Corporate Actions
Mark Zuckerberg could pay millions in taxes to the IRS on Meta dividends
Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The ...
Novartis to Complete Spinoff of Generic Drug Division
Novartis’ generic drugs and biosimilars division will start trading on Wednesday as Sandoz. Courtesy Novartis Text size Swiss pharmaceutical firm ...
Berkshire Hathaway Sells 4.8 Million Shares of HP; More Sales Could be Coming
Text size Berkshire Hathaway sold 4.8 million shares of HP Inc. worth about $130 million in recent days, according to ...
Magellan Midstream Partners Unit Holders Approve $19B Merger Deal With Oneok
Text size Magellan Midstream Partners and Oneok reached a merger deal in mid-May. Brandon Bell/Getty Images Magellan Midstream Partners unit ...
NIO’s Stock Is Falling. It’s the Latest EV Maker to Offer Convertible Bonds.
Text size Convertible-bond offerings such as NIO’s can dilute the stakes of existing shareholders. Nicolas Asfouri/FP via Getty Images Chinese ...
Arm Stock Is Dropping After Blockbuster IPO. Why It Could Fall Further.
Text size Arm Holdings priced its initial public offering at $51 a share. Michael M. Santiago/Getty Images Arm Holdings stock ...
Arm Sets IPO Price at $51 a Share. Trading Is Just Hours Away.
Arm is set to start trading today on the Nasdaq under the symbol ARM. Chris Ratcliffe/Bloomberg Text size Arm Holdings ...
Microsoft Stock Gets an Upgrade as AI Narrative ‘Too Strong’ to Ignore
Text size Microsoft stock received an upgrade to Neutral from Sell by Guggenheim. Microsoft’s opportunities with artificial intelligence are enough ...