Year: 2024

Why did a trillion-dollar company make a music list that would make people lose their minds?

Wood Group said the offer of 220 pence a share significantly undervalues the company and its growth prospects.

The Chinese company plans to raise $4.5 billion through a convertible-bond issue to fund share repurchases, following a similar move by rival e-commerce giant JD.com.

The Justice Department’s new antitrust suit against Live Nation alleges that it chokes competition in ticketing, promotion and venues, and drives up prices for fans.

Gildan Activewear said Glenn Chamandy, the company’s former CEO, will return as CEO following the resignation Thursday evening of Vince Tyra, president and CEO, and the entire board of directors.

GameStop has completed the share offering it launched a week ago in the wake of a stock rally, saying it sold the maximum number of shares it had registered for $933.4 million in proceeds.

The automaker is cutting prices and launching an unusual incentive program following a meeting with retailers.

The focus, analysts say, now turns to the Canadian clothing maker’s ability to bring growth back from a period of stagnating demand and lift the stock out of its slump.

Norges Bank Investment Management has joined a growing list of shareholders to air their concerns over a lawsuit filed by Exxon Mobil against two sustainability investor groups.

They have suffered reversals in their efforts to hold the energy giant to account for climate change, but the family that owes its fortune to oil isn’t backing down.