Tag: Corporate stock

Acorns’ stock to take root after investing app OKs merger

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NEW YORK — Acorns Grow, whose app encourages people to save and invest with subscriptions for as little as $1 per month, plans to...

As pandemic spread pain and panic, congressman chased profit

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WASHINGTON — In the early days of the pandemic, New Jersey Rep. Tom Malinowski scolded those looking to capitalize on the once-in-a-century health crisis....

CP urges Kansas City Southern to reject competing $33.6B bid

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OMAHA, Neb. — Canadian Pacific is urging Kansas City Southern to reject Canadian National's rival $33.6 billion takeover bid, but it still refuses to...

Retailer results so far show people are going out, spending

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NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...

Streaming landscape shifts with $43B AT&T Discovery deal

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NEW YORK — AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create...

Buffett’s firm sells off financials, halves Chevron stake

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OMAHA, Neb. — Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new...

Alibaba records first quarterly operating loss since IPO

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HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...

Meituan’s stock price plunges after CEO posts Chinese poem

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SINGAPORE — Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient poem in...

Jessica Alba’s Honest Co. soars 44% in stock market debut

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NEW YORK — Shares of Honest Co., the diaper and baby-wipe seller founded by actress Jessica Alba, soared 44% in their stock market debut...

Pfizer ups expectations for the year

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Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...