Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
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Text size The Canoo is aimed at young professionals interested in a subscription model. Courtesy Canoo Yet another company with electric cars is publicly traded through a purchase through a special purpose purchase company, or SPAC. This time it’s the Hennessy Capital Acquisition that buys Canoo. Canoo is a self-described …
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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, + …
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Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
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Text size Sanofi is limiting its focus on drug development, stopping its diabetes and cardiovascular research. Joel Saget / AFP via Getty Images French pharmaceutical giant Sanofi is digging into the cash it raised earlier this year with the sale of its $ 11.7 billion stake in Regeneron Pharmaceuticals, the …
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