American Express Co. caters to more affluent consumers, and the company has been upbeat in recent months about the way its business has held up amid challenging economic conditions. But Read more
Tag: Corporate Actions
The shale boom, passive investing and other major new market forces
We are marking MarketWatch’s 25th anniversary by looking at the 25 biggest financial market events and developments we have covered. In our previous installments, we noted the first 15 events Read more
Activist investor Macellum urges Kohl’s to replace chairman, other board members
An activist investor that has long targeted Kohl’s Corp. KSS, -2.26% is ratcheting up the pressure, calling on the department-store chain to make changes to its board or face another proxy fight. Read more
AMC stock sinks to pre-‘meme stock’ levels as B. Riley slashes price target by 32%
Shares of AMC Entertainment Holdings Inc. extended their selloff toward a 17-month low on Wednesday, after B. Riley analyst Eric Wold slashed his price target on the belief the post-pandemic Read more
How the 55% plunge in mortgage originations is hitting nonbanks: Fitch
Major U.S. banks already have been cutting staff and operations related to mortgage originations as interest rates have shot up and the roaring housing market has cooled in 2022. For Read more
5 trends you need to follow this earnings season to make sure your investments are on track
The third-quarter earning season kicks off this week with the first reports from big banks and investors can expect many of the same themes and talking points seen earlier this Read more
5 trends you need to follow this earnings season to make sure your investments are on track
The third-quarter earning season kicks off this week with the first reports from big banks and investors can expect many of the same themes and talking points seen earlier this Read more
MGPI merger with Luxco branded ‘abysmal failure’ by short seller
The merger between MGP Ingredients, a producer and supplier of distilled spirits, and branded drinks company Luxco has been called an “abysmal failure” by Ben Axler’s activist short selling firm Read more
How the new tools of monetary policy and the rise of China changed markets
We are marking MarketWatch’s 25th anniversary by looking at the 25 biggest financial market events and developments we have covered. In the early years, we recounted five big events and Read more
Facebook’s Bay Area janitors end strike, with some winning their jobs back
Striking Facebook janitors in the Bay Area returned to work this week after their unions reached an agreement with their employer, a vendor for Facebook parent Meta Platforms Inc., late Read more