Canadian Pacific Hikes Offer for Kansas City Southern
Canadian Pacific Railway Ltd. has hiked its offer for the Kansas City Southern by about $2 billion, Reuters reported. Canadian Pacific Railway’s updated offer stands at $27 billion, up from...
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Robinhood Acquires Say Technologies for $140M to Improve Shareholder Relations
Robinhood Markets Inc. agreed to acquire Say Technologies, a tool for shareholder voting and communication, according to a report by Bloomberg on Tuesday. The close to $140 million all-cash agreement...
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GreenLight Biosciences Takes Up $1.5 Billion SPAC Deal to Go Public
Integrated life sciences firm GreenLight Biosciences will merge with special-purpose acquisition company Environmental Impact Acquisition Corp. to go public in a $1.5 billion deal, the WSJ reported. Under the deal,...
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Tencent-backed Gamemaker Krafton’s IPO Is a Miss with Investors, 8.8% Down on its Debut
Krafton Inc., creator of hit video games PUBG: Battlegrounds dropped in its Tuesday debt after pulling off a $3.8 billion initial public offering, South Korea’s biggest in 10 years, according...
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Tether Tokens Fully Backed by Reserves, Audit Reveals
Tether Holdings Limited’s tokens are fully backed by its reserves, Forkast revealed in a report. Accounting firm Moore Cayman deemed Tether’s Consolidated Reserves Report for the latest quarter as “fairly...
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Moderna’s Second Anti-Covid Vaccine for Swiss Teenagers Approved
Swissmedic approves Moderna COVID-19 vaccine for 12- to 17-year-olds, according to a report by Reuters on Monday. Swissmedic reviewed the application from Moderna Switzerland GmbH for the extension of temporary...
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Meme-Stock Firm AMC Reports Mixed Results, Revenues Up to $444.7 million
AMC Entertainment Holdings reported a loss of $343.6 million in the second quarter results, according to a news release by AMC on Monday. The movie theater operator posted $1.25 billion...
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Tyson Foods Net Income $753 Million Up
Multinational food producer Tyson Foods Inc. saw its net income increase by 43% in the third quarter of the fiscal year 2021, the company reported in a statement. Net income...
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Barrick Gold Q2 Earnings Beats Market Estimates as Production Level Dips
Barrick Gold posted quarterly earnings of $0.29 per share, beating market estimates of $2.6 per share, according to a press release by Barrick on Monday. Barrick reported revenues of $2.89...
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BioNTech Posts €2,787.2 million Net Income in Q2 Results
BioNTech, a next-gen immunotherapy company, announced positive growth in revenues and net profit in the second quarter of 2021, according to a new release by BioNtech on Monday. The revenues...
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Chicken Producer Sanderson Farms Close to Agreeing on a $4.5 Billion Sale
Sanderson Farm is close to its acquisition deal of $4.5 billion, as the poultry giant deals with rising demand for chicken, according to a report by The Wall Street Journal...
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Berkshire Hathaway’s Earnings Rise to $28.1 Billion in Q2 on Economic Recoveries
Berkshire Hathaway Inc. announced $28.1 billion net earnings in the second quarter of 202, up from $26.3 billion in the same period last year. The conglomerate’s net earnings for the...
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