ASRs allow companies to rapidly buy back large stock quantities, typically during undervalued periods. Payment is made upfront in ASRs, and the repurchase is facilitated by investment banks. This ...

Going into 2025, OpenAI plans to become a Public Benefit Corporation⁠ (PBC), which is a for-profit company meant to operate for the good of society. This division will “run and control OpenAI ...

The Palm Beach Kennel Club casino will be relocated, making way for a redevelopment project that could include 2,000 residential units. The new casino will be 60,286 square feet and include a four ...

KARACHI: Federal Finance Minister Senator Muhammad Aurangzeb briefed the members of Pakistan Business Council (PBC) on the improvement in the twin deficits and listed the measures the government ...

Investors might want to bet on Planet Labs PBC (PL), as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...