Seven & i Holdings has made a bold move by rejecting the takeover offer from Canadian convenience store operator Alimentation Couche-Tard. The company stated that the offer “is not in the best interest” of its shareholders and stakeholders, showcasing a strong commitment to their vision and plans for the future. Stephen Dacus, chairman of the
The recent news of Burberry Group dropping out of the U.K.’s FTSE 100 stock market index comes as a significant blow to the iconic luxury fashion house. This move reflects the culmination of various challenges that the company has been facing, including waning sales, management changes, and a general decline in consumer interest in the
Vice President Kamala Harris recently announced her proposal to increase the capital gains tax rate to 28% for households with an annual income exceeding $1 million. This new tax policy aimed at rewarding investment in American innovators, founders, and small businesses has stirred conversations among financial advisors who are providing guidance to those who might
In 2024, exchange-traded fund inflows have reached record-breaking numbers, and industry experts believe that the surge in money market fund assets could have a significant impact on ETF inflows by the end of the year. With over $6 trillion parked in money market funds, Nate Geraci, the president of The ETF Store, views this as
Forward Air is a company that operates as an asset-light provider of transportation services across North America, Europe, and Asia. Its services include less-than-truckload (LTL), truckload, intermodal drayage, and freight brokerage. The company is divided into three segments: Expedited Freight, Intermodal, and Omni Logistics. As of now, its stock market value stands at $884.7 million,
In recent years, automakers have experienced a resurgence in advertising efforts during the National Football League season. Brands such as Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are making a comeback in leveraging the NFL and its games as prime advertising platforms. Notably, Toyota has secured its position as the “Official Automotive
Starboard Value, an activist investor, has made a bold move to dissolve News Corp’s dual-class share structure, which has long been a source of control for the Murdoch family over the Wall Street Journal parent company. This challenge comes in the form of a non-binding shareholder resolution, indicating the seriousness of Starboard’s intentions. With Rupert
In September 1916, the world saw its first billionaire, John D. Rockefeller, due to the soaring share price of Standard Oil. Fast forward more than a century later, the question on everyone’s mind is who will be the first trillionaire. Companies like Berkshire Hathaway and Nvidia have already entered the trillion-dollar territory, sparking further speculation
The real estate market is currently experiencing a shift as the supply of homes for sale is on the rise. According to a recent report from Realtor.com, active listings in August saw a 36% increase compared to the same month last year. This marks the 10th consecutive month of annual growth in supply. However, despite
In today’s digital age, coupons have evolved far beyond the traditional Sunday circulars. With the rise of online codes, browser extensions, and money-saving apps, consumers now have more options than ever to find significant discounts on their purchases. However, the quality of these deals can still vary depending on the day of the week. According