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Goldman sachs reports slump in 2q earnings on greensky writedown, fewer deals

Goldman Sachs (NYSE:GS) has reported a sharp decline in second-quarter earnings after the investment bank wrote down its investment in home improvemen...

July 19, 2023, 9:04 am

Activision extends microsoft merger deadline, declares 99-cent dividend

Videogame maker Activision Blizzard Inc. ATVI, -0.50% announced Wednesday an agreement with software giant Microsoft Corp. MSFT, +3.98% to extend the ...

July 19, 2023, 8:56 am

Microsoft, activision agree to extend deal deadline to oct. 18

Microsoft and Activision Blizzard on Wednesday agreed to extend the deadline for their merger agreement until Oct. 18, Activision said in a statement ...

July 19, 2023, 8:43 am

Iraq's massive total oil deal heralds new revenue-sharing formula

Iraq secured its $27 billion oil deal with France's TotalEnergies last week by offering quicker, less r...

July 19, 2023, 8:12 am

Broadcom's $61 billion vmware purchase wins uk competition watchdog's approval

Computer chip and software maker Broadcom's $61 billion plan to buy cloud technology company VMware cleared another hurdle Wednesday after Britain's c...

July 19, 2023, 8:03 am

Mcdonald's faces numerous allegations of workplace abuse

McDonald's Corp (NYSE:MCD) is coming under intense criticism in the UK after more than 100 former and current employees have spoken out about being ha...

July 19, 2023, 7:54 am

Vmware stock jumps as u.k. provisionally clears broadcom deal. next up the ftc.

With European Union clearance and now a provisional green light from U.K. regulators, the attention now shifts to the U.S. Federal Trade Commission....

July 19, 2023, 7:27 am

Better buy: tyson foods vs. beyond meat

Both Tyson and Beyond Meat are struggling in a tough economic environment. Tyson is dealing with rising...

July 19, 2023, 7:20 am

Carvana shares soar 30% on deal to reduce debt by $1.2 billion

Carvana said the agreement will eliminate more than 83% of Carvana's 2025 and 2027 unsecured note maturities and lower its required cash interest expe...

July 19, 2023, 6:55 am

Carvana's stock rockets after earnings bring big sales beat

Shares of Carvana Co. were surging 31% in premarket trading Wednesday after the used-car retailer easily topped sales expectations for its latest quar...

July 19, 2023, 6:53 am

Carvana enters deal with noteholders to cut debt by $1.2 bln

Used-car retailer Carvana said on Wednesday it entered into an agreement with noteholders to reduce its total debt outstanding by over $1.2 billion....

July 19, 2023, 6:38 am

Where will pinterest stock be in 5 years?

Pinterest's relatively new CEO brings a great deal of relevant consumer-shopping experience to the tabl...

July 19, 2023, 5:32 am

Hargreaves lansdown warns investor confidence remains low

Hargreaves Lansdown, the financial services business, said investor confidence remains low as macro-conditions weigh on sentiment. In the three months...

July 19, 2023, 3:01 am

National grid agrees to further sell down stake in uk gas network to macquarie consortium

National Grid PLC (LSE:NG.) has struck a deal to further sell down its ownership of the UK's gas networ...

July 19, 2023, 2:54 am

Nissan, renault ready to announce new alliance deal in days-sources

Nissan and Renault will make an announcement in the coming days on their restructured alliance and have finalised the...

July 19, 2023, 12:08 am

Crypto sponsorships around the globe: spotting international trends

Cryptocurrencies have attracted the attention of several sectors globally, not simply the financial industry. One area where cryptocurrencies are maki...

July 18, 2023, 11:29 pm

Constellation brands will appoint two directors, share information in deal with elliott

Corona parent Constellation Brands Inc. STZ, -0.09% on Tuesday said will appoint two new independent directors to its board and share more information...

July 18, 2023, 7:47 pm

Ryanair's strength lies in its balance sheet and smart capital allocation

Ryanair, Europe's largest airline, has a strong balance sheet and minimal debt. This positions them to grow sustainably even in a situation where inte...

July 18, 2023, 7:30 pm

Why transocean stock triumphed on tuesday

The offshore drilling specialist will provide one of its three deepwater drillships for a new project in the Gulf of Mexico. It did not identify its c...

July 18, 2023, 6:05 pm

Morgan stanley's gorman: investment banking has bottomed

Morgan Stanley Chair and CEO James Gorman comments on the current investment banking environment and says deal...

July 18, 2023, 4:09 pm


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