Qualcomm Gives Weak Forecast, Signaling Phone Slump Will Drag On
Qualcomm Inc., the largest maker of smartphone processors, gave a tepid revenue forecast for the current period, indicating
2023-08-03 04:24
Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether
2023-08-03 03:20
Bonds Are Useless Hedge for Stock Losses as Correlation Jumps
Treasuries haven’t been this ineffective as a stock hedge since the 1990s. Historically, Treasuries tend to rally when
2023-08-03 02:15
Bain, Cinven Weighs Sale of €10 Billion Drugmaker Stada
The private equity owners of Stada Arzneimittel AG are weighing options for the German drugmaker, including a possible
2023-08-03 00:23
1&1 Shares Soar After Signing German Roaming Deal With Vodafone
1&1 AG shares surged after it secured a deal with Vodafone Group Plc that will let the mobile
2023-08-02 21:47
European Stocks Decline as US Rating Downgrade Hurts Sentiment
European stocks slumped the most in almost a month as Fitch Ratings’ downgrade of the US sovereign credit
2023-08-02 17:27
SoftBank’s Arm Targets $60 Billion Value in September IPO
SoftBank Group Corp.’s semiconductor unit Arm Ltd. is targeting an initial public offering at a valuation of between
2023-08-02 16:49
Hugo Boss Raises Full-Year Guidance as Profit Tops Estimates
Hugo Boss AG raised its sales and profit guidance for 2023 after second-quarter results topped estimates on demand
2023-08-02 14:27
Adani to Buy Sanghi in First Big Deal Post-Hindenburg
Indian billionaire Gautam Adani’s Ambuja Cements Ltd. will buy a majority stake in Sanghi Industries Ltd. as the
2023-08-02 13:15
China’s Spy Agency Takes to WeChat in Espionage Crackdown
China’s powerful spy agency made a public call on social media for citizens to join its anti-espionage drive,
2023-08-02 11:50
Country Garden Services to Buy Back Shares to Boost Confidence
Country Garden Services Holdings Co. said it’s planning a stock buyback to shore up investor confidence after renewed
2023-08-02 09:48
Global Equities Enjoy Their Best Year-to-Date Gain Since 2009
Global markets have posted their largest year-to-date gains since 2009 when markets recovered from the global financial crisis.
2023-08-02 09:47