J&J’s Kenvo deal may be very popular. What happens if it is.

J&J's Kenvo deal may be very popular.  What happens if it is.

font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion of their J&J stock. Johnson … Read more

Hawaii electric hobs. The analyst says the Maui wildfires are a risk to stocks.

Hawaii Electric Inventory sinks 41%.  The analyst says the Maui wildfires are a risk to stocks.

font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It was falling on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more

Hawaii Electric Inventory sinks 41%. The analyst says the Maui wildfires are a risk to stocks.

Hawaii Electric Inventory sinks 41%.  The analyst says the Maui wildfires are a risk to stocks.

font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It fell 41% on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more

iPhone maker Foxconn exceeds expectations. Apple stock edges up.

iPhone maker Foxconn exceeds expectations.  Apple stock edges up.

font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones posted a decline in profits in the second quarter, but managed to beat expectations. Foxconn (Ticker: 2317.Taiwan), formally known as Hon Hai Precision Industry, said profits fell 1% in the … Read more

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets faltered in August, adding to this year’s rally. The focus on Wall Street this week will be the minutes of the Federal Reserve’s latest policy meeting and earnings reports from … Read more