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Smucker to buy twinkies maker hostess for $5.6b

J.M. Smucker will buy Hostess Brands in a deal valued at $5.6 billion. Smucker said the acquisition is expected to close in the third quarter of its c...

September 11, 2023, 10:20 am

Kroger and albertsons plan to sell over 400 stores in connection with $24.6b merger

Kroger and Albertsons will sell 413 stores to C&S Wholesale Grocers in connection with a proposed $24.6 billion merger announced last October.,...

September 10, 2023, 2:45 am

3m agrees to pay $6b in us military earplug lawsuit settlement

About 240,000 people are expected to be eligible for the settlement, Chris Seeger, a lead lawyer for the plaintiffs, said....

August 29, 2023, 12:50 pm

3m to pay up to $6b between 2023 and 2029 to settle combat arms earplug suit

3M Co. stock MMM, +5.22% was up 0.8% in pre-market trades Tuesday after it agreed to pay up to $1 billion in stock and $5 billion in cash from 2023 un...

August 29, 2023, 6:51 am

Short sellers have lost $11.36b betting against nvidia this year

Short sellers betting against Nvidia have collectively lost $826 million in mark-to-market losses on Thursday after the tech giant's shares surged on ...

August 24, 2023, 10:48 pm

Amazing nvidia

Nvidia announced STUNNING results when it released its Q2 earnings yesterday after the bell. The company reported $13.5bn sales last quarter, well abo...

August 24, 2023, 6:03 am

Nvidia eps /revenues beat estimates. eps $2.70 vs $2.09 est. rev $13.507b vs 11.224b est.

EPS $2.70 versus estimate of $2.09 Revenue $13.51B versus estimated $11.224BRevenue of $16b estimate fo...

August 23, 2023, 8:22 pm

Forexlive americas fx news wrap: soft pmi reverses us dollar rally

US August S&P Global services flash PMI 51.0 vs 52.2 expectedJune Canada retail sales +0.1% vs +0.0% expectedUS July new home sales 714K vs 705K expec...

August 23, 2023, 8:16 pm

Us treasury auctions of $16b of 20 year bonds at a high yield of 4.499%

The US treasury auctioned off $16b of 20 year bonds at a high yield of 4.499%. The WI level at the time...

August 23, 2023, 5:03 pm

Bae systems' stellar ambitions: a dive into the space domain

BAE Systems PLC (LSE:BA.), the British defence giant, has set its sights on the stars with its proposed acquisition of Ball Aerospace for $5....

August 22, 2023, 4:54 am

Dupont sells big stake in delrin resins business for $1.6b

DuPont (NYSE:DD) de Nemours Inc announced on Monday that it has agreed to sell 80.1% of its Delrin resins unit to private equity firm TJC, formerly k...

August 21, 2023, 11:37 am

New zealand july exports dropped on the month while imports rose

New Zealand data for July of 2023.Exports 5.45bn NZDImports 6.56bn NZDNew Zealand dollar not a lot chan...

August 20, 2023, 10:49 pm

Eurozone exports rose 0.3% yoy in jun, imports down -17.7% yoy

Eurozone exports of goods rose 0.3% yoy to EUR 252.3B in June. Imports fell -17.7% yoy to EUR 229.3B. Trade balanced recorded a EUR 23B surplus. Intra...

August 17, 2023, 9:07 am

On steps up outlook as sales soar

Swiss sportswear brand On has increased its outlook for net sales to reach at least 1.76bn Swiss Francs...

August 17, 2023, 7:29 am

Equities market opens week negative, loses n156bn

Activities in the Nigerian equities market kicked off the week yesterday on a bearish note as sell pressures in Okomu Oil Plc and 22 others led the ov...

August 15, 2023, 1:45 pm

Wall street lunch: consumers come up big

U.S. consumer sales in July tops expectations; Retail sales sends 10-year yield to highest level since 2007. Michael Burry places a $1....

August 15, 2023, 12:35 pm

Boeing (ba) wins contract to support e6b aircraft program

Boeing (BA) is set to repair the E6b jet, which is a dual-mission aircraft....

August 15, 2023, 10:55 am

China's biggest property developer expects to post $7.6b loss for h1 2023

Country Garden Holdings expects to report a $7.6 billion loss for the first half of the year in the heaviest blow since the company's public debut six...

August 11, 2023, 10:20 pm

A look at the economic calendar for august 11

NZD (New Zealand Dollar)6:30pm: BusinessNZ Manufacturing Index - 47.56:45pm: FPI m/m - 1.6%GBP (British Pound Sterling)2AM: GDP m/m - 0.2% (Previous: ...

August 10, 2023, 8:19 pm

China’s exports down -14.5% yoy in jul, shipments to asean down -21.4% yoy

July saw a sharper-than-expected contraction in China’s exports, with decline of -14.5% yoy to USD 281.76b...

August 8, 2023, 5:34 am


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