Latest Mergers and acquisitions News
Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades
NEW YORK (AP) — The stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It's a...
The show goes on for Paramount with ‘Gladiator II,’ a new Damien Chazelle movie and more
LAS VEGAS (AP) — With reports and rumors swirling about possible mergers and bids to acquire Paramount, the film studio put its best foot forward for theater owners at CinemaCon on Thursday. The historic studio announced a new film with Oscar-winning “La La Land” director...
Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall, Monday, 4/8/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semiconductor Manufacturing Co., up $1.43 to $142.79. The White House pledged to provide up to $6.6 billion for the chipmaker to expand facilities in Arizona. ...
Hardwood flooring manufacturer taking over 2 West Virginia sawmills that shut down
CHARLESTON, W.Va. (AP) — A hardwood flooring manufacturer has agreed to acquire two sawmills from a West Virginia lumber company that shut down. Mountville, Pennsylvania-based AHF Products said it will purchase Allegheny Wood Products sawmills in the Greenbrier County community of...
Two Florida men plead guilty to insider trading charges related to taking Trump media firm public
NEW YORK (AP) — Two Florida brothers pleaded guilty Wednesday to insider trading charges, admitting making over $22 million illegally before the public announcement in 2021 that an acquisition firm was taking former President Donald Trump’s media company public. Michael and...
Trump's social media company to start trading on the Nasdaq on Tuesday
NEW YORK (AP) — Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge...
Chick-Fil-A backtracks from its no-antibiotics-in-chicken pledge, blames projected supply shortages
ATLANTA (AP) — The fast-food chain Chick-Fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production. Instead, the company said in a statement that it...
Trump's social media company approved to go public, potentially netting former president billions
NEW YORK (AP) — Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a...
Stock market today: Wall Street closes its best week of the year with a quiet finish
NEW YORK (AP) — U.S. stocks closed their best of the year so far with a quiet finish on Friday, remaining near their records. The S&P 500 slipped 7.35 points, or 0.1%, from its all-time high to close at 5,234.18. The Dow Jones Industrial Average fell 305.47, or 0.8%, to...
How major US stock indexes fared Friday, 3/22/2024
Wall Street closed its best week of the year so far with a quiet finish. The S&P 500 slipped 0.1% Friday after setting all-time highs in each of the last three days. The Dow Jones Industrial Average slumped 305 points, or 0.8%. The Nasdaq composite rose 0.2% to...
