U.S. printer maker Xerox Holdings Corp has made a roughly $33 billion cash-and-stock offer for personal computer maker HP Inc , a company more than three times its size, people familiar with the matter said on Wednesday.
U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform.
Canadian Prime Minister Justin Trudeau on Wednesday cited “positive momentum” in the U.S. process to ratify a new North American trade deal, which has been in limbo for months amid concerns over labor standards.
Senate majority leader Mitch McConnell joined a bipartisan group of senators on Wednesday in introducing a bill to secure the pensions for nearly 90,000 retired coal miners as a recent wave of coal company bankruptcies threatens the solvency of the federal pension fund.
Media powerhouse Disney will take centerstage Thursday when it reports fiscal-fourth results. …read more […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […] …read more […]
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […] …read more […]
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […] …read more […]
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co’s Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.
Purdue Pharma LP and the company’s Sackler family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement the company says is worth $10 billion.
Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as “unacceptable”.
U.S. video streaming service Roku Inc beat expectations for third quarter revenue, earnings per share and adjusted EBITDA on Wednesday, benefiting from a widespread trend toward cord-cutting.
Qualcomm Inc shares rose more than 5% on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from a deal with Apple Inc .
The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every department of the union in response to a spreading federal corruption probe that has damaged the union’s standing during contract talks with Detroit’s automakers.
Albemarle Corp said on Wednesday it had started a cost control program targeting over $100 million in savings over the next two years, as the world’s largest lithium producer grapples with a fall in prices on near-term oversupply concerns. Albemarle did not provide any further details on the program on Wednesday. Albemarle reported an adjusted profit of $1.53 per share for the third quarter, in line with its preliminary estimates last month when it had also cut profit and sales forecast for the year. …read more […]
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