Dollar Tree Inc. stakeholder Mantle Ridge said in a filing with the Securities and Exchange Commission late Friday that it has nominated a clean slate of 11 new members for the discount retailer’s board. Back in November, Mantle Ridge said it had bought a $1.8 billion stake in Dollar Tree DLTR, +2.25% for more than
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Fast food has been a big winner in the COVID-19 pandemic. Just not hamburgers. Jack in the Box (NASDAQ:JACK) has now addressed the problem, buying Del Taco Restaurants (NASDAQ:TACO) for $575 million. It’s an all-cash deal, requiring no JACK stock. Source: LifetimeStock / Shutterstock.com But some analysts are suggesting JACK just bought more trouble. Before the
WASHINGTON—Senate Democrats are dropping a proposal that would have imposed taxes on vaping, removing a $9 billion provision backed by some public-health advocates from the party’s healthcare, education and climate-change bill, people familiar with the matter said. Lawmakers made the decision as they wrap up the details of the $2 trillion Build Back Better package and
The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
This story has been updated to correct the total revenue, which we previously identified as missing analysts’ expectations. Costco reported first-quarter earnings Thursday. Getty Images Costco Wholesale Corp. on Thursday reported first-quarter profit and revenue that beat Wall Street expectations, as executives said the company is weathering supply-chain issues and inflationary pressures better than other
BlackBerry (NYSE:BB) is due to release its fiscal third-quarter earnings report on Dec. 21. Like most names, BB stock has suffered immensely due to the coronavirus and its new variants. However, investors will be looking for a solid performance with the worst of the pandemic apparently in the rearview mirror. However, it appears unlikely for
I was recently talking with a younger acquaintance about my decision to leave the workforce early. I’d left a demanding career to pursue my personal passions, while I was still young and healthy enough to do so. My acquaintance is in his early 30s. He’s single and makes a boatload of money working in IT for a pharma
Roku (NASDAQ:ROKU) seems to be in an enviable position. It operates the most popular streaming service in the United States. But as the world began to return to some semblance of normalcy, investors sold shares of this and other pandemic plays. Since hitting an all-time high of $490.76 in late July, ROKU stock is down
California is preparing for a third straight year of drought, and officials are tightening limits on water use to levels never seen so early in the water year. Most of the state’s water reservoirs are well below average, with several at less than a third of their capacity. The outlook for rain and snow this winter, when
GameStop (NYSE:GME) stock could have an awful day ahead as it released its quarterly numbers. Source: Shutterstock / mundissima Stay around in the equity markets long enough and you’ll find the never-ending debate between two analytical approaches, the fundamental versus the technical. You’ll often hear analysts talk about incorporating both approaches to offer some middle
Most boats were lifted in the stock market on Dec. 7, as investors apparently got over their fears of the latest coronavirus variant. Semiconductor stocks led the way, with gains far outpacing the broader market. Read: U.S. stock indexes rise Tuesday as omicron fears subside The Dow Jones Industrial Average DJIA rose 492 points, or
Metaverse altcoin Decentraland (CCC:MANA-USD) went over an all-time high of $5.90 in late November. However, MANA-USD has failed to continue the rally and slumped more than 25% since that peak. Source: Lichi / Shutterstock.com Despite the recent decline, MANA has returned about 60% in the last 30 days and currently trades at $3.89. With a
Democratic Sen. Joe Manchin of West Virginia on Tuesday continued to express concerns about President Joe Biden’s Build Back Better plan, citing high U.S. inflation. Federal Reserve officials are now say saying inflation is “not transitory and they’re hoping it’ll reduce, and we don’t know — we’ll have to wait and see,” Manchin said at
Even before the news broke on Monday that Lucid Group (NASDAQ:LCID) had received a subpoena from the SEC regarding its SPAC deal, it was clear that investors were using December to take a healthy break from the electric vehicle space. Source: Around the World Photos / Shutterstock.com Closing out last Friday, LCID stock was down
We receive a lot of questions by email, and we can’t possibly respond to all of them. We do use the emails to produce new columns based on the general questions. Occasionally an email presents a specific situation that we’ll address in a column by itself. Today is just such a column. Dear MarketWatch, My
When much of our culture is now determined by the efforts of “community,” the historic price movement behind GameStop (NYSE:GME) isn’t that surprising. In fact, you could say it was just a matter of time before retail investors realized the power they could have over a stock. At one point this year, this power took GME
Rep. Devin Nunes will retire from Congress to take over as chief executive at Donald Trump’s new social media company. In a statement late Thursday, Trump Media & Technology Group said the California Republican will join the company in January. Nunes also emailed his constituents Thursday, saying: “Recently, I was presented with a new opportunity
I may have called it one ahead of time. But now, after it’s slipped below $5 per share, Clover Health (NASDAQ:CLOV) is officially a penny stock. Sure, this label says little about the prospects for CLOV stock, or its underlying business. Yet there is one key takeaway. The hope and hype surrounding this online-based provider
U.S. stock futures were mixed on Monday, as investors digested the latest news on the spread of the coronavirus and prepared for new inflation data later in the week. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.33% rose 91 points, or 0.3%, to 34658 Futures on the S&P 500 ES00, -0.01% were
It’s safe to say that Germany-based Sono Group (NASDAQ:SEV) isn’t your typical electric vehicle manufacturer, and SEV stock isn’t a run-of-the-mill investment. Indeed, it requires a bold, long-term vision to believe in this company and stock. Source: nrqemi / Shutterstock.com Not long ago, InvestorPlace contributor Luke Lango asked a crucial question: could Sono Group’s flagship vehicle, the