On Semiconductor Corp. Reports a Record Revenue of $1.95B in Q1 2022
(onsemi) On Semiconductor Corp. earned a record $1.945 billion revenue in the first quarter of 2022, up 31% from the prior year. The company said that it delivered a record…
US Manufacturing PMI Rises to a 7-Month High but Geopolitics and Costs a Concern
(S&PGlobal) The headline for the US Manufacturing PMI was 59.2 in April, an increase from 58.8 in March. The rate of growth was the quickest since September. The improvement in…
Spirit Airlines Endears Deal with Frontier Compared to JetBlue
(Spirit) Spirit Airlines says JetBlue’s offer does not constitute a “superior proposal,” and will instead consider a merger with Frontier Airlines. Spirit Airlines says that its board, together with outside…
Crypto.com Token Falls as Network Cu Card Rewards Significantly
(Crypto.com) Crypto.com token CRO crashed more than 11% on Monday after the company revised its rewards on Visa-enabled cards downwards. Crypto.com said that rewards on lower-tries, including Midnight Blue and…
MGM Resorts Offers $607M for LeoVegas in European Expansion
(MGM Resorts) MGM Resorts has offered to buy all of the outstanding shares of LeoVegas AB for $607 million as it eyes European expansion. At the offer price, the deal…
Eurozone Manufacturing Hit the Worst in More Than a Year in April
(S&P Global) Manufacturing activity in the Eurozone weakened significantly in April, with the PMI plunging to a 15-month low of 55.5 in April, compared to 56.5 in March. The Manufacturing…
Berkshire Hathaway Discloses $41B Stock Purchases in the First Quarter
(Bloomberg) Berkshire Hathaway Inc. snapped up about $41 billion worth of other companies’ shares in the first quarter of the year. The net acquisitions by Berkshire in the first quarter…
Musk Secures $8.5B in Tesla Share Sale Amid Twitter Takeover Deal
(Financial Times) Tesla Chief Executive Elon Musk generated $8.5 billion from the sale of part of his stake in the company, following an agreement to take over social media giant…
US Consumer Sentiment Unexpectedly Jumps 9.8% in April
(University of Michigan) The gauge of US consumer sentiment rose 9.8% from March to hit 65.2 in April, reflecting improved expectations on prices, especially gas costs. Following the April gains,…
Zymeworks Stock Soars 52% on Premium Offer by All Blue Falcons
(Zymeworks) Shares of Zymeworks Inc. rose more than 52% on Friday after receiving a takeover offer of $10.50 per share. The cash offer values the developer of cancer antibody therapies…
Roku Stock Jumps 5% on Higher Q1 2022 Results, Guidance
(Roku) Roku shares rose more than 5% on Friday after reporting revenues of $734 million in the first quarter of 2022, up 28% from the previous year. The streaming service…
Binance Goes After the Accounts of Relatives of Russian Officials
(Bloomberg) World’s largest crypto exchange Binance has blocked accounts of relatives of Russia government officials as calls for sanctions mount. Binance said that the stepdaughter of Foreign Minister Sergei Lavrov,…
- Go to the previous page
- 1
- …
- 300
- 301
- 302
- 303
- 304
- 305
- 306
- …
- 539
- Go to the next page