Macy’s disputes with Arkhouse Management over proxy contest. Rejected proposal, lack of financing details, market reaction.
Shares of global mining groups listed in London faced a setback due to concerns about weak growth in China leading to a decline in iron ore prices. Despite efforts to boost the struggling property sector, fears persist about the impact on demand for key resources like iron ore.
Goldman Sachs CEO's total compensation for 2023 reaches $31 million, a 24% increase from the previous year. Despite challenges faced by Goldman, the Compensation Committee highlights the importance of senior management's decisions for future success.
DraftKings releases quarterly report, raises outlook for 2024, and acquires Jackpocket for $750M. Optimistic industry analysts highlight DraftKings' position in the competitive online sports betting market.
Apple is set to announce its AI plans at the Worldwide Developers Conference (WWDC), with rumors surrounding Siri and an AI software tool for developers. Experts anticipate that this announcement will be a pivotal moment for the company.
General Electric (GE) has submitted a filing to the SEC providing key details about the pending breakup of the company into GE Aerospace and GE Vernova. The filing reveals that GE Vernova will start with no debt and $4.2 billion in cash, while GE Aerospace will have $15 billion in cash and $18 billion in debt. GE Vernova will consist of three business segments: Power, wind, and electrification.
DraftKings will release its quarterly earnings report, and investors are excited about its expected growth and performance compared to rivals in the gambling sector.
Deere, a leading agricultural machinery manufacturer, is expected to report positive quarterly earnings based on the performance of its industry counterparts. Investors are eagerly awaiting Deere's fiscal first-quarter earnings report.
Chefs' Warehouse reports impressive Q4 earnings with 20.1% increase in net sales, exceeding expectations.