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Wall Street pegs Boeing"s 737 MAX bill at more than $25 billion

Boeing Co's bill for the 737 MAX grounding could balloon to more than $25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned of further delay in returning its once best-selling jet to service......»»

Category: topSource: reutersJan 22nd, 2020

This American Gave Away His Entire $8 Billion Fortune

Wall Street has experienced volatility a number of times since March 2020. COVID-19, GameStop’s activist short squeeze, and the Suez Canal blockage all shook up worldwide commerce. Investment firm........»»

Category: blogSource: 247wallstApr 4th, 2021

Market Extra: ‘This has to be one of the single greatest losses of personal wealth in history,’ says stock-market pro of Archegos margin call

Wall Street on Tuesday may be seeing muted action but investors were still buzzing about the highly leveraged wrongway bet reportedly employed by Bill Hwang's Archegos Capital Management, which may have saddled many banks with multibillion-dollar losses......»»

Category: topSource: marketwatchApr 3rd, 2021

The Wall Street Journal: Biden seeks $50 billion to aid U.S. chip makers

President.....»»

Category: topSource: marketwatchMar 31st, 2021

Need to Know: Wall Street is pricing in $4 trillion of infrastructure spending. Here are the stocks that could benefit, according to Bank of America.

Industrials and materials will likely be the biggest beneficiaries of an infrastructure bill, along with U.S. small-caps, say strategists at Bank of America......»»

Category: topSource: marketwatchMar 31st, 2021

Zhihu stock opens down 15%, then keeps falling to online content company below $4 billion

Zhihu Inc.'s stock got a cool reception on Wall Street Friday, as the China-based online content company's st.....»»

Category: topSource: marketwatchMar 26th, 2021

Corning to double production of glass vials for COVID vaccines to 150 million this year, holding 1.2 billion doses: WSJ

Corning Inc. is planning to increase production of glass vials for COVID-19 vaccines by 50% from prior targets, after receiving more federal funding, the Wall Street Journal reported on Friday. The glass maker is now expe.....»»

Category: topSource: marketwatchMar 26th, 2021

ThredUp hits Wall Street with $1.3 billion valuation

The Oakland company's IPO makes it the third Bay Area company to go public in the online consignment marketplace......»»

Category: topSource: bizjournalsMar 26th, 2021

The Wall Street Journal: Blackstone offers $6 billion to buy Australian casino operator Crown Resorts

The U.S. investment firm has offered 11.85 Australian dollars, or the equivalent of $9.15, a share for Crown, a 20% premium to its closing share price last week, Crown said Monday......»»

Category: topSource: marketwatchMar 21st, 2021

Earnings Results: Home deliveries boost FedEx’s sales past $20 billion, profit nearly triples

FedEx Corp. blows past Wall Street expectations for its third quarter thanks to residential package deliveries and says demand for its services will remain 'very high.'.....»»

Category: topSource: marketwatchMar 18th, 2021

Earnings Results: Home deliveries boost FedEx’s sales past $20 billion, profit nearly doubles

FedEx Corp. blows past Wall Street expectations for its third quarter thanks to residential package deliveries and says demand for its services will remain 'very high.'.....»»

Category: topSource: marketwatchMar 18th, 2021

Report: Torchy"s Tacos planning IPO with help of major banks

Torchy's Tacos could be looking at a $1 billion valuation through an initial public offering this year, according to a recent Bloomberg report. It would be the second local Tex-Mex chain to hit Wall Street......»»

Category: topSource: bizjournalsMar 15th, 2021

Extended Stay"s stock soars after WSJ report of $6 billion buyout deal with Blackstone, Starwood

Shares of Extended Stay America Inc. soared 15.9% toward a 2-year in premarket trading Monday, after The Wall Street Journal reported that the hotel operator has agreed to be acquired by Blackstone Group and Starwoo.....»»

Category: topSource: marketwatchMar 15th, 2021

The Wall Street Journal: Ride-hailing startup Grab is in talks to go public through SPAC merger

Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-hailing startup at as much as $40 billion, making it by far the largest such deal on record......»»

Category: topSource: marketwatchMar 11th, 2021

5 Stocks To Watch For March 10, 2021

Some of the stocks that may grab investor focus today are: Wall Street expects United Natural Foods Inc (NYSE: UNFI) to report quarterly earnings at $0.81 per share on revenue of $6.91 billion before t.....»»

Category: dealsSource: nytMar 10th, 2021

The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020

The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»

Category: topSource: marketwatchMar 10th, 2021

After raising $3.7 billion for 5 SPACs in 2020, investor Chamath Palihapitiya has reportedly confidentially filed for 7 more with the SEC

Chamath Palihapitiya's enthusiasm for SPACs may run even deeper than his Wall Street disciples and social media foll.....»»

Category: topSource: businessinsiderMar 6th, 2021

Boeing upgrade, Nikola downgrade among today"s top calls on Wall Street

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 5th, 2021

The Wall Street Journal: Texas overcharged $16 billion for power during last month’s crisis, monitor says

An independent market monitor said the Texas power-grid operator made a critical mistake that resulted in $16 billion in electricity overcharges last month, and recommended that the charges be reversed......»»

Category: topSource: marketwatchMar 4th, 2021

5 Stocks To Watch For March 4, 2021

Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Co (NYSE: KR) to report quarterly earnings at $0.69 per share on revenue of $30.86 billion before the opening bell. Kr.....»»

Category: earningsSource: benzingaMar 4th, 2021

Earnings Results: Okta to buy competitor Auth0 for $6.5 billion, stock drops as earnings outlook comes up short

Okta Inc. shares dropped in the extended session Wednesday after the identity-management services company's bottom-line outlook fell well short of Wall Street expectations and as company announced a big acquisition......»»

Category: topSource: marketwatchMar 3rd, 2021