Walmart proposed to buy Vizio for $11.50 per share, a premium of 47% to the company's closing price of $7.82 as of Feb. 12, the day before reports about deal talks emerged.
Berkshire Hathaway dumped a small portion of its Apple shares. The fourth-quarter selloff involved 10 million of the tech giant's stocks, an SEC filing showed.
Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, offloaded about 30.4 million shares from its investment in Paramount Global.
U.S. stocks took a beating after a hotter than-expected-inflation report sent investors scrambling and questioning whether future rate cuts are now off the table.
The S&P 500, the broadest measure of the stock market, has never been higher as it cinched its first 1,000-point milestone since April 2021 but skeptics question it's sustainability.
Facebook parent Meta is recording the biggest one-day jump in market value for a U.S. company after the tech giant announced it will pay its first quarterly dividend.
The Center for Renewing America, a conservative policy group, has filed an ethics complaint against Rep. Jamie Raskin, D-Md., for failing to disclose his wife's stock trades.
Jeff Bezos may offload a large amount of Amazon shares in the next year, a filing with the Securities and Exchange Commission indicated.
For Google parent Alphabet and its investors, the race to dominate artificial intelligence is a balancing act of spending against a potential payoff and an uncertain timetable.
Walmart announced a three-for-one stock split which will help more investors and employees buy full shares of the company. It goes back to the founder's mission.
GM CFO Paul Jacobson said in a call with reporters that the automaker expects its electric vehicle operations will begin returning variable profit by the second half of the year.
The purchase was part of the TASE's secondary offering of 18.5% of its shares, in which it sold 17.2 million shares at 20.60 shekels per share for 353.4 million shekels ($95 million).
GE said the aerospace business, which makes engines for jets of Boeing and Airbus, is expected to report $6 billion to $6.5 billion in adjusted operating profit in 2024.
The largest U.S. lender has benefited from its acquisition of failed First Republic Bank in May that brought in billions of dollars of loans and bolstered its net interest income.
The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.
FIRST ON FOX: Nearly two dozen Republican-led states are joining forces to oppose a Biden administration proposal aiming to create a new corporate taxonomy for environmentalists.
The S&P 500 and Dow Jones Industrial Average are riding into 2024 with fresh highs and optimism that stocks can keep climbing into the new year.
Stocks rallied during trading Tuesday after the Christmas weekend, pushing the S&P 500 up more than 20 points as it approached record levels.
Explore how the holiday season affects the stock market: reduced trading, year-end shifts, and festive sentiments influencing investor behavior.
The company laid out a $2 billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year.