August 21, 2023
“…The company’s shares plummeted 39% on Thursday, erasing 18 billion euros ($20 billion) from Adyen’s market capitalization, as investors dumped the stock after the firm reported its slowest revenue growth on record. The stock closed down a further 2.9% on Friday… Continue Reading…
August 15, 2023
https://finance.yahoo.com/m/7a5dbac6-51ee-38c9-8218-f8bd736dac4e/home-depot-tops-earnings.html The article is behind a paywall but the headline is useful. There’s a 15 billion dollar buyback.
August 11, 2023
“…The Google owner generated nearly $29 billion in cash in the second quarter after cutting thousands of jobs and efforts to stanch losses in its various moonshot projects. That left Alphabet with cash and short-term marketable securities of about $118… Continue Reading…
August 9, 2023
“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…
August 8, 2023
“Paramount Global agreed to sell book publisher Simon & Schuster to private equity giant KKR for $1.62 billion, the media company said Monday as it reported earnings that topped Wall Street estimates… Paramount executives said during Monday’s earnings call that the proceeds… Continue Reading…
July 28, 2023
“”…Revenues for the second quarter were nearly CA$3.2 billion (US$2.4 billion), up 44% year over year (y/y), CPKC said Thursday afternoon. The y/y figure reflects CP’s results in the second quarter of 2022. Canadian Pacific and Kansas City Southern completed their merger… Continue Reading…
July 27, 2023
“Shares of Banc of California and PacWest Bancorp got a major boost from news Tuesday that the two lenders will merge in an all-stock deal to create a new bank. PacWest shares surged 31.3% to $10.10 apiece in after-hours trade after news… Continue Reading…
July 27, 2023
“JPMorgan Chase & Co will buy almost $2 billion worth of mortgages to facilitate Banc of California’s purchase of PacWest Bancorp, a source with knowledge of the matter told Reuters. The investment bank has entered into an agreement to buy… Continue Reading…
July 25, 2023
“Taiwan Semiconductor Manufacturing Company plans to invest nearly $90 billion New Taiwan dollars (about $2.87 billion) in an advanced chip packaging plant in Taiwan, the company told CNBC on Tuesday. It comes as global chipmakers seek to capitalize on the artificial… Continue Reading…
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