Icahn Enterprises stock plummets amid second dividend halving

Icahn Enterprises stock plummets amid second dividend halving

In a dramatic turn of events, Icahn Enterprises L.P. (NASDAQ: IEP) has once again slashed its quarterly dividend by 50%, sending shockwaves through the investment community and causing a significant drop in its stock price. This marks the second dividend reduction within a year, raising serious concerns about the company’s financial health and future prospects. […]

Will Bausch + Lomb break free from debt-heavy Bausch Health? Sale rumours ignite market frenzy!

Will Bausch + Lomb break free from debt-heavy Bausch Health? Sale rumours ignite market frenzy!

Bausch + Lomb saw its stock surge by 13% in Toronto, trading at 24.01 Canadian dollars (around $17.67), following a report by the Financial Times suggesting the eye care company is considering a sale. The possible sale is being considered as a way to separate from its heavily indebted parent company, Bausch Health Companies Inc. […]