agreement

Wells Fargo to Pay $3.7 Billion Settlement with CFPB

Wells Fargo (NYSE: WFC) has agreed to a USD3.7 Billion settlement with the Consumer Financial Protection Bureau in reference to customer exploitation linked to bank accountants, mortgages, and auto loans, according to regulators. The bank’s shares rose less than 1% in early morning trading amid the news. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”WFC” api=”yf”] [stock_market_widget type=”chart” …

Wells Fargo to Pay $3.7 Billion Settlement with CFPB Read More »

Maxar to be Acquired by Advent International for $6.4 Billion

Maxar (NYSE: MAXR), a space imagery and infrastructure company, announced it will be acquired by private equity firm Advent International for USD6.4 Billion in an all-cash deal. Amid the agreement, Maxar will go private. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”MAXR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”MAXR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] “This …

Maxar to be Acquired by Advent International for $6.4 Billion Read More »

Carvana Shares Sink Amid Bankruptcy Concerns

Carvana (NYSE: CVNA) shares fell over 40% during trading Wednesday after the car retailer’s biggest creditors, Apollo Global Management and PIMCO, finalized a deal tying them together to execute negotiations with the company. The move comes after potential restructuring efforts as it faces bankruptcy risk. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”CVNA” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” …

Carvana Shares Sink Amid Bankruptcy Concerns Read More »

Ouster and Velodyne set to Merge

Ouster (NYSE: OUST) and Velodyne (NASDAQ: VLDR) have decided to merge, combining almost USD400 Million in market value. According to the companies, the move will allow them to boost their competitiveness in a market that has experienced a drop in valuations as investors become more disillusioned with autonomous vehicle technology. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”OUST” …

Ouster and Velodyne set to Merge Read More »

United Airlines Pilots Reject Tentative Contract Agreement

United Airlines (NASDAQ: UAL) pilots have opted to reject a new labor agreement with the carrier, after stating that it does not meet the “industry-leading contract United pilots have earned and deserve after leading the airline through the pandemic and back to profitability.” [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”UAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”UAL” range=”1mo” …

United Airlines Pilots Reject Tentative Contract Agreement Read More »

Amazon and Hawaiian Airlines Announce Freighter Agreement

Amazon (NASDAQ: AMZN) has partnered up with Hawaiian Airlines’ (HA) to fly the first Airbus cargo planes in the retailer’s air network. The aircraft are in place to replace older models as the carrier becomes the biggest passenger airline to work with the company. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”AMZN” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”AMZN” …

Amazon and Hawaiian Airlines Announce Freighter Agreement Read More »

Kanye West to Buy Conservative Social Media Platform Parler

Kanye West has agreed to acquire conservative social media platform Parler, according to the app’s parent company. Financial details regarding the deal have yet to be disclosed, though the company had previously said it had raised USD56 Million in funding from outside investors. “In a world where conservative opinions are considered to be controversial we …

Kanye West to Buy Conservative Social Media Platform Parler Read More »

Kroger to Acquire Rival Albertsons for $24.6 Billion

Rivals, Kroger (NYSE: KR) and Albertsons (NYSE: ACI) announced they would be teaming up. Kroger is set to acquire Albertsons for USD34.10 a share in a deal worth USD24.6 Billion. Albertsons shares closed at USD28.63 on Thursday. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”KR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”KR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; …

Kroger to Acquire Rival Albertsons for $24.6 Billion Read More »

Delta to Invest $60 Million in Joby eVOTL Transportation

Delta Air Lines (NYSE: DAL) announced that it will be investing USD60 Million in startup Joby Aviation. Joby is preparing to build and operate an electric vertical takeoff and landing aircraft, or eVOTL, better known as an air taxi. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DAL” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”DAL” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” …

Delta to Invest $60 Million in Joby eVOTL Transportation Read More »

Twitter Shares Skyrocket 22% Following Elon Musk’s Proposal to Revive Deal

Elon Musk has once again proposed to acquire Twitter (NYSE: TWTR) for USD54.20 a share, according to a regulatory filing on Tuesday. Twitter shares shot up 22% following the unexpected news. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”TWTR” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”TWTR” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] In a letter, Musk …

Twitter Shares Skyrocket 22% Following Elon Musk’s Proposal to Revive Deal Read More »