Company Insights
Breakfast is Served: Kellogg Completes North American Cereal Company C-Suite
Kellogg has announced the completion of its North American cereal company’s management team, with five final appointments declared.
Section
News
Company Insights
Wells Fargo To Pay $145 Million To Settle Retirement Plan Investigation
Wells Fargo & Co. agreed to pay roughly $145 million to settle a lawsuit over government allegations that the bank’s retirement plan overpaid for company stock, the U.S.
Company Insights
Warren Buffett bought Occidental stock – again. But his plans remain unclear.
Warren Buffett, one of the most successful investors in the world, purchased yet more shares of the oil and gas company Occidental Petroleum last month, raising questions from investors and analysts about his ultimate intention with Occidental.
Company Insights
Fox Entertainment Debuts Global Sales Arm to Sell Shows Abroad
Fox Corporation is launching a new sales unit responsible for distributing its entertainment programming internationally in a bid to reach millions more global customers for its original shows.
Axsome Therapeutics
Axsome Therapeutics plans resubmission of new drug application to FDA while investors focus on rest of portfolio
Axsome Therapeutics Inc. plans to resubmit its New Drug Application for its product which is designed to aid in the treatment of acute migraines to the U.S.
Company Insights
Intel takes on Nvidia and AMD with graphics card for gaming PCs
Starting at $329, Intel’s new chip is aimed at gamers on a budget.
Stocks
Crypto Mining Stocks Continue to Fall Amid Rising Inflation, Major Industry Changes
Crypto mining stocks have plummeted amid a red-hot inflationary environment, a trend that’s likely to continue as energy-efficient means of minting digital currency tokens continue to overtake traditional, energy-heavy crypto mining activities.
Stocks
In reversal, Wall Street eyes bank stocks as recession-resistant investments
Think banks and downturns don’t go well together? Think again. Wall Street analysts and investors are challenging the longstanding view that U.S.
Stocks
Discount retailers weather a volatile market but interest rate hikes threaten broader economy
Discount retailers have outperformed a declining stock market, as inflation fatigued consumers chase cheap goods and spend down pandemic era savings.
Stocks
Health Insurer Stocks Poised to Gain Amid Rate Amid Hike Uncertainties
Investors dismayed by the market’s dramatic decline and global rate hike uncertainty may find a remedy in resilient health insurer stocks.
Insulin Price Caps and Tough Litigation Won’t Bury Big Pharma
Federal legislative overhaul of the healthcare sector is throwing a wrench into Big Pharma’s growth this fall, but companies are expected to weather the storm in a market hungry for new drug therapies.
AMD
CHIPS Act Falls Flat on Investors Among Inventory and Revenue Concerns for Chipmakers
Despite billions of dollars for chip plants built in the U.S.