Tag: mergers

[ad_1] Alphabet Inc.’s GOOGL, -2.10%   GOOG, -2.22% Google plans to combine the team working on the mapping service Waze with the group overseeing the company’s Maps product, as the search…

[ad_1] Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if…

[ad_1] The outlook for cruise stocks is still “more positive than not,” according to JPMorgan analyst Daniel Adam, but given macroeconomic and financial concerns in the sector, not all names…

[ad_1] A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that…

[ad_1] Funko Inc. is putting its longtime chief executive back in charge of the business and looking for new executives to join him after a disappointing holiday forecast chopped the…

[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…

[ad_1] Morgan Stanley sampled a few Tesla investors and detected what Wall Street has long posited: Chief Executive Elon Musk’s “involvement” with Twitter Inc. “has contributed to negative sentiment momentum”…

[ad_1] Activision Blizzard Inc.’s stock price has been swept up in the speculation around whether Microsoft Corp. will gain regulatory clearance for its $69 billion deal for the videogame publisher,…

[ad_1] Volkswagen AG on Wednesday agreed to a new pay deal with Germany’s largest labor union to alleviate soaring inflation in the country, including a bonus of 3,000 euros ($3,092).…

[ad_1] Shares of Lumen Technologies Inc. have lost more than half their value this year and are headed for their worst yearly performance on record, but MoffettNathanson’s Nick Del Deo…

[ad_1] TuSimple Holdings Inc. co-founder Mo Chen has taken control of the self-driving trucking company as federal authorities continue to investigate TuSimple’s relationship with Chen’s other startup, a Chinese hydrogen-trucking company. A TuSimple TSP,…

[ad_1] Shares of Advance Auto Parts Inc. dropped more than 9% in the extended session Tuesday after the specialty retailer missed Wall Street expectations for its quarterly earnings as it…

[ad_1] Tesla Inc.’s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after…

[ad_1] Apple Inc. plans to source chips for its devices from a manufacturing plant currently under construction in Arizona, according to a new report. Bloomberg News reported Tuesday that Apple…

[ad_1] Estée Lauder Cos. EL, +2.86% will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever…

[ad_1] Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to…

[ad_1] Rheinmetall AG RHM, +3.85% said it has agreed to acquire Spanish ammunition maker Expal Systems SA for an enterprise value of 1.2 billion euros ($1.24 billion). Expal , which…

[ad_1] Twitter laid off a large portion of its contract workforce over the weekend, according to multiple reports. Platformer’s Casey Newton first reported the layoffs Saturday, and said Sunday that…

[ad_1] Tesla Inc. stock was removed from Wedbush’s Best Ideas list on Thursday, with analyst Dan Ives citing the overhang from Chief Executive’s entanglement with Twitter Inc. “In what has…

[ad_1] The Securities and Exchange Commission and Justice Department are investigating cryptocurrency platform FTX following its sudden implosion this week, a person familiar with the matter said. Staff at the two…

[ad_1] Binance, the world’s largest crypto exchange, has confirmed that it is indeed backing out of its deal to buy rival FTX’s non-U.S. assets, according to a tweet sent from…

[ad_1] Tesla Inc. shares were poised to end at their lowest in nearly two years on Wednesday, following news that Chief Executive Elon Musk sold about $3.95 billion worth of…

[ad_1] Royal Ahold Delhaize NV on Wednesday raised its full-year adjusted EPS guidance and announced a new 1 billion euro ($1.01 billion) share buyback as it reported a 13% rise…

[ad_1] The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a…

[ad_1] Carrefour SA on Tuesday set out a plan to step up investment and maintain annual share buybacks from higher earnings, helped by increased cost savings over the coming years.…