August 8, 2024
“A U.S. Tax Court judge has ruled that Coca-Cola is on the hook for about $2.7 billion, or about $6 billion including interest, in a long-running dispute with the Internal Revenue Service. The Atlanta beverage giant said Friday that it… Continue Reading…
July 31, 2024
“…The private equity firm sold 41.6 million Nasdaq shares for $65.30 each, according to a statement by the exchange operator Monday. A Thoma Bravo affiliate was offering the stock for between $64.80 and $65.80 each, Bloomberg News reported Friday. The… Continue Reading…
July 24, 2024
“…Outstanding government debt stood at $34.9 trillion ($34,940,154,000,000 to be somewhat more precise) as of Tuesday, according to the latest data from the Treasury Department. That’s a debt load that now represents over 120% of GDP. Earlier this year, the cost… Continue Reading…
June 6, 2024
“Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. This week, Gill’s net worth is over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared… Continue Reading…
May 10, 2024
“…As far as growth goes, Coca-Cola Consolidated doesn’t really have any. Its first-quarter volume was down less than 1% year over year. And with slightly higher prices, its net sales rose 1%. Regarding profitability, there was improvement in the company’s… Continue Reading…
May 8, 2024
“Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday… Wayfair shares closed more than 16% higher Thursday. The company’s reported net… Continue Reading…
May 3, 2024
“Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer, pending approval of the claimants. Those cases… Continue Reading…
May 1, 2024
“ …” https://www.cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html His sell of stock might not be long term. (over five years) There’s always the possibility of him just wanting to avoid the upcoming stock market crash. It’s going to happen and can’t be avoided. Once the… Continue Reading…
April 26, 2024
“Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble… The company previously said it would sell off 20,000 EVs from its fleet, meaning it will now dispose of 30,000 EVs in its fleet… Continue Reading…
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