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Maverick Capital cuts stake in Coupang, piles into U.S. airlines, energy firms - Vimarsana News

Maverick Capital cuts stake in Coupang, piles into U.S. airlines, energy firms

The Texas hedge fund picked up positions in an array of U.S. companies as it reduced its holdings in the South Korean company

Shares of automakers jump on buyback and dividend boost - Vimarsana News

Shares of automakers jump on buyback and dividend boost

Shares of automakers led European stocks higher Thursday, after Renault sharply raised its dividend following a boost to sales and Stellantis proposed a €3...

Cisco Stock Falls. Why Wall Street Is Losing Patience Over Its AI Credentials. - Vimarsana News

Cisco Stock Falls. Why Wall Street Is Losing Patience Over Its AI Credentials.

Cisco Systems stock fell ahead of the open Thursday as its guidance disappointed investors and analysts.

Kerry Group Pretax Profit Rose; Plans Further Share Buyback - Vimarsana News

Kerry Group Pretax Profit Rose; Plans Further Share Buyback

By Najat Kantouar Kerry Group reported a higher pretax profit for 2023 despite lower revenue, and said it plans a further share-buyback program this year...

Children's Place discloses that investor group has built majority stake, triggering a clause that puts it in default on credit agreement - Vimarsana News

Children's Place discloses that investor group has built majority stake, triggering a clause that puts it in default on credit agreement

Troubled retailer will hold talks seeking financing, and says the move has put it into default on its credit agreement