GameStop Corp. shares fell in after-hours trading Thursday, after the company revealed that its chief financial officer had been terminated amid reports of layoffs. GameStop GME, +15.06% stock declined more Read more
Tag: Corporate Actions
GameStop terminates CFO, reportedly plans layoffs; stock falls
GameStop Corp. shares fell in after-hours trading Thursday, after the company revealed that its chief financial officer had been terminated amid reports of layoffs. GameStop GME stock declined more than Read more
GameStop’s stock continues rally, fueled by 4-for-1 stock split
Shares of video game retailer GameStop Corp. GME, +12.71% continued their rally on Thursday, boosted by its board’s approval of a 4-for-1 stock split. The stock split, which is only Read more
Kellogg could face pushback from major retailers like Walmart over price hikes
Kellogg Co., like many other food companies, has steadily raised prices to manage increased costs and inflation, but UBS analysts are concerned that the food company will soon face opposition Read more
Vince McMahon leaves WWE: 5 things to know about new CEO Stephanie McMahon
Meet the new Boss. Stephanie McMahon is taking over as World Wrestling Entertainment Inc.’s WWE chairman and CEO, after her father Vince McMahon stepped down amid an investigation into his Read more
Opinion: Risk-management tools aren’t equipped for climate change and other systemic shocks. This is what ESG investors need to be ready.
With ESG assets under management projected to surpass $40 trillion this year, the U.S. Securities and Exchange Commission is working to crack down on “greenwashing” funds that claim an ESG Read more
Stock market has first chance for sustainable bottom since the December peak, technical strategist Tom DeMark says
Tom DeMark, a widely followed technical strategist, says bitcoin is at risk of taking out the low it registered in mid June. DeMark’s indicators place great importance on the number Read more
Merck in talks to buy cancer biotech Seagen for about $40 billion
Merck & Co. MRK XE:MRK is in advanced talks to acquire Seagen Inc. SGEN and is aiming to finalize a purchase of the cancer biotech in the next few weeks, according to people Read more
Bed Bath & Beyond stock rallies following insider purchases
Bed Bath & Beyond Inc. stock rose in the extended session Wednesday following insider purchases of shares, according to filings with the Securities and Exchange Commission. Bed Bath & Beyond Read more
Crypto exchange FTX still has ‘a few’ billion dollars to backstop industry, says Sam Bankman-Fried
Crypto billionaire Sam Bankman-Fried, chief executive at FTX, said he and his company still have “a few” billion to backstop embattled digital asset companies, as crypto prices crash and the Read more