In the tenth annual Disruptor 50 list, CNBC highlights private companies that grew through the ups and downs of the pandemic and are poised to meet increasing economic and consumer challenges. All tol...
Tag: mergers and acquisitions
Elon Musk To Twitter: Prove Spam Data Or The Takeover Deal Is Off
Updated at 9:40 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares edged higher Tuesday, potentially snapping their recent run of eight consecutive session declines, after Tesla (TSLA) &#...
Spirit Airlines Stock Soars As JetBlue Launches Hostile Takeover
Updated at 9:32 am EST Spirit Airlines (SAVE) – Get Spirit Airlines, Inc. Report soared higher Monday after JetBlue Airways (JBLU) – Get JetBlue Airways Corporation Report launched a hos...
LIC, India’s largest-ever IPO, will test foreign investor appetite
The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s bigg...
Activision Stock Jumps As Warren Buffett Reveals $5.6 Billion Stake
Activision Blizzard (ATVI) – Get Activision Blizzard, Inc. Report shares moved higher Monday after Warren Buffett’ told investors that his Berkshire Hathaway investors group has built a 9...
Musk Makes a Big Promise After Selling Millions of Tesla Shares
It’s a promise that will delight Tesla (TSLA) – Get Tesla Inc Report fans and investors. After days of wondering about their hero Elon Musk’s intentions regarding Tesla, they can n...
Singapore fintech Nium plans aggressive expansion in Europe
Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Ima...
Retail and consumer IPOs, M&A activity slowing amid inflation: KPMG
People shop at a grocery store in Monterey Park, California, on April 12, 2022. Frederic J. Brown | AFP | Getty Images Supply chain headaches, surging interest rates and the war in Ukraine have combi...
Elon Musk Lines-Up $46.5 Billion To Fund Twitter Buy, Mulls Tender
Updated at 11:19 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares edged higher Thursday after billionaire Tesla (TSLA) – Get Tesla Inc Report CEO Elon musk said he is still intere...
Elon Musk Hints At $42 Billion Tender Offer In Latest Twitter Twist
Updated at 3:50 pm EST Twitter (TWTR) – Get Twitter, Inc. Report shares moved higher Monday, but still sit well below the takeover price offered by Tesla (TSLA) – Get Tesla Inc Report CE...
AT&T Stock Rises After the Merger. What Do the Charts Say?
Shares of AT&T (T) – Get AT&T Inc. Report are higher on Monday, at last check about 8% up, after the company completed its merger with Discovery on Friday. The split leaves the pure-pla...
AT&T Stock Adjusts For WarnerMedia, JPMorgan Resumes At Overweight
Updated at 12:36 pm EST AT&T (T) – Get AT&T Inc. Report shares were marked sharply lower in pre-market trading Monday investors adjusted for the completion of its $43 billon media merge...
High Demand, Low Supply, High Prices Make It A Bull Market For Car Dealerships
A Chevrolet dealership in Colorado Photo: Chevrolet Car dealerships are buying each other up at a record pace. That’s a sure sign, dealers are confident in the long-term health of the auto retail indu...
A Blue Chip Name is About to Offer a 6% Yield
To be perfectly honest, few traders are revved up about AT&T (T) – Get AT&T Inc. Report stock, and for good reason. The company’s stock has been a perennial dog, amid ill-advised ...
Apple buys UK fintech start-up Credit Kudos
Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has...
Salesforce CEO Tells Jim Cramer About His Company’s Comeback Plan
The stock market has been weighing the value of a lot high-flying tech names in the face of higher interest rates and inflation lately. The CEO of one of the bigger names recently spoke with Jim Crame...
Insiders at This Bank Bought $1.5 Million in Shares. Guess What Happened Next
Between covid, covid again, and now war, investors have spent two years on the edges of their seats. This has left many companies undervalued relative to the strength of their business. Recently Toron...
Authentic Brands Group takes majority stake in David Beckham’s brand
Retail and entertainment conglomerate Authentic Brands Group announced Thursday it has entered into a partnership to co-own and oversee David Beckham’s global brand. Authentic Brands declined to...
Why An LVMH Acquisition Of Ralph Lauren Is A Good Idea
Founder Ralph Lauren has created a completely unique company. (Photo by Mike Coppola/Getty Images … [+] for Mercedes-Benz Fashion Week) getty There is a report out today that LVMH has had numero...
CLSA assesses the impact of rates on SoftBank’s investment strategy
The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, acco...
Peloton shares up on takeover talks, here’s why a deal might not work
Peloton’s stock soared more than 25% Monday, putting it back above its IPO price, as the beaten down connected fitness equipment maker attracts interest from outsiders. Thus far, reports have na...
Crypto exchange FTX to buy Japanese rival Liquid
Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021....
Tech sell-off has VCs worried about a drop in startup valuations
A conceptual image showing stock exchange numbers and flames. Sean Gladwell | Moment | Getty Images After a blockbuster year for venture capital deals, some investors worry the boom times may not last...
Macellum asks for Kohl’s board seat and for Kohl’s to explore a sale
Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Activist hedge fund Macellum Advisors has been asking Kohl’s to consider selling itself and now i...
Kohl’s shares surge as takeover offers emerge, suitors include Sycamore
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s shares soare...