crack recorded its weakest quarterly sales growth ever as a public company, highlighting the range of…
Tag: share price movement
Inflation hit profits of big insurers
Large car, home and business insurer Travelers Co. reported a 41% decline in second-quarter net income…
Discover shares fall after revealing internal student-loan probe
discover Shares of Financial Services fell more than 10% on Thursday morning after the company said…
Baker Hughes posts extensive loss on ingredient shortages, rising costs
Baker Hughes On Wednesday, it posted a wide-ranging loss in its second quarter, as the oilfield…
WSJ News Exclusive | Chinese regulator fines Didi more than $1 billion over data-security breaches
SINGAPORE—Chinese officials prepare to fine the ride-hailing company more than a billion dollars Didi Global That’s…
WSJ News Exclusive | One hedge fund is up 223% this year for a big bet against tech stocks
In late 2020, Mandeep Manku made a big opposite bet. His hedge fund, Coltrane Asset Management,…
Hong Kong’s IPO market thawed, but new listings falter on debut
The busiest day for a new Hong Kong listing in more than a year was disappointing…
Elon Musk’s Effort to Terminate Twitter Deal Puts Pressure on CFO
Elon Musk‘s bid to terminate the acquisition of Twitter Inc. is complicating matters for Ned Segal,…
Casino stocks fall as Macau closes business amid COVID-19 outbreak
Shares of casino companies operating in Macau’s gambling enclave fell after city officials ordered all businesses…
The stock market is selling. That doesn’t make it cheap.
US stock market valuations have fallen sharply since the dot-com crash, recording the biggest six, 12…