stake

Ulta Beauty's (ULTA) glow-up period may have come to an end.The cosmetics retailer reported second-quarter results Thursday after the market closed that missed expectations across the board. Revenue came in at $2.55 billion, compared with…

By Himanshi Akhand and Louis Jackson (Reuters) - Australia's Woodside Energy reported a 14 percent drop in first-half profit on Tuesday due to lower oil prices, but the result and its dividend beat market expectations, sending its shares…

(Bloomberg) -- Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com, ending an eight-year partnership in a retail powerhouse now struggling with an economic slowdown and intense…

Joe Hendrickson/iStock Editorial via Getty Images Portillo's Hot Dog Restaurant ChainNASDAQ:PTLO) Up 3% After a report that activist firm Engaged Capital has raised a stake of around 10% and is pushing for changes. The activist is…

(Bloomberg) -- Michael Burry, the hedge fund manager famous for his 2008 bet against the U.S. housing market and subsequent portrayal in the book and movie “The Big Short,” increased his stake in Alibaba Group Holding Ltd. while halving his…

Riot continues its acquisition efforts, recently purchasing $2.2 million worth of shares in Bitfarms. Riot Platforms announced the purchase of 1 million common shares from rival Bitfarms, raising its stake in the Canadian bitcoin mining…

An investor is set to acquire a 40 percent stake in Angata Sugar, which is developing a milling plant at Moiwi in Trans Mara, Narok County, disclosures show. Sources familiar with the deal said Savannah Crest (KE) Limited will pay about…

Norway's central bank Norges Bank has sold more than half of its 10.7% stake in Israeli Advanced Driving Assistance Systems (ADAS) company Mobily International Company (NASDAQ: MBLY), according to the company's latest…

Warren Buffett-led Berkshire Hathaway (NYSE: ) has significantly reduced its investment in Apple (NASDAQ: ) , selling nearly half of its shares in the tech giant. According to the latest earnings report, Berkshire’s Apple stake was worth…

(Bloomberg) -- Berkshire Hathaway Inc. cut its stake in Apple Inc. by about 50% as part of a massive second-quarter selling spree that left billionaire Warren Buffett’s cash pile at a record $276.9 billion.Most Read from BloombergIn all,…