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KFC parent Yum Brands approves $2 billion in share buybacks

KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.

Thu May 16, 2024 03:13
Soros Fund Management dumps New York Community Bank stake

Soros Fund Management eliminated its stake in New York Community Bank, a regulatory filing shows.

Thu May 16, 2024 03:13
Bill Ackman’s Pershing Square dumps stake in Lowe’s, keeps Google

Home-improvement retailers are in the spotlight as mortgage rates stay high

Thu May 16, 2024 03:13
Netflix hits 40 million active users for ad tier, putting it closer to the big leagues for advertisers

Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.

Thu May 16, 2024 01:50
Here are some of the tech stocks Daniel Loeb’s Third Point hedge fund has snapped up

Daniel Loeb’s Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.

Thu May 16, 2024 01:50
Cisco’s stock rises as demand stabilizes and revenue outlook impresses

“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.

Thu May 16, 2024 01:50

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