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Home > Latest

Lates News

date
21/05/2025
The three major U.S. stock indices fell, with the Dow Jones Industrial Average dropping 0.3%, the Nasdaq falling 0.4%, and the S&P 500 declining 0.4%.
Latest
3 m ago
Kraft Heinz is currently evaluating potential strategic transactions, while Berkshire Hathaway is stepping down from its board of directors.
3 m ago
Kraft Heinz stated that they are currently evaluating potential strategic transactions as the food giant seeks to enhance shareholder value. Kraft Heinz also mentioned that two directors representing Berkshire Hathaway will resign from the Kraft Heinz board, resulting in a reduction in the board's size. CEO Carlos Abrams-Rivera stated on Tuesday that Kraft Heinz has been evaluating possible actions for the past few months, but did not specify any potential transactions. Kraft Heinz's stock price rose by about 2% in after-hours trading, but has decreased by 22% over the past year. Kraft Heinz stated that Berkshire Hathaway will no longer have seats on the Kraft Heinz board. As a result, Timothy Kenesey and Alicia Knapp have resigned from their director positions, reducing the board's size to 10 members. According to FactSet data, Berkshire Hathaway holds a 27% stake in Kraft Heinz.
4 m ago
Alphabet's Waymo, a subsidiary of Alphabet (GOOGL.US), has reached 10 million autonomous rides in just five months, doubling their previous milestone.
5 m ago
CICC: Initiating coverage on Beijing Haibosi with an outperform rating against the market.
6 m ago
The shareholder of Heng Chang Group International (01421.HK) transferred the shares from Futu Securities International Hong Kong to HSBC Hong Kong, with a market value of 3.1154 million Hong Kong dollars.
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