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font size Campus of Johnson & Johnson in Irvine, California. Mario Tama/Getty Images It is a difficult time for investors Johnson & Johnson who need to decide soon about participating in it J&J’s $40 billion exchange offer To participate in Kinfu And J&J’s consumer health business went public in May. The offer expires on Friday, … Read more
Tesla (TSLA) once again lowered prices in China on two Model Y car models and offers insurance subsidies to Model 3 buyers. The move shows that competition for electric car prices remains fierce, even amid mounting speculation about the release of Tesla’s revised Model 3. . X The global EV giant announced Sunday that prices … Read more
Shares of Discover Financial fell 9% on Tuesday after the Riverwoods-Ill. Roger Hochschild will be stepping down as effective CEO with immediate effect. The company said after markets closed Monday that John Owen, a board member and former chief financial officer for Regions, will serve as interim CEO and president. Discover will work with a … Read more
(Bloomberg) — Charles Schwab Corp. said it is seeing temporary lower net inflows of client funds as the brokerage sees a drain on some of the assets of retail and advisory clients as it integrates TD Ameritrade into its business. Most Read from Bloomberg Chief Financial Officer Charles Schwab Peter Crawford said in a statement … Read more
Internet service company in Southeast Asia Sea Ltd. (SE) on Tuesday after reporting second-quarter revenue that missed analyst estimates. SE stock was down more than 29% at midday. The Singapore-based company reported earnings of 54 cents per share for the quarter ended in June on revenue of $3.1 billion. However, analysts polled by FactSet expected … Read more