- Devon Energy said on Monday it had entered into a deal to acquire Grayson Mill Energy's Williston basin business in a cash-and-stock deal worth $5 billion.Devon said the deal, expected to close by the end of the third quarter, will add 307,000 net acres to the company's position in the Williston Basin.Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.John Deere to lay off roughly 600 employees from three US factories
“I think, a year from now, we have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.For beginners, it can seem like a good idea to buy a company that tells a good story to...7 Stocks Poised for a Strong Second Half. And They Aren’t Tech Giants.
The S&P 500's current multiple stands at 28.9. Except during the Great Financial Crisis when profits collapsed, that's the highest PE for any quarter since the tech bubble of the late 1990s and early 2000s.