In 2022, Pentair announced an agreement to acquire Manitowoc Ice from Welbilt for roughly $1.6 billion. Manitowoc Ice is a leading producer of commercial ice makers, with roughly 50% market share of ...
Starbucks Corp. (SBUX) on Tuesday reported preliminary fourth-quarter results, and investors were not pleased. The coffee chain said that same-store sales fell 7% year over year, with revenue down 3% ...
If you are thinking of signing up for a Medicare Advantage plan for the first time this open-enrollment season, watch out for the "Hotel California" clause: Once you're on the privatized program, you ...
The 2-year yield rose 0.012 percentage point to 4.037% today. The price fell 1/32 to 99. --Yield is up 0.085 percentage point ...
The 10-year Treasury yield sits at a roughly three-month high after having jumped 58.3 basis points, as of Tuesday, from its 52-week low of 3.622% on Sept. 16.
Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its ...
Recently, however, the selloff narrative also reflects a shift on Wall Street, with investors now hedging on a potential "red wave" sweep in November's election that squarely puts power in the hands ...
Moving Forward: Harvesting of corn and soybeans in the U.S. continues to run ahead of the average pace over the past five years, limiting gains seen in futures. The USDA said the corn crop is 65% ...
Norway has the largest SWF - Norway Government Pension Fund Global - with more than $1.7 trillion currently, according to data from the Sovereign Wealth Fund Institute. Norway's fund generated income ...
Oil futures scored a second straight session of gains on Tuesday to claw back some of steep losses suffered last week, with prices supported by some upbeat prospects for Chinese demand and ongoing ...
Verizon is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The wireless carrier reported a smaller profit and flat revenue in the ...
Phunware shares (PHUN), which are up eight of the past nine days and have attracted meme-like attention, were on pace for their largest percent increase since March 4, when they rose 75.3%, Dow Jones ...