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American Express Global Business Travel agreed to be acquired by Long Lake Management in an all-cash deal valued at $6.3 billion, the companies said Monday. Shareholders will receive $9.50 per share under the terms of the offering, a 60.2% premium to the stock’s closing price on May 1, and Long Lake will be backed by…
Quick reading This strategy works for investors with 7-15 year horizons willing to live on 1-2% returns today, but fails for retirees who need immediate cash flow regardless of dividend growth. Are you ahead or behind in your retirement? SmartAsset’s free tool can connect you with a financial advisor in minutes to help you answer…
What happened: Cryptocurrency-related stocks rallied on Monday, with shares of Circle Internet Group (CRCL) and Coinbase Global (COIN) rising 15% and 5%, respectively. What’s behind the measure: Investors are digesting the long-awaited language on stablecoin performance that has delayed the key cryptocurrency industry bill in Congress. Coinbase and Circle share a long-term commercial distribution agreement…
Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTubeor wherever you find your favorite podcasts. Chipotle (CMG) CEO Scott Boatwright cut a fine figure while visiting with staff at a New York City store on a recent Friday afternoon. The restaurant manager was eager to see him and…
Baron Capitalan investment management firm, released its Q1 2026 investor letter for the “Baron Health Care Fund.” A copy of the letter is available to download here. Baron Health Care Fund (the Fund) declined 6.97% (institutional shares) for the quarter, compared to the 4.88% decline in the Russell 3000 Health Care Index (the benchmark) and…
Technological giant Apple (NASDAQ:AAPL) announced stellar fiscal second-quarter results last week. But there is one element of the report, beyond the headlines about strong iPhone sales and solid guidance, that deserves a closer look. Last week, along with its fiscal second-quarter results, the iPhone maker said its board authorized an additional $100 billion in stock…
Inspiration Mining has contracted Flamingo Drilling to begin diamond drilling at its Rottenstone North Gold-Copper project located in northern Saskatchewan, Canada. The initiative will focus on exploring volcanogenic massive sulfide (VMS) targets for copper, zinc, lead, silver and gold along the project’s southeastern boundary. Drill sites were selected based on geophysical anomalies and structural corridors…
UHY Hacker Young, a UK-based network of chartered accountants, has promoted Michelle Hughes to partner in its Kent offices, effective 1 May 2026. Hughes first joined the firm in 2017 and became a chartered accountant in 2019. He has been part of the audit and accounts team, working in large and complex corporate groups, including…
Caterpillar Inc. (NYSE:CAT) is among the Stocks to invest in before it splits next time.. In particular, Caterpillar Inc. (NYSE:CAT) has a history of rewarding shareholders through stock splits, having split its stock several times over the decades, most recently in 2005. On April 24, BofA Securities raised its price target on Caterpillar Inc. (NYSE:CAT)…
Find out how much you could earn at current savings rates. Savings account interest rates have been falling, so it’s important to make sure you’re getting the best rate possible when looking for a savings account. The following is a breakdown of current savings interest rates and where to find the best deals. Overview of…
