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Wednesday, January 27, 2021

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Intel Corp. reports a 28% decline in third-quarter net income.

Intel Corp. reports a 28% decline in third-quarter net income. The chipmaker reports £13.99 billion of revenue in fiscal Q3. Intel expects expects £3.74 of adjusted...

IBM Corp reports £1.78 billion of net income in the third quarter.

IBM Corp reports £1.78 billion of net income in the third quarter. The technology company posts £13.59 billion of revenue in Q3. The American multinational refrains...

VF Corp blows past Wall Street estimates in the fiscal second quarter.

VF Corp blows past Wall Street estimates in the fiscal second quarter. The company's board declares 37.94 pence per share of dividend. VF Corp forecasts £6.97...

Goldman Sachs to buy Capital One Financial Corp for £1.94 billion

According to the Wall Street Journal, Goldman Sachs Group Inc. (NYSE: GS) will purchase Capital One Financial Corp (NYSE: COF) for roughly £1.94 billion....

Devon Energy Corp to acquire WPX Energy Inc for £1.99 billion.

Devon Energy Corp to acquire WPX Energy Inc for £1.99 billion. The combined firm will have a production capacity of 227 thousand BPD Devon’s CEO Dave...

FedEx Corp blows past Wall Street estimates in the fiscal first quarter.

FedEx Corp blows past Wall Street estimates in the fiscal first quarter. The U.S. firm generates £14.97 billion of revenue & earns £3.78 per share...

Lennar Corp tops analysts’ estimates for earnings and revenue in Q3.

Lennar Corp tops analysts’ estimates for earnings and revenue in Q3. It posted £516.49 million of net earnings and £4.55 billion of revenue. The real estate...

Nvidia Corp to buy UK-based Arm for £31 billion from Japan’s SoftBank.

Nvidia Corp to buy UK-based Arm for £31 billion from Japan's SoftBank. SoftBank executives suggest taking the company private. The Japanese conglomerate will get a 6.7%...

Baring PE acquiring Virtusa Corp (NASDAQ: VRTU)

Baring PE will be acquiring Virtuas’ outstanding common stocks for $51.35 per share in an all-cash transaction The $51.35 per share implies the 16.2x Firm...
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