Carl Icahn Slashes Herbalife Holding, Gives Up Board Seats
Carl Icahn has pared his holdings of Herbalife by about 70% and now holds just 6% of the company's stock, far less than the 24% he held about five years ago.
All Work
Paul Ausick
Q4 Deliveries Send Tesla Shares to New High, Boost Chinese Competitors
Tesla and three leading China-based EV makers have reported fourth-quarter deliveries that are well above prior year totals.
What Centene Gets for Its $2.2 Billion Magellan Acquisition
Health care provider Centene has struck a deal to acquire Magellan Health in a transaction valued at $2.2 billion. Magellan is a leading provider of behavioral health programs.
2021’s Dogs of the Dow
The 2021 Dogs of the Dow are now known, and investors who may want to follow this investing strategy have got some thinking to do.
US to Impose Tariff on Parts Used to Build Airbus Planes in This State
The United States has announced new tariffs on airplane parts imported into the country to be assembled at the Airbus facility in Alabama. Some wines and other beverages also will see higher tariffs.
Wave of Oil Patch Mergers to Continue in 2021?
The Dallas Fed's final survey of oil and gas industry executives indicates that the oil patch is recovering from the downturn caused by the coronavirus pandemic. The outlook for next year remains muted, however.
Will Appetite for Online Education Stocks Continue in 2021?
The COVID-19 pandemic has led to sharp increases in the share prices of three S&P 500 education and training companies with market caps of more than $10 billion. What does 2021 look like for…
Will 50 Million More New Shares Save AMC?
Movie theater operator AMC has filed a registration statement to issue 50 million new shares. The company is trying to hold on through a pandemic that has crushed the movie business.
Why Needham Added Applied Materials to Conviction List; What It Sees for Sector Growth Ahead
Semiconductor equipment company stocks have had a strong 12-month run, and Needham has selected Applied Materials as its top pick going forward.
Tesla Offers Free Trial of $10,000 Self-Driving Package
Tesla is reportedly making an offer its customers can't refuse: a free three-month trial of the company's $10,000 full self-driving package.
The 6 Worst-Performing Dow Stocks of 2020
Six Dow stocks are on track to lose at least 10% of their value in 2020. Here's a look at what's happened.
5 SPAC IPOs to Watch in 2021
The spate of SPAC reverse mergers does not appear to be slowing going into the new year. Here's a look at five that already have been announced.
The Yield on This S&P 500 Stock Tops 10%
The highest yielding stock among the S&P 500 is a telecom stock not named AT&T.
The 5 Top-Performing Dow Stocks of 2020
Here are the five top-performing Dow stocks of 2020 with a glimpse at the outlook for the coming year.
America’s Biggest Banks May Be Forced to Lend to Gunmakers
A proposed rule would make it harder for banks to deny services to industries such as gun and ammunition makers. The Trump administration is trying to force the rule through before a new president…
How Boeing Stock Rises More Than 6%, as This Analyst Predicts
RBC Capital analyst has raised his price target on Boeing stock to more than $300. Here's why.
Chinese Regulator to Investigate Alibaba for ‘Monopolistic Conduct’
Chinese regulators on Thursday announced an investigation into some business practices of Alibaba, the country's behemoth e-commerce company.
How a New SEC Ruling on Direct IPOs Affects Underwriters, Small Investors, SPAC Mergers
The U.S. SEC has approved new rules to make it possible for privately held companies to issue new stock in a direct listing IPO. This has big implications for investment banks and, perhaps, SPACs.
Does EV Maker Nikola Even Have a Path to Recovery?
Electric truck maker Nikola announced Wednesday that its collaboration with Republic Services to build 2,500 garbage trucks has been canceled. How much longer can the EV maker continue to lose partners?
Why an Apple iCar Is a Very Bad Idea
A report that Apple may have an autonomous, electric vehicle on the road in 2024 had investors humming Tuesday. Could it really happen?