Treasury Secretary Steven Mnuchin has confirmed the White House has received Oracle’s proposal for TikTok. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Dan Howley break down the details. …read more […]
(Bloomberg) — Gilead Sciences Inc. agreed to acquire Immunomedics Inc. for about $21 billion, a substantial premium for the maker of a promising breast-cancer therapy, and another big bet by Gilead that an innovative tumor-fighting drug can boost its fortunes.The proposed $88-a-share deal values Immunomedics at more than twice its closing price of $42.25 on Friday. The New Jersey-based company makes a breast-cancer treatment called Trodelvy that gained approval from the U.S. Food and Drug Administration in April. Since then, its stock has soared on bets that the clearance could make Immunomedics an attractive takeover target.Trodelvy’s approval came after clinical …read more […]
By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual… …read more […]
The deal will allow Verizon expand its presence in the value space. …read more […]
WATERLOO, ON, Sept. 14, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced Saudi Financial Lease Contract Registry Company, known by the brand name SIJIL, has selected BlackBerry® Unified Endpoint Manager (UEM) and BlackBerry® Workspaces for its secure communications needs. …read more […]
TSX: GPR | NYSE American: GPLVANCOUVER, BC, Sept. 14, 2020 /CNW/ – Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) (“Great Panther” or “the Company”) announces the publication of its first Sustainability Report highlighting the progress, initiatives and commitments in the areas of health, safety, environmental, social, and governance management. …read more […]
(Bloomberg) — Billionaire Ronald Perelman has agreed to sell his stake in Scientific Games Corp. to a group of investors that includes Australian investment firm Caledonia, which plans to overhaul the betting company’s board and strategy.The acquirers are set to pay $28 per share for Perelman’s 34.9% stake in Las Vegas-based Scientific Games, which provides gambling products and services such as slot machines, the company said in a statement on Monday, confirming an earlier Bloomberg News report. That’s a 48% premium to the company’s closing price Friday of $18.97 and values the stake at about $925 million.The group led by …read more […]
Stock futures paced toward a higher open Monday morning as investors considered positive developments around a coronavirus vaccine candidate, and eyed a flurry of newly announced mergers and acquisitions among major companies. …read more […]
U.S. satellite TV provider Dish Network, racing to build a 5G network in the United States by 2023, has turned to Finland’s Nokia to supply 5G core software. Dish is building its network ground up and has so far chosen non-traditional telecoms vendors and a new technology called Open Radio Access Network (RAN) that uses software to run network functions on the cloud, reducing the use of physical equipment. Nokia has distanced itself from other telecoms equipment firms by being a vocal supporter of Open RAN and had earlier partnered with Japan’s Rakuten – the first firm to …read more […]
NYSE | TSX: ACB EDMONTON, AB, Sept. 14, 2020 /CNW/ – Aurora Cannabis Inc. …read more […]
As artificial intelligence and technology continue pouring into our daily lives, I wonder what it’s doing to our psyche.
Several conversations with new homesteaders and home-schoolers have me thinking about the ramifications of technology.
After a recent “Lunatic Tour” at Polyface, I had a long conversation on the porch of the sales building with folks concerned about a seemingly growing aversion to trying something new.
Whether it’s an alternative COVID-19 treatment or a line of thinking that runs counter to current orthodoxy, the “sheeple” concept seems stronger than ever in our country.
Too Scared to Learn
I encounter the issue routinely with would-be and novice …read more […]
(Bloomberg) — Alibaba Group Holding Ltd. is in talks to invest $3 billion into Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.The Chinese e-commerce giant, a sole investor in the round, will spend a portion of the funds to acquire some of the Grab stock held by Uber Technologies Inc., one of the people said, asking not to be named as the discussions are private. The deal may represent one of Alibaba’s biggest bets on Southeast Asia since its first investment in Lazada in 2016.China’s largest corporation has previously had limited forays in ride-hailing …read more […]
Tesla Inc investors were disappointed after the company was snubbed in the S&P 500’s latest round of inclusions, but the electric automaker’s entry could still happen at any time and a merger by others in the benchmark index might help. Merger activity within the S&P 500 has historically been the biggest reason companies leave the index, and could provide an opening for a company like Tesla, said two sources familiar with how the committee has made decisions. While some in the market have questioned the quality of Tesla’s earnings, it was still widely expected to gain entry to …read more […]
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