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CMB Tech to acquire Golden Ocean in $1.5 billion stock deal
May 28 (Reuters) - Belgian oil tanker group CMB Tech CMBT.BR is set to acquire shipping firm Golden Ocean Group GOGL.O in a stock-for-stock deal valued at $1.5 billion, the companies said on Wednesday.Upon completion of the deal, CMB Tech shareholders would own about 70% of the company, while Golden...Reuters
Wed, May 28
Other
Kaiser Permanente says it is facing intermittent network disruptions
May 28 (Reuters) - Healthcare conglomerate Kaiser Permanente said on Wednesday it is facing intermittent network disruptions affecting several of its systems, including electronic health records and patient services.The outage has impacted online features such as e-visits, billing, messaging and acc...Reuters
Wed, May 28
Stocks
Could Investing $10,000 in O'Reilly Automotive Make You a Millionaire?
O'Reilly Automotive (NASDAQ: ORLY) operates a fairly boring business selling auto parts to consumers and commercial customers. And yet a $10,000 investment in the retailer at the turn of the century would now be worth over $1.2 million. Could putting $10k into the stock today make you a millionaire?...The Motley Fool
Wed, May 28
Other
Rubio reiterates "good faith dialogue with Ukraine" as only path to war's end in call with Russian foreign minister
May 28 (Reuters) - U.S. Secretary of State Marco Rubio doubled down on President Donald Trump's calls for "good faith dialogue" between Ukraine and Russia as the only path to ending the war when he spoke with his Russian counterpart on Wednesday, the department said.During the call with ...Reuters
Wed, May 28
Commodities
COLUMN-What to make of surprisingly low US crop ratings: Braun
By Karen Braun NAPERVILLE, Illinois, May 28 (Reuters) - The U.S. corn crop has gotten off to a somewhat disappointing start in what is supposed to be a record producing season.Meanwhile, U.S. spring wheat is experiencing its second-worst start to the growing season in history after this year’s pl...Reuters
Wed, May 28
Stocks
US FTC says it will require Synopsys, Ansys to divest certain assets to resolve merger concerns
WASHINGTON, May 28 (Reuters) - The U.S. Federal Trade Commission said on Wednesday it will require two software companies —Synopsys SNPS.O and Ansys ANSS.O— to divest certain assets to resolve antitrust concerns surrounding their $35 billion merger.Reuters
Wed, May 28
Stocks
Salesforce raises annual results forecast on strong cloud spending
Salesforce raises annual revenue, profit forecastsEnterprise cloud spending remains resilientSince launch, it has closed over 8,000 deals for Agentforce Informatica acquisition sparks concerns about long-term M&A strategy By Zaheer Kachwala May 28 (Reuters) - Salesforce CRM.N raised its reven...Reuters
Wed, May 28
Stocks
This Warren Buffett Dividend Stock Is Crushing the S&P 500. Here's Why It's Still Worth Buying in June for Passive Income.
Folks often turn to Warren Buffett-led Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for investment ideas. And for good reason, as Berkshire Hathaway achieved a compound annual gain of 19.9% between 1965 and 2024 compared to 10.4% for the S&P 500 (SNPINDEX: ^GSPC).But a lot has changed in the last ...The Motley Fool
Wed, May 28
Stocks
3 Reasons Boeing Stock Is a Buy
Boeing (NYSE: BA) stock is up around 14% so far this year, and analysts have been raising their price targets after the company reported a narrower-than-expected first-quarter loss in late April. While it's been a bumpy flight for Boeing investors in recent years, there are clear signs that the emba...The Motley Fool
Wed, May 28
Stocks
If You Invest $100 a Month in This Warren Buffett-Approved ETF, You Could Have $417,000 in 30 Years
Investors often chase the newest and hottest stocks. But any stock decision you make should be backed up by careful research, not the whims of the market. Slow and steady wins the race, even if it's less exciting.Investing in an exchange-traded fund (ETF) that tracks a market index offers incredible...The Motley Fool
Wed, May 28
Stocks
Why Curaleaf Stock Was a Winner on Wednesday
Investors traded up marijuana stock Curaleaf (OTC: CURLF) cautiously on Wednesday, on a set of news items that were mildly positive for its industry. Curaleaf's share price ticked up by 0.6% as a result, exactly the mirror image of the S&P 500's (SNPINDEX: ^GSPC) 0.6% decline on the day.Expanding me...The Motley Fool
Wed, May 28
Stocks
ATS Corp reports results for the quarter ended March 31 - Earnings Summary
ATS Corp ATS.TO reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of eight analysts for the quarter was for earnings of 37 cents per share. Wall Street e...Reuters
Wed, May 28
Cryptocurrencies
Mayor Eric Adams wants New York City to become the first city globally to issue a Bitcoin-backed bond
Mayor Eric Adams, while talking at the ongoing Bitcoin conference, has revealed New York City will be the first city in the world to issue a Bitcoin-backed bond, referred to as a BitBond. Mayor Adams emphasized his commitment to introducing what he tagged a new financial instrument and also revealed intentions to eliminate the New […]Cryptopolitan
Wed, May 28
Stocks
Got $10,000 to Invest? This High-Yield Dividend ETF Can Effortlessly Turn It Into More than $400 of Annual Passive Income.
Making money usually requires a lot of effort. You have to actively work at a job. Even passive income sources often require hands-on activity, like managing a rental property or a portfolio of dividend stocks. However, some income options are effortless. Investing in dividend ETFs is one of the eas...The Motley Fool
Wed, May 28
Stocks
PepGen to discontinue development of experimental Duchenne therapy; shares drop
May 28 (Reuters) - Drug developer PepGen PEPG.O said on Wednesday it will discontinue development of its experimental therapy for Duchenne muscular dystrophy (DMD) after it failed to boost production of a protein in a mid-stage study.Shares of the company were down 9.5% at $1.43 in extended trading....Reuters
Wed, May 28
Stocks
2 Stocks Down 30% and 18% to Buy Hand Over Fist
The fintech industry is on a rapid northbound path, and thanks to the increased need for digital payment methods, that likely won't stop anytime soon. Naturally, investors want to cash in on this, and two notable companies to consider doing so are Block (NYSE: XYZ) and PayPal (NASDAQ: PYPL). These f...The Motley Fool
Wed, May 28
Other
Kaiser Permanente Says Currently Experiencing Network Interruptions With Some Of Our Applications
May 28 (Reuters) - KAISER PERMANENTE - CURRENTLY EXPERIENCING NETWORK INTERRUPTIONS WITH SOME OF OUR APPLICATIONSKAISER PERMANENTE - OUTAGE MAY CAUSE DELAYS WITH LAB, RADIOLOGY AND PHARMACY SERVICES ONLINE AND IN OUR FACILITIESSource text: [https://tinyurl.com/3nztpf3v]Reuters
Wed, May 28
Stocks
U-Haul Holding Co reports results for the quarter ended March 31 - Earnings Summary
U-Haul Holding Co UHAL.N reported a quarterly adjusted loss of 46 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of two analysts for the quarter was for a loss of 17 cents per share. Wall Stree...Reuters
Wed, May 28
