Corporate stock

FILE - This July 16, 2013, file photo, shows a Wall Street street sign outside the New York Stock Exchange. European stock markets traded in fairly narrow ranges Tuesday, March 28, 2017, following a late recovery on Wall Street at the end of a session that had been dominated by concerns over the ability of the Trump administration to deliver on its economic and tax plans following its defeat on health care reform. (AP Photo/Mark Lennihan, File)
March 28, 2017 - 12:26 pm
Financials companies led U.S. stock indexes higher in afternoon trading Tuesday as investors drew encouragement from new data showing strong gains in consumer confidence and U.S. home prices. Energy stocks also rose as crude oil prices headed higher. Health care and utilities lagged the broader...
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March 28, 2017 - 11:34 am
DETROIT (AP) — General Motors is rejecting a proposal from investor David Einhorn to split its stock into two classes. The company said Tuesday that the plan from Einhorn's Greenlight Capital hedge fund would eliminate the dividend on existing common stock and create a new dividend-focused security...
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March 27, 2017 - 11:40 am
RIYADH, Saudi Arabia (AP) — Saudi Arabia on Monday reduced the tax rate for Saudi Aramco as plans move forward to publicly list shares of the state-owned oil giant. The new code, rolled out by royal decree from King Salman, taxes Aramco at 50 percent on income retroactively starting Jan. 1. Aramco...
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FILE - In this Friday, Nov. 13, 2015, file photo, the American flag flies above the Wall Street entrance to the New York Stock Exchange. U.S. stocks are treading water early Thursday, March 23, 2017, as investors wait for news about the fate of the Republican-backed health care bill, a centerpiece of President Donald Trump's business-friendly agenda of cuts to taxes and regulations and greater infrastructure spending. (AP Photo/Richard Drew, File)
March 23, 2017 - 3:47 pm
NEW YORK (AP) — Stocks gave up an early rally and are falling in late trading after Republican leadership delayed a vote on their health care bill amid mounting doubts the legislation has enough votes to pass. Investors are worried that that means trouble for the business-friendly agenda of...
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March 13, 2017 - 6:00 pm
NEW YORK (AP) — Activist investor Bill Ackman has sold his hedge fund's stake in drugmaker Valeant Pharmaceuticals International Inc., saying the investment took up a "disproportionately large amount of time and resources." Pershing Square said Monday that it will realize a "large tax loss" on the...
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The Mobileye logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange, Monday, March 13, 2017. Intel will buy Israel's Mobileye in a deal valued at just over $14 billion, the latest push by a major tech company to advance autonomous vehicles that could change the way traffic moves globally. (AP Photo/Richard Drew)
March 13, 2017 - 5:05 pm
DETROIT (AP) — Computer chip maker Intel paid handsomely for a piece of the next big thing Monday as it offered more than $15 billion for Mobileye, an Israeli company at the forefront of autonomous vehicle technology. The purchase, scheduled to close by year's end, creates another major player in...
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FILE - In this March 2, 2017, file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)
March 07, 2017 - 10:47 am
NEWARK, N.J. (AP) — Anyone wanting to invest in the company that owns Snapchat now has an opportunity to do something that early investors were unable to do: buy shares for less than they cost on the first day of trading three days ago. After tumbling 12 percent Monday, shares of Snap Inc. fell...
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FILE - In this March 2, 2017 file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Snap’s stock may be heading for an opening below its first day closing price for the first time as people try to determine the tech company’s worth. Shares are down more than 3 percent to $23.00 in premarket trading on Tuesday, March 7. (AP Photo/Mark Lennihan)
March 07, 2017 - 8:57 am
NEWARK, N.J. (AP) — Anyone wanting to invest in the company that owns Snapchat will have an opportunity to do something that early investors were unable to do: buy shares for less than they cost on the first day of trading three days ago. After tumbling 12 percent Monday, shares of Snap Inc. fell...
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CEO of PSA Carlos Tavares, Opel CEO Karl-Thomas Neumann, right, and GM CEO Mary Barra, left, pose for photographers after addressing the media in Paris, France, Monday, March 6, 2017. General Motors is selling its loss-making European car business, including Germany's Opel and British brand Vauxhall, to France's PSA group in a deal that realigns the industry in the region. (AP Photo/Zacharie Scheurer)
March 06, 2017 - 10:02 am
PARIS (AP) — General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company's retreat from a major market and raising concerns of job cuts in the region. With the 2.2 billion euro ($2.33 billion) deal announced Monday, GM is giving up...
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Students walk between buildings at St. Francis High School Friday, March 3, 2017, in Mountain View, Calif. The red-hot IPO debut of vanishing-photo superstar Snap this week not only placed the Southern California startup at a $35 billion value. It also made Mountain View, Calif.'s Saint Francis high school $23 million richer. The Catholic school had invested $15,000 in Snap's early round of funding way back in 2012. By the time shares in Snap had finished trading Thursday afternoon, that pittance had turned into a big fat pile of shareholder value. (AP Photo/Marcio Jose Sanchez)
March 03, 2017 - 9:11 pm
MOUNTAIN VIEW, Calif. (AP) — Bake sales and car washes? Not for one Silicon Valley parochial high school that hit it big this week and, by doing so, highlighted anew gaping economic disparities in the region. St. Francis High School in Mountain View parlayed a $15,000 investment in the company that...
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