Sears said Thursday that it was closing another 28 Kmart stores in addition to 180 previously announced closures this year. STOCK PRICE FOR SHLD Full price information GOLDMAN SACHS: There's a split in retail, and only 2 types of stores...Show More Summary
From RadioShack to CVS, Sears to JCPenney, over 6,000 retail stores have closed their doors this year. In the same period, Amazon’s stock price skyrocketed over 31% as consumers increasingly opt for its seemingly limitless selectionShow More Summary
This week: Stock indices forged ahead to make new highs before escalating political tensions between the US and North Korea spurred some mid-week selling. Business Insider CEO Henry Blodget discusses the many yellow flags that have been raised about the sustainability of the equity rally. Show More Summary
JPMorgan strategists Marko Kolanovic and Dubravko Lakos-Bujas have some varying views on the future of the stock market. It's a microcosm of the split that is emerging on Wall Street, with some experts — from strategists to hedge fund...Show More Summary
Diana Containerships, a global shipping company specializing in the ownership of containerships, has announced that its Board of Directors has determined to effect a reverse stock split of the Company’s common shares, par value $0.01 per share, at a ratio of one-for-six.
Bitcoin avoided splitting into two companies as its network supported an upgrade to its software.
Perhaps the best example to me of the split between tech stocks and the rest of the market is that T2108 climbed to its highest level since April, while the QQQ continued to break support. T2108, at 65%, measures the percentage of all NYSE stocks that closed above their simple 40 day moving averages. T2108... Read more
By Adrian Ash – Gold prices held near 5-week lows against a falling US Dollar on Wednesday, trading at $1243 per ounce as commodities rallied but world stock markets extended Tuesday's retreat in New York. As Brent crude oil rallied $1 per...
U.S. stocks remain split as trading begins Monday, with energy companies and oil prices climbing and technology stocks sinking. Even though major indexes are lower, more stocks are rising than falling. Small-company stocks did better than the rest of the market. General Electric jumped after the...
General Motors beat back a bid to split its stock into two classes, and its upstart electric-car rival overcame a challenge to multiyear board terms.
At General Motors' annual shareholder meeting on Tuesday, a proposal from Greenlight Capital to split the carmaker's stock into two classes and replace three directors on the board was shot down. Greenlight's David Einhorn has been pushing...Show More Summary
GM shareholders have rejected Greenlight Capital's plan to split the company's stock, and rejected Greenlight's nominations to GM's board.
Greenlight's plan to split up GM's stock will come to a head on Tuesday, as the automaker's shareholders cast their votes on the hedge fund's proposals.
Not only has Amazon changed the retail landscape since it became a public company 20 years ago, it's now part of a small cadre of high-flying stocks belonging to companies that have defied Wall Street and shunned stock splits. Only four...Show More Summary
Greenlight Capital's David Einhorn has been waging a battle ahead of General Motors' annual shareholder meeting to split the company's stock into two classes. The hedge funder, who controls over 3% of GM in total, wants dividend-paying...Show More Summary
Stock splits, once considered a way to keep shares affordable for mom-and-pop investors, are rare today as companies aspire to new heights.
A stock split won’t automatically make stock worth more, but there's a potential benefit.
Chipotle's stock has come a long way in the past month, climbing 14% near a one-year high. Now, ahead of Tuesday's after-market earnings report, Wall Street analysts and options traders are split as to whether the gains can continue. On...Show More Summary
Submitted by Nick Colas of Convergex Is Public Equity A Broken Concept David Einhorn’s proposal to GM that it split its stock into dividend and capital appreciation shares got us thinking about the bedrock principles of public equity ownership. Show More Summary