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REFILE-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.
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
Cryptocurrencies
Vice President JD Vance calls for crypto market structure bill, blasts anti-crypto regulators
Bitcoin (BTC) trades around $107,000 on Wednesday following a session by United States (US) Vice President JD Vance at the Bitcoin Conference in Las Vegas, where he highlighted the importance of passing a crypto market structure bill.
Bitcoin
Fxstreet
Wed, May 28
Stocks
2 Beaten-Down Tech Stocks to Watch in June
Even though the S&P 500 has recovered most of its losses in 2025, this has been a challenging year for some stocks as they grapple with regulatory challenges and economic uncertainty. Let's explore the pros and cons for Super Micro Computer (NASDAQ: SMCI) and Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG)....
The Motley Fool
Wed, May 28
Stocks
Victoria's Secret pulls down website amid security incident
By AJ VicensDETROIT, May 28 (Reuters) - Clothing and lingerie retailer Victoria’s Secret VSCO.N suspended most of the functionality of its website and some in-store services to “address a security incident,” according to a statement posted to the company’s website on Wednesday."We identified and...
Reuters
Wed, May 28
Stocks
Why Vail Resorts Stock Soared on Wednesday
The return of a leader was the news driving Vail Resorts (NYSE: MTN) stock up toward a peak on Wednesday. The company's share price popped by almost 9% on the day after this development hit the headlines, comparing most favorably to the S&P 500's (SNPINDEX: ^GSPC) 0.6% decline.The former and current...
The Motley Fool
Wed, May 28
Stocks
Nordson beats quarterly revenue estimates helped by growth in medical business
May 28 - Dispensing equipment maker Nordson NDSN.O beat Wall Street estimates for second-quarter revenue and profit on Wednesday, helped by growth in its medical and fluid solutions business. Shares of the Westlake, Ohio-based manufacturer rose more than 3% in extended trading. The medical and fluid...
Reuters
Wed, May 28
Stocks
Birkenstock slips as L Catterton to slice stake in secondary offering
** Shares of German sandals maker Birkenstock BIRK.N down 1.9% in extended trading to $53.25 after it launches secondary offering** Co says affiliate of private equity firm L Catterton to sell ~15.7 mln shares ** Concurrently, co to repurchase $200 mln worth of shares, (roughly ~3.7 mln shares) from...
Reuters
Wed, May 28
Stocks
This Stock Pays a Monthly Dividend. Here Is How Much You Would Need to Invest to Receive $100 Every Month
When you work at your job, you're trading your time and energy for money. The magic of investing in dividend stocks reverses this concept. When your investments pay you, you can keep more time and energy for yourself, not your boss.Many stocks pay a quarterly dividend, but Realty Income (NYSE: O) wi...
The Motley Fool
Wed, May 28
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