China’s foreign ministry said on Tuesday that it would take firm measures in response to any possible measures by the United States which would escalate the ongoing trade war between the two countries. The Chinese statement followed threats from the… Read More ›
Day: June 11, 2019
600% Rise In Shares Of Beyond Meat Since IPO
The share price of the vegan meat making startup Beyond Meat continued to grow and break new grounds at the stock market after the company reported better than quarterly earnings for its first quarter ever as a public company last… Read More ›
Salesforce To Acquire Big Data Firm Tableau For $15.3 Billion
The United States based corporate software firm Salesforce.com Inc will be acquiring the Tableau Software Inc, which is a firm that deals with big data collection and analysis, for a deal worth $15.3 billion. This is the largest acquisition for… Read More ›
Roche announces changes to its board and executive leadership
The Swiss drugmaker’s board is seeing some reshuffles, including on at its diagnostics business, which had been held by Michael Heuer on an interim basis. On Tuesday, Swiss drugmaker Roche announced changes to its board and executive leadership. Longtime director… Read More ›
Brazil’s Petroleo Brasileiro SA receives $68.20M as part of Braskem’s plea agreement: securities filing
The total amount recovered by Brazil’s state-controlled oil company so far amounts to nearly 828 million reais, shows the securities filing. According to a securities filing late on Monday, Brazil’s state-controlled oil company Petroleo Brasileiro SA disclosed, it has received… Read More ›
Lockheed Martin Corp wins $542 million U.S. defense contract
The contract is for the modification to the presidential helicopter replacement program. As per a statement from the Pentagon, Lockheed Martin Corp’s Sikorsky Aircraft Corp has been awarded a $542 million U.S. defense contract, which entails a modification to the… Read More ›
Private equity firm Apollo Global Management LLC acquires Shutterfly for $2.7 billion
Shutterfly’s business has become increasingly commoditized and competitive, forcing it to explore a sale. Apollo Global Management LLC, a private equity firm, has agreed to acquire U.S. digital imaging company Shutterfly Inc for $2.7 billion, including the company’s $900 million… Read More ›