Nov 23 (Reuters) – Online travel agency Booking Holdings Inc on Tuesday said it would acquire global flight booking provider Etraveli Group for about 1.63 billion euros ($1.83 billion). ($1 = 0.8889 euros) (Reporting by Manojna Maddipatla in Bengaluru; Editing by Anil D'Silva)
Allakos has deep pockets, but its market cap now is roughly equal to its $500 million or so in cash, and it has a new 10-year, $69-per-square-foot lease on its books in San Carlos.
What happened Chinese electric vehicle (EV) maker Nio (NYSE: NIO) held its annual Nio Day event last weekend where it unveiled its latest new electric sedan. Though customers appear to be eager to purchase one, Nio stock's continued decline has resulted in a 22% drop in the stock's value over the past month.
What happened  Shares of Moderna (NASDAQ: MRNA) fell 6.3% on Wednesday after the U.S. Food and Drug Administration (FDA) issued an Emergency Use Authorization for Pfizer's (NYSE: PFE) oral COVID-19 treatment, Paxlovid.
The last two days have been busy for Naked Brand Group. Today's decline is really just a technical issue. But there's a bigger story here.
The billionaire founder of the world's largest hedge fund says "cash is trash."
Every year around this time, two powerful forces conspire to artificially suppress stock prices — and create bargains: Lust and vanity. As for the first force — the lust for profits — this is when individual investors dump losers to create tax losses to offset gains. The second force — vanity — has fund managers putting “window dressing” on their portfolios to get out of losers so they don’t have to show them in annual reports, points out Bruce Kaser, editor of the Cabot Turnaround Letter.
Stock buybacks continue at a record pace, powered by these 20 very large companies.
With less than two weeks remaining in 2021, the major Wall Street firms and analysts have pulled out their crystal balls to peer through the curtains at what awaits for 2022. It’s an annual habit, and one that investors pay close attention to; while the forecasts are not always perfect, they do give a fair perspective of marketing terrain. According to investment banking firm Raymond James, there are going to be plenty of opportunities in the year ahead. The firm's stock analysts have been busy
(Bloomberg) — Elon Musk sold a further $928.6 million of Tesla Inc. shares, moving closer to his target of reducing his stake in the electric-auto maker by 10%. Most Read from BloombergOmicron May Double Risk of Getting Infected on Planes, IATA SaysOmicron Has 80% Lower Risk of Hospitalization in South AfricaOmicron Hospitalization Risk Is Far Below Delta’s in Two StudiesJersey Shore Town Beats Florida Locales as Zillow Retirement HotspotFDA Expected to Authorize Pfizer and Merck Covid Pills Th
Electric vehicle start-up Rivian Automotive's (NASDAQ: RIVN) November debut on Wall Street was one of the most hyped initial public offerings in recent memory. Its market cap is already more than $80 billion, and shareholders are hoping it becomes the next Tesla (NASDAQ: TSLA). With high demand for its upcoming vehicles and a large deal to supply vans to Amazon, Rivian could be a long-term winner.
In this article, we discuss the 10 financial stocks to buy according to Jim Cramer. If you want to skip our detailed analysis of these stocks, go directly to the 5 Financial Stocks to Buy According to Jim Cramer. Jim Cramer, the former hedge fund manager and present-day finance journalist, recently revealed that he had […]
Dr. Owais Durrani, an emergency medicine physician, joins Yahoo Finance to discuss what Pfizer’s COVID-19 pill and Biden’s winter plan to address rising Omicron cases means in the fight against the coronavirus.
Shares of cruise line operator Carnival (NYSE: CCL) jumped again in early Wednesday trading after positive news emerged on the risks posed by COVID-19's omicron variant. As of 10:50 a.m. ET today, Carnival stock was up 2.2%. CNBC reported this morning that there are "glimmers of hope" surrounding omicron.
Acadia Pharmaceuticals (NASDAQ: ACAD), a mid-cap biotech company that focuses on neuroscience therapies, saw its shares rise 10.6% on Wednesday. It plans to resubmit its supplemental New Drug Application (sNDA) for Nuplazid (pimavanserin), as a treatment for hallucinations and delusions associated with dementia. The company said it planned the resubmission, based on clinical data, for the first quarter of next year.
Alexandra Ford English bought $750,000 of Ford Motor stock on Monday. She joined the company’s board of directors earlier this year.
Decreasing concerns about the omicron variant are leading to declining prices for these vaccine stocks.
Investors piled a record $900 billion into ETFs this year — nearly double what they invested in all of 2020. What are they so eager to buy?
Just because the market is falling doesn't mean the best place for your money is under the mattress.
Viatris' (NASDAQ: VTRS) valuation is so low that I had to double-check the numbers. If Viatris chose to use its profits on stock buybacks, it could scoop up every outstanding share by mid-2025. Viatris' main priorities for using its capital are to pay down debt and to fund its dividend program.
U.S. chip maker Intel is facing a backlash from China after telling its suppliers not to source products or labour from the northwestern region of Xinjiang. Intel said it had been "required to ensure that its supply chain does not use any labour or source goods or services from the Xinjiang region" following restrictions imposed by "multiple governments". The United States has accused China of widespread human rights abuses in the predominantly Muslim region of Xinjiang, including forced labour.

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