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General Motors: A USD 10 billion share buyback and a 33% increase in the dividend announced in late November lifted the company s share price off a three-year low. But GM shares are down about 19% from their 52-week high and flat for 2024 so far. ....
Investors are unmoved. GM shares are trading close to the USD 33 a share at which they went public in 2010 following the company s government-financed bankruptcy. Since hitting USD 63 a share in November 2021, GM shares have fallen 47%. Warren Buffett s Berkshire Hathaway sold all its GM shares without explanation during the third quarter as the price slid to a two-year low during tough contract bargaining in the U.S. with the United Auto Workers. ....
(Bloomberg) 3M Co. boosted its full-year adjusted profit and cash flow targets as it reported third-quarter results that easily topped Wall Street estimates, lifted by sweeping cost cuts and efforts to combat an ongoing sales slump.Most Read from BloombergIsrael Latest: UN Chief Urges Halt as Hezbollah Clashes FlareAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyChina Repeats ....
Most expensive stocks in India: The BSE and NSE have over 7,400 stocks listed. Most shares in the Indian stock market trade for less than Rs 1,000 per share. However, some stocks like MRF, Page Industries, Shree Cement are priced up to Rs 85,000. Watch this Business Today Visual Story to know all about the most expensive stocks in India. ....
For the readers interested in the stock health of Sociedad Quimica y Minera de Chile S.A. (SQM). It is currently valued at $84.64. When the transactions were called off in the previous session, Stock hit the highs of $91.34, after setting-off with the price of $91.00. Company’s stock value dipped ....