Comcast beats Fox in Sky auction with $39 billion bid, ending 21-month fight

Comcast topped 21st Century Fox in a weekend auction for Sky, winning the British broadcaster with a $38.8 billion bid that ends a monthslong takeover battle and promises Comcast a greatly expanded international footprint......»»

Some of the company's shares had earlier traded at $375 per share, which set it on it track for about a $100 billion valuation. Coinbase CEO Brian Armstrong. Anthony Harvey / Stringer C.....»»

The United States will give individuals, and small and mid-sized businesses a three-month tax holiday to try to fight the economic impact of the novel coronavirus, President Donald Trump said Wednesday night......»»

Saudi Aramco, the Saudi state oil giant, said it posted a net income of $68 billion during the nine-month period ending on September 30......»»

Asustek Computer has reported consolidated revenues for July 2019 increased 5.9% from a year earlier to NT$25.53 billion (US$812 million), ending a 22-month streak of on-year decreases......»»

China on Friday vowed to fight back against U.S. President Donald Trump's abrupt decision to slap 10% tariffs on the remaining $300 billion in Chinese imports, a move that ended a month-long trade truce......»»

Stocks fell sharply amid signs of a new escalation in the U.S.-China commercial dispute......»»

GaAs IC foundry Win Semiconductors saw its revenues surge 15.1% from a year earlier to NT$1.78 billion (US$57.1 million) in June 2019, with the growth ending a 10-month streak of on-year decreases......»»

Shares of Sotheby's soared 60% toward an 11-month high in premarket trading Monday, after the auction house announced a deal to be acquired by BidFair USA, which is owned by telcom and media entrepreneur and art collector Patrick Drahi, in a de.....»»

The staggering figure of more than three billion fake accounts blocked by Facebook over a six-month period highlights the challenges faced by social networks in curbing automated accounts......»»

saw record The $3.6 billion taken in last month as tax returns came due increased New Jersey’s major revenues so far in the current fiscal year ending in June by 11% from a year earlier, according... To view the full story, click the title link......»»

said last month when he presented the city's executive budget for fiscal 2020 that the $92.5 billion plan covers $59 million in state cuts to city public health funding. Lawmakers…; and advocates... To view the full story, click the title link......»»

Canada's second-biggest carrier WestJet Airlines Ltd on Monday accepted a C$3.53 billion ($2.63 billion) cash buyout offer from private equity fund Onex Corp, ending a two-month long strategic review......»»

Canada's second biggest carrier WestJet Airlines Ltd on Monday accepted a C$3.53 billion ($2.63 billion) buyout offer from private equity fund Onex Corp, ending a two-month long strategic review......»»

After last month's unexpectedly strong 2Y auction which saw a surge in foreign central bank demand, the just concluded sale of $40 billion in 2Y paper was less exciting, even if it did have its moments. The high yield of 2.3.....»»

The robocall epidemic proliferated in 2018 with an estimated 47.8 billion calls in the U.S. alone. That's an increase of 56.8 percent over the estimated 30.5 billion calls in 2017, according to YouMail, a service that stops robocalls. Verizon Com.....»»

Starting a new month of coupon (and deficit) funding, today the Treasury sold $38 billion in 7 Year Treasuries at a high yield of 2.448%, the lowest yield since March 2018, which .....»»

After yesterday's mediocre 3Y auction, today's reopening of $21 billion in 10Y notes (the 9-Year 10-Month cusip 3W8) was especially ugly. On one hand, the auction stopped out at 2.795%, tailing the When Issued by 0.5bps, if modestly.....»»

A federal judge has a month until issuing a decision on AT&T’s $85.4 billion merger with Time Warner. Will the revelation that AT&T paid Trump lawyer Michael Cohen $200,000 help its case?      &.....»»

Earlier this month, Netflix's market capitalisation overtook leading US cable operator Comcast, which owns NBC and Universal Pictures.....»»