Macy’s Rejects $5.8 Billion Takeover Offer; Shareholders May Become TargetsJanuary 22, 2024 News Macy’s, the world-renowned department store chain, has recently turned down an unsolicited offer of $5.8 billion to go private. In…
A Closer Look at Cummins: Challenges and InvestmentsJanuary 19, 2024 News BofA Securities analyst Michael Feniger considers Cummins to be a “strong operator” with a solid balance sheet. However, there are…
Spotify Stock Takes a Hit as Analyst Downgrades CompanySeptember 28, 2023 News Spotify Technology stock, which has seen a remarkable surge of nearly 95% year-to-date, is now facing a downturn. Analyst Brian…
WeWork Faces UncertaintyAugust 12, 2023 News WeWork, the once-mighty office-rental company, is grappling with serious doubts about its future viability. In its second-quarter earnings report, released…