China’s Latest EV Stocks Face Uncertain Reception in New York
Fast-growing startups Zeekr and Lotus will need to persuade investors they can handle brutal competition at home and geopolitical tensions abroad.
Brookfield’s Origin Saga Shows It’s Hard to Price Polluters – Analysis
At the heart of a nearly US$11 billion takeover tussle for the owner of several Australian coal-fired power plants is a key question for investors: how to value a major polluter that could also become a big enabler of the energy transition.
Meituan Plans Share Buyback Valued at Up to $1.0 Billion
Meituan, a China-based shopping-and-delivery platform, plans to buy back its shares valued up to $1.0 billion, a day after announcing solid third-quarter results.
Taisho Pharmaceutical Shares Surge on Management Buyout Offer
Taisho Pharmaceutical shares surged for a third straight session after the Japanese drugmaker’s management offered to buy out the company.
Alipay Plans to Raise Up to $395.0 Million via Zomato Share Sale
Digital-payments platform company Alipay plans to raise up to $395.0 million via block trades in shares of Indian food-delivery business Zomato.
Apple Pulls Plug on Goldman Credit-Card Partnership
The tech giant proposed exiting the contract in about 12 to 15 months, which would knock down a main pillar of Goldman’s soured bid to expand into main-street lending.
Intuit’s Earnings Beat Estimates. Revenue Was Strong.
The provider of tax and accounting software reported revenue growth of 15%, compared with the 10% to 11% management had predicted.
FDA Warns on Safety Issue With Philips CPAP Devices
The FDA said that it noted a “sharp increase” in the number of medical device reports related to the machines between Aug. 1 and Nov. 15.
Hawaiian Electric Refocuses Grid Plan on Wildfire Risk
The utility said it was more concerned with other natural disasters before the deadly Lahaina blaze.
SEC’s Year-End Rule Blitz Continues. What It Means for Financial Stocks.
The latest salvo came Monday when the SEC finalized a rule to prevent conflicts of interest in the asset-backed securitization market.
Source: Dow Jones Newswires