US President Joe Biden gestures as he comments on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% tax on company share buybacks — a belated addition to President Joe Biden’s sweeping tax, health and climate package — adds another levy to …
There’s a new 1% tax on share buybacks – here’s what it means for your portfolio Read More »
Shares of Bed Bath & Beyond fell more than 40 percent in pre-market trading Friday after Ryan Cohen, one of the company’s largest shareholders, sold his entire stake in the homeware store. RC Ventures, Cohen’s investment vehicle, sold 9.45 million Bed Bath & Beyond shares — nearly 12 percent of the company — between a …
Bed Bath & Beyond Shares Plunge After Ryan Cohen Confirms Share Sale Read More »
Mary Barra, president and CEO of the General Motors Company (GM), speaks at the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T Fallon | AFP | Getty Images DETROIT — General Motors is restoring a quarterly cash dividend to shareholders that was cut during the early days of the …
GM recovers quarterly dividend and increases share repurchase program to $5 billion Read More »
