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Johnson & Johnson Rips Off the Kenvue Band-Aid
Finances

Johnson & Johnson Rips Off the Kenvue Band-Aid

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link

KKR Nears Deal for Specialty-Chemicals Maker Chase
Finances

KKR Nears Deal for Specialty-Chemicals Maker Chase

The private-equity firm would pay roughly $1.3 billion in deal that could be reached Friday. Source link

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

U.S. leading indicators point to recession starting soon By Reuters

© Reuters. FILE PHOTO: A view shows Main Street in Elk Point, South Dakota, U.S. June 3, 2017. Picture taken June 3, 2017. REUTERS/Ryan Henriksen/File

U.S. stocks mixed as rising yields pressure tech sector
Finances

U.S. stocks are mixed after Tesla, Netflix earnings By Investing.com

© Reuters. Investing.com — U.S. stocks were mixed on Thursday after earnings reports from Netflix and Tesla. At 10:59 ET (14:59 GMT), the rose 259

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Dubai invites pitches for IPOs of taxi, parking assets

© Reuters. FILE PHOTO: General view of the Burj Khalifa and the downtown skyline in Dubai, United Arab Emirates, September 30, 2021. REUTERS/Mohammed Salem/File Photo

Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market By Reuters
Finances

China’s sagging economy looms over quarterly results around the world By Reuters

© Reuters. FILE PHOTO: A man walks in the Central Business District on a rainy day, in Beijing, China, July 12, 2023. REUTERS/Thomas Peter/File Photo

Insurers Aim to Boost Rates
Finances

Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

US existing home sales fall; annual house price decline slows By Reuters

© Reuters. FILE PHOTO: A “sold” sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo WASHINGTON

4 big analyst picks: AMD called a
Finances

AMD called a ‘Top Pick’ at Wolfe; Cisco upped at JPMorgan By Investing.com

© Reuters Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: initiation at AMD, upgrades at Cisco, bluebird