While the Musk-Twitter fight has the market transfixed, a bigger issue for the M&A industry is the generally challenging backdrop for deals. With volatility continuing and interest rates rising, a slowdown is expected in the third quarter with the possibility of more transactions being pulled, a Bloomberg News survey of 16 M&A trading desks, fund managers and analysts, found. They named Seagen Inc. as the most likely takeover candidate in the next three months.
(Bloomberg) -- Already shaky market sentiment took a gut punch on Thursday, after used-car dealer CarMax Inc.’s latest quarterly results laid bare the plight of US consumers stuck...
Read more
The government on Thursday raised rates on some small savings schemes that do not get an income tax benefit as it began passing the hardening of interest rates...
Read more
Frazer Harrison/Getty Images Entertainment Lions Gate Entertainment has tumbled harder Thursday - (NYSE:LGF.A) -12%, (NYSE:LGF.B) -11.6% - after it updated its plans to separate its Starz TV network...
Read more
By Andy Bruce and Vincent Flasseur LONDON (Reuters) - This week's plunge in UK financial assets accelerated a longer historic decline signalling a loss of confidence among international...
Read more
Large volumes of the potent greenhouse gas methane are estimated to be leaking into the atmosphere from damaged European pipelines stretching from Russia to Germany that several EU...
Read more
Get the latest Financial news on updatesfinance.com. Business news, Economy news, Investing news, Personal Finance and more.
