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Broadcom Agrees to Buy CA Technologies for $18.9 Billion

Broadcom struck a deal to buy software company CA Technologies for nearly $19 billion, a surprise move that takes the chip-making giant in a new direction......»»

Category: smallbizSource: wsjJul 11th, 2018

Exxon launched a $3 billion effort focused on lowering its emissions after investors pressured the oil giant to address climate change

The company will put $3 billion into low-carbon technologies through 2025 and initially focus on carbon capture and storage. An Exxon refinery in Bat.....»»

Category: topSource: businessinsiderFeb 1st, 2021

SpaceX raising another astronomical funding round, per report

Space Exploration Technologies Corp. is in the midst of another massive funding round, according to a new report. The new financing could rocket the Hawthorne, California-based aerospace company's valuation to anywhere from $60 billion to $92 bil.....»»

Category: topSource: bizjournalsJan 31st, 2021

Shoals Technologies Prices Upsized IPO At $1.9 Billion, Oaktree Offloads Stake

read more.....»»

Category: blogSource: benzingaJan 27th, 2021

SoftBank Dumps $2B Worth Of Uber Shares After Stock"s Rally

SoftBank Group Corp’s (OTC: SFTBY) Vision Fund has disposed of $2 billion worth of Uber Technologies Inc (NYSE: UBER) common stock shares last week, as reported earlier by read more.....»»

Category: blogSource: benzingaJan 12th, 2021

Teledyne to acquire Flir Systems in cash-and-stock deal valued at about $8 billion

Teledyne Technologies Inc. has agreed to acquire Flir Systems Inc. in a ca.....»»

Category: topSource: marketwatchJan 4th, 2021

Alexion Pharmaceuticals soars 35% after AstraZeneca agrees to $39 billion takeover

The deal has clear gains for both sides, but AstraZeneca's shares slid 6% after news of the UK firm's biggest purchase ever. Robert Giroux/Getty Images Alexion Pharmaceuticals soared 35% in pre-market trading .....»»

Category: smallbizSource: nytDec 14th, 2020

Jim Simons" Renaissance slashed its stakes in Amazon and Starbucks, and pulled $1.2 billion out of Tesla last quarter

Sylvain Gaboury/Getty Images Renaissance Technologies cut it.....»»

Category: topSource: businessinsiderMay 15th, 2020

Uber Values GrubHub At $6B In Their Acquisition Deal: Report

Uber Technologies Inc.'s (NYSE: UBER) acquisition offer to GrubHub Inc. (NYSE: GRUB) values the latter at $6 billion, the read more.....»»

Category: blogSource: benzingaMay 14th, 2020

Uber is discussing a takeover deal with Grubhub for roughly $6 billion: report

Uber Technologies Inc. and Grubhub Inc. are in talks over an acquisition that would value Grubhub at roughly $6 billion, according to a .....»»

Category: topSource: marketwatchMay 13th, 2020

Uber loses nearly $3 billion in three months, but stock rebounds after hours

Uber Technologies Inc. announced a quarterly loss of nearly $3 billion Thursday afternoon, including a write-down of more than $2 billion related to its investments in Asian partners, as the ride-hailing industry suffers from the COVID-19 pandemic......»»

Category: topSource: marketwatchMay 9th, 2020

The Ratings Game: Uber stock pops despite big losses as company ‘did not disappoint’ with its recovery talk

Uber Technologies Inc.’s quarterly loss of nearly $3 billion didn’t do much to dent analysts’ enthusiasm for the ride-hailing stock as Uber’s management outlined plans to cut costs due to pressures from COVID-19......»»

Category: topSource: marketwatchMay 8th, 2020

COVID-19 could cost hospitals $200 billion through June

Uber Technologies will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

Uber loses nearly $3 billion in three months, stock heads south in late trading

Uber Technologies Inc. announced a quarterly loss of nearly $3 billion Thursday afternoon, including a write-down of more than $2 billion related to its investments in Asian partners, as the ride-hailing industry suffers from the COVID-19 pandemic......»»

Category: topSource: marketwatchMay 7th, 2020

Delphi"s stock soars after BorgWarner agrees to amended buyout terms

BorgWarner Inc. said Wednesday it reached an agreement with Delphi Technologies PLC to amend the terms of its buyout deal, that will allows Delphi to draw on its revolving credit facility. Shares of Delphi, whic.....»»

Category: topSource: marketwatchMay 6th, 2020

Earnings Scheduled For May 5, 2020

Companies Reporting Before The Bell L3Harris Technologies, Inc. (NYSE: LHX) is expected to report quarterly earnings at $2.63 per share on revenue of $4.59 billion. read more.....»»

Category: blogSource: benzingaMay 5th, 2020

Airline SAS agrees credit facility backed by Sweden, Denmark

Airline SAS said on Tuesday it had signed a 3.3 billion Swedish crown ($336 million) three-year revolving credit facility agreement, 90% guaranteed by Sweden and Denmark's governments, as it looked to beat a path through the coronavirus crisis......»»

Category: topSource: reutersMay 5th, 2020

Germany agrees on Lufthansa rescue package worth 9 billion euros: Business Insider

Germany has agreed to help airline Lufthansa with a rescue package worth about 9 billion euros ($9.74 billion) in return for a blocking minority and one or two supervisory board mandates, Business Insider cited company sources as saying......»»

Category: topSource: reutersApr 28th, 2020

Uber Has Automatic "Shock Absorber" For Falling Revenue, Analyst Says After Company"s Write-Down

Uber Technologies, Inc. (NYSE: UBER) announced late last week that it will record an up to $2.2-billion impairment against equity investments and withdrew its fiscal 2020 guidance, citing uncertainties in the COVID-19 environment.....»»

Category: blogSource: benzingaApr 20th, 2020

Uber expects up to $2.2 billion charge, drop in quarterly revenue due to pandemic

Uber Technologies Inc said on Thursday it expects an impairment charge of up to $2.2 billion in the first quarter due to the coronavirus outbreak and revenue to decline by $17 million to $22 million in the quarter......»»

Category: topSource: reutersApr 16th, 2020

Uber to take charge of up to $2.2 billion due to coronavirus crisis

Uber Technologies Inc said on Thursday it expected an impairment charge of about $1.9 billion to $2.2 billion against some of its minority equity investments, due to the impact of the coronavirus outbreak on the value of those entities......»»

Category: topSource: reutersApr 16th, 2020