Shire (SHPG) has hired Lazard to help fend off takeover attempts, Sunday Times reported over the weekend. Lazard's appointment followed an informal approach earlier this year from Bristol-Myers Squibb (BMY), which was rebuffed, the paper adds. Shares of Shire are up 60c to $113.45 in the pre-market are spiking in late Friday trading.
Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-eat shrimp.
Dividend Aristocrats, a group of S&P 500 companies that have consistently increased their annual dividend payouts for at least 25 consecutive years, are often considered a haven for income-seeking investors. These companies are known for their ...
AMD's new MI300X processor is expected to challenge Nvidia's AI market dominance.
CVS warns it could cede Medicare Advantage market share as reimbursement rates pressure the company.
BlackRock has a plan for your retirement savings: A 401(k) plan that comes with a monthly check for life. The firm's LifePath Paycheck takes a portion of an employee's retirement savings, and invests it in annuity contracts.
(Bloomberg) -- Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes despite inflationary pressures. The celebration didn’t last long.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic E
Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form of a check. However, before you pass along that much cash, it’s important to understand the […] The post Do I Need to Worry About the Gift Tax If I Pay $30,000 Toward My Child's Wedding? appeared first on SmartReads by SmartAsset.
While ethical investors may opt to steer clear, top tobacco stock Altria Group currently boasts the highest dividend in the S&P 500 with a smoking-hot yield. Altria, best known for its iconic Marlboro cigarettes, was formed from a 2007 spinoff from Philip Morris. Altria took control of U.S. tobacco interests, prioritizing dividend growth and share buybacks, while Philip Morris focused on the international market.
Trump Media stock has nearly doubled since mid-April, when the company posted a message informing investors how to defend against short sellers.
This is one of the most reliable cash-generating companies on the stock market.
