Merck & Co.’s roughly $40 billion deal for Seagen Inc. is unlikely to be finalized ahead of the pharmaceutical giant’s earnings later this month, though the talks remain on track, Read more
Tag: Corporate Actions
Elon Musk responds to Twitter’s lawsuit, opposing company’s request for expedited trial
Elon Musk filed a motion Friday opposing Twitter Inc.’s request to expedite a trial over his intention to terminate his $44 billion takeover. Lawyers for Musk filed papers with the Read more
Elon Musk responds to Twitter’s lawsuit, opposing company’s request for expedited trial over $44 billion deal
Elon Musk filed a motion Friday opposing Twitter Inc.’s request to expedite a trial over his intention to terminate his $44 billion takeover. Lawyers for Musk filed papers with the Read more
Weekend reads: What you can do to counter high inflation
This week featured another batch of government reports underlining the high inflation Americans are suffering through. The Consumer Price Index for July hit another multidecade record with a year-over-year increase Read more
Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best
As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive Read more
Payments startup Stripe slashes its internal valuation by nearly 30%
Payments giant Stripe, last valued by private investors at $95 billion, cut the internal value of its shares by 28%, people familiar with the matter said. Stripe told employees in an email Friday Read more
Amazon slashes its private-label selection, considers exiting business under regulatory pressure
Amazon.com Inc. has started drastically reducing the number of items it sells under its own brands, and the company has discussed the possibility of exiting the private-label business entirely to alleviate regulatory Read more
Opinion: ‘I see buying opportunities.’ How this stock trader with 40 years of experience makes money in a bear market
Howard Kornstein, a professional trader with more than 40 years’ experience in stocks, options and futures, developed and fine-tuned his strategies while facing every imaginable market environment. He has little Read more
With inflation rising and fears of recession, watch out for these 3 key numbers in company earnings reports and the solution to the labor shortage in construction? More women and immigrants, says Harvard researcher
Hi, MarketWatchers. Don’t miss these top stories. The solution to the labor shortage in construction? More women and immigrants, says Harvard researcher Bring more women and immigrants on board to Read more
Activist investor Elliott takes big stake in Pinterest amid turmoil
Activist investor Elliott Management Corp. has taken a big stake in Pinterest Inc., according to people familiar with the matter, as the once-hot social-media company grapples with a decline in users Read more