The company, founded and owned by Detroit billionaire Dan Gilbert, has filed its IPO prospectus confidentially, sources said.
Schlagwort-Archiv: Financial
Op-ed: Why millennials are investing during this crisis — ‚We aren’t going to miss it this time‘
CNBC’s Courtney Reagan says she and others in her age group are hopeful that the American economy will be resilient, as it has been in the past.
Ex-Citigroup CEO Sandy Weill calls Morgan Stanley and Charles Schwab ‚very good buys‘
Sandy Weill, the former Citigroup CEO and chairman who helped create the megabank model in the 1990s, said Friday that Morgan Stanley and Charles Schwab were „really very good buys.“
Stock market live updates: Dow bounces 700 points, reopen trades back on, United pops 11%
A conversation on the latest market-moving news.
Stocks making the biggest moves in the premarket: Lululemon, Caterpillar, Sony, Tesla, Boeing & more
The stocks making the biggest moves in premarket trading include Lululemon, Caterpillar, Sony, Tesla, Boeing, and more.
Robinhood traders are not behind the rally and their favorites actually underperform, Barclays says
Barclays‘ analysis finds that just as some retail investors are cashing in, many others are getting the market all wrong and losing money.
Stocks making the biggest moves after hours: PVH, Adobe, Lululemon and more
Check out the companies making headlines after the bell.
Taco Bell same-store sales decline as chain loses breakfast and late-night customers
Yum Brands said Tuesday that Taco Bell’s U.S. same-store sales have declined by high-single digits so far in the quarter.
Lululemon sales fall 17% as retailer takes hit from stores being closed, shares drop
Lululemon reported a first-quarter sales decline of 17%, as its strong digital business wasn’t enough to offset the losses from its stores being temporarily shut due to the coronavirus pandemic.
Pershing Square’s Ackman eyes $1 billion-plus ‚blank-check‘ company, sources say
Ackman, whose New York-based hedge fund has more than $10 billion in assets under management, is working with investment banks Jefferies, UBS Group AG and Citigroup on the IPO, referred to on Wall Street as a special purpose acquisition company (SPAC), the sources said.