Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023.David Paul Morris | Bloomberg | Getty ImagesThe rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its...
Category: Investing
Bill Ackman’s Pershing Square withdraws IPO as demand for offering waned
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Nov. 28, 2023.Jeenah Moon | Bloomberg | Getty ImagesBill Ackman's Pershing Square USA withdrew plans for an initial public offering after investor demand appeared...
Bill Ackman seeking to raise $2 billion in Pershing Square fund IPO, lower than original expectations
Bill Ackman, CEO of Pershing Square Capital Management, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023.Adam Jeffery | CNBCHedge fund manager Bill Ackman is looking to raise $2 billion in the initial public offering of Pershing Square USA, with 40 million shares priced at...
Top Wall Street analysts suggest these dividend stocks for enhanced returns
The U.S. stock market has been volatile as of late, as traders grapple with earnings season and the upcoming elections, but dividend-paying stocks may help investors smooth out the ride in their portfolios.Investors seeking solid dividend payers can rely on top-ranked Wall Street analysts, who make recommendations after thoroughly analyzing...
Spot ether ETFs are set to trade Tuesday. Hereโs what it means for the Ethereum blockchain
Nurphoto | Nurphoto | Getty ImagesSpot ether exchange traded funds are set to begin trading on Tuesday. Crypto enthusiasts are hopeful it will broaden the investor base for Ethereum, a blockchain technology many argue has a far wider use case than bitcoin. These ETFs will invest directly in ether, which is the...