WASHINGTON -- The government's sale of about $18 billion shares of stock in rescued insurance giant American International Group locks in a minimum $12.4-billion profit for taxpayers on one of the most controversial bailouts of …
Equifax has prospered quietly under his leadership. Annual revenue and profit essentially tripled during his tenure. The stock has done even better, soaring 332% before its recent plunge following news of the hack. The credit scoring giant …
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NEW YORK — IBM’s first-quarter net income fell 1 percent due to delays in several of the technology company’s large software and mainframe computer deals. The results fell short of Wall Street’s expectations, sending IBM’s stock lower …
Some investors will have booked nice profits in shares of Tesla Motors this week. One of them is the company’s chief financial officer, Deepak Ahuja, who made over half a million dollars as part of a predetermined sales plan. On Monday, …
Assuming the shares are in a taxable account, your tax bill will be based on the profit you made on each share you sell. Say, for example, that you purchased 10 shares at $10 each for $100. If the stock price rises to $12.50, and you then …
Stock markets across the world sank Wednesday, deepening the week’s losses as investors banked profits from recent gains and Europe wearily eyed Brexit developments. Hong Kong and Tokyo spearheaded an Asian market plunge, with …
SAN FRANCISCO — Microsoft’s focus on business software and online services paid off with a surprisingly high profit in its latest quarter, putting its stock on a trajectory toward its all-time high. The fiscal first-quarter results released …
The author is a Reuters Breakingviews columnist. The opinions expressed are his own. There’s a bubble in U.S. stocks – but it’s in profitability, not valuation metrics. The S&P 500 Index trades at 14 times historical earnings, so the valuation ...