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Nokia stock gains after company announces $3.5 billion 5G agreement with T-Mobile

Nokia Corp. said Monday that it has signed a multi-year 5G agreement with T-Mobile that's valued at $3.5 billion. Nokia will provide T-Mobile with access to.....»»

Category: topSource: marketwatchJul 30th, 2018

Tech company Tresata just became Charlotte"s third unicorn

Tresata, an analytics software company, just became Charlotte's third unicorn. A unicorn refers to a company valued at $1 billion or more. Tresata recently secured a $50 million growth-capital investment from GCP Capital Partners, an investment th.....»»

Category: topSource: bizjournalsOct 10th, 2018

Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump’s Trade Tariffs, Report Says

Morgan Stanley estimates that 12% of Ford jobs—or 24,000 workers—could be cut. Ford is having a bad year in 2018. Its stock is down 29%, and the tariffs imposed by President Trump have reportedly cost the company .....»»

Category: europeSource: fortuneOct 9th, 2018

Area utility will embark on $1B in grid updates in 2019. Here"s how contractors can get a piece

The company has launched a new qualification process for contractors wanting to bid for any of the $1 billion in grid projects slated to start next year. The work is projected to generate 3,000 direct and indirect jobs over a five-year period......»»

Category: topSource: bizjournalsOct 9th, 2018

Bain Capital to buy majority stake in Rocket Software

IT services company Rocket Software said on Monday private equity firm Bain Capital had agreed to take a majority stake in the privately held firm in a deal valued at about $2 billion......»»

Category: topSource: reutersOct 8th, 2018

Meet America"s richest self-made woman, a 71-year-old roofing titan worth over $6B

From growing up on a dairy farm to chairing a billion-dollar company......»»

Category: topSource: moneycentralOct 7th, 2018

Corona Beer Maker’s Bet on Marijuana Has Already Netted More Than $1 Billion

Constellation Brands earned more than $1 billion during its first year in the marijuana business. Constellation Brands, the company behind Corona beer, bought a.....»»

Category: europeSource: fortuneOct 4th, 2018

Honda to Invest $2.75 Billion in GM’s Cruise

Honda has announced an investment of $2.75 billion in GM's Cruise autonomous vehicle business. Including a $2.25 billion investment earlier this year by Softbank, GM Cruise is now valued at around........»»

Category: blogSource: 247wallstOct 3rd, 2018

The 15-Year Google Veteran Who Took Its Ad Business to $95 Billion in Revenue Is Leaving the Company

His departure is just one of the challenges to Go.....»»

Category: europeSource: fortuneOct 2nd, 2018

Anaplan sets terms for IPO to raise up to $232.5 million and be valued at over $1.8 billion

Anaplan Inc. has set terms for its initial public offering, in which the cloud-based connected planning company could raise up to $232.5 million and be valued at up to $1.83 billion. The .....»»

Category: topSource: marketwatchOct 1st, 2018

GE Ousts CEO Flannery, Writes Down $23 Billion in Goodwill

After just over a year in the corner office, GE CEO John Flannery has been replaced by lead director H. Lawrence Culp. The company also said it will not meet previous full-year cash flow and earnings........»»

Category: blogSource: 247wallstOct 1st, 2018

GE CEO John Flannery steps down

General Electric Co Chief Executive Officer John Flannery stepped down on Monday after a year in charge as the company announced a $23 billion charge related to its power business......»»

Category: topSource: reutersOct 1st, 2018

Cybersecurity Firm Darktrace Is Now Worth $1.65 Billion After Latest Round of Funding

The company's workforce has increased by 60% in just the last year. Darktrace, a U.K.-based cybersecurity firm has raised $50 million in a recent round of venture capital funding, putting.....»»

Category: europeSource: fortuneSep 27th, 2018

How the Panthers measure up among NFL"s most-valuable teams

The Carolina Panthers changed owners last summer but the value of the NFL team remains unchanged, according to annual rankings from Forbes magazine. For the second year in a row, Carolina is valued at $2.3 billion, 21st among the 32 pro football teams.....»»

Category: topSource: bizjournalsSep 25th, 2018

Michael Kors to buy Gianni Versace in a $2.1 billion deal

Michael Kors Holdings Ltd. announced Tuesday a deal to buy Italy-based luxury goods company Gianni Versace SpA in a deal valued at $2.12 billion. Michael Kors's stock was still inactive in premarket trade.....»»

Category: topSource: marketwatchSep 25th, 2018

SiriusXM to Acquire Music Streaming Company Pandora

The transaction is valued at $3.5 billion and would create one of the country's largest audio entertainment companies, Pandora said Monday......»»

Category: topSource: washpostSep 24th, 2018

SiriusXM to acquire music streaming company Pandora

The transaction is valued at $3.5 billion and would create one of the country's largest audio entertainment companies, Pandora said......»»

Category: topSource: washpostSep 24th, 2018

SiriusXM buying Pandora Media in $3.5 billion deal

Subscription radio company SiriusXM says it's buying music streaming service Pandora Media Inc. in a stock deal valued at about $3.5 billion that'll allow it to expand its service beyond cars and into homes and other mobile areas......»»

Category: topSource: foxnewsSep 24th, 2018

This Fairfax firm"s tech is remaking reconnaissance. Just don"t call it a drone company.

Fairfax-based MAG Aerospace has acquired four companies in the last year-plus and recently secured backing from New Mountain Capital, a New York-based private equity firm with $20 billion in assets......»»

Category: topSource: bizjournalsSep 18th, 2018

$1.4 billion Anaplan files to go public, just a week after poaching its new CFO from Tesla

Anaplan Anaplan, an enterprise cloud software company, has filed to go public after 12 years. It was last valued at $1.4 billion.  Just a week ago, one David Morton came aboard as Anaplan CFO. Morton was previous.....»»

Category: topSource: businessinsiderSep 14th, 2018