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Category: Enterprise


Enterprise, Industries

Expert Ratings for Public Service Enterprise

August 3, 2022

Via: Markets Insider

Public Service Enterprise (NYSE:PEG) has observed the following analyst ratings within the last quarter. These 4 analysts have an average price target of $74.25 versus the current price of Public Service Enterprise at $65.37, implying upside. Below is a summary […]


Capital, Enterprise, Finance Tech, Industries

Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.

July 11, 2022

Via: The Wall Street Journal

Elon Musk’s showdown with Twitter Inc. has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history—a spurned acquisition target that never sought to be bought potentially trying to force the buyer who […]


Enterprise, Industries, Manufacturing

Lego is building a $1 billion factory in Virginia to capitalize on its fast-growing US fanbase

June 16, 2022

Via: Markets Insider

Lego Group plans to build a US factory in Chesterfield County, Virginia, to better supply one of its biggest markets. The $1 billion investment will create almost 1,800 jobs, the Danish company said. Sales for the world’s largest toy maker […]


Capital, Enterprise, Finance Tech, Industries

Twitter jumps more than 5% after Elon Musk puts up another $6.25 billion of his own wealth to fund the takeover deal

May 26, 2022

Via: Markets Insider

Twitter stocks rose more than 5% in premarket trading Thursday after Elon Musk fronted more of his own wealth to fund his $44 billion buyout offer. Musk will put up another $6.25 billion of equity for the deal, lifting the […]


Enterprise, Industries

Pfizer to pay $11.6 billion for Biohaven to tap migraine market

May 10, 2022

Via: Investing.com

Pfizer Inc (NYSE:PFE) said on Tuesday it will pay $11.6 billion to buy Biohaven Pharmaceutical Holding Co (NYSE:BHVN), making a big bet its ability to boost sales of the top-selling pill in a new class of migraine drugs. The boards […]


Enterprise, Industries

Alphabet and Microsoft look like gems in the rubble of the tech sector

April 28, 2022

Via: MoneyWeek

The tech-heavy Nasdaq index, which is frequently used as a benchmark for the tech sector, has crashed into a bear market. The index has fallen 22% from its record high close last November. However, as my colleague Max King points […]


Enterprise, Industries

Meta Earnings Eyed as Tech Stocks Plummet – Will Facebook Get the Netflix Treatment

April 27, 2022

Via: DailyFX

Meta Platforms (FB) stock prices have plummeted from their September 2021 highs, falling more than 50% from those levels, pressured by slowing growth in the business, privacy changes to Apple’s iOS, stronger competition, doubts about the metaverse venture and broad-based […]


Enterprise, Industries

Samsung Electronics Q1 profit tops market expectations on solid chip demand

April 7, 2022

Via: Investing.com

Samsung Electronics Co Ltd reported on Thursday an estimated 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, beating expectations as solid demand underpinned prices for memory chips. Earnings at the world’s largest memory chip […]


Enterprise, Industries

Twitter shares take off as Elon Musk buys stake worth almost $3bn

April 4, 2022

Via: Sky News

A regulatory filing showed the tycoon had snapped up 73,486,938 Twitter shares. The stake is worth $2.89bn (£2.2bn), based on Twitter’s closing price on Friday. Musk is a frequent user of Twitter and has more than 80 million followers, but […]


Enterprise, Industries

Intel plans to pump $100M into Ohio and US higher ed

March 22, 2022

Via: Education Dive

Intel is among the major technology players working with two- and four-year colleges to create in-demand academic programs. Among the others are Amazon and Google. The former has especially made in-roads teaming up with four-year institutions to develop cloud computing […]


Enterprise, Industries

Coke and PepsiCo Earnings Show Big Sales Gains on Big Price Increases

February 10, 2022

Via: The Wall Street Journal

Coca-Cola Co. and PepsiCo Inc. reported higher quarterly sales as the global soda giants pushed through price increases but also felt the squeeze of higher costs for commodities and transportation. Coke’s organic revenue increased 9% in the quarter ended Dec. […]


Enterprise, Industries

Shares of Facebook parent Meta plunge 23 percent on lower profits

February 3, 2022

Via: NBC News

Newly renamed Meta is investing heavily in its futuristic “metaverse” project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast late Wednesday, investors got […]


Enterprise, Industries

Vodafone shares rise on report of stake acquired by activist Cevian

January 31, 2022

Via: Sky News

The London-listed stock was 4% ahead in early trading after Cevian Capital was said to have acquired an undisclosed chunk of the company to encourage it to lead a consolidation drive in Europe. That would be welcomed by analysts and […]


Enterprise, Industries

Apple Takes Smartphone Lead in China, Helping Drive Record Profit

January 28, 2022

Via: The Wall Street Journal

Apple Inc.’s latest record holiday quarter came in part because of excitement for the iPhone 13 in China, where homegrown Huawei Technologies Co. has seen a decline in its market share following U.S. sanctions. Greater China revenue rose 21% to […]


Enterprise, Industries

Oracle confirms $28bn Cerner deal

December 20, 2021

Via: TechRadar

Oracle has confirmed a $28.3bn deal to buy healthcare tech firm Cerner. Following initial reports suggesting an acquisition was imminent, both companies have now confirmed the news, which at $95 a share is Oracle’s biggest ever deal. Cerner, which specializes […]


Enterprise, Industries

Nestlé Sells $10 Billion of L’Oréal Shares Back to Beauty Giant

December 8, 2021

Via: The Wall Street Journal

Nestlé S.A. has agreed to reduce its stake in L’Oréal SA in a $10 billion deal that allows the world’s biggest packaged-foods maker to capitalize on a rally in the French beauty giant’s share price. The maker of Nescafé coffee […]


Enterprise, Industries

Zoom Shares Skid as Sales Growth Slows

November 22, 2021

Via: The Wall Street Journal

Zoom Video Communications Inc. sales growth slowed last quarter as the extra demand for remote work and the company’s videoconferencing application eased, along with a pullback in the Covid-19 pandemic. The San Jose, Calif.-based company said its sales rose 35% […]


Enterprise, Industries

GE to split into three companies; shares jump 15%

November 9, 2021

Via: Investing.com

General Electric (NYSE:GE) Co said on Tuesday it was planning to split into three public companies as it looks to cut debt and streamline its business, sending its shares up 15% in premarket trading. GE said it would combine GE […]


Enterprise, Industries

Volvo Cars IPO oversubscribed ahead of trading debut

October 29, 2021

Via: Investing.com

Geely-owned automaker Volvo Cars said its initial public offering (IPO) was substantially oversubscribed as it geared up for its bourse debut in Stockholm later on Friday. Gothenburg-based Volvo Cars, owned by Geely Holding which will retain the vast majority of […]


Enterprise, Finance Tech, Industries, Trading

Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company

October 25, 2021

Via: Markets Insider

A rumored merger between PayPal and Pinterest is no longer under consideration, and the two stocks are moving in opposite directions following the news. “In response to market rumors regarding a potential acquisition of Pinterest by PayPal, PayPal stated that […]