Cineworld Group PLC confirmed on Monday that it is considering filing for a possible voluntary Chapter 11 filing in the U.S. as well as associated proceedings in other regions. The Read more
Tag: Corporate Actions
Ryan Cohen cashed out of Bed Bath & Beyond stock with more than $58 million profit; shares plunge again
Investor Ryan Cohen has confirmed that he sold his entire stake in retailer Bed Bath & Beyond Inc. with profit of more than $58 million, and shares plummeted in after-hours Read more
Bed Bath & Beyond stock drops more than 15% after Ryan Cohen plans to unload huge stake
Bed Bath & Beyond Inc. shares fell more than 15% in the extended session Wednesday after GameStop Corp. Chairman Ryan Cohen disclosed he’s planning to sell his big stake in Read more
Manchester United shares gain after Elon Musk jokingly suggests purchase and Glazers were reported to open up to minority stake sale
If Elon Musk can boost the value of dogecoin, why not Manchester United? In a tweet late Tuesday, the Tesla Inc. TSLA, -1.21% chief executive said: “Also, I’m buying Manchester Read more
Bed Bath & Beyond’s meme stock rockets on record volume, defying yet another analyst’s ‘sell’ call
Shares of Bed Bath & Beyond Inc. blasted off Tuesday, again, as the retail crowd defied, with renewed vigor, another Wall Street analyst’s warning that investors sell because of “unrealistic” Read more
Tesla, Ford attract new investments from Soros’s fund
Billionaire investor George Soros’s investment fund has bought stakes in Tesla Inc. and Ford Motor Co. and added to existing stakes in EV makers Lucid Group Inc. and Nio Inc., Read more
Stock buybacks near $800 billion this year after hitting all-time record
Companies already announced another $800 billion deluge of planned stock buybacks this year, after last year’s record of almost $1.2 trillion, according to a tally from EPFR. That’s a bigger Read more
Sears and creditors reach $175 million deal with Eddie Lampert to settle litigation over allegations of self-dealing
After four years stuck in bankruptcy limbo, Sears Holdings and its creditors have reached a settlement with former Chief Executive and majority shareholder Eddie Lampert and other investors, clearing the Read more
Why an analyst says sell these four big software stocks
Salesforce Inc.’s stock gets a lot of love on Wall Street, with 43 of the 49 covering analysts tracked by FactSet rating the shares the equivalent of buy. But Guggenheim Read more
Credit Unions buying banks? Yes indeed, says this deal lawyer
When deal lawyer Michael M. Bell worked on the purchase of Griffith Savings Bank by United Federal Credit Union in 2012, the transaction marked the first time a federally chartered Read more