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Jana Partners liquidated position in Wolfspeed in Q1, filing

Jana Partners liquidated position in Wolfspeed in Q1, filing

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Jana Partners, which last year pushed Wolfspeed (NYSE:WOLF) to consider a sale to boost its share price, has exited its entire position in the silicone carbide wafer maker, according to a regulatory filing made on Thursday. Wolfspeed said last week it is considering bankruptcy and has seen its shares lose nearly 92% of their value in the ...

2025-05-16 03:41:48
Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.97%

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.97%

Investing.com – Sweden stocks were higher after the close on Thursday, as gains in the Telecoms, Financials and Industrials sectors led shares higher.At the close in Stockholm, the OMX Stockholm 30 added 0.97% to hit a new 1-month high.The best performers of the session on the OMX Stockholm 30 were SAAB AB ser. B (ST:SAABb), which rose 3.25% or 14.00 points to trade at 444.90 at the close. Meanw ...

2025-05-16 03:40:46
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.77%

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.77%

Investing.com – U.K. stocks were higher after the close on Thursday, as gains in the Gas, Water & Multiutilities, Aerospace & Defense and Healthcare Equipment & Services sectors led shares higher.At the close in London, the Investing.com United Kingdom 100 added 0.77% to hit a new 1-month high.The best performers of the session on the Investing.com United Kingdom 100 were Hikma Phar ...

2025-05-16 03:39:46
Birkenstock hikes price of celebrity-loved sandals to help offset tariffs

Birkenstock hikes price of celebrity-loved sandals to help offset tariffs

By Helen Reid and Anuja Bharat Mistry (Reuters) -Birkenstock, the German maker of sandals and clogs favoured by several Hollywood celebrities, plans to raise prices globally and look for production efficiencies to offset the impact of a 10% tariff that President Donald Trump has imposed on imports to the U.S. Birkenstock (NYSE:BIRK) sandals, worn by Margot Robbie in the Barbie movie and by supermo ...

2025-05-16 03:38:29