Text size Sean Gallup / Getty Images Tesla stock splits this week. That could mean another wild week of trading. Tesla (ticker: TSLA) shareholders of record on August 21 will receive a dividend of four additional shares of common stock, which will be distributed after the close of trading on …
Read More »Apple stock reaches a new high on the way to a split. But 5G is still ‘the Linchpin.’
Text size On August 31, Apple shareholders will receive four shares in exchange for each one they own. Roslan Rahman / AFP via Getty Images Apple stock went to new highs Monday, a week out of its 4-for-1 stock split. Morgan Stanley analysts Katy Huberty and Erik Woodring raised their …
Read More »Johnson & Johnson adds debt frenzy, borrowing $ 7.5 billion to buy Momenta
The Johnson & Johnson logo is displayed outside the company’s headquarters in New Brunswick, NJ Bloomberg News Johnson & Johnson on Thursday announced their top AAA credit ratings to borrow $ 7.5 billion in cheap financing for their acquisition of Momenta Pharmaceuticals, Inc. J&J, which makes drugs, consumables and medical …
Read More »Intel stock market jumps on $ 10 billion purchase
Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
Read More »Robinhood is now valued at $ 11.2 billion after last round of financing
Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
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