Corporate Actions

Ryan Cohen cashed out of Bed Bath & Beyond stock with more than $58 million profit; shares plunge again

Investor Ryan Cohen has confirmed that he sold his entire stake in retailer Bed Bath & Beyond Inc. with profit of more than $58 million, and shares plummeted in after-hours trading for a second consecutive day Thursday. A filing with the Securities and Exchange Commission that was made public after markets closed Thursday showed that …

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Tesla investors pave way for stock split, vote with company on most proposals

Tesla Inc. shareholders on Thursday approved a proposal expected to lead to a 3-for-1 stock split and sided with the company on most of the proposals up for a vote. Tesla TSLA, +0.40% announced preliminary vote results at its gigafactory in Austin, its new corporate headquarters, at the end of an official shareholder meeting that …

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AT&T earnings were ‘actually good’ despite stock selloff, says analyst

AT&T Inc.’s shares fell sharply Thursday after the telecommunications giant cut its free-cash-flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, LightShed Partners analyst Walt Piecyk titled his research note: “AT&T’s Q2 Was Actually Good. Here’s Why.” Admittedly, AT&T’s T, -7.62% management team didn’t win points from …

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I’m the chief economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market now

Mark Fleming Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here). So – as part of our series where we ask prominent economists and real estate pros their take on the housing market now – …

I’m the chief economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market now Read More »