News

Federal Antitrust Enforcers Scrutinize Private Equity's Roll-Up Strategy

Federal antitrust enforcers are investigating private equity's roll-up strategy in the healthcare sector, with concerns about rising costs and subpar outcomes....

3M Co. Announces Spinoff Name and Expected Completion Date

3M Co. reveals the name of its health care spinoff, Solventum, and announces the expected completion date in the first half of 2024. The name represents the com...

Macy's Reports Strong Q3 Profit Beat and Raises Outlook

Macy's surpasses Q3 profit expectations and raises full-year outlook, attributing success to refined gift assortment and simplified promotions. Gross margin imp...

Emirates Airline Places $6 Billion Order for 15 Airbus A350-900 Jets

Emirates Airline has placed a $6 billion order for 15 additional Airbus A350-900 jets to expand its fleet and serve new markets. The first delivery is expected...

Kossan Rubber Industries Reports Strong Quarterly Earnings

Malaysia-listed glove maker, Kossan Rubber Industries, reports strong quarterly earnings, benefiting from cost-control management and reduced raw material costs...

Cisco Systems Inc.'s Revised Forecast

Cisco Systems Inc. has revised its revenue forecast for the next two quarters and full year, citing customer deployment issues. This article explores the reason...

Berkshire Hathaway's Small Stake in Sirius XM Makes a Big Impact

Sirius XM's stock value skyrockets after Berkshire Hathaway's small stake investment. The rise in stock price causes financial difficulties for arbitragers and...

Target Corp. Addresses Inflation Concerns and Potential Long-Term Benefits

Target Corp. addresses concerns about inflation and its impact on sales, highlighting potential long-term benefits for consumer spending. Categories: Business,...

Shimmick Corp: Another Disappointing IPO

Shimmick Corp and Birkenstock Holding Plc face challenges in the IPO market as they struggle to reach their issue prices. Investors closely monitor their perfor...

Floating-Rate Treasury Securities: A Lucrative Opportunity for Individual Investors

Treasury floaters offer individual investors a unique and lucrative investment opportunity with attractive short-term rates. Discover the benefits, popular ETFs...