GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors
Updated Nov. 29, 2023 8:59 am ETGeneral Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary...
Share Capital
WSJ News Exclusive | Instacart Set to Raise IPO Price Target After Successful Arm Debut
What to Read Next Source link
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its...
China’s Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer...
WSJ News Exclusive | Panera Brands Names New CEO Ahead of IPO
Panera Brands said it promoted José Alberto Dueñas to chief executive as the restaurant company prepares to offer its shares...
Oatly Names Jean-Christophe Flatin as New CEO and Narrows Quarterly Loss
Current Chief Executive Toni Petersson is set to become the oat-milk company’s co-chairman. Source link
WSJ News Exclusive | J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an...
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
The oil company banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices...
Elon Musk Says He Will Pause Selling Tesla Shares
BusinessThe Tesla CEO says a share buyback would depend on the severity of any recession Source link
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
Shell, Awash With Cash, to Boost Dividend, Share Buybacks
LONDON— Shell SHEL 0.95% PLC said it plans to boost its dividend and buy back another $4 billion of its...
Volkswagen to List Porsche in One of Biggest IPOs in Years
The offering could value Porsche at as much as 85 billion euros ($84 billion), according to analyst estimates, injecting fresh...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
VW, Europe’s biggest auto maker by sales, said the companies’ boards would meet on Monday to discuss the private placement...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
Ford Sells About 8% of Its Stake in Electric-Vehicle Startup Rivian
Ford Motor Co. has sold off about 8% of its stockholdings in Rivian Automotive Inc., according to people familiar with...
Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall
Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers...
