Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and Tupperware
A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy
2023-08-08 05:24
Campbell Soup Company buys Sovos Brands, maker of Rao's for $2.7 billion
Iconic canned soup company Campbell is expanding its reach in the Italian food market.
2023-08-08 05:17
AI mania, financials and energy stocks boost hedge fund gains
NEW YORK Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology,
2023-08-08 05:15
Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian
2023-08-08 05:15
Biden's student loan policies continue to face legal challenges
Legal challenges are continuing to target some of President Joe Biden's student loan policies. While his major student loan forgiveness program was blocked by the Supreme Court, the Biden administration is also facing lawsuits over some of its other policy changes aimed at making it easier for borrowers to pay back their loans.
2023-08-08 04:59
Simon & Schuster purchased by private equity firm KKR for $1.62 billion
Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market
2023-08-08 04:59
After trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion
Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.
2023-08-08 04:57
Beyond Meat revenue plummets in the second quarter due to flagging US demand
Plant-based meat maker Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its burgers, sausages and other products fell despite price cuts
2023-08-08 04:47
Beyond Meat Falls After Backing Away From Cash-Flow Target
Beyond Meat Inc. fell in late trading after the plant-based burger company said it’s unlikely to hit its
2023-08-08 04:46
Argentines ask patron saint of work for jobs with elections around the corner
Argentines have lined up on a bitterly cold winter morning as part of an annual pilgrimage to a Roman Catholic shrine for the patron saint of work
2023-08-08 04:27
KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion
2023-08-08 04:23
Beyond Meat cuts annual revenue forecast on slowing demand for faux meat
Beyond Meat trimmed its full-year revenue forecast on Monday, warning that demand for its plant-based meat products was
2023-08-08 04:22