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Birkenstock Stock Makes Its Public Trading Debut. Shares Close Below IPO Price.
Shares of Birkenstock Holdings, the maker of cork-soled clogs, got off to a rocky stock…
Exxon’s Deal for Pioneer Is No Big Payday for Arbitragers
Several large corporate acquisitions are set to close, so the takeover arbitrage community has been…
IRS Slaps Microsoft With Bill for $29 Billion in Unpaid Tax
The taxman is coming for Microsoft, and he isn’t kidding around. Following a multiyear audit,…
UAW Latest: Ford Kentucky Truck Plant Strike. This Is The Earnings Hit.
The United Auto Workers strike against the Detroit-Three auto makers entered a new phase Wednesday.…
The National Team Buys Low
Key News Asian equities had a strong day as Japan, South Korea, and Hong Kong…
Tupperware stock rises more than 55% for its largest gain since July
Tupperware Brands Corp. continued its rally Wednesday, as the company’s stock climbed 55.3%, for its…
The Latest PPI Report Release Has Happened, Are We Going To See Another Rate Hike?
Key Takeaways The latest Producer Price Index (PPI) report has been released, with the wholesale…
Meta’s and Alphabet’s stocks close at highest levels since early 2022
Internet stocks Meta Platforms Inc. and Alphabet Inc. logged their highest closes in more than…
History of Society’s Biggest Financial Bubbles
The quote "Fool me once, shame on you" is the beginning of a longer saying…
Birkenstock’s stock falls nearly 13% in trading debut, ends well below IPO price
Iconic German sandal maker Birkenstock Holdings Ltd.’s stock fell 12.6% in its trading debut Wednesday,…
Tax Liens And Sports Teams: Billionaire Marc Lasry’s Investment Playbook
Morocco-born vulture investor Marc Lasry and his sister Sonia Gardner have made billions buying debt…
Goldman Sachs sheds GreenSky lending platform but still faces lack of low-cost deposits, analyst says
Goldman Sachs Group Inc. marked an end to a painful couple of years with the…
In surprise move, UAW says 8,700 Ford workers walk off job at Louisville truck plant
In what was described as an unannounced decision, the United Auto Workers union has called…
Large cryptocurrencies mixed as Uniswap climbs
Large cryptocurrencies were mixed during morning trading on Wednesday, with Ripple XRPUSD, -1.60% seeing the…
Michael Lewis on the outrage over his Sam Bankman-Fried portrayal: ‘It sells the book’
Michael Lewis isn’t the slightest bit upset at the criticism that’s come his way, in…