Latest Mergers and acquisitions News

Financial executive convicted of insider trading in case over acquisition of Trump's media company

May. 09, 2024 14:41 PM EDT

NEW YORK (AP) — A financial executive was convicted Thursday of enabling his boss and others to make over $22 million illegally by trading off his tips ahead of the public announcement that an acquisition firm was taking former President Donald Trump’s media company public. An...

Camtek: Q1 Earnings Snapshot

May. 09, 2024 06:32 AM EDT

MIGDAL HAEMEK, Israel (AP) — MIGDAL HAEMEK, Israel (AP) — Camtek Ltd. (CAMT) on Thursday reported first-quarter profit of $24.8 million. On a per-share basis, the Migdal Haemek, Israel-based company said it had net income of 51 cents. Earnings, adjusted for costs related to...

Exact Sciences: Q1 Earnings Snapshot

May. 08, 2024 17:04 PM EDT

MADISON, Wis. (AP) — MADISON, Wis. (AP) — Exact Sciences Corp. (EXAS) on Wednesday reported a loss of $110.2 million in its first quarter. On a per-share basis, the Madison, Wisconsin-based company said it had a loss of 60 cents. Losses, adjusted for costs related to mergers and...

Celanese: Q1 Earnings Snapshot

May. 08, 2024 16:46 PM EDT

IRVING, Texas (AP) — IRVING, Texas (AP) — Celanese Corporation (CE) on Wednesday reported first-quarter profit of $121 million. On a per-share basis, the Irving, Texas-based company said it had profit of $1.10. Earnings, adjusted for non-recurring costs and costs related to...

Turtle Beach: Q1 Earnings Snapshot

May. 07, 2024 18:06 PM EDT

WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Turtle Beach Corp (HEAR) on Tuesday reported first-quarter earnings of $155,000. The White Plains, New York-based company said it had profit of 1 cent per share. Earnings, adjusted for costs related to mergers and acquisitions,...

Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks

May. 01, 2024 16:57 PM EDT

WASHINGTON (AP) — Former President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company's stock hitting certain price benchmarks, Trump was awarded an additional 36 million shares in the...

Berry Petroleum: Q1 Earnings Snapshot

May. 01, 2024 07:46 AM EDT

DALLAS (AP) — DALLAS (AP) — Berry Petroleum Corp. (BRY) on Wednesday reported a loss of $40.1 million in its first quarter. The Dallas-based company said it had a loss of 53 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions,...

New York Community Bancorp: Q1 Earnings Snapshot

May. 01, 2024 07:37 AM EDT

HICKSVILLE, N.Y. (AP) — HICKSVILLE, N.Y. (AP) — New York Community Bancorp Inc. (NYCB) on Wednesday reported a loss of $327 million in its first quarter. On a per-share basis, the Hicksville, New York-based company said it had a loss of 45 cents. Losses, adjusted for...

Trial begins for financial executive in insider trading case tied to taking Trump media firm public

Apr. 30, 2024 18:16 PM EDT

NEW YORK (AP) — An insider trading trial began Tuesday for a financial executive charged with enabling his boss and others to make millions of dollars illegally on news that an acquisition firm would be taking former President Donald Trump’s media company public. In an opening...

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

Apr. 30, 2024 17:49 PM EDT

DOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company. Vice Chancellor Morgan Zurn said Andrew...