Following the report about takeover bids from private equity firms, Cloudera stock soared as much as 22% on Tuesday. At the close, Cloudera shares were 18.69% up, at $12.00.
Tiffany CEO stated that the company is certain that a recovery is imminent even though each of its shares lost 53 cents in Q1. TIF stock is 2% up today.
If combined, AstraZeneca and Gilead Sciences would have a market capitalization of about $237 billion, exceeding Merck & Co and Pfizer worth $207 billion and $200 billion respectively.
Coinbase has initiated procurement deals with the Drug Enforcement Administration (DEA) and the Internal Revenue Service (IRS) for a cryptocurrency investigations tool called Coinbase Analytics.
If the talks between Amazon and Bharti Airtel are successful, Amazon will buy a 5 percent stake in this Indian telecommunications company.
The acquisition talks between Western Union and Moneygram are going on. Here’s how Ripple Labs and XRP token can be affected by this deal.
Western Union (WU) stock rose by 11% amidst the talks on the acquisition of MoneyGram. While the acquisition is nor confirmed officially, the news has stirred positive reactions in the market.
The beauty products company Coty agreed to sell a stake in its business to private equity firm KKR. The announcement pushed the Coty stock price higher.
Currently, Western Union and MoneyGram are in talks on the buy offer, but no decision has been made yet. Following the rumors, both Western Union and MoneyGram stocks have soared. WU stock is over 8% up while MGI has managed to gain over 38% in the pre-market.
As Zynga announced its plans to acquire Turkish mobile gaming firm Peak, ZNGA stock is in the green. Now it is around 5% up.
Cisco announced the purchase of ThousandEyes. The terms of the deal are unknown. But it is believed that Cisco has paid around $1 billion.
Renault Chairman Jean-Dominique Senard said that the merger between his firm and Nissan is nor views as an efficient one anymore.
Theta Labs announced that Google Cloud is a new participant in its Enterprise Validator program. Google Cloud will now join other Enterprise validators like Binance, Blockchain Ventures, and Gumi.
Merck (MRK) stock price is up. This comes as the pharmaceutical giant is making some new moves towards winning the COVID-19 vaccine race. Merck announced its decision to buy Austrian vaccine maker Themis Bioscience.
Amazon is in talks to buy self-driving car tech company Zoox. However, it is said that Amazon is not the only potential buyer. Meanwhile, AMZN stock is slightly down.