BHP Requests Extension Beyond 4 PM GMT Deadline to Finalize Anglo American Deal
BHP seeks extension for $50B takeover of Anglo American due to complex deal structure. Key shareholders support extension for mutually beneficial resolution.
During The Sixteen Weeks Ended April 20, 2024, Advance Auto Parts Opened 7 Stores And Branches And Closed 17, Totaling 5,097 Locations, Down From 5,107 On December 30, 2023
Store Information
During the sixteen weeks ended April 20, 2024, 7 stores and branches were opened and 17 were closed, resulting in a total of 5,097 stores and branches as of April 20, 2024, compared with a total of
Hedge Funds’ Exposure To Big Tech Hits Record High As Nvidia’s Soaring Stock Drives Rally
In the wake of Nvidia's remarkable earnings, hedge funds' exposure to the top U.S. technology companies has reached an all-time high.
Advance Auto Parts Reaffirms 2024 EPS Expectation Of $3.75-$4.25 Vs $3.82 Consensus; Sees Net Sales Of $11.3B- $11.5B (Prior $11.3B-$11.4B) Vs $11.349B Consensus
Full Year 2024 Guidance
As of May 29, 2024
($ in millions, except per share
What’s Going On With American, United Airlines & Delta Air Lines Shares Today?
American Airlines, United Airlines, and Delta Air Lines shares are all declining following American Airlines' lowered earnings forecast and strategy shift announcement, with American Airlines experiencing the steepest drop.
Samsung Electronics’ Union In South Korea Threatens First-Ever Strike Over Wage Demands
The National Samsung Electronics Union in South Korea has declared a strike, demanding higher wages and fair treatment. This is the first time in the company's history that its workers have taken such action.
Canned Soup Products Maker Campbell Cuts 415 Jobs: Details
Campbell Soup is set to revamp its supply chain to drive growth and enhance efficiency. The strategic plan includes closing outdated plants, investing in modern facilities, and leveraging leading co-manufacturing partners. Notably, the Tualatin plant will close by July 2026, impacting 330 employees, while changes at the Jeffersonville plant will affect 85 employees. The company will invest $230 million in newer facilities, creating 210 new roles.
Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince’s Sovereign Wealth Fund
Lenovo Group has decided to issue $2 billion worth of zero-coupon convertible bonds to Saudi Arabia Crown Prince Mohammed Bin Salman's sovereign wealth fund. This is part of a broader agreement with the tech-friendly kingdom.
Fund Manager Weighs In On AI ‘Lead Horse’ Nvidia’s Heady Valuation: ‘Hard To Call It A Bubble’
Nvidia's appeal is that its products are required by others to executive on their AI plans, Navellier said.
Cathie Wood’s Ark Sees ‘Great Legislative Breakthroughs’ For Crypto If FIT21 Sails Smoothly In Senate And Ethereum ETFs Start Trading
Cathie Wood-led Ark Invest hailed the bipartisan support extended to the recently passed cryptocurrency bill in the House of Representatives, terming the development at the peak of the election campaign striking.