All posts tagged "Billion"

  • Business
    Facebook shares rise as social media company unveils $6 billion buyback

    fb Inc. FB, -0.sixty five% shares climbed in Friday’s prolonged session after the social media firm introduced it will repurchase up to $ 6 billion at school A shares beginning in the first quarter of 2017. The timing and the true collection of shares it buys again will be decided by way...

  • Business
    Siemens agrees to buy U.S.-based Mentor in $4.5 billion deal

    Siemens AG SIE, +0.83% mentioned Monday it has agreed to buy U.S.-based totally Mentor pics Corp. MENT, +1.seventy nine% in a merger deal price $ 4.5 billion. The German engineering firm will pay $ 37.25 in cash for each share of Mentor, which makes instrument for automating the design of chips, boards...

  • Startups
    Spanx CEO Sara Blakely on Writing Your Billion Dollar Story

    Reader resource position your self for boom in 2017—sign up for us reside at the Entrepreneur 360™...

  • Business
    Wells Fargo says upper end of range of possible litigation losses was $1.7 billion at end-September

    Wells Fargo & Co. WFC, -0.eighty one% mentioned Thursday the higher finish of the variety of “fairly conceivable doable litigation losses” stood at about $ 1.7 billion as of Sept. 30. In a submitting with the Securities and change fee, the financial institution said it is unable to decide whether or not...

  • Social Media
    Facebook Q3 Results: More Than a Billion Mobile DAUs, Focusing on ‘Video First’

    facebook continues to underline why it’s the major social media platform on the earth. The Social community...

  • Business
    China's ZTO Express raises $1.4 billion in biggest U.S. IPO this year

    China’s ZTO express raised $ 1.4 billion Wednesday within the greatest IPO within the U.S. this 12 months. The package delivery company priced its shares at $ 19.50 a share, larger than its in the past announced range of $ 16.50 to $ 18.50 a share. That values the corporate at greater...

  • Cyber Security
    The Wall Street Journal: AT&T to buy Time Warner in $85.4 billion cash-and-stock deal

    AT&T Inc. has reached an agreement to purchase Time Warner Inc. for $ eighty five.four billion in a deal that might develop into the telephone company right into a media large. The wi-fi provider agreed to pay $ 107.50 a share, evenly cut up between money and stock. the businesses mentioned they...

  • Cyber Security
    Deep Dive: $80 billion mutual fund uncovers opportunities in tech stocks, junk bonds

    The supervisor of one of the most biggest and oldest profits mutual cash in the U.S. has...

  • Business
    U.S. ends fiscal year with $587 billion deficit

    WASHINGTON (MarketWatch) — The U.S. ended fiscal 2016 with a $ 587 billion deficit, a upward push of $ 148 billion. Outlays rose through 5% while receipts rose lower than 1%, the Treasury department said. As a proportion of GDP, the deficit rose to a few.2%, up from 2.5%. greater spending for...

  • Business
    Stanley Black & Decker is buying Newell's tools business for about $2 billion in cash

    Stanley Black & Decker SWK, -3.30% announced Wednesday a deal to buy Newell manufacturers Inc.’s NWL, -1.ninety five% instruments industry for $ 1.ninety five billion in cash. Stanley stated it expects the acquisition, which is expected to shut in first 1/2 of 2017, to add an adjusted 15 cents a share to...

  • Tech
    Crunch Report | Verizon wants $1 billion discount on Yahoo deal

    you are about to set off our fb Messenger information bot. as soon as subscribed, the bot will ship you a digest of trending stories once a day. which you could additionally customise the forms of tales it sends you. click on the button below to subscribe and look forward to a...

  • Business
    Yahoo hack may top 1 billion: report

    The collection of bills stolen in a hack of Yahoo’s information methods may just high 1 billion, greater than double the number acknowledged by using the company, according to a printed file. industry Insider noted an unnamed former Yahoo YHOO, +1.25% govt who said all of Yahoo’s products depend on a single...

  • Mobile
    Shazam is finally profitable after a billion downloads

    Shazam, the cellular and pc app that acts as a digital ear and tune identifier,  crossed the 1 billion download...

