Tesla said Tuesday it is looking to raise up to $5 billion in capital through a stock offering. The announcement came on the same day CEO Elon Musk said he has moved his home to Texas from...
DETROIT (AP) — A day after its 5-for-1 stock split took effect, Tesla announced plans Tuesday to sell up to $5 billion worth of common shares.
BERKELEY, Calif. (AP) — Apple co-founder Steve Jobs, who died in 2011, was a tough act to follow. But Tim Cook seems to be doing so well at it that his eventual successor may also have big shoes...
BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital...
SAN RAMON, Calif. (AP) — Tesla will split its stock for the first time in its history so more investors can afford to buy a stake in the electric car pioneer following a meteoric rise in its...
Rite Aid will chop its share count by about 95% in a bid to push the remaining shares above minimum trading requirements on the New York Stock Exchange.
GM CEO: Stock Split Not In Shareholder Interest
NEW YORK (AP) — Amazon, the internet goliath that revolutionized the way much of the world buys books, toilet paper and TVs, hit a new milestone Tuesday. Its stock surpassed the $1,000 mark for the first time.
That price put Amazon's market value at about $478 billion, double that of the world's biggest traditional retailer, Wal-Mart, and more than 15 times the size of Target. A $1,000 investment on Amazon's first day of trading in 1997 would be worth more than $500,000 today.
DETROIT (AP) — Shares of General Motors are rising Tuesday as a proxy fight escalates between the company and an activist shareholder who wants to split its shares into two classes.
David Einhorn's Greenlight Capital said Tuesday that it's sending a letter to shareholders emphasizing that the stock price has barely grown since GM's initial public offering at $33 seven years ago.