(Bloomberg) — Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking to spur a turnaround of the struggling pharmaceuticals giant, according …
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By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour data dispelled fears of …
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Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say
by skolnes(Reuters) -Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources …
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(Bloomberg) — Most Asian stocks are set to open higher in early trading after strong US jobs data underscored the health of the world’s largest economy and boosted soft landing …
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Semiconductor stocks have been some of the biggest winners from the red-hot artificial intelligence (AI) race. Among higher-profile chip companies is Intel (NASDAQ: INTC), which recently won a deal worth …
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(Reuters) -Rio Tinto, has made an approach to buy lithium miner Arcadium, the two parties said in separate statements on Monday, without revealing any financial details. “The approach is non-binding …
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JPMorgan’s strategy chief on why investors should dial back risk amid market distortions
by skolnesDavid Kelly, chief global strategist, JPMorgan Asset ManagementJPMorgan Asset Management Indexes have soared on strong economic data and a big rate cut from the Fed. Yet, as markets eye a …
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(Bloomberg) — The “no landing” scenario – a situation where the US economy keeps growing, inflation reignites and the Federal Reserve has little room to cut interest rates – had …
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A version of this post first appeared on TKer.co The stock market climbed to all-time highs, with the S&P 500 setting a closing high of 5,762.48 on Monday. For the …
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Oil stocks have more room to run as tension in the Middle East escalates
by skolnesOil may get another run as liquid gold. Crude (CL=F) futures surged 9% last week — its biggest weekly gain since March 2023 — driven by escalating tensions in the …