Birkenstock valued at $8.6 billion after successful US IPO
Birkenstock Holding Ltd (NYSE:BIRK), a premium footwear company based out of Germany valued itself at $8.6 billion after a successful ...
Tag: Stock Market
Mirati to be acquired by Bristol-Myers Squibb for $5.8 billion
Cancer drug maker Mirati on Sunday announced that it will be acquired by an American pharmaceutical giant Bristol-Myers Squibb in ...
Wall Street ended low as jobs data fueled up interest rate worries
Major US indexes on Wall Street ended low in the red zone on Tuesday as the jobs data emphasized the ...
What are the Impacts of a Recession on the Stock Market?
We are constantly hearing in the news reports that inflation is not coming back into its zone, the US economy ...
China Evergrande Shares Plunged 25% following the arrest of wealth management staff
Hong Kong, (Reuters) - Shares of embattled property developer, China Evergrande Group, plunged by 25% on Monday following the arrest ...
How does rising interest rates affect the stock market?
If you are an investor, a business and economics news follower, or a business and economics student for that matter, ...
3M shares on the rise amid reports of $5.5 billion settlement
America’s one of the largest multinational conglomerates, 3M shares rose 5% on the Dow Jones Industrial Average amid reports that ...
China Evergrande stock trading resumes after 17 months – Loses $2.4 bn in value
The world’s most indebted property developer, China Evergrande Group, resumed share trading on Monday after a suspension of 17 months, ...
Fed’s Chair Powell Declares Continued Interest rate hikes at Jackson Hole Speech
The US federal Reserve Chair Jerome Powell at a speech at Jackson Hole on Friday hinted that the Fed may ...
What is Cash Frenzy in a Stock Market – Unveiling the Investor’s Psychology
The dictionary of investing and stock market is full of difficult terminologies, jargons and phrases that normally leaves you scratching ...
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