Howmet Aerospace Inc. ( NYSE:HWM ) saw a double-digit share price rise of over 10% in the past couple of months on the...
Microsoft (NASDAQ:MSFT) is likely to receive approval from the European Commission for its $69 billion acquisition of Activision Blizzard (NASDAQ:ATVI) by offering licensing agreements to competitors, according to a Reuters report on Thursday. The European Commission, which is scheduled to decide on the deal by April 25, will not require Microsoft to divest any assets to obtain approval, according to the sources familiar with the matter.
Shares of Arconic (NYSE: ARNC) skyrocketed this week and were trading 26.4% higher as of 11:30 a.m. Friday, according to data provided by S&P Global Market Intelligence. Arconic produces aluminum products for various industries, including aerospace, automotive, defense, construction, and commercial transportation. Rumor is that a private equity firm is looking to acquire the company now.