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
Tag: Corporate Funding
Opinion: These small-cap stocks will lead the market if the rally has legs
If stock market FOMO is starting to bug you, but you’re hesitant to buy stocks, here’s a fix: Go small. Small companies are still super-cheap. These aren’t companies whose CEOs Read more
Deliveroo loss widens on consumer headwinds, starts buybacks
Deliveroo PLC said Wednesday that its first-half pretax loss widened due to increased consumer headwinds, and began a 75 million-pound ($90.6 million) share buyback program. The U.K. food-delivery company ROO, Read more
A retail investor’s guide to the Inflation Reduction Act: how to prep your portfolio
If investors thought they were getting their legs in a volatile stock market, a new tax, climate and healthcare spending bill from Capitol Hill might have them trying again find Read more
Elon Musk offloads nearly $7 billion in Tesla stock
Elon Musk sold almost $7 billion in Tesla Inc. stock in recent days, according to filings Tuesday with the Securities and Exchange Commission. According to the filings, the Tesla chief Read more
Elon Musk offloads nearly $7 billion in Tesla stock
Elon Musk sold almost $7 billion in Tesla Inc. stock in recent days, according to filings Tuesday with the Securities and Exchange Commission. According to the filings, the Tesla chief Read more
Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly went bad, according to The Wall Street Journal. The WSJ reported Tuesday that Goldman Sachs Read more
Opinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is a simmering Read more
Upstart earnings spark questions about company’s ‘fintech’ narrative
Shares of Upstart Holdings Inc. were sinking more than 11% in premarket trading Tuesday as analysts digested the lending company’s new reality. While executives at Upstart UPST, -6.85% defended the Read more
InterContinental Hotels to launch $500 million buyback as profit surges
InterContinental Hotels Group PLC said Tuesday that it will launch a share-buyback program of up to $500 million as it reported a rise in net profit for the first half Read more