Tag: Corporate stock
Northeast banks Webster, Sterling to merge in all-stock deal
NEW YORK — Webster Financial Corp. is buying Sterling Bancorp in an all-stock deal that values Sterling at more than $5 billion, the northeastern...
UnitedHealth ups forecast after strong start to year
MINNETONKA, Minn. — UnitedHealth profits jumped about 44% in the first quarter and the nation's largest health insurer boosted its outlook for the year....
A year after stocks soared, CEOs must show it was warranted
NEW YORK — It's time to show the receipts, CEOs.
For...
UK Deliveroo riders to strike over pay, gig work conditions
LONDON — Gig economy riders for the app-based meal delivery platform Deliveroo are set to join strikes in five U.K. cities Wednesday over pay...
GameStop finally announces a share sale
Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up...
Frontier Airlines hopes IPO rides wave of travel recovery
Frontier Airlines is betting that the budding recovery in leisure travel is for real.
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Deliveroo shares tumble by third on UK stock market debut
LONDON — Shares of app-based meal delivery service Deliveroo tumbled by as much as a third in their U.K. stock market debut on Wednesday....
EXPLAINER: What’s a SPAC, the latest craze on Wall Street?
CHARLOTTE, N.C. — WeWork will finally go public this year, allowing investors to buy and sell its shares. But not through a traditional IPO.
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ThredUp’s shares pop on stock market debut
NEW YORK — Shares of ThredUp rose 30% in their stock market debut Friday, reflecting investor enthusiasm for the online marketplace for second-hand fashion...
Fed says restrictions on bank dividends and buybacks to end
WASHINGTON — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed...