Stocks

© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File Photo By Tom Hals WILMINGTON, Delaware (Reuters) – A legal team that forced Tesla (NASDAQ:)’s directors to agree in July to return more than $700 million…

© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid By Stephen Culp NEW YORK (Reuters) – Wall Street tanked in a broad sell-off on Thursday, as investor risk appetite was dashed by worries that the…

© Reuters. Cisco Systems (CSCO) to acquire Splunk (SPLK) for $28 billion; Shares fall Cisco Systems (NASDAQ:) and Splunk (NASDAQ:) have entered into a definitive takeover agreement, with Cisco intending to acquire Splunk for $157 per share in cash, two companies said today. The transaction is valued at approximately $28…

© Reuters. (Reuters) – Darden Restaurants (NYSE:) beat quarterly sales and profit estimates on Thursday, helped by higher menu prices, easing cost pressures and steady demand at its casual dining restaurant chains. However, shares of Orlando, Florida-based Darden were about 1% lower in premarket trade after the company maintained its…

© Reuters. Citi comments on XPeng’s (XPEV) cheaper new G9 SUV Citi reiterated a Sell rating on Xpeng (NYSE:) with a 12-month price target of $15.00 on the stock after the Chinese electric vehicle maker released a lower price trim for their G9 electric SUV, entering the cheaper and below…

2/2 © Reuters. A caravan of striking United Auto Workers from the Jeep plant in Toledo, Ohio, drive past striking Ford UAW members in solidarity outside the Ford Michigan Assembly Plant in Wayne, Michigan U.S. September 19, 2023. REUTERS/Rebecca Cook/File Photo 2/2 By Andy Sullivan WASHINGTON (Reuters) – Americans broadly…

© Reuters. Investing.com — U.S. fell sharply Thursday, as the Federal Reserve’s hawkish stance in the wake of its latest policy-setting meeting raised concerns about further rate hikes hitting economic activity. Here are some of the biggest premarket U.S. stock movers today: FedEx (NYSE:) stock rose 5.1% after the delivery…

© Reuters. The logo of networking gear maker Cisco Systems Inc is seen during GSMA’s 2022 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2022. REUTERS/Nacho Doce (Reuters) -Cisco Systems on Thursday agreed to acquire cybersecurity company Splunk (NASDAQ:) for about $28 billion, in its biggest acquisition ever that…

© Reuters Investing.com — U.S. stocks are falling as investors readied for the highly-anticipated two-day Federal Reserve policy meeting. At 11:12 ET (15:12 GMT), the was down 248 points or 0.7%, while the was down 0.7% and the was down 0.8%. Fed’s two-day meeting starts The U.S. is set to…

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