Latest Mergers and acquisitions News
Sherwin-Williams: Q1 Earnings Snapshot
CLEVELAND (AP) — CLEVELAND (AP) — Sherwin-Williams Co. (SHW) on Tuesday reported first-quarter profit of $505.2 million. The Cleveland-based company said it had profit of $1.97 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $2.17 per share. ...
Capital Bancorp: Q1 Earnings Snapshot
ROCKVILLE, Md. (AP) — ROCKVILLE, Md. (AP) — Capital Bancorp, Inc. (CBNK) on Monday reported first-quarter net income of $6.6 million. The Rockville, Maryland-based bank said it had earnings of 47 cents per share. Earnings, adjusted for costs related to mergers and acquisitions,...
Schlumberger: Q1 Earnings Snapshot
THE HAGUE, Netherlands (AP) — THE HAGUE, Netherlands (AP) — Schlumberger NV (SLB) on Friday reported first-quarter profit of $1.07 billion. On a per-share basis, the The Hague, Netherlands-based company said it had net income of 74 cents. Earnings, adjusted for costs related to...
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...
