Yum Brands secures $2.3 billion from Pizza Hut sales and announces a $4 billion share repurchase plan amid shifting consumer trends. Yum Brands will sell Pizza Hut in two deals, netting $2.3 billion to strengthen its balance sheet. The transactions involve LongRange Capita
The Wendy's Company (WEN) soared more than 29% in premarket trading on Wednesday after the restaurant stock was being actively discussed on the WallStreetBets Reddit (RDDT) community. The restaurant name features the GameStop (GME)-type recipe of having a Newsletters for E
June 24 The spotlight is on chipmaker Micron Technology as it prepares to report earnings, with investors bracing for further volatility following sharp market swings fueled by large flows tied to SpaceX and a two-day boom-bust in semiconductor stocks. Last June, Micron wa
The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) has raised its annual dividend every year since its 2011 inception That's 14 consecutive years of dividend growth, a feat that few dividend ETFs can match. The other stats behind that streak are equally impressive:
Crypto exchange Binance confirms it will pursue alternative EU licensing routes after failing to secure approval in Greece. Binance has reaffirmed its commitment to operating in Europe despite its failed bid for a Greek regulatory license. The exchange’s Head of Europe and
The pair drops to 1.3150 amid stronger USD demand fueled by an 86% chance of a Fed rate increase by year-end. The British Pound declines 0.38% to 1.3150 against the US Dollar in European trading, pressured by hawkish Federal Reserve expectations. The US Dollar Index rises
The contract under the USDA's PINE agreement more than doubles Bowman's prior award for multi-state imagery acquisition. Bowman Consulting (BWMN) has been awarded an $11.2 million contract by the U.S. Department of Agriculture for aerial data acquisition across multiple st
Wedbush analysts assess potential impact of Google replacing Broadcom with MediaTek for tensor processing units. Broadcom (AVGO) faced scrutiny after reports suggested Google (GOOG) (GOOGL) could replace it with MediaTek as the primary supplier of tensor processing units.
Morgan Stanley's North Haven Private Income Fund told investors it will fulfill roughly 43% of second-quarter withdrawal requests after investors sought to redeem 11.6% of units outstanding — more than double the fund's 5% quarterly repurchase cap. The $7 billion fund said
Seccl, the embedded investment platform owned by Octopus, has created an Irish subsidiary as it seeks to expand into the European market. Ronan Gahan will lead the new Irish unit, Seccl Ireland DAC, as the chief executive The step follows demand from existing client
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