Category: Bloomberg
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MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg
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Follow Nicholas on ? here for daily posts Today, Bloomberg ETF analysts Eric Balchunas and James Seyfart announced that MicroStrategy (MSTR) is expected to enter the Nasdaq 100 Index (QQQ) later this month on December 23. $MSTR It is likely to be added to $QQQ On 12/23 (announcement will be…
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Cigna resumes mega merger talks with rival health insurer Humana, Bloomberg News reports
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(Reuters) – U.S. health insurer Cigna Group has revived merger efforts with smaller rival Humana after it abandoned the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The two companies recently held early, informal discussions about a potential deal, the report said. Shares…
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Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports By Reuters
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(Reuters) – Citigroup lawyers urged U.S. District Judge Paul Oetken to dismiss a lawsuit filed in January by Attorney General Letitia James, which accuses the Citibank unit of failing to compensate customers who fall victim to online scammers, Bloomberg News reported on Tuesday. The report added that the lawyers said…
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Intel rejects Arm’s approach for product division, Bloomberg News reports By Reuters
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(Reuters) – Arm Holdings approached Intel (NASDAQ:) about potentially acquiring the company’s products division but was told the business was not for sale, Bloomberg News reported on Thursday. The British chip company has not expressed interest in Intel’s manufacturing operations, the report added, citing a person familiar with the matter.…
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Caterer Sodexo weighs acquisition of US rival Aramark, Bloomberg News reports By Reuters
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(Reuters) – French food service company Sodexo is considering a possible acquisition of U.S. rival Aramark, Bloomberg News reported on Wednesday. Sodexo has been periodically discussing the deal with food and facilities management company Aramark in recent months, the reports said, citing people familiar with the matter. But there is…
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US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports By Reuters
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(Reuters) – The U.S. Justice Department plans to file a lawsuit against Visa Inc., the world’s largest payments network operator, alleging that the company illegally monopolized the country’s debit card market, Bloomberg News reported on Monday. The antitrust division is set to file a lawsuit against Visa in federal court…
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US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports By Reuters
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(Reuters) – The U.S. Justice Department plans to file a lawsuit against Visa Inc., the world’s largest payments network operator, alleging that the company illegally monopolized the country’s debit card market, Bloomberg News reported on Monday. The antitrust division is set to file a lawsuit against Visa in federal court…
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Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports By Reuters
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(Reuters) – Citigroup Inc.’s plan to expand into China has hit a snag with U.S. regulators after the Federal Reserve sanctioned the bank over its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up an independent securities firm because it has…
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Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports By Reuters
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(Reuters) – Citigroup Inc.’s plan to expand into China has hit a snag with U.S. regulators after the Federal Reserve sanctioned the bank over its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up an independent securities firm because it has…
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Apollo eyes $5 billion investment in Intel, Bloomberg News reports By Reuters
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(Reuters) – U.S. asset manager Apollo Global Management Inc (NYSE:) has offered to invest up to $5 billion in Intel Corp (NASDAQ:), Bloomberg News reported on Sunday. Apollo has indicated in recent days that it is prepared to make a multibillion-dollar equity-like investment in Intel, the report said, citing a…
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Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports By Reuters
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(Reuters) – Southwest Airlines Co warned its employees it will soon make tough decisions as part of a strategy to restore profits and face demands from activist investor Elliott Investment Management Inc, Bloomberg News reported on Saturday. The airline is considering making changes to its flight routes and schedules to…
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Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports By Reuters
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(Reuters) – Southwest Airlines Co warned its employees it will soon make tough decisions as part of a strategy to restore profits and face demands from activist investor Elliott Investment Management Inc, Bloomberg News reported on Saturday. The airline is considering making changes to its flight routes and schedules to…
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DirecTV, Dish in talks again to merge satellite-TV businesses, Bloomberg reports By Reuters
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(Reuters) – AT&T Inc and its joint venture partner TPG are in talks to merge DirecTV with Dish, Bloomberg News reported on Friday, citing people familiar with the matter. Discussions between DirecTV and Dish parent EchoStar Corp. are still in the early stages, people familiar with the matter told Bloomberg…
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Couche-Tard considering raising offer price for Seven & i, Bloomberg News reports By Reuters
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TOKYO (Reuters) – Canada’s Alimentation Couche-Tard Inc. is discussing how much higher it might raise its offer price for Japan’s Seven & I Holdings Inc., Bloomberg News reported on Thursday, citing unnamed people familiar with Couche-Tard’s internal talks. Coach-Tard said earlier this week it was willing to continue takeover talks…
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Couche-Tard considering raising offer price for Seven & i, Bloomberg News reports By Reuters
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TOKYO (Reuters) – Canada’s Alimentation Couche-Tard Inc. is discussing how much higher it might raise its offer price for Japan’s Seven & I Holdings Inc., Bloomberg News reported on Thursday, citing unnamed people familiar with Couche-Tard’s internal talks. Coach-Tard said earlier this week it was willing to continue takeover talks…
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US to propose Basel rule revisions this month, Bloomberg reports By Reuters
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(Reuters) – The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a set of proposed bank capital rules on Sept. 19, Bloomberg News reported on Friday, citing people familiar with the matter. The report added that the amendments could reach 450 pages and would include…
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Polymarket Election Data Into Bloomberg
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Image: thedefiant.io The financial world is full of noise. news Bloomberg, a global leader in financial data and news services, has announced the integration of data from its cryptocurrency prediction market platform Polymarket into its popular Bloomberg Terminal. This strategic move underscores the growing importance of decentralized prediction markets in…
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Edgar Bronfman Jr. to prepare an offer for Paramount Global, Bloomberg News reports By Reuters
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Seagram heir Edgar Bronfman Jr. is close to making a bid for National Amusements Inc. that would rival an acceptable offer from Skydance Media Inc., Bloomberg News reported Thursday, citing people familiar with the plans. The former Warner Music chief had expressed interest in buying National Amusements, Paramount’s controlling shareholder,…
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XPO has restarted sale of European transportation business – Bloomberg
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John Tetzlaff/iStock Editorial via Getty Images XPO Company (New York:XPO) has renewed the sale of its European transportation business nearly two years after cancelling a plan to sell the operations. The logistics company is working with consultants to attract potential interest in the business, according to Bloomberg Report Late Wednesday,…
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U.S. FTC probes Hess, Occidental execs over OPEC communication, Bloomberg reports By Reuters
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(Reuters) – The U.S. Federal Trade Commission is investigating executives from major oil companies, including Hess Company U.S. energy companies Occidental Petroleum Corp. (NYSE:O) and Diamondback Energy Inc. (NASDAQ:D) will be investigated over their contacts with OPEC officials, Bloomberg News reported on Friday, citing people familiar with the matter. The…