‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $ 300,000 in company stock. Should I sell those shares to pay off my debt of $ 56,000?

‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $ 300,000 in company stock.  Should I sell those shares to pay off my debt of $ 56,000?

I am 33 years old, I currently make just over $ 120,000 a year, including an annual bonus, and my company has gifted me with around $ 300,000 in equity in the firm, although our stock is brand new, so it is constantly swinging up and down . I put around 6% toward a 401 … Read more

Which of Buffett’s bank stocks might make you the most money?

Which of Buffett’s bank stocks might make you the most money?

This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in Berkshire Hathaway Inc.’s BRK.B, + 1.67% 13F filing with the Securities and Exchange Commission for the end of the first quarter … Read more

Adani Group to Acquire Holcim’s India Business

Adani Group to Acquire Holcim’s India Business

Holcim (Paris: HOLN) has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC . The corresponding offer share prices of INR 385 for Ambuja Cement and INR … Read more

AppLovin stock soars as company weighs selling apps business, Wall Street applauds strategic shift

AppLovin stock soars as company weighs selling apps business, Wall Street applauds strategic shift

AppLovin Inc. shares soared Thursday after Wall Street was supportive of the app-monetization company plan to shift focus to its higher-margin software business and treat its lower-margin app segment like a standalone business, parts of which it could sell following a strategic evaluation. AppLovin APP, + 35.01% shares climbed as much as 46% to an … Read more

Buy Citizens Financial Stock. Its Shares Could Gain 29%.

Buy Citizens Financial Stock.  Its Shares Could Gain 29%.

Bigger is better in banking — and Citizens Financial Group has been taking steps that should allow it to play with the bigger boys. Its stock looks like a winner. These days, it’s almost impossible for a bank to succeed without the scale to provide more than just loans and accounts to their clients. They … Read more

AppLovin stock jumps more than 20% as execs consider selling one business as the other finds a new gear

AppLovin stock jumps more than 20% as execs consider selling one business as the other finds a new gear

AppLovin Inc. shares rallied in the extended session Wednesday after the app-monetization company executives said they expect about $ 2 billion from their software business alone in 2023 and could sell their apps business. AppLovin APP, -5.90% shares, which were halted for trading soon after the market closed, rallied as much as 50% at one … Read more

Peloton Seeks Minority Investment to Shore Up Business

Peloton Seeks Minority Investment to Shore Up Business

Peloton Interactive Inc. PTON -9.09% is exploring a sale of a sizable minority stake, in an effort to shore up its business as the once-hot bike maker’s stock continues to sink. The fitness company is targeting potential investors including industry players and private-equity firms that could take a stake of around 15% to 20%, according … Read more

Retailers Switch Finance Chiefs as Inflation Weighs on Consumer Spending

Retailers Switch Finance Chiefs as Inflation Weighs on Consumer Spending

Major US retailers are swapping out finance chiefs as they confront high inflation and early signs of a more sustained pullback in consumer spending. E-commerce retailer Wayfair Inc. on Thursday named Kate Gulliver as its new chief financial officer to succeed Michael Fleisher, who has been in the role since 2013 and helped prepare the … Read more

Opinion: AMD will finally give investors its data-center data as business soars

Opinion: AMD will finally give investors its data-center data as business soars

Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, + 1.44% Chief Financial Officer Devinder Kumar said that beginning in the second quarter, the chip maker will delineate sales specifically from the division that has boosted its stock in … Read more