  • Business
    Avnet's stock jumps after $2.8 billion deal to sell assets to Tech Data

    Shares of Avnet Inc. AVT, -1.21% surged 2% in mild premarket alternate Monday, after the Tech knowledge Corp. TECD, -zero.19% introduced a deal to buy Avnet’s expertise options business in a cash and inventory deal valued at $ 2.eight billion. beneath phrases of the agreement, Tech knowledge pays $ 2.4 billion in...

  • Cyber Security
    Deep Dive: 3 favorite dividend stocks from a veteran manager of $18 billion fund

    This has turned out to be an ideal year for U.S. shares, with a lot of gains springing from traders’ flight to larger yields on account that interest rates had been so low. however slightly than shopping for shares of companies with the easiest present dividend yields, you could have higher lengthy-term...

  • Business
    Pfizer said to be near $14 billion acquisition of Medivation

    Pfizer Inc. PFE, -zero.60% is closing in on a deal to acquire Medivation Inc. MDVN, -0.04% for roughly $ 14 billion, in line with more than one reports. The deal is also announced as quickly as Monday, in keeping with the monetary occasions, which first pronounced the possible deal. the acquisition of...

  • Cyber Security
    The Wall Street Journal: China’s State Grid eyes $13 billion utility deal in Brazil

    A state-run chinese firm is pursuing a takeover of a Brazilian electric company in what can be China’s greatest funding in the South American united states of america. State Grid Corp. of China, the sector’s biggest electrical energy supplier by means of income, is wooing shareholders of CPFL Energia SA CPL, +0.28%...

  • Business
    Berkshire Hathaway Q2 operating earnings rise to $4.6 billion

    Berkshire Hathaway Inc. BRK.A, +1.48% BRK.B, +1.seventy seven% late Friday mentioned its running earnings rose to $ four.6 billion, or $ 2,803 a share, from $ 3.9 billion, or $ 2,367 a share, a year in the past. The conglomerate led by way of legendary investor Warren Buffett pronounced internet salary of...

  • Cyber Security
    The Wall Street Journal: Uber rival Grab plans $1 billion funding round

    As Uber technologies Inc. turns away from China, a competitor is elevating cash to cement its dominance in Southeast Asia and fend off the tech titan primarily based in San Francisco. Uber’s decision to promote its China industry to Didi Chuxing technology Co. is giving Singapore-primarily based snatch renewed self assurance it...

  • Cyber Security
    The Wall Street Journal: Details of Abe’s $274 billion Japan stimulus package emerge as cabinet gives its OK

    TOKYO — jap top Minister Shinzo Abe’s cabinet approved a 28 trillion yen ($ 274 billion) stimulus package deal Tuesday, the latest effort by Abe to jolt the nation’s gradual financial system back to lifestyles. Abe has loosened fiscal coverage amid a growing consensus amongst economists and coverage makers that financial coverage...

  • Cyber Security
    This is why Americans throw out $165 billion in food every year

    Getty photography Some a hundred and sixty billion pounds of discarded food leads to landfills. american citizens...

  • Cyber Security
    The Wall Street Journal: FTC give go-ahead for Mylan’s $7.2 billion purchase of Meda

    Mylan NV has got U.S. Federal trade commission popularity of its roughly $ 7.2 billion buy of Swedish rival Meda, conditioned on Mylan divesting rights to 2 prevalent medication. The FTC mentioned the deal will have threatened combination for carisoprodol drugs, which deal with muscle spasms and stiffness. below an FTC order,...

  • Business
    Verizon buys Yahoo for 83 billion

    After a months-long bidding process and many layoffs, Yahoo has at last found a purchaser. Verizon (which owns...

  • Business
    Boeing shares lower after company forecasts $2.05 billion Q2 expenses

    Shares of Boeing Co. BA, -0.88% fell greater than 1% in late buying and selling Thursday after the aircraft maker warned 2nd-quarter expenses will attain $ 2.05 billion, stemming from setbacks and difficulties in three separate packages and together with problems related to weaker air-cargo market tendencies. In its 787 software, Boeing...

  • Business
    back-to-faculty spending expected to reach $75.8 billion

    back-to-college spending, together with purchasing for each grade school and faculty college students, is anticipated to reach $ seventy five.eight billion this 12 months, up from $ sixty eight billion last year, consistent with the national Retail Federation. households with youngsters in kindergarten through grade 12 are expected to spend a regular...