October 2, 2024
“…The company’s debt is on track to balloon further after it agreed to buy Frontier Communications (NASDAQ: FYBR) in a $20 billion all-cash deal. However, it recently made a counter move to cash in the value of its tower assets, which will bring… Continue Reading…
October 1, 2024
“NIO’s shares in Singapore and Hong Kong surged after a unit of the Chinese electric vehicle maker secured a capital injection…” https://finance.yahoo.com/m/5f41df4f-9a28-32ee-85ac-4f1e41f77a45/nio-shares-jump-after-unit.html News behind paywall. Just know it’s good news for this company.
September 26, 2024
“Blackstone and Vista Equity Partners will acquire Smartsheet in an $8.4 billion deal. The all-cash bid of $56.50 per share is about a 41% premium to the company’s unaffected average share price. The collaboration software maker went public in 2018… Continue Reading…
September 19, 2024
“The Global Artificial Intelligence Infrastructure Investment Partnership is initially looking to raise $30 billion for new and existing data centers. The fundraising, which could total $100 billion, will also be used to invest in the energy infrastructure needed to power… Continue Reading…
September 19, 2024
“…Microsoft also will increase its quarterly dividend by 8 cents, to 83 cents a share. It’s the company’s 20th straight year of increasing its dividend. Microsoft stock rose 0.9% to 435.07 on Tuesday. MSFT stock has risen for seven straight… Continue Reading…
August 20, 2024
“…Shares of the New York-based company plummeted 19%. JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue. It also plans to raise $400… Continue Reading…
August 14, 2024
“…British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group… Shareholders in Hargreaves Lansdown — the U.K.’s biggest stockbroker — will get 1,110 British pence… Continue Reading…
August 12, 2024
https://finance.yahoo.com/news/warren-buffetts-selling-over-3-092100064.html While the timing is good lets be honest here. Selling that much stock would cause a flash crash even in a strong economy. At a certain point one has to ask does removing so much money from a sock… Continue Reading…
August 12, 2024
“SoftBank Group shares tanked nearly 19% on Monday amid a global sell-off, wiping off billions of dollars from founder Masayoshi Son’s fortune. On Monday, Son’s net worth fell by $4.6 billion alone, according to the Forbes real-time billionaires list. Monday’s… Continue Reading…
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