Waste-management company Republic Services has been down in the dumps this year, but its largest shareholder, Bill Gates, just bought more shares. Republic Services stock (ticker: RSG) has slid 14% ye...
Tag: mergers
Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion
Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine...
FCA Warns Companies on Crypto Mergers
The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda. The EU regulated Austrian exchange announced that it would buy DeFi custod...
UK financial regulator issues warning shot on crypto mergers following Bitpanda deal
The UK’s financial regulator issued a warning shot on crypto mergers on Tuesday afternoon, following an acquisition announcement by Austrian exchange Bitpanda. Bitpanda, which is regulated in the EU,...
Ponzi scheme behind patriotic vodka, once featured on ‘Fox & Friends,’ scammed investors out of $900,000 to pay IRS and Amex bills, prosecutors say
A Connecticut businessman has pleaded guilty to operating an unpatriotic Ponzi scheme that pocketed $900,000 from investors looking to buy a pro-veteran vodka company. Brian Hughes, 57, of Madison, Co...
GM Stock Has Tumbled. Director Patricia Russo Bought Up Shares.
Text size GM director Patricia F. Russo (Photo by Monica Schipper/Getty Images for Women’s Forum of New York) Monica Schipper / Getty Images General Motors stock has tumbled in 2022, and directo...
Intel Pays Up for Foundry Expertise
For anyone doubting Intel Corp.’s ambitions to make chips for others, the company’s acquisition of Tower Semiconductor should lay their doubts to rest. The deal reported by The Wall Street Journal lat...
Generac Stock Rises Because It Expects ‘Exceptional Revenue Growth’ in 2022
Text size Dreamstime Shares of Generac Holdings were surging Wednesday after the generator maker’s 2022 outlook energized investors. “The company is initiating guidance for 2022 that anticipates anoth...
What a Monster, Constellation Merger Might Mean and Why Coca-Cola Could Be Key
Text size Monster Beverage display, Indianapolis, IN, November, 2020. Jonathan Weiss/Dreamstime.com Monster Beverage stock climbed early Tuesday as investors weighed up a possible merger between the e...
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
Intel Agrees to Buy Tower Semiconductor in $5.4 Billion Deal
Text size Justin Sullivan/Getty Images Intel Corp . agreed to buy Israeli company Tower Semiconductor for $5.4 billion as it looks to expand its manufacturing capacity and technology portfolio amid ri...
Intel reaches $5.4 billion deal to buy Tower Semiconductor
Intel Corp. on Tuesday struck a $5.4 billion deal to buy Tower Semiconductor, as it seeks to bolster its manufacturing capabilities. Intel INTC, -0.10% said it’s paying $53 per share in cash for Tower...
Elon Musk gave 5 million Tesla shares to charity after teasing possible donation to fight world hunger
Tesla Inc. Chief Executive Elon Musk donated more than 5 million Tesla shares in November, days after the U.N. World Food Program outlined a plan to potentially use a $6 billion donation from the worl...
Value of Crypto Mergers and Acquisitions Surged Nearly 5,000% Last Year Signaling Maturing Market: PwC Report
One of the biggest accounting firms in the world is revealing that the value of crypto mergers and acquisitions exploded almost 5,000% in 2021. According to a new report by global accounting giant Pri...
George Soros Buys a Big Rivian Stake
Text size Soros Fund Management’s stake was worth about $2.1 billion at the end of December. Courtesy Rivian George Soros’ family investment office, Soros Fund Management, revealed a new stake i...
Billionaire George Soros reveals stake in Rivian, sells some tech shares
Billionaire George Soros’ investment fund has taken a more than $1 billion stake in electric-pickup maker Rivian Automotive Inc. According to a filing with the Securities and Exchange Commission on Fr...
The Arm deal is dead, but Nvidia is not expected to slow down
Nvidia Corp.’s acquisition of Arm Ltd. has been scuttled, but that isn’t expected to stop the chip maker’s charge into the data center. seeks to cut further into Intel Corp.’s and Advanced Micro Devic...
GE’s Annual Report Is Shorter Again. Things Are Changing.
Text size General Electric plans to break itself into three parts. Sebastien Bozon/AFP via Getty Images General Electric ‘s latest annual report is more evidence that the company is shaking itself up....
Intel Slides After Analyst Day. Wall Street Sees Risks From Foundry Plans.
Text size Intel laid out its expectations at a meeting for analysts and investors on Thursday. Courtesy Intel Corporation Intel CEO Pat Gelsinger came into his first analyst day since he took the top ...