Some Texas Pete customers are hot under the collar about where this sauce is actually cooked up. A California man has filed a class action suit against the hot sauce Read more
Tag: Corporate Actions
Ford stock is now a ‘sell’ at UBS as an oversupply problem looms
Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to Read more
Ford stock is now a ‘sell’ at UBS as an oversupply problem looms
Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to Read more
Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says
Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the Read more
AMD warning prompts analysts to revisit whether PC chip market has bottomed yet
Wall Street appeared fairly in unison on Advanced Micro Devices Inc. Friday, agreeing the firm’s forecast sales to PC customers were worse-than-expected, prompting the question of whether the chip market has Read more
Opinion: The U.S. needs a unified energy industry to deal with soaring oil prices, OPEC+ and climate change
Americans are paying 25% more for gasoline than they did a year ago. Higher gas prices force difficult decisions about buying food, paying rent and other essentials. Some argue it’s Read more
One of the world’s biggest container shipping companies is ‘too compelling to ignore,’ says analyst
With valuation at a trough and a dividend lined up for 2022, A.P. Moeller-Maersk is “too compelling to ignore” and investors should buy the shares. That’s according to analysts at Read more
Rakuten to sell 20% stake in online brokerage unit to Mizuho
Rakuten Group Inc. 4755, -1.02% said Friday that it agreed to sell a 20% stake in its online brokerage unit to Mizuho Securities Co. for 80.00 billion yen ($551.2 million) Read more
Twitter, Elon Musk still working on deal terms, with focus on financing and litigation
Representatives of Twitter Inc. TWTR, -3.72% and Elon Musk continued Thursday to work to hammer out an agreement that would allow the billionaire’s purchase of the social-media company to proceed, with the parties racing to seal Read more
‘Grand Theft Auto’ hack showed just how profitable GTA6 could be, analyst says
Take-Two Interactive Software Inc. stands to earn nearly $2 billion helped by sales of its next installment of “Grand Theft Auto,” a Goldman Sachs analyst estimated Thursday. Goldman Sachs analyst Read more