SAO PAULO, Oct 5 (Reuters) – Brazilian miner Vale SA on Wednesday confirmed it has hired advisors to assess "long term value-unlocking alternatives," after Financial Times reported the company was looking to sell a stake in its metals business.
Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction.
Financial Times had reported earlier in the day that Vale was in talks to sell a $2.5 billion minority stake in its metals business, citing people familiar with the matter. (Reporting by Gabriel Araujo; Editing by Steven Grattan)
Vertex Pharmaceuticals (VRTX) closed the most recent trading day at $295.23, moving -1.14% from the previous trading session.
Here are the markets that will be open on Columbus Day, also recognized as Indigenous Peoples' Day, on Monday, Oct. 10.
PayPal is in trouble. "You are independently responsible for complying with all applicable laws in all of your actions related to your use of PayPal's services, regardless of the purpose of the use," the document, called "Acceptable Use of Policy," said.
The year 2022 has been a painful journey for semiconductor manufacturers. Following the example of AMD , Nvidia and Intel , which are the three main players in the sector, 2022 is a year to forget .Their valuations are in recession. Advanced Micro Devices (AMD) currently has a market value of $94.4 billion, which is a decrease of at least $83 billion compared to December 31, 2021.
Everyone knows that you should buy low and sell high if you want to turn a profit in the markets. The trick is finding the bottom, to know when to buy. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, sees the market bottom hitting in the next couple of weeks, making the end of October the right time for investors to buy in. Referring to some recent predictions by market technician Larry Williams, Cramer says, “The bear market is more or less… toast and, even if the current rally s
This indicator has correctly predicted five steep stock market declines since 1870 — and it's highly successful at calling bottoms, too!
The veteran telecom company is having a stellar year in many respects, but reason for concern has emerged.
Tesla stock is forming a bearish head-and-shoulders pattern. And with CEO Elon Musk likely selling more stock to fund his Twitter purchase, shares of the electric-vehicle giant might have further to fall.
For the retail investor, the only certainty of our current market environment is uncertainty. Volatility is up, and the main indexes are showing deepening losses. As if that wasn't enough, at least one market bull is turning a bit more pessimistic. JPMorgan strategist Marko Kolanovic has been one of the more bullish voices on Wall Street in recent months, but current conditions have him pushing the timeline back. While he still believes that the S&P 500 can hit 4,800, or a 32% gain from current
The 30 components of the Dow Jones Industrial Average (DJIA) tend to be industry-leading companies that are meant to provide a representation of the broader economy. Honeywell (NASDAQ: HON), Intel (NASDAQ: INTC), and Chevron (NYSE: CVX) stand out as three reliable Dow stocks to buy in October and hold for decades.
In Musk v. Twitter, a part of the business life of the richest man in the world is revealed. Private messages exchanged with his inner circle immerse us into his process when he conceives an idea. The messages were released by the Delaware Chancery Court as part of the proceedings between the two parties.
Three major real estate investment trusts (REITs) are hitting new 2022 lows as investors unload in the classic just-get-me-out fashion. American Tower Corp. (NYSE: AMT), Digital Realty Trust Inc. (NYSE: DLR) and Medical Properties Trust Inc. (NYSE: MPW) just can’t stop going down lately. The interest rate hikes made by the Federal Reserve Board seem to be hitting this sector hard. Each of these REITs already was declining, but the new lows this week are harsh reminders of the steady downtrend. M
You would think this would be TIPS’ time to shine. Instead, the prices of Treasury inflation-protected securities—government bonds that are adjusted to keep up with inflation—have declined this year, even as inflation has soared. The comparable loss for ICE’s index of regular Treasury bonds was 13.5%.
Luckily for everyday investors like us, institutions that trade stocks need to disclose their transactions to the Securities and Exchange Commission every three months. Ray Dalio's hedge fund, Bridgewater Associates, made a relatively large bet on CVS Health (NYSE: CVS) stock in the second quarter. It's CVS' less visible business segments that have allowed it to more than triple its dividend payout over the past decade.
If you buy one between now and the end of October, you’ll earn a composite interest rate of 9.62%.
These supercharged stocks have the competitive edges and intangibles necessary to make patient investors richer over the coming decade.
CVS Health is down sharply Friday — about 10% — in response to reports that it's in talks to acquire primary care chain Cano Health and a Medicare Advantage plan downgrade. Let's jump to the charts to see what they can tell us.
A market rally attempt is reeling as the indexes plunged on Friday's jobs report. Tesla, AMD and On Semi sold off.
High-yield dividend stocks can be powerful wealth-building tools. Three stocks that fit this definition today are Valero Energy (NYSE: VLO), Verizon Communications (NYSE: VZ), and Tanger Factory Outlet Centers (NYSE: SKT). Over the past decade, only a few oil and natural gas companies have beaten the S&P 500 on a total return basis.
NIO Inc. stock is trending on the Yahoo Finance Platform. Here is a visualization of $NIO performance over time, how that performance compares to the wider industry, and analyst projections for the current quarter.Check out the ticker page here.