Chevron has successfully acquired Hess Corporation, creating a premier integrated oil & gas company with a strong portfolio in critical energy markets. This strategic move promises significant cash flow growth and enhanced shareholder value.
Apple is experiencing a significant leadership shift as COO Jeff Williams announces retirement and key AI executives depart. With stock down and competition rising, questions about Apple's innovation and future in AI emerge.
Barington Capital is demanding a complete board overhaul at Victoria's Secret, citing significant shareholder losses and a need for revitalization. The hedge fund believes the company's beauty division holds great potential and seeks to end its current defensive strategies.
Ulta Beauty's new CEO Kecia Steelman faces a challenging 2025 as the company forecasts flat sales growth and lower earnings. Despite a strong holiday quarter, the retailer anticipates a rocky year ahead amid increasing competition.
