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Macy’s stock rallies as Arkhouse, Brigade reportedly sweeten their buyout offer
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The Wall Street Journal - World
Investor Group Raises Macy's Buyout Offer, Again
Arkhouse Management and Brigade Capital Management want to acquire Macy’s shares they don’t already own for $24.80 each, or roughly $6.9 billion. -
MarketWatch - Business
Paramount’s stock and bonds sell off as company seals buyout deal with Skydance Media
“It’s the old ‘buy the rumor, sell the news’ adage,” says a market source. -
The Wall Street Journal - World
Tesla's Stock Rallies, Erasing Losses for the Year
Tesla shares have jumped about 25% this week on better-than-expected sales results, pushing the stock around the break-even point for 2024. -
The Wall Street Journal - World
An investor group seeking to buy Macy's raised its offer for a second time after previous bids failed to clinch a deal for the beleaguered department-store chain.
An investor group seeking to buy Macy’s raised its offer for a second time after previous bids failed to clinch a deal for the beleaguered department-store chain. -
MarketWatch - Business
Intuitive Machines’ stock pares gains as next moon mission approaches
Shares of Intuitive Machines Inc. pared their recent gains as the space-exploration company’s next moon mission approaches. -
Financial Times - World
UK housebuilder stocks rally after Labour election landslide
Keir Starmer’s party has promised to deliver 1.5mn new homes over five yearsUnited Kingdom -
MarketWatch - Business
Koss continues rally as meme-stock chatter continues around headphone maker
Shares of Koss Corp. rose again Friday as meme-stock chatter continues to swirl around the headphone maker. -
MarketWatch - Business
After a roaring first half, stocks are stretched — but the rally isn’t over yet
Earnings season is coming — here’s what you need to know. -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday.
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MarketWatch - Business
Devon Energy to pay $5 billion for unit of EnCap-backed Grayson Energy
Devon is buying acreage in the Williston Basin, an energy-rich area mostly in Montana, North Dakota and Saskatchewan.Energy -
MarketWatch - Business
Paramount’s stock and bonds sell off as company seals buyout deal with Skydance Media
“It’s the old ‘buy the rumor, sell the news’ adage,” says a market source. -
MarketWatch - Business
Oil prices move lower as Israel-Hamas cease-fire talks ease supply worries
Oil futures moved lower Monday, slipping after Hamas over the weekend gave its initial approval of a U.S.-backed proposal for a phased cease-fire deal with Israel in Gaza.Israel -
MarketWatch - Business
‘Despicable Me 4’ merchandise sales at AMC second only to Taylor Swift’s movie, says CEO Adam Aron
AMC’s CEO touted visitors to the movie-theater chain this weekend — as well as purchases made for merchandise. -
MarketWatch - Business
Here’s a way to look beyond Nvidia’s stock for AI investments
Jim Stoeffel and Brendan Hartman of Royce Investment Partners have a “picks-and-shovels” approach to AI-based computing infrastructure.