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This Day In Market History: Facebook"s WhatsApp Purchase Is The Largest Buyout Of A VC-Backed Company

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Feb. 19, 2014, Facebook, Inc. (NASDAQ: FB) bought the five-year-old WhatsApp for $19.6 billion in cash and stock. read more.....»»

Category: blogSource: benzingaFeb 19th, 2019

E-Commerce Newcomer Pinduoduo Hopes To Raise $1 Billion

Chinese e-commerce newcomer Pinduoduo Inc (NASDAQ: PDD) seeks to finance an operational expansion by raising $1 billion. The company's filing with the SEC said that it plans to sell 37 million shares to raise necessary capital. read more.....»»

Category: blogSource: benzingaFeb 6th, 2019

Facebook Surges After Big Q4 Earnings Beat

Facebook, Inc. (NASDAQ: FB) shares are surging after reporting a big fourth-quarter earnings beat. Earnings came in at $2.38 per share, beating estimates by 19 cents. Sales came in at $16.64 billion, beating estimates by $230 million. read more.....»»

Category: blogSource: benzingaJan 30th, 2019

Exclusive: British Lotus cars to be "Made in China" at new Geely plant: documents

The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed......»»

Category: topSource: reutersJan 17th, 2019

Facebook, Inc. (NASDAQ:FB) carrying out a $9 billion buyback plan

Facebook, Inc. (NASDAQ:FB) carrying out a $9 billion buyback plan Facebook investors had a rollercoaster year with the company’s share price. Since January, Facebook’s share price slid 21.68 percent after a series of publ.....»»

Category: topSource: livetradingnewsDec 13th, 2018

China"s Anta Sports-led group buying Finland"s Amer Sports for $5.2 billion

A consortium led by China's Anta Sports made an offer to acquire Finland's Amer Sports in a deal that values the company at 4.6 billion euros ($5.23 billion), the Chinese firm said on Friday......»»

Category: topSource: reutersDec 7th, 2018

Guggenhiem Is Bullish On Twitter Due To "Snackability," Neutral On Facebook

Investors who think Facebook, Inc. (NASDAQ: FB) and its 1.49 billion daily users is the superior investment idea over the smaller Twitter Inc (NYSE: TWTR) may want to reconsider, at least according to Guggenhe.....»»

Category: blogSource: benzingaDec 6th, 2018

How Alibaba turned a fake holiday into a $25 billion shopping extravaganza

Alibaba, the Chinese e-commerce giant, made $25 billion in just 24 hours on November 11, 2017, thanks to the largest shopping holiday 'Singles Day'......»»

Category: topSource: moneycentralNov 12th, 2018

Alibaba Holiday Sales Hit $24 Billion in One Day

Chinese e-commerce company Alibaba Group Holding Ltd. (NASDAQ: BABA) has its own holiday, much the way that Amazon.com Inc. (NASDAQ: AMZN) does. Alibaba’s is called “National Singles........»»

Category: blogSource: 247wallstNov 12th, 2018

Are Investors Overlooking Facebook"s True Potential?

Despite ongoing concerning headlines surrounding privacy, Facebook, Inc. (NASDAQ: FB) remains one of the most dominant companies in terms of mobile time spent, with a user base of more than 1 billion people.  Latest R.....»»

Category: blogSource: benzingaNov 1st, 2018

Facebook"s Q3 Earnings Preview

On Tuesday, Oct. 30, Facebook (NASDAQ: FB) will report its last quarter's earnings. Here is Benzinga's take on the company's release. Earnings and Revenue Wall Street expects EPS of $1.47 and sales around $13.79 billion. read more.....»»

Category: blogSource: benzingaOct 30th, 2018

Facebook, Inc. (NASDAQ:FB) market will want to see a return to growth

Facebook, Inc. (NASDAQ:FB) market will want to see a return to growth In the second quarter Facebook reported daily active users (DAUs) across its platforms of 1.471 billion and a monthly active user (MA.....»»

Category: topSource: livetradingnewsOct 22nd, 2018

Facebook, Inc. (NASDAQ:FB) 50 million accounts compromised

Facebook, Inc. (NASDAQ:FB) 50 million accounts compromised Facebook Inc. FB -1.23% —Down 0.3% premarket: A European Union privacy watchdog could fine the social-media firm as much as $1.63 billion for a data breach a.....»»

Category: topSource: livetradingnewsOct 2nd, 2018

Li Ka-shing's Husky Goes Hostile in Chinese Battle for Canada's Oil Sands - Bloomberg

BloombergLi Ka-shing's Husky Goes Hostile in Chinese Battle for Canada's Oil SandsBloombergHusky Energy Inc. made a C$3.3 billion ($2.6 .....»»

Category: topSource: googlenewsOct 1st, 2018

50 Million Facebook Accounts Hit By Security Breach

As one of the most prominent social media platforms, Facebook, Inc. (NASDAQ: FB) recently reported serving 2.23 billion monthly active users. read more.....»»

Category: blogSource: benzingaSep 28th, 2018

Trump throws $200 bln tariff bomb at China

President Trump opened up a new front his trade war with China by announcing plans to slap tariffs on $200 billion worth of Chinese-made goods......»»

Category: videoSource: reutersSep 18th, 2018

Chinese-Made Air Conditioners, Food, Furniture, and Toys Part of Trump’s $200 Billion Tariff List

Trump imposes tariffs against $200 billion of Chinese imports, including food, electronics, raw materials, mattresses, and much more. Boats, TV sets, and cooper are among the list of imports covered by $200 billion in new tariffs against Chi.....»»

Category: europeSource: fortuneSep 17th, 2018

‘Coming soon:’ tariffs on $200 billion Chinese goods

The White House is stepping up its fight with China with plans to slap tariffs on $200 billion worth of Chinese-made goods......»»

Category: videoSource: reutersSep 17th, 2018

Apple, Amazon lead Wall Street lower as tariffs loom

A slide in Apple and Amazon led the S&P 500 and Nasdaq indexes lower on Monday on expectations that President Donald Trump was about to go ahead with new tariffs on $200 billion of Chinese goods and that Beijing would retaliate......»»

Category: topSource: reutersSep 17th, 2018

S&P 500, Nasdaq log 4th loss in a row, Dow erases weekly gain as China tariff spat spooks Wall Street

U.S. stocks ended the day and week lower on Friday after President Donald Trump said the U.S. had tariffs ready to go on another $267 billion in Chinese goods, on top of tariffs on $200 billion in goods t.....»»

Category: topSource: marketwatchSep 7th, 2018