Tag: Corporate stock
Online scrubs seller Figs soars 36% in stock market debut
NEW YORK — Shares of Figs Inc., which sells scrubs online to nurses and doctors, soared in their stock market debut Thursday, valuing the...
As pandemic spread pain and panic, congressman chased profit
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
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
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
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
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
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
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
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
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...