Tag: Shell Company
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CSX shares come off the rails while Peloton goes up a gear, and other early Friday movers
[ad_1] Here are some of the biggest movers of the day: Stock gainers: Digital World Acquisition Corp. DWAC, -2.05%, the special purpose acquisition company (SPAC) looking to take Donald Trump’s Truth Social media company public, soared 20% in premarket trades after the SPAC reached a settlement with the Securities and Exchange Commission over fraud charges. RedHill Biopharma…
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Most stocks end up losing you money. So what’s a stock-market investor to do?
[ad_1] If you’re going to try to retire early and rich by picking the right stocks, there’s something you should know first: Most stocks end up losing you money. Over the long term, a majority of stocks on the U.S. stock market have actually ended up as worse investments than keeping your money in low-risk…
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George Soros bet on railroads, fitness, gig economy and lightened load on Disney, Amazon, dumped Tesla
[ad_1] George Soros’s Soros Fund Management placed new bets on railroads and the gig economy during the first quarter, recalibrated its holdings in a struggling media industry and dumped electric-vehicle maker Tesla Inc. During the first quarter, the fund scooped up 363,483 shares of railroad operator CSX Corp. CSX, +0.09%, according to a filing. The…
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Amazon made earnings look better – can Apple continue the momentum?
[ad_1] Wall Street analysts expected the first quarter to be bad, as investors continue to bite their nails over the prospect of a recession, but after a tidal wave of quarterly financial results from corporate America last week, led by online retail behemoth Amazon.com Inc., there are signs of a little less anguish. Throughout April,…
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Casino gets capital injection offer from Kretinsky’s EP Global
[ad_1] France’s Casino Guichard-Perrachon SA FR:CO said Monday that an investor has made an offer to subscribe to a capital increase for up to 750 million euros ($824.4 million,) a move that could lead to a change of control of the debt-laden group and a “very significant” dilution of existing shareholdings. The offer was made…