In this article CCK Follow your favorite stocksCREATE FREE ACCOUNT Fotog | Tetra Images | Getty Images Company: Crown Holdings (CCK) Business: Crown Holdings is a worldwide leader in the design, manufacture and sale of packaging products for consumer goods and industrial products. They operate in three segments: Beverage, which accounts for roughly 70% of
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A sign marks a Fidelity Investments office in Boston, Massachusetts, April 28, 2022. Brian Snyder | Reuters Fidelity Investments is launching a commission-free crypto trading product for retail investors. The firm, one of the largest brokerages in the world handling $9.9 trillion in assets, opened an early-access waitlist to users Thursday morning. The service, called
Bob Pisani, CNBC Scott Mlyn | CNBC Thinking of writing a book? You might want to reconsider. On Monday, a federal judge blocked Penguin Random House’s proposed purchase of Simon & Schuster, agreeing with the Justice Department that joining the two giant publishing houses would lessen competition for top-selling books. As an author, I agree
In this article FFIV TXN JNPR TKR LRN Follow your favorite stocksCREATE FREE ACCOUNT Tim Boyle | Bloomberg | Getty Images Stocks ended Friday on a positive note, but an uncertain week – with a Federal Reserve meeting – looms ahead. The three major averages notched gains for Friday’s session and were higher on the
Kobus Louw | E+ | Getty Images Company: Vertiv Holdings (VRT) Business: Vertiv designs, manufactures and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. The company went public through a SPAC merger in the first quarter of 2020 with GS Acquisition Holdings, a SPAC
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Professional stock pickers are still betting that the U.S. economy could skirt a recession, according to Bank of America analysis. Actively managed mutual funds have maintained their pro-cyclical stance with overweights in consumer discretionary and industrials, while having a sizeable underweight in consumer staples,
Gary Burchell | Getty Images Company: Salesforce (CRM) Business: Salesforce is a global leader in customer relationship management (CRM) technology that brings companies and their clients together. It was founded in 1999 and is a pioneer in the cloud software space. It started as a tool to help enable sales teams to increase their productivity
In this article CL Follow your favorite stocksCREATE FREE ACCOUNT Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary, Hill’s Pet Nutrition, a pet food company, if it were spun
Chamath Palihapitiya, Social Capital Founder and CEO CNBC A new buyback tax has motivated more and more SPAC sponsors to close up shop before the year-end, adding another headwind to the blank-check space already roiled by a tough market environment. A total of 27 SPAC deals, worth $12.8 billion, have been liquidated this year, according
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber.
In this article QCOM META PZZA CHEF DHT Follow your favorite stocksCREATE FREE ACCOUNT Source: Papa Johns Investors white-knuckled their way through last week as the major averages swung sharply, fueled by key inflation reports. On Thursday, the Dow Jones Industrial Average leapt 1,500 points from its low of the session to the highest point
Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, one of the most hated corners of the market for years, is getting some newfound love from money managers as the Federal