AMC Entertainment Holdings Inc.’s stock fell more than 7% in extended trading on Thursday after the company announced a special dividend in the form of “Ape” preferred shares. The dividend marks Read more
Tag: Corporate Actions
AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls
AMC Entertainment Holdings Inc.’s stock fell more than 7% in extended trading on Thursday after the company announced a special dividend in the form of “Ape” preferred shares. The dividend marks Read more
Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would Read more
Warner Bros. Discovery stock slammed after earnings debut
In its first earnings report since bringing in HBO Max and other WarnerMedia properties, Warner Bros. Discovery Inc. on Thursday missed revenue expectations by roughly $2 billion and reported a Read more
Zillow is almost done selling homes, but stock slumps as the hard part is still to come
Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future Read more
Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would Read more
PayPal’s buyback history has been ‘very poor.’ Can a new CFO help change that?
PayPal Holdings Inc. pleased investors when it announced a new $15 billion buyback authorization alongside a suite of other shareholder-friendly moves earlier this week. Now investors will have to hope Read more
Walmart cutting about 200 corporate jobs in restructuring as profits sag
Walmart Inc. is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits. The retailer began notifying Read more
AMTD Digital adds more than $250 billion in market cap in 7 days
Early investors in AMTD Digital Inc. have basically won the lottery, as the Hong Kong-based digital business developer’s stock has zoomed 3,165% higher over the past seven days. The stock Read more
Equifax CEO’s reward amid report of inaccurate credit scores: a ‘special’ $25 million stock award
Equifax Inc. disclosed that it was giving its chief executive $25 million in a “special” stock award Tuesday, just hours after a report detailed inaccurate credit reports the company sent Read more