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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 [...]

 Hawaii Electric Inventory sinks 41%.  The analyst says the Maui wildfires are a risk to stocks.

Hawaii Electric Inventory sinks 41%. The analyst says the Maui wildfires are a risk to stocks.

font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It fell 41% on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut [...]