Walgreens Boots Alliance shareholders could use some tea and sympathy. Fiscal third-quarter sales of $33.6 billion actually grew slightly overall from a year earlier, but the effects of the coronavirus crushed profitability. Read More WSJ.com: Markets...
German prosecutors are looking into possible money laundering by executives at Wirecard, adding to ongoing probes related to possible fraud and fake accounting at the insolvent payments firm. Read More WSJ.com: Markets...
Hedge-fund billionaire William Ackman has come roaring back after years of dwindling assets and a self-imposed exile from the spotlight. Read More WSJ.com: Markets...
Vaccine company Novavax traded at just 36 cents a share last May. The new coronavirus changed Novavax’s financial future while delivering a windfall for an investor who made a recent big bet on the company. Read More WSJ.com: Markets...
Beike Zhaofang, a Chinese online property brokerage backed by SoftBank Group, is planning to raise up to $3 billion in an initial public offering in the coming months, according to people familiar with the matter, in what would be the largest listing of a Chinese...
An army of fresh-faced executives joined Bed Bath & Beyond over the last several months to turn the company around fully knowing they were in for an uphill climb. Last quarter showed them just how steep it will be. Read More WSJ.com: Markets...
Since the coronavirus pandemic began, companies looking to bolster their balance sheets have rushed to sell stock in record amounts. The result has been a resurgence in fees to Wall Street banks—a bounceback bankers and investors say could last through the fall. Read More WSJ.com: Markets...
As the second half of the year starts, it’s prime time to look at your allocation. Read More ETF.com...
Crude markets began the 2020s by nosediving below $0 a barrel for the first time. Investors and analysts are now trying to work out what the rest of the decade holds in store. Read More WSJ.com: Markets...
A clutch of global investors is throwing its weight behind a financial-technology upstart that facilitates payments between companies and their suppliers, betting that it is well positioned amid the disruption resulting from the coronavirus pandemic. Read More WSJ.com: Markets...