Shares in U.K furniture group Made.com have collapsed 90% since the company failed to find a buyer late Tuesday and consequently suspended customer orders. In a statement to the market Read more
Tag: Corporate Actions
Stock in Orpea slumps 34% as French care home operator resumes trading
Shares in French care home group Orpea tumbled 34% on Wednesday as it resumed trading two days after a suspension on the Paris Stock Exchange. France’s market watchdog AMF stopped Read more
Tod’s buyout won’t go forward after offer misses threshold
The buyout offer for Italian luxury shoemaker Tod’s SpA won’t go forward after the Della Valle family fell short of the 90% ownership threshold it targeted, the family’s financial vehicle Read more
Mobileye prices IPO above targeted range to raise nearly $1 billion, and most of it will go to Intel
Mobileye Global Inc. priced its initial public offering higher than its targeted range late Tuesday to raise nearly $1 billion, most of which will go to Intel Corp. Mobileye priced Read more
Visa beats on earnings and boosts dividend by 20%
Visa Inc. topped earnings expectations for its latest quarter Tuesday as the payments giant continued to call out strong consumer spending trends. Payments volume at Visa V, +1.92% grew 10% Read more
Opinion: IBM’s expensive and risky pivot to the cloud is finally paying off
International Business Machines agreed to buy open-source enterprise-software company Red Hat for a whopping $33 billion in 2019, its biggest acquisition ever. Critics scoffed that the deal was folly. Everyone Read more
Weber shareholder’s offer could herald more ‘IPO-take-private’ moves, says analyst
After the closing bell on Monday, Weber Inc.’s largest shareholder, BDT Capital Partners, made an offer to buy the outdoor grill maker’s remaining shares for $6.25 apiece. Weber’s WEBR, +30.42% Read more
Apple TV+ price increase is another sign company is ‘building the next HBO,’ says analyst
Apple Inc. just raised the price of Apple TV+, which one analyst sees as a proof point of the service’s “quiet success” since its 2019 launch. Apple TV+ doesn’t get Read more
Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff
While Intel INTC, +0.71% executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in Read more
Canopy Growth speeds up U.S. entry instead of waiting until federal cannabis legalization
Canopy Growth Corp. said Tuesday it will no longer wait until federal legalization to buy three U.S. cannabis companies amid opportunities to benefit from strong growth in state-by-state cannabis sales. Read more