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Recent Posts

  • Watches of Switzerland warns of margin hit as tariffs pressure Swiss watchmakers
    July 3, 2025
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  • December 23, 2024

Xerox plans to acquire Lexmark International for $1.5 billion

-- Xerox (NASDAQ:XRX), a well-known office equipment manufacturer, will acquire Lexmark International, a printer and printing software maker currently owned by China...

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  • December 23, 2024

Microstrategy, Inc. Sold 1.32M Shares via ATM, Bought 5,262 BTC

(Updated - December 23, 2024 8:51 AM EST) As previously disclosed, on October 30, 2024, Microstrategy, Inc. (NASDAQ:MSTR) entered into a Sales Agreement (the “Sales Agreement”)...

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  • December 23, 2024

Volkswagen shares down amid concerns over cost-cutting agreement

-- Shares of Volkswagen (ETR:VOWG_p) traded over 2% lower on Monday following the announcement of a labor cost reduction agreement with its German Works...

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  • December 23, 2024

Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal

(Reuters) - Office equipment manufacturer Xerox (NASDAQ:XRX) will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its...

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  • December 23, 2024

Elon Musk's X lifts price for premium-plus tier to pay creators

(Reuters) - Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the social media company looks to boost payment for creators on its...

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  • December 23, 2024

Store checks suggest Walmart's holiday positioning remains strong: Jefferies

-- Walmart's holiday preparations appear to be in full swing, with Jefferies analysts highlighting the retailer's strong positioning following a recent visit to a...

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  • December 23, 2024

Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

(Reuters) -Dutch technology investor Prosus (OTC:PROSF) NV said on Monday it would buy Latin America-focused online travel agency Despegar (NYSE:DESP).com Corp for about $1.7...

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  • December 23, 2024

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.84%

– Saudi Arabia stocks were higher after the close on Monday, as gains in the Financial Services, Industrial Investment and Real Estate Development sectors led shares...

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  • December 23, 2024

US House committee targets another investor climate group

By Ross Kerber (Reuters) - The Republican-led U.S. House of Representatives Judiciary Committee is seeking information from some 60 U.S. asset managers about their involvement...

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  • December 23, 2024

Petrofac shares tumble 11% as restructuring sparks shareholder dilution fears

-- Shares of Petrofac (LON:PFC) plunged over 11% on Monday following the announcement of a financial restructuring plan that signals major challenges for the...

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