Browsing Tag
acquisitions
After a delay, payment-technology company Affirm Holdings Inc. is about to get paid. The company, which lets people purchase goods and pay over time, priced its initial public offering at $49 a share late Tuesday, according to…
Micron stock targets hiked by more than half of analysts as big demand turnaround seen in 2021
Micron Technology Inc.’s stock received price hikes from more than half the analysts who follow it Friday and shed its holdout sell rating on expected strong growth in 2021. Late Thursday, Micron
MU,
-2.14%…
SoftBank to take majority stake in Katerra with $200 million bailout
SoftBank Group Corp. has agreed to invest $200 million more to bail out Katerra, a construction startup that ran into financial problems as it tried to shake up the building industry. Katerra’s shareholders on Wednesday voted…
Why M&A is set to continue its hot streak in 2021
A surge in big-ticket mergers and acquisitions and a boom in initial public offerings saw the world’s largest investment banks pull in $87.5 billion in 2020, as the COVID-19 crisis pushed revenues to a 13-year high. That looks set to…
Huntington Bankshares, TCF Finanancial agree to merger
Huntington Bancshares Inc. agreed to merge with TCF Financial Corp. in the latest in a recent string of regional-bank tie-ups. The all-stock deal would be one of the larger recent bank combinations, valuing Detroit-based TCF…
Tesla stock falls after $5 billion stock offering plan
Shares of Tesla Inc. dropped Tuesday after the electric vehicle market leader filed for the sale of up to $5 billion worth of stock. The share sale plan comes after the stock shot up 12.8% over the past three days to Monday’s…
Goldman Sachs seeks full control of its China securities joint venture
Goldman Sachs Group Inc. is moving to acquire 100% ownership of its securities joint venture in China, deepening its investment in the world’s second-largest economy 17 years after setting up shop with a domestic partner. The…
Slack shares skyrocket 38% on report of possible Salesforce purchase
Slack went public in June 2019.
Getty Images…
Fear of Amazon is feverish as the internet retail giant shakes up the pharmacy business
Amazon.com has been one of the most innovative and disruptive companies of this century, with incredible success in areas that lie outside of what has been historically perceived as its core business (book selling).Thus every announcement…
Ulta Beauty shares jump after ‘mutually beneficial’ partnership with Target announced
Both Target and Ulta will benefit from the beauty partnership they've announced, analysts say
Target…