Read more
Here’s how far oil could fall in a recession, judging by past experiencesMarketWatch
Kohl’s Corp. announced Friday that takeover talks with Vitamin Shoppe parent Franchise Group Inc. have ended, adding to a wave of ditched business deals amid unfavorable market conditions. Kohl’s KSS, -21.36% said it communicated with 25 parties, but Franchise Group’s FRG, -8.50% bid of $ 60 per share led to “exclusive negotiations.” “Despite a concerted … Read more
US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. The Dow Jones Industrial Average fell 509 points, … Read more
Investors are bracing for a heavy day of trading Friday due to the rebalancing of the Russell US equity indices, an annual reconstitution that comes amid elevated volatility in the stock market. Global index provider FTSE Russell kicked off the rebalancing process on May 6, or so-called rank day, to ensure the indices accurately reflect … Read more
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is an 85-year-old individual investor with 70 years of stock-trading experience. Kaplan grew up in a poor family in the Bronx, NY, but by … Read more
Facebook parent Meta Platforms Inc., whose shares have tumbled over the past year, is set to become a value stock based on preliminary data for the rebalancing of the Russell US equity indexes later this month, according to Jefferies. Under preliminary results released by FTSE Russell on Friday, a “good chunk” of Meta’s shares will … Read more
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood that Fed rate hikes will not put a dent in inflation by then . Wednesday’s price action reflected the continued anxiety … Read more
Traders, investors and strategists were adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood that Fed rate hikes will not put a dent in inflation by then . Wednesday’s price action reflected the continued anxiety … Read more