Latest Mergers and acquisitions News

A work-from-home tip: Don't buy stocks after eavesdropping on your spouse's business calls

Feb. 23, 2024 18:01 PM EST

HOUSTON (AP) — A word to the wise: If you overhear your work-from-home spouse talking business, just forget anything you may learn from it. And most definitely do not trade stocks using what authorities will almost certainly view as inside information. Tyler Loudon, a 42-year-old...

Camtek: Q4 Earnings Snapshot

Feb. 20, 2024 07:05 AM EST

MIGDAL HAEMEK, Israel (AP) — MIGDAL HAEMEK, Israel (AP) — Camtek Ltd. (CAMT) on Tuesday reported fourth-quarter earnings of $20.8 million. On a per-share basis, the Migdal Haemek, Israel-based company said it had profit of 42 cents. Earnings, adjusted for costs related to mergers...

CF: Q4 Earnings Snapshot

Feb. 14, 2024 17:01 PM EST

DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — CF Industries Holdings Inc. (CF) on Wednesday reported fourth-quarter net income of $274 million. The Deerfield, Illinois-based company said it had profit of $1.44 per share. Earnings, adjusted for costs related to mergers and...

BASF sells stakes in two China ventures after reports of human rights abuses

Feb. 09, 2024 11:56 AM EST

FRANKFURT, Germany (AP) — German chemical company BASF said Friday that it was speeding up the sale of stakes in two joint ventures in China after its local partner was accused in media reports of human rights abuses. BASF said in a news release that the market for the industrial...

Capri Holdings: Fiscal Q3 Earnings Snapshot

Feb. 08, 2024 17:24 PM EST

LONDON (AP) — LONDON (AP) — Capri Holdings Limited (CPRI) on Thursday reported fiscal third-quarter earnings of $105 million. The London-based company said it had net income of 88 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and...

Tapestry: Fiscal Q2 Earnings Snapshot

Feb. 08, 2024 07:05 AM EST

NEW YORK (AP) — NEW YORK (AP) — Tapestry Inc. (TPR) on Thursday reported fiscal second-quarter net income of $322.3 million. On a per-share basis, the New York-based company said it had profit of $1.39. Earnings, adjusted for costs related to mergers and acquisitions, were $1.63...

Hershey: Q4 Earnings Snapshot

Feb. 08, 2024 07:03 AM EST

HERSHEY, Pa. (AP) — HERSHEY, Pa. (AP) — Hershey Co. (HSY) on Thursday reported fourth-quarter profit of $349 million. The Hershey, Pennsylvania-based company said it had profit of $1.70 per share. Earnings, adjusted for non-recurring costs and costs related to mergers and...

ESPN, Fox, Warner Bros. Discovery are planning a sports streaming platform in the fall

Feb. 06, 2024 20:23 PM EST

ESPN, Fox and Warner Bros. Discovery announced plans on Tuesday to launch a sports streaming platform in the fall that will include offerings from at least 15 networks and all four major professional sports leagues. A one-stop app to view most sports should be a welcome sight for...

Omnicom: Q4 Earnings Snapshot

Feb. 06, 2024 16:26 PM EST

NEW YORK (AP) — NEW YORK (AP) — Omnicom Group Inc. (OMC) on Tuesday reported fourth-quarter earnings of $425.7 million. The New York-based company said it had net income of $2.13 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $2.20 per share. ...

Chinese shares jump as Beijing steps up moves to boost sagging markets

Feb. 06, 2024 05:15 AM EST

BANGKOK (AP) — A Chinese state investment fund promised to expand its purchases of stock index funds, among other moves signaling Beijing’s resolve to stabilize markets that have been sagging under heavy selling pressure from a property crisis and slowing economy. Shares in...