DuPont Buys Rogers Corporation in a $5.2 Billion Deal
DuPont de Nemours Inc announced an agreement to buy Rogers Corp., for $5.2 billion, according to a report by Businesswire on Tuesday. The company plans to divest a sizable portion...
Read more
UA Upgrades 2021 Outlook Amid Athletic Apparel Boom
Sports apparel firm Under Armour Inc. upgraded its outlook for the year amid strong demand given the continued implementation of flexible working arrangements, Yahoo! reported. Under Armour said it expects...
Read more
Retail Investors Drive ABVC BioPharma Up 930%
Biotech firm ABVC BioPharma Inc. opened the week on a positive note, as retail traders flocked amid increased attention on trading social network StockTwits, Bloomberg reported. Shares of ABVC soared...
Read more
Musk Says Will Sell Tesla Stock If UN Could Justify How $16B Solves Hunger Problem
The billionaire Elon Musk stated that he would sell his Tesla stock and donate if the UN could prove that $6 billion could save lives and be spent transparently, Business...
Read more
Li Auto October 7,649 Deliveries Surge 107% Year-Over-Year
Li Auto has posted delivery figures of 7,649 Li ONEs, increasing 107.2% year over year, according to a Press Release by Li Auto on Monday. The year-to-date and overall deliveries...
Read more
Volvo Shares Surge Amid Successful IPO
Chinese-owned premium automotive maker Volvo Cars debuted on the stock market with shares up by over a fifth, FT reported. Volvo saw its shares climb to SKr64.73 in midday trading...
Read more
Direxion to Launch US ETF Offering Managed Short Exposure to Bitcoin Futures
The U.S. Bitcoin-related EFT sector may reach another major milestone with an offering that shorts crypto futures, according to a report by Bloomberg on Wednesday. The Direxion Bitcoin Strategy Bear...
Read more
Twitter Jumps as Q3 Earnings Fall in Line With Expectations
Social media giant Twitter saw a rise in its stocks after its third-quarter earnings came in line with analysts’ expectations, CNBC reported. Third-quarter earnings were largely in line with expectations,...
Read more
GM to Install Up to 40,000 Electric Vehicle Charging Stations in U.S. and Canada
General Motors to install nearly 40,000 electric-vehicle charging stations in the United States and Canada, according to a report by Reuters on Tuesday. The announcement comes just months after the...
Read more
Why Biden’s Tax Plans May Be Out of the Table
President Joe Biden’s campaign promise of raising corporate taxes may be out of the table given the opposition of lawmakers, even including Democrats, Bloomberg reported. Among the biggest voices against...
Read more
Hertz Orders 100,000 Tesla Units, Aims Biggest Rental Fleet in North America
American car rental firm Hertz Corp. is set to order an initial 100,000 units from Tesla Inc. as it seeks to have the biggest electric vehicle rental fleet in North...
Read more
HSBC to Invest $2 Billion in Share Buyback as Q3 Profit Soar 74%
HSBC posted a $2 billion share buyback and a 74% surge in third-quarter profit, signaling a bullish economic outlook, according to a report by FT on Monday. Earnings received a...
Read more