(Reuters) - Clariant completed the $810 million acquisition of Canada's ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances, the Swiss specialty chemicals firm said on Wednesday.
($1 = 0.9079 Swiss francs)
(Reporting by Andrey Sychev)
BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
Becoming a millionaire is the dream, one that can become a reality even for those who were not born into affluent families. According to The Ascent, roughly 8.8% of the American population is a...
“I think, a year from now, we [will] have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
The amount Hindenburg Research made from it's short-seller report on Adani Group pales in comparison to the market value it erased.
The farm-equipment manufacturer will lay off about 600 employees across three US factories as it shifts production to a newly planned facility in Ramos, Mexico.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
The S&P 500's current multiple stands at 28.9. Except during the Great Financial Crisis when profits collapsed, that's the highest PE for any quarter since the tech bubble of the late 1990s and early 2000s.
Barron’s found seven candidates—that aren’t the six tech giants—that have improving Wall Street sentiment, increasing earnings estimates, and haven’t substantially outperformed the market. The performance of the big six stocks has pushed up the return of the overall index.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. rose to a record intraday high in Taipei after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker before its earnings. Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by RallyBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesFrench Left Set for Shock Victory Over Macron and Le PenTSMC’s shares jumped as m
This week’s economic highlights include the June consumer price index, the first batch of second-quarter earnings, and Fed Chair Jerome Powell’s semiannual report to Congress.
We are in the early innings of a bull market despite several years of big gains, says one veteran market strategist.
According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.
A special committee of Paramount Global’s directors has approved a plan to merge with David Ellison’s Skydance Media after months of scattershot negotiations, clearing the way for a deal that will undoubtedly transform the entertainment industry, a person with knowledge of the matter told Bloomberg News.The insider said that the deal is expected to be inked on Sunday, with an official announcement coming as soon as Monday. It would see Skydance acquire National Amusements, the holding company th
(Bloomberg) -- Oil edged lower after touching a two-month high last week, with a recent rally cooling even as traders tracked twin threats to crude production posed by a hurricane in the US and wildfires in Canada.Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by RallyBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesFrench Left Set for Shock Victory Over Macron and Le PenBrent dipped
Key Insights The projected fair value for Bioventix is UK£40.21 based on 2 Stage Free Cash Flow to Equity Current share...
With a cooling labor market narrative emerging, investor focus will shift back to inflation for signs that a September interest rate cut remains likely for the Federal Reserve.
(Bloomberg) -- Chinese electric vehicle maker BYD Co. will acquire a 20% stake in its Thai official distributor Rever Automotive Co. after opening its first manufacturing plant in the Southeast Asian market. Most Read from BloombergBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by RallyBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesFrench Left Set for Shock Victory Over Macron and Le PenThe move is part of
EV hype on Wall Street is changing shape as companies use software to set themselves apart.
When Morgan Stanley strategist Jonathan Garner downgraded China stocks in January 2021, he said it was the time for the market to catch a breather after emerging from Covid-19 and wait for other emerging markets to catch up. That call turned out to be close to the top of a mega market cycle. The world's second-largest equity market peaked, then crashed in the following month and has been mired in a painful slump for three straight years since then. Total market capitalisation of China's onshore
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