International Business Machines Corp., unlike many other tech giants, has been able to buck the sector’s selloff in recent months. Shares of IBM IBM, -0.79% are up 1.60% year-to-date, compared to 12.5...
Tag: Acquisitions
Micron Technology Stock Slumps After Getting Downgraded Again
Text size Micron was downgraded earlier this month by Piper Sandler. Dreamstime Micron Technology stock was sliding Monday after the memory chip provider got its second downgrade in less than two week...
Under Armour Stock Has Tanked. Director David Gibbs Scooped Up Shares.
Text size Under Armour stock plunged in early May after the company reported a first-quarter loss. Brandon Bell/Getty Images/Getty Images Under Armour stock has tumbled in 2022, but director David W. ...
Disney’s Abrupt Firing of Top TV Exec Just the Latest Drama Stock Doesn’t Need
Text size Peter Rice joined Disney in 2019. Arturo Holmes/Getty Images A top executive at Walt Disney is leaving nearly a year after renewing his contract in what might be just the latest headache for...
Kohl’s Suitor Wants to Buy the Chain by Selling Kohl’s Properties
Kohl’s beat back activists and is in talks to be sold for around $8 billion. But its suitor could bring a new set of challenges for the department-store chain. Franchise Group which owns the Vitamin S...
Western Digital Said It Would Consider Breaking in Two. Its Stock Is Dropping.
Text size Activist investor Elliott Management says that Western Digital’s flash memory business alone could be worth as much as the whole company now. Dreamstime Western Digital stock, after an...
Ripple And FTX Quite Vehement On Acquisitions Despite The Market Downtrends
Two significant crypto firms Ripple and FTX are planning on acquisitions amidst the bearish trends in the overall crypto market. Seems like, both of the entities are utilizing the recent market crash ...
Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions – Bitcoin News
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke...
Best Buy Founder Richard Schulze Bought a Big Block of Stock
Text size People shopping in a Best Buy store. Richard Schulze, Best Buy’s founder, bought $20 million in shares of the electronics retailer. Valentin M Armianu/Dreamstime.com Best Buy stock has tumbl...
Kohl’s Stock Rises on Takeover Bids. The Offers Show Scars of the Retail Rout.
Text size *** ONE-TIME USE *** The Kohl’s logo is displayed on the exterior of a Kohl’s store on Jan. 24, 2022 in San Rafael, California. Justin Sullivan/Getty Images Kohl’s stock rose Fri...
Micron Stock Slumps After Downgrade. Why the Analyst Fears the Consumer.
Text size Dreamstime Micron Technology stock was slumping Friday after the memory chip manufacturer received the first Sell-equivalent rating since February. Piper Sandler analyst Harsh Kumar downgrad...
Turning Point Stock Doubles on Bristol Deal. What It Means for Biotech M&A.
Text size Photograph by Georges Gobet/AFP/Getty Images Turning Point Therapeutics stock has more than doubled after Bristol Myers Squibb announced that it had agreed to buy the company. It’s just the ...
IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.
Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...
Ripple CEO Brad Garlinghouse Says Company To Consider Acquisitions: Report
Ripple CEO Brad Garlinghouse says the San Francisco-based payments company plans to consider acquiring other crypto projects in the future. Garlinghouse tells CNBC Ripple has a “very strong balance sh...
Top Crypto Companies Willing To Carry Out Acquisitions While Market Slips
Two major crypto entities, Ripple and FTX have expressed their wish to carry out acquisitions. They will look for companies that will facilitate them to acquire more users or regulatory licenses, hig...
Salesforce stock rallies following raised outlook, with stronger dollar seen as only major headwind
Salesforce Inc. shares rallied in the extended session Tuesday after the cloud-based customer-relationship-management company said business remained strong amid the current rocky economic landscape an...
Sam Bankman Fried Has More Than $2 Billion Set Up For Acquisitions Which Is A Wonderful Thing If They’re As Cheap As Robinhood
Bankman’s News- Fried’s 7.6% stake in Robinhood Markets caused the online brokerage’s stock price to rise by as much as 30% earlier this month. The FTX CEO pounced after Robinhood...
XRP On Course For Meteoric Rally As Ripple Explores Potential Acquisitions ⋆ ZyCrypto
Advertisement     Ripple, the blockchain firm behind the XRP cryptocurrency, is ready to expand through a series of mergers and acquisitions. According to a CNBC repor...
FTX, Ripple on the lookout for acquisitions to bolster growth
? Want to work with us? CryptoSlate is hiring for a handful of positions! FTX and Ripple, two major crypto companies, recently told CNBC they are well-capitalized enough to be on the lookout for acqui...
FTX and Ripple Hunting for Startups to Boost Users, Acquisitions Hit the $55B Mark
According to a CNBC report, the cryptocurrency exchange FTX and the cross-border payments company Ripple (XRP) are looking to acquire smaller companies to boost their user base. Despite the current ma...
Unilever Stock Rises Sharply as Nelson Peltz Is Added to Board
Text size Unilever makes food and household goods such as Dove soap, Hellmann’s mayonnaise, and Ben & Jerry’s ice cream. ANP/AFP via Getty Images Unilever said it appointed Nelson Pelt...
Cruise Stocks Have Sunk. Only Two Have Seen Large Insider Buys.
Text size Norwegian Cruise Line Holdings ships sit idle. The company and Carnival saw large stock buys by insiders. Tim Rue/Bloomberg All three cruise-line operators are pretty much in the same boat t...
FTX CEO Reveals Hunt For New Acquisitions and Growth Involving Billions
6 hours ago | 2 mins read Exchange News FTX has made $1.56 billion in crypto transactions in the last 24 hours. More than $2 billion has been raised by the FTX crypto exchange and its parent firm. In ...
FTX CEO Says Company Set to Spend Billions on Acquisitions: Bloomberg
Sam Bankman-Fried said his company is awash with excess liquidity and drawing on this, FTX Derivatives exchange is set to make a number of strategic acquisitions moving forward. As contained in an int...
Bankman-Fried says FTX prepared to spend billions on acquisitions: Bloomberg
Crypto exchange FTX is ready to spend billions of dollars for stakes in other companies, Chief Executive Officer Sam Bankman-Fried told Bloomberg in an interview. The billionaire CEO, who’s also a co-...
Netflix Stock Cut to Sell. Why This Analyst Says He Made a Mistake.
Text size Netflix shares have plunged by more than 70% so far in 2022 Getty Images A once infatuated Wall Street has definitely cooled on the godfather of streaming, Netflix , with a longtime bear adm...