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The Wall Street Journal: Online marketplace StockX valued at $3.8 billion, lets some employees sell shares

The 35% jump in valuation comes ahead of the company’s expected public listing that is likely to happen as soon as the second half of this year, according to people familiar with the company’s plans......»»

Category: topSource: marketwatchApr 7th, 2021

McKesson, Cardinal Health, AmerisourceBergen stocks surge after WSJ report of $18 billion settlement talks

Shares of McKesson Corp. rallied 5.7% in midday trading Wednesday, enough to pace all of its larger-capitalization health care peers, after The Wall Street Journal reported that the drug distributor, and two others, were in talks.....»»

Category: topSource: marketwatchOct 16th, 2019

Nike"s first-quarter shines as direct-to-consumer push gains momentum

Nike Inc's quarterly revenue and profit beat Wall Street expectations on Tuesday as a push to sell sneakers and apparels to consumers through its own stores and online retailers gained pace, boosting margins and sending its shares up 6%......»»

Category: topSource: reutersSep 24th, 2019

The Wall Street Journal: Anbang discovers fake deeds as it moves to sell U.S. hotels for $5.8 billion

A Chinese insurer has agreed to sell a luxury hotel portfolio for more than $5.8 billion, overcoming an unusual stumbling block: A California individual secretly created a series of fake deeds to transfer ownership for up to a half-dozen of the hotels......»»

Category: topSource: marketwatchSep 10th, 2019

The Wall Street Journal: Huntsman selling 2 chemical units to Thai rival for $2.1 billion

Huntsman will sell its chemical intermediates and its surfactants units to Thailand-based Indorama Ventures, it said in a statement on Wednesday......»»

Category: topSource: marketwatchAug 7th, 2019

Bezos sells another $1B in Amazon stock during Wall Street sell off

Jeff Bezos on Monday sold another nearly $1.1 billion in Amazon shares, bringing his total stock sales in the past week to nearly $3 billion. Bezos sold 532,120 shares for between about $1,800 and $1,900 per share, according to Aug. 5 filings with t.....»»

Category: topSource: bizjournalsAug 5th, 2019

The Wall Street Journal: Pentagon delays JEDI decision, which pits Amazon vs. Microsoft, pending review

Defense Secretary Mark Esper will undertake a review of a massive cloud-computing contract before the Pentagon awards it, creating a new potential obstacle for the lucrative deal expected to be valued at up to $10 billion over a decade......»»

Category: topSource: marketwatchAug 1st, 2019

The Wall Street Journal: Prologis buying Industrial Property Trust, a rival REIT, in $3.9 billion deal

Prologis Inc. has agreed to buy real-estate investment trust and warehouse owner Industrial Property Trust in a deal valued at $3.99 billion including debt, the company said Monday......»»

Category: topSource: marketwatchJul 15th, 2019

FedEx stock falls after WSJ report of price cuts to support Express business

Shares of FedEx Corp. fell 1.3% in premarket trading Monday, after The Wall Street Journal reported that the package delivery giant has been offering big discounts in an effort to attract online merchants to its Exp.....»»

Category: topSource: marketwatchJun 24th, 2019

Fiat Chrysler shares sink after report that it has dropped Renault bid

Shares of Fiat Chrysler Automobiles Inc. fell in after-hours trading Wednesday following a Wall Street Journal report that its $40 billion merger bid for Renault SA had been withdrawn. The Journal.....»»

Category: topSource: marketwatchJun 5th, 2019

Goldman Sachs to buy Capital Vision Services in $2.7 billion deal: WSJ

The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centers, in a deal valued at $2.7 billion including debt, the Wall Street Journal reported on Monday......»»

Category: topSource: reutersJun 3rd, 2019

How Etsy Is Boosting Sales With Machine Learning

Etsy shares were up slightly on Tuesday after a Wall Street Journal reported that the online crafts firm is using machine-learning technology from Alphabet to boost sales......»»

Category: blogSource: 247wallstMay 14th, 2019

The Wall Street Journal: Sinclair to buy 21 regional sports networks from Disney for more than $10 billion

TV-station giant Sinclair Broadcast Group Inc. has struck a deal valued at more than $10 billion to acquire 21 regional sports networks from Walt Disney Co., according to people familiar with the matter......»»

Category: topSource: marketwatchMay 2nd, 2019

Uber nears investment deal for self-driving car unit: WSJ

Uber Technologies Inc is nearing a deal with a group, including SoftBank Group Corp, to invest in its self-driving car unit to be valued at $7.25 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter......»»

Category: topSource: reutersApr 17th, 2019

The Wall Street Journal: Tesla will no longer sell cheaper Model 3 online

The company’s announcement .....»»

Category: topSource: marketwatchApr 12th, 2019

The Wall Street Journal: Qualcomm laying off 4.4% of its workforce to cut costs

Qualcomm Inc. began laying off employees, pursuing a promise to boost profit by shedding $1 billion in expenses, the company said......»»

Category: topSource: marketwatchApr 19th, 2018

The Wall Street Journal: TaskRabbit users warned to change passwords after ‘cybersecurity incident’

TaskRabbit, an online marketplace for freelance labor that is part of Swedish furniture chain IKEA, disclosed it has been hit by cybercriminals......»»

Category: topSource: marketwatchApr 16th, 2018

The Wall Street Journal: Prologis closes in on roughly $8 billion deal to buy DCT

Prologis Inc. is nearing an agreement to buy logistics provider DCT Industrial Trust Inc. in a deal that could be valued at about $8 billion or more, according to people familiar with the matter......»»

Category: topSource: marketwatchApr 29th, 2018

The Ratings Game: Carvana’s sales beat boosts stock, triggers upgrade all the way to buy from sell

Carvana shares rallied Thursday as a first-quarter sales beat gave Wall Street analysts a reason to become more optimistic about the online car-selling company......»»

Category: topSource: marketwatchMay 10th, 2018

The Wall Street Journal: Bayer to sell $9 billion in assets ahead of Monsanto tie-up — largest divestiture ever for a U.S. deal

The Justice Department grants antitrust approval Tuesday to Bayer’s planned acquisition of Monsanto Co., after requiring the German company to sell off about $9 billion in assets in order to preserve competition......»»

Category: topSource: marketwatchMay 30th, 2018

The Wall Street Journal: Mars to buy European pet care company in $2.4 billion deal

Mars says it has agreed to buy European veterinary operator AniCura in a deal valued at €2 billion ($2.36 billion) including debt, as the company pushes further into the lucrative business of pet care......»»

Category: topSource: marketwatchJun 11th, 2018