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J&J holders will receive 8 Kenvue shares for every J&J share in the exchange offer

J&J holders will receive 8 Kenvue shares for every J&J share in the exchange offer

font size J&J took consumer health company Kenvue public in May. Mark Ralston/AFP via Getty Images Johnson & Johnson Just over eight shares will be issued Kinfu Each of its shares in what is likely to be a stock offering is oversubscribed totaling about $40 billion. The pricing period for [...]

Coherent, Cava, Tower Semi, DLocal, VinFast, and More Stock Market Movers

Coherent, Cava, Tower Semi, DLocal, VinFast, and More Stock Market Movers

font size Stock futures rose modestly on Wednesday. Dream time Stock futures pointed to a slight uptick at the start of Wall Street on Wednesday after stocks fell after retail sales data sent bond yields higher. The Federal Reserve will release the minutes of the central bank’s meeting on July [...]

 Intel drops $5.4 billion semiconductor tower deal.  It's a slam dunk strategy.

Intel drops $5.4 billion semiconductor tower deal. It’s a slam dunk strategy.

font size Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday [...]

 J&J's Kenvo deal may be very popular.  What happens if it is.

J&J’s Kenvo deal may be very popular. What happens if it is.

font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion [...]

JNJ investors will have to decide soon if they want Kenvue stock

JNJ investors will have to decide soon if they want Kenvue stock

*** ONE TIME USE *** Sign placed on the Johnson & Johnson campus in Irvine, California. Mario Tama/Getty Images font size It is a difficult time for investors Johnson & Johnson who need to decide soon about participating in it J&J’s $40 billion exchange offer To participate in Kinfu And [...]

 Did Berkshire Hathaway sell Paramount stock?  13-F filing on Monday will tell.

Did Berkshire Hathaway sell Paramount stock? 13-F filing on Monday will tell.

font size Warren Buffett. Drew Angerer/Getty Images Warren Buffett sounded negative about the outlook Paramount Global on two occasions during the second quarter. Was his suspicion enough about him? Berkshire Hathaway to sell its share? Investors will find out the fate of the stake in the media company (stock ticker: [...]