Tag: acquisitions

[ad_1] Meme-stock investor Ryan Cohen has amassed a stake in Alibaba Group Holdings and is now actively pushing the Chinese e-commerce giant to expand its share buyback program, The Wall…

[ad_1] Nelson Peltz’s Trian Fund Management will not pursue a takeover of Wendy’s Co., the activist hedge fund said Friday. Peltz is Wendy’s WEN, +5.30% non-executive chairman, as well as…

[ad_1] Broadcom Inc. shares fell Tuesday following reports that Apple Inc. was working on its own radiofrequency (RF) chips, but one analyst wondered whether those plans would get shelved if…

[ad_1] Tesla Inc. shares jumped more than 8% in midday trading Monday, recouping some of their recent steep losses, and as analysts at Citi said they were optimistic about the…

[ad_1] Pfizer PFE, +0.28% is the latest pandemic stock to face questions about its long-term strategy as revenue from its COVID-19 vaccine and antiviral business starts to dry up.  Bank…

[ad_1] The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in…

[ad_1] Data from 235 million Twitter accounts has been leaked and posted on an online hackers forum, free for anyone to download, according to reports late Wednesday. Researchers at Privacy…

[ad_1] The Securities and Exchange Commission on Tuesday said it issued fraud charges against Cooper Morgenthau after he allegedly stole more than $5 million from a special-purpose acquisition company and…

[ad_1] It’s nearly the end of another dramatic year in finance.  Russia invaded Ukraine. Markets tumbled. Interest rates reached record highs. Prices soared. The Republican “red wave” at the midterm…

[ad_1] Have you got your Mega Millions ticket yet? There’s a $565 million jackpot at stake in Tuesday night’s drawing. While that doesn’t crack the list of the top 10…

[ad_1] Shares of Tesla Inc. suffered their longest losing streak since the start of the COVID pandemic, after Wedbush analyst Dan Ives slashed his price target by 30%, citing “demand…

[ad_1] Elon Musk says Tesla Inc.’s decision on a share buyback could be influenced by the severity of any economic downturn. “Are we talking about a mild recession, a moderate recession, a severe…

[ad_1] Hundreds of Tyson Foods Inc. employees from two of its largest business units plan to leave the company as it consolidates its corporate offices to northwest Arkansas next year, according to people…

[ad_1] Electric-vehicle maker Tesla Inc.’s shares declined for the fourth consecutive session Wednesday, after a report of a hiring freeze and plans for layoffs. Tesla TSLA, -0.17% is planning layoffs…

[ad_1] An activist shareholder has accumulated a stake in Six Flags Entertainment Corp. and is pushing the theme-park operator to sell or spin off its real estate to help reverse a…

[ad_1] Meta Platforms Inc. Chief Executive Mark Zuckerberg took the stand Tuesday on Day 7 of the Federal Trade Commission’s case to block Meta’s $400 million acquisition of VR fitness…

[ad_1] Cosmos Health Inc.’s stock pulled back Monday after the company announced the pricing of a $32.5 million registered direct offering, wiping away Friday’s big gains. Cosmos COSM, -63.15% stock fell…

[ad_1] Defense firm L3Harris Technologies Inc. on Sunday said it agreed to buy Aerojet Rocketdyne Holdings Inc. in a $4.7 billion deal that would cement L3Harris’s role as one of six prime defense contractors for the…

[ad_1] BURIRAM, Thailand — Toyota Motor Corp. 7203, -1.47%   TM, -0.87% President Akio Toyoda said he is among the auto industry’s silent majority in questioning whether electric vehicles should be pursued exclusively,…

[ad_1] Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor to…

[ad_1] Elon Musk tried to back out of his $44 billion deal for Twitter over the summer as valuations for advertising-dependent technology platforms plunged, but now he seems to want…

[ad_1] Oh Snap! Despite a roughly 80% decline in the price of Snap Inc.’s SNAP stock so far this year, Jefferies analyst James Heaney still sees reason for caution. He…

[ad_1] Seven & i Holdings Co. said Friday that it planned to sell its Sogo & Seibu department store business to a Fortress Investment Group affiliate for an enterprise value…

[ad_1] Amgen Inc. is in advanced talks to buy drug company Horizon Therapeutics PLC, according to people familiar with the matter, in a takeover likely to be valued at well over $20 billion and mark the largest…

[ad_1] Global central banks already managed to “pop some of the pandemic-inspired bubbles” this year by tightening monetary policy, but investors may need to wait until 2024 for relief in…