Новости за 08.08.2022

Emerson Electric Co. said Monday it agreed to sell its InSinkErator garbage disposal business to Whirlpool Corp. for $3 billion. The deal values the business at less than six times its trailing 12-month revenue of $595 million, or 18.1 times earnings before interest, taxes, depreciation and amortization (Ebitda). Whirlpool said the transaction will add about $1.25 in earnings per share to its bottom line in fiscal 2023. Emerson originally acquired InSinkErator, the world's largest manufacturer... Читать дальше...

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Gartman said he likes stocks in motion as the long-time Wall Street veteran says it's still a bear market for equities.

Share of United Parcel Service Inc. gained 0.6% in premarket trading Monday, after the package delivery giant confirmed overnight a deal to buy Italy-based healthcare logistics provider Bomi Group for an undisclosed sum. The Wall Street Journal had reported over the weekend that UPS was nearing a deal to buy Bomi for "several hundred million dollars." UPS said the deal, which is expected to close by the end of the year, will add more than 350 temperature-controlled vehicles and 4 million square feet to the UPS Healtcare business. Читать дальше...

Pfizer Inc. has agreed to buy Global Blood Therapeutics Inc. in a deal valued at $5.4 billion, the companies said Monday, confirming a report by the Wall Street Journal. Pfizer will pay $68.50 a share in cash for Global Blood Therapeutics, which has one of few approved treatments for sickle-cell disease, a painful inherited blood disorder that most affects people of African, Middle Eastern and South Asian descent. The acquisition "complements and further enhances Pfizer's more than 30-year... Читать дальше...

Pfizer strikes $5.4 billion deal for Global Blood Therapeutics

Blue Apron Holdings Inc. reported Monday a wider-than-expected second-quarter loss and revenue rose less than forecast as orders and customers dropped, and cut its full-year outlook, citing "persistent inflationary pressures." The meal kit company said net losses narrowed to $23.1 million, or 68 cents a share, from $18.6 million, or 98 cents a share, in the year-ago period. The FactSet consensus for per-share losses was 64 cents. Revenue edged up 1.8% to $124.2 million, below the FactSet consensus... Читать дальше...

Investors continue to absorb Friday's robust U.S. labor survey and its implications for the pace of Federal Reserve interest rate rises

Pfizer Inc. has reached an agreement to buy Global Blood Therapeutics Inc. [s :gbt] in a deal valued at $5.4 billion, the Wall Street Journal reported, citing people familiar with the matter. The news comes after the Journal reported Friday that the two were in advanced talks. Pfizer will pay $68.50- a share in cash for Global Blood Therapeutics, which has one of few approved treatments for sickle-cell disease. The companies are expected to announce the deal later Monday. Global Blood Therapeutics shares rose 1.8% in premarket trade Monday... Читать дальше...

BioNTech shares slump after earnings miss

The U.S.-listed shares of Germany-based BioNTech SE sank 8.2% in premarket trading Monday, after the biotechnology company and Pfizer Inc. partner in developing a COVID-19 vaccine reported second-quarter profit and revenue that fell below expectations but affirmed its full-year COVID-19 revenue outlook. Net income dropped to EUR1.67 billion ($1.70 bln), or EUR6.45 a share, from EUR2.79 billion, or EUR10.77 a share, in the year-ago period. The FactSet consensus for earnings per share was EUR7.08.... Читать дальше...

President Joe Biden, after testing negative for COVID on Saturday and Sunday, left the White House for the first time since becoming infectious last month, the Associated Press reported. Biden emerged from an isolation that lasted longer than expected because of a rebound case of the virus. "He will safety return to public engagement and presidential travel," White House Physician Dr. Kevin O'Connor wrote. The daily average for new U.S. cases continued its recent decline, but not all data are... Читать дальше...

Since mid-June low, the S&P 500 is up 13% as investors bet pessimism, in the wake of surging inflation and tighter central bank monetary policy, was overdone.

Everyone is looking at these cars, and some of them are tough to find.

The upcoming Ethereum merge will change the Ethereum network from proof-of-work to proof-of-stake, which is far less harmful to the environment.

The 2023 Volkswagen ID.4 now comes with a lower price, and two big changes—including where it will be built.

Millennials have been called the 'job-hopping generation.' There are ways that could be good for their retirement savings, if they're doing it right.

PwC fined over its audit of U.K. telecoms giant BT

The German energy company said it recorded a quarterly net loss of 390 million euros ($397m) in the period ended June 30 from a loss of EUR230m the prior year.

A new report by Equal Rights Advocates reveals how many women of color are struggling with balancing work, child care, and paying back debt.

Baidu Inc. has received approval from two Chinese cities to charge passengers for its ride-hailing service operated without a driver or safety person in the vehicle, the search-engine giant said Monday.

World Resource Institute's Ani Dasgupta owns perhaps the earliest remarks that swell with optimism for a net-zero future, after U.S. climate bill advances.

United Parcel Service Inc. is nearing a deal to acquire Italy’s Bomi Group, according to people familiar with the matter, as the transportation giant looks to bolster its medical-product-distribution business.

Oz Minerals Ltd. has rejected a nonbinding takeover proposal from BHP Group Ltd., saying it significantly undervalues the Australian copper-and-gold mining company.

Nonprofit E2 says passing the Inflation Reduction Act will drive more job growth in solar, wind and electric vehicles, return hiring to pre-COVID levels.