Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in a bitter takeover battle.
Russia’s biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand.
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank’s new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.
Top news and what to watch in the markets on Monday, December 9, 2019. …read more […]
U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp in a trial that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.
Let’s talk about the popular PPG Industries, Inc. (NYSE:PPG). The company’s shares saw a significant share price rise… …read more […]
In 2008 George Cope was appointed CEO of BCE Inc. (TSE:BCE). This analysis aims first to contrast CEO compensation… …read more […]
Today we’re going to take a look at the well-established Baidu, Inc. (NASDAQ:BIDU). The company’s stock saw a decent… …read more […]
CEO Paul Hudson meets Wall Street analysts this week to unveil his strategy to revive the French drug maker. …read more […]
More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios… …read more […]
(Bloomberg) — Debt capital is finally becoming more widely available to cannabis companies, according to one of the biggest bankers to the industry.“You’re definitely going to see debt capital flow into the sector,” Dan Daviau, chief executive officer of Canaccord Genuity Group Inc., said in an interview at Bloomberg’s New York office last week. “That’s happening as we speak. You’ll see several debt deals announced over the next week or so.”Although debt-like forms of financing such as convertible debentures are common in the pot sector, very few companies have issued true corporate debt. Trulieve Cannabis Corp. and Green Thumb Industries …read more […]
Dec.09 — M&A Monday has begun with another big deal in the biotech space. Sanofi has agreed to buy U.S.-based Synthorx in a buyout worth approximately $2.5 billion. Bloomberg’s Sarah Syed reports on “Bloomberg Markets: European Open.” …read more […]
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money laundering scandal in its Baltic branches sent its shares down 40% in the past year.
Dec.09 — Tullow Oil Plc’s CEO and exploration director quit after a slew of operational setbacks, marking the exit of the old guard. Bloomberg’s Will Kennedy reports on “Bloomberg Markets: European Open.” …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
