In Norfolk Southern board battle, proxy adviser Egan-Jones throws weight behind activist Ancora
Egan-Jones has joined fellow proxy advisers ISS and Glass Lewis in stepping into activist investor Ancora’s…
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing…
Paramount’s new ‘Office of the CEO’ now has a principal executive — while its ex-CEO will still collect a hefty paycheck
Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership…
Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
The electric utility replaces Pioneer Natural Resources on the benchmark index after the latter’s acquisition by…
RBA’s policy options are running short, says JBWere
With inflation proving sticky, the Reserve Bank of Australia doesn’t have the option of simply holding…
Forget AI. Apple’s plan to restore confidence is a $110 billion stock buyback.
It’s been a rough year, but Apple shows confidence in itself and investors approve — for…
Fortinet’s stock falls 8% after cybersecurity company’s quarterly billings drop
Shares of Fortinet Inc. fell 8% in the extended session Thursday after the cybersecurity company reported…
Block’s stock shoots higher as Square parent boosts its earnings outlook
Also contributing was momentum across the company’s two main business areas, the Cash App mobile wallet…
Amgen ‘very encouraged’ by preliminary data from weight-loss-drug trial, as stock jumps
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted…
DraftKings posts surge in revenue, hikes full-year sales guidance
DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on…
Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart
The U.S. stock market has kicked off May trading mostly lower, with the S&P 500 down…
Carvana’s stock rallies more than 30% on surprise profit for used-car retailer
Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a…