Dell Technologies Inc. shares rose higher on Thursday as the computer company’s earnings and adjusted earnings exceeded Wall Street expectations. Dell DELL, + 0.48% shares traded 1.8% after hours after closing the regular session at $ 62.43, up about 0.5%. The company reported second-quarter net income of $ 1.1 billion, …
Read More »Johnson & Johnson adds debt frenzy, borrowing $ 7.5 billion to buy Momenta
The Johnson & Johnson logo is displayed outside the company’s headquarters in New Brunswick, NJ Bloomberg News Johnson & Johnson on Thursday announced their top AAA credit ratings to borrow $ 7.5 billion in cheap financing for their acquisition of Momenta Pharmaceuticals, Inc. J&J, which makes drugs, consumables and medical …
Read More »Trump approves of Oracle’s attempt to buy TikTok
President Donald Trump on Tuesday announced support for Oracle Corp. to buy the US operations of TikTok, adding a fresh wrinkle to the offering for the Chinese-owned video-sharing app. Oracle ORCL, + 2.20% is a new contractor in the negotiations for TikTok, whose owner ByteDance Ltd. a fall deadline for …
Read More »ICE borrows $ 6.5 billion to expand its footprint of the mortgage sector
A house for sale in Pittsburgh United Press Intercontinental Exchange Inc., the owner of the New York Stock Exchange, left $ 6.5 billion in corporate branding Monday to help expand its footprint in the U.S. mortgage sector. That’s more than half of the $ 11 billion that ICE ICE, + …
Read More »‘It’s an enormous decision’: Judge gives a profit to companies claiming insurance cover for lost income due to coronavirus
A group of Kansas and Missouri hair salon and restaurant owners could continue with a lawsuit seeking to pay their insurance company for the income they are missing out on COVID-19 governments for closing government, a judge ruled Wednesday. The companies adequately insisted – to say the least – that …
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