By Allison Lampert and Tim Hepher (Reuters) - Boeing (NYSE:BA)\'s board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives and analysts predicting it will seek an outside remedy. Facing mounting pressure from airlines, regulators and investors,...
Investors following Ryerson Holding Corp (NYSE:RYI) might be interested to learn that the company\'s Chief Information Officer, Sundarrajan Alagu, has recently sold a significant amount of company stock. The transactions, which took place on two separate dates, are part of the executive\'s latest financial moves involving Ryerson Holding\'s shares. On March 22, 2024, Alagu sold...
-- U.S. stock index futures rose slightly in evening deals on Monday, recovering some ground after a negative session on Wall Street as markets remained largely on edge ahead of more cues on inflation and the Federal Reserve. Gains in major artificial intelligence stocks spilled over into aftermarket trade, as investors remained optimistic over the...
Investors looking to track insider transactions may note the recent activity of RA Capital Management, L.P., a significant shareholder in Lenz Therapeutics, Inc. (NASDAQ:LENZ). On March 21, 2024, RA Capital Management, through different funds and accounts under its management, made substantial purchases of Lenz Therapeutics\' common stock. The transactions, which were all purchases, amounted to...
In a recent move, Berkshire Hathaway Inc . (NYSE:BRKa) increased its holdings in Liberty Media Corp, signaling confidence in the media company\'s value. The conglomerate, led by renowned investor Warren E. Buffett, executed a series of purchases totaling $36.9 million in Liberty Media\'s Series A Liberty SiriusXM Common Stock, traded under NASDAQ:LSXMA. The transactions occurred...
Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT) recently disclosed a transaction by one of its top executives. John Militello, the company\'s Vice President, Principal Accounting Officer, and Interim Principal Financial (NASDAQ:PFG) Officer, sold 2,490 shares of common stock. The transaction was executed at an average price of $28.104 per share, resulting in a total sale value of approximately...
In a recent transaction, Gotham Makker, a director at Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT), sold 274,000 shares of the company\'s common stock. The sale, dated March 21, 2024, was executed at an average price of $28.4341 per share, resulting in a total value of approximately $7.79 million. This transaction has adjusted Makker\'s direct holdings in the...
By Mike Scarcella (Reuters) -A Denver state judge said on Monday that he will hear arguments beginning on Aug. 12 in Colorado\'s case seeking to block Kroger (NYSE:KR)\'s $25 billion purchase of rival grocer Albertsons (NYSE:ACI). The order by District Court Judge Andrew Luxen puts Colorado two weeks ahead of a similar hearing before the...
By Tim Kelly TOKYO (Reuters) - Japan\'s government on Tuesday relaxed military equipment export restrictions, the second change in less than four months, to allow future overseas sales of an advanced jet fighter it is developing with Britain and Italy. The rule change applies only to Cabinet-approved jet fighter exports and will be limited to...
In a recent move closely watched by investors, Berkshire Hathaway Inc . (NYSE:BRKa) has made a significant purchase of Liberty Media Corp (NASDAQ:LSXMK) stock, investing approximately $36.77 million. The transactions occurred over three separate days, signaling a strong vote of confidence in the media company\'s value from the renowned investment firm. The buying spree kicked...