Lyft (ticker: LYFT) announced Monday evening that co-founders Logan Green, the current CEO, and John Zimmer, the current president, are moving into nonexecutive roles on the board. The change for Green is effective April 17. The change for Zimmer is effective June 30. David Risher, who has been on the Lyft board since July 2021, ...

Published: March 27, 2023 at 5:47 p.m. ET By Sabela Ojea Shares of FreightCar America Inc. on Monday dropped after the manufacturer of freight cars warned about supply chain issues in the first quarter of 2023 after swinging to a loss in its latest quarter. Shares were down 15% to $2.70 in after-hours trading. The… ...

Published: March 27, 2023 at 11:08 a.m. ET By Chris Wack Bird Global Inc. shares were down 10%, to 14 cents, Monday after the company said several officers and directors bought a total of 1.5 million company shares. The Miami-based electric-vehicle company said purchases of its class A shares were made on the open market ...

Every financial panic shows how little most people understand about what is happening around them in the markets and the economy. The recent failure of two major regional banks has unleashed thousands of articles, sell-side analyst reports, and investment strategy notes that act as if the issues now before us were easily identifiable. But the ...

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from March 16 through March 22, 2023. Source: ...

Published: March 24, 2023 at 4:31 p.m. ET Shares of Canadian Apartment Properties Real Estate Investment Trust Un CAR.UT rose 1.22% to C$46.47 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.21% to 19,501.49. Canadian Apartment Properties Real Estate Investment Trust ...

Published: March 24, 2023 at 5:18 p.m. ET Shares of Prudential Financial Inc. PRU inched 0.45% higher to $77.58 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.56% to 3,970.99 and the Dow Jones Industrial Average DJIA rising 0.41% to 32,237.53. ...

Published: March 24, 2023 at 4:15 a.m. ET By Anthony O. Goriainoff Ocean Wilsons Holdings Ltd. said Friday that 2022 pretax profit fell due to a decline in the valuation of its investment portfolio, and that in terms of uncertainty, the first quarter of 2023 was reminiscent of the year-prior period. The London-listed Bermudan investment ...

Welcome to America the Uninvestible. That seems like a strange thing to say about the go-to destination for investors around the world, offering the world’s biggest companies, the most liquid markets, and rule of law to protect shareholder returns. Government interference, too, is supposed to be limited. The fact that U.S. stocks have outperformed the ...

Vishal Bakshi formally joined Morgan Stanley March 17, according to the online database BrokerCheck. Bakshi’s move was earlier reported by AdvisorHub. Morgan Stanley declined to comment on the hire. Some headhunters see First Republic’s wealth management operation as a rich target for recruiting top talent, as the bank has struggled to shore up its position ...