Tag: Corporate Actions
stock market news: Corporate actions this week: SBI, Tata Consumer Products to go ex-dividend, Bharat Dynamics ex-split & more
This week is packed with notable corporate actions. SBI, Colgate-Palmolive (India), Oberoi Realty, Tata Consumer Products, and Sula Vineyard are set to go ex-dividend, while [Read more about this post…]
Adam Neumann is trying to bid for WeWork, reports say
Adam Neumann is trying to buy back the company he co-founded and loaded with debt. According to a letter obtained by Bloomberg News and the [Read more about this post…]
Novartis to bolster its oncology portfolio with acquisition of MorphoSys
Novartis AG on Monday announced it has agreed to buy German biopharmaceutical company MorphoSys AG for 2.7 billion euros ($2.9 billion). Under the deal, Switzerland-based [Read more about this post…]
Super Micro board member buys over $1 million in stock after 600% yearly surge
Super Micro Computer Inc. shares have surged more than 600% over the past year, but one board member just sent a signal of confidence by [Read more about this post…]
One year after East Palestine train derailment, rail safety still in spotlight
On Feb. 3, 2023, a Norfolk Southern Corp. train derailed in East Palestine, Ohio, thrusting the issue of rail safety into the national spotlight. No one [Read more about this post…]
Paytm troubles send One 97’s stock plunging, prompting analyst’s ‘sell’ call
Shares of One 97 Communications Ltd. continued to plunge after a bank used by the company’s popular Paytm mobile payments service was effectively shutdown by [Read more about this post…]
Mark Zuckerberg could pay millions in taxes to the IRS on Meta dividends
Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may also be happy, [Read more about this post…]
Google parent Alphabet took a $1.2 billion hit to exit office space last quarter
Google parent company Alphabet this week reported a $1.2 billion charge in the fourth quarter to exit office space, a notable cost that largely flew [Read more about this post…]
Intel shares dip after report of delayed opening for massive Ohio chip factory
Shares of Intel Corp. slipped in extended trading Thursday after the Wall Street Journal reported that the start of production at the chip maker’s new [Read more about this post…]
Shares of China’s Landsea Green rise on plan to buy Texas homebuilder for $185 million
Shares of Chinese developer Landsea Green Management 106, +40.68% rose after the company said its Nasdaq-listed unit will buy a Texas homebuilder for $185 million. [Read more about this post…]
