Tag: Corporate stock
Bank of England ditches dividend limits on UK banks
LONDON — The Bank of England on Tuesday ditched limits on banks to pay dividends to their shareholders that were first introduced at the...
Goldman Sachs 2Q profits beat forecasts; boosts dividend
NEW YORK — Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong...
After Branson flight, Virgin Galactic slumps on stock sale
Virgin Galactic shares veered sharply lower Monday after the spaceflight company said it’s made arrangements to sell up to $500 million in stock.
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Glazed Over: Initial response to Krispy Kreme IPO tepid
Doughnut chain Krispy Kreme is expected to start trading on the Nasdaq on Thursday, but it might be off to a bit of a...
Freed from COVID restrictions, big US banks hike dividends
NEW YORK — Recently freed from regulators' coronavirus restrictions, the largest U.S. banks on Monday announced plans to return tens of billions of dollars...
BuzzFeed to become a publicly traded company
NEW YORK — BuzzFeed will become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose...
GameStop raises almost $1.13B in latest stock offering
GameStop raised more than $1 billion in its latest stock sale, capitalizing on a newly arrived and fervent army of online investors.
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CNH Industrial acquires driverless ag vehicle company
SIOUX FALLS, S.D. — CNH Industrial expects its $2.1 billion purchase of a South Dakota company will give it an edge in innovating autonomous...
Eastman Kodak execs told to testify in insider trading probe
NEW YORK — The CEO and general counsel of Eastman Kodak must both testify under oath as part of an investigation from New York's...
GameStop names Amazon veterans as CEO, finance chief
NEW YORK — GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it’s brought on a pair